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 [...]
PITTSBURGH, Feb. 7, 2018 /PRNewswire/ -- CNX Resources Corp. announced today total proved reserves of 7.6 Tcfe, as of December 31, 2017, which is a 21% increase, compared to the previous year. Oil, condensate, and liquids account for 460 Bcfe, or 6.1%, of the 7.6 Tcfe total proved reserves, of which the Marcellus and Utica Shale represent over 99 [...]
PITTSBURGH, Jan. 30, 2018 /PRNewswire/ -- CNX Resources Corp. reported net income from continuing operations of $282 million, or earnings of $1.24 per diluted share, compared to a net loss from continuing operations of $300 million, or a loss of $1.31 per diluted share in the year-earlier quarter. Discontinued operations consist of the assets and [...]
PITTSBURGH, Jan. 9, 2018 /PRNewswire/ -- CNX Resources Corp. announced today an updated 2018 capital expenditure forecast of $790-$880 million, excluding the recent acquisition of the general partner interest of CNX Midstream Partners LP . The 2018 budget includes $515-$580 million of drilling and completion capital and approximately $275-$300 [...]
CNX Resources and CNX Midstream Partners LP jointly announced today that CNX has closed its previously announced acquisition of Noble Energy's 50% membership interest in CONE Gathering LLC, which holds the general partner interest and incentive distribution rights in CONE Midstream Partners LP. In conjunction with the closing, CONE Midstream [...]
CNX Resources announced that, upon the closing of the transaction contemplated by the agreement to purchase Noble Energy's 50% membership interest in CONE Gathering, CNX expects to rebrand CONE Gathering and its subsidiaries, including CONE Midstream Partners, to conform to the CNX brand identity. This rebranding initiative includes changing the [...]
PITTSBURGH, Dec. 15, 2017 /PRNewswire/ -- CNX Resources Corp. announced that it has entered into an agreement to purchase Noble Energy Inc.'s 50% membership interest in CONE Gathering LLC for $305 million in cash and the mutual release of all outstanding claims. CONE Gathering holds all of the interests in CONE Midstream GP, LLC, which in turn [...]
Foundational assets include the Pennsylvania Mining Complex, a premier low-cost producer in Northern Appalachia, and the Ownership of CONSOL Marine Terminal, a major East Coast exporter of U.S. coals Begins "regular way" trading today on NYSE under ticker "CEIX" CANONSBURG, Pa., Nov. 29, 2017 /PRNewswire/ -- Consol Energy Inc. , formerly named [...]
S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: Consol Energy has announced a plan to spin out its coal business on a 1-for-8 basis to a new company named CONSOL Mining Corp. The spinout company will be added to the S&P/TSX Global Mining Index effective at the open of trading on [...]
Consol Energy reported net cash provided by operating activities in the just-ended quarter of $178 million, compared to $163 million in the year-earlier quarter, which included $5 million of net cash used in discontinued operating activities. The company reported a net loss attributable to CONSOL Energy shareholders of $26 million, or a loss of [...]
