CNX Resources (CNX) 2026 proxy: cash flow, Apex deal, buybacks and CEO transition

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CNX Resources’ 2026 proxy statement details robust financial performance in 2025, including $646 million in free cash flow and $528 million in share repurchases, cutting the share count by 37% since 2020. The company completed a $518 million acquisition of Apex Energy’s natural gas assets and continued its focus on ESG with a “Radical Transparency” program and methane-linked executive incentives. The proxy also announces a leadership transition, with Alan Shepard becoming CEO effective January 1, 2026, succeeding Nick Deiuliis.

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