CNX Resources Corp. today announced that it intends, subject to market and other conditions, to offer and sell to eligible purchasers $500 million of senior notes due 2031 . The Notes will be guaranteed by all of CNX's wholly owned restricted subsidiaries that guarantee its revolving credit facility. CNX intends to use the net proceeds of the sale [...]
CNX Resources Corp. today released financial and operational results for the second quarter 2022 by posting those results on its website as detailed below. Second quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations [...]
CNX Resources Corp. and Dynamis Power Solutions today announced an innovative ESG agreement to introduce the Appalachian Basin's first electric powered drilling system fueled entirely by on-site natural gas. The Dynamis Gas Hybrid Drilling Package combines high efficiency continuous duty natural gas reciprocating power generation with battery [...]
Newlight Technologies and CNX Resources announced that the companies have entered into a 15-year agreement to capture and utilize methane emissions for the production of Aircarbon®, a naturally-occurring molecule also known as PHB that replaces plastic but is carbon-negative and biologically degrades in natural environments. Under the agreement [...]
CNX Resources Corp. will announce its financial results for Q2 2022 at 6:45 a.m. Eastern Time on Thursday, July 28. At that time, CNX will issue a brief press release containing a link to presentation materials providing a Q2 2022 update, which will be available on CNX's Investor Relations website. This release will be followed by a conference call [...]
Requests Standardization Apply Equally to All to Avoid Misinforming Investors and to Improve Accuracy and Transparency In a letter to the U.S. Securities and Exchange Commission , CNX Resources Corp. offers insights to the agency on behalf of the company's stakeholders. As a leader in corporate responsibility - focused on delivering tangible [...]
Moves to Drive Continued Success and Seize New Opportunities CNX Resources Corp. today announced executive leadership promotions. Donald W. Rush, Chief Financial Officer, will assume the role of Chief Strategy Officer , and Alan K. Shepard, Vice President and Chief Accounting Officer, will be promoted to the role of Chief Financial Officer. Both [...]
Natural gas technology and derivative products first step as part of transformational fuel strategy to help reduce carbon footprint, diversify fuel markets, and provide a path to net-zero emissions Call it a transformational fuel strategy for the transportation industry to lower costs, reduce emissions, and create jobs - with Pittsburgh leading the [...]
Unique, Differentiated, and Rigorous Approach Delivering Long-Term Value Creation CNX Resources Corp. today issued its annual Corporate Responsibility Report, titled TANGIBLE IMPACTFUL LOCAL. In line with the company's unique and differentiated Sustainable Business Model, the report highlights continued and meaningful progress on material topics [...]
CNX Resources Corp. today released financial and operational results for the first quarter 2022 by posting those results on its website as detailed below. First quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can [...]
CNX Resources Corp. and Evolution Well Services are pleased to announce a four-year extension of their current partnership. CNX Chief Operating Officer Chad Griffith commented, "When we began working with Evolution, we knew this was the next step change on the efficiency frontier that has contributed to CNX being the lowest cost operator in the [...]
CNX Resources Corp. announced today, total proved reserves of 9.63 Tcfe, as of December 31, 2021. CNX organically added 907 Bcfe of proved reserves through extensions and discoveries, which resulted in the company replacing over 153% of its 2021 net production of 590 Bcfe. Proved developed reserves increased to 5.9 Tcfe as of December 31, 2021, an [...]