CNX Resources reports second quarter results. Throughout this release, CNX distinguishes between "attributable to CNX shareholders" and "consolidated" results. Attributable to CNX shareholders: Excludes from consolidated results interests in CNX Midstream Partners LP not held by CNX, which was approximately 63.91% during the second quarter. The [...]
CNX Resources and CNX Midstream Partners LP will issue their second quarter earnings releases at 6:45 a.m. Eastern Time on Thursday, August 2. These releases will be followed by conference calls and live webcasts, which will be available on the 'Investor Relations' page of the CNX Resources website, and the 'News and Events' page of the CNX [...]
PITTSBURGH, June 29, 2018 /PRNewswire/ -- CNX Resources Corp. today announced that it has reached an agreement to sell its Ohio Utica joint venture assets to Ascent Resources-Utica, LLC for net cash proceeds of approximately $400 million. The divestiture includes 50 net producing wells with an average net revenue interest of 48%; five 50% working [...]
PITTSBURGH, June 26, 2018 /PRNewswire/ -- CNX Midstream Partners LP today announced the pricing of an upsized underwritten public offering of an aggregate of 6,500,000 common units representing limited partner interests in the Partnership by NBL Midstream, LLC, a subsidiary of Noble Energy Inc. , at a public offering price of $18.30 per common [...]
CNX Resources reported net income attributable to CNX shareholders of $528 million, or earnings of $2.35 per diluted share, compared to a net loss attributable to CNX shareholders of $39 million, or a loss of $0.17 per diluted share, in the first quarter of 2017. Prior to the company's previously announced acquisition on January 3, 2018, of the [...]
PITTSBURGH, April 27, 2018 /PRNewswire/ -- CNX Resources Corp. announced today the preliminary results for the quarter ended March 31, 2018, which include the following: Net Income : Net income of between $518 million and $573 million, which includes a gain on the remeasurement to fair value of the previously held equity interest, compared to a net [...]
PITTSBURGH, April 16, 2018 /PRNewswire/ -- CNX Resources Corp. will issue its first quarter earnings release at 6:45 a.m. Eastern Time on Thursday, May 3. This will be followed by a conference call at 10:00 a.m. Eastern Time. A live webcast will be available on the 'Investor Relations' page of the company's website, www.cnx.com. Also, earnings call [...]
PITTSBURGH, March 16, 2018 /PRNewswire/ -- CNX Resources Corp. announced today that it has terminated its previously announced cash tender offer for any and all of the approximately $500 million outstanding aggregate principal amount of its 8.000% senior notes due 2023 , as a result of its election not to proceed at this time with its previously [...]
PITTSBURGH, March 16, 2018 /PRNewswire/ -- CNX Resources Corp. and CNX Midstream Partners LP jointly announced today that CNXM has completed its previously announced acquisition of a 95% interest in the Shirley-Pennsboro gathering system from CNX. The Shirley-Pennsboro System gathers and transports gas in the core wet gas region of the Marcellus [...]
PITTSBURGH, March 15, 2018 /PRNewswire/ -- CNX Resources Corp. today announced that it has commenced a cash tender offer to purchase any and all of the outstanding senior notes listed in the following table at the cash purchase price shown in the column titled "Purchase Price per $1,000 of Notes." Issuer Title of Security CUSIP Principal Amount [...]
PITTSBURGH, March 15, 2018 /PRNewswire/ -- 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 2026 . The Notes will be guaranteed by all of CNX's wholly-owned domestic restricted subsidiaries that guarantee its revolving credit [...]
PITTSBURGH, March 8, 2018 /PRNewswire/ -- CNX Resources Corp. today announced that it has amended and restated its senior secured revolving credit facility . The Credit Facility increases lenders' commitments to $2.1 billion, with an accordion feature allowing the Company to increase the commitments to $3.0 billion, and establishes an initial [...]