PITTSBURGH, April 3, 2024 /PRNewswire/ -- CNX Resources Corp. will announce its financial results for Q1 2024 at 6:45 a.m. Eastern Time on Thursday, April 25. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q1 2024 update [...]
Early this morning, a tragedy occurred after a container ship struck a support column of the Francis Scott Key Bridge in Baltimore causing it to collapse. The ship was not owned or operated by, or carrying materials bound to or from the CONSOL Marine Terminal. Our primary concern is for the safety of everyone affected. The Coast Guard has [...]
CNX Resources Corp. today announced an operational and guidance update. In response to the continued lower outlook for near term natural gas prices, the company will delay completions activities on three upcoming Marcellus Shale pads consisting of 11 wells to avoid bringing incremental volumes into the current oversupplied market. As a result of [...]
Today, Chemstream Inc., in conjunction with CNX Resources Corp. , announced it has become the first service provider to fully comply with the historic Radical Transparency initiative, which was launched as part of the collaboration between CNX and Pennsylvania Governor Josh Shapiro's Administration in November 2023. Across the company, Chemstream [...]
CNX Resources Corp. today announced the closing of its private placement of $400 million aggregate principal amount of its 7.250% senior notes due 2032 . The Notes were offered under an indenture, dated February 23, 2024 , among CNX, the subsidiary guarantors party thereto and UMB Bank, N.A., as trustee. The Notes are guaranteed by all of CNX's [...]
Company's Unique Tangible, Impactful, Local Approach to Community Investment Continues to Evolve and Expand CNX CEO Compensation Reduction for 2024 to be Invested into Mentorship Academy Expansion, Community Directed Projects within CNX Operational Footprint, and Expansion of Existing Community Partnerships in Underserved Rural and Urban [...]
CNX Resources Corp. today announced the final results and expiration of its previously announced cash tender offer to purchase any and all of the $350 million aggregate principal amount outstanding of its 7.250% Senior Notes due 2027 . As of 5:00 p.m., New York City time, on February 16, 2024, the expiration time for the Tender Offer , CNX had [...]
CNX Resources Corp. today announced the pricing terms of the previously announced cash tender offer to purchase any and all of its outstanding 7.250% Senior Notes due 2027 . The "Purchase Price" for each $1,000 principal amount of the Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer will be [...]
CNX Resources Corp. today announced the pricing of $400 million of its 7.250% senior notes due 2032 at a price to the public of 100.0% of their face value. The offering of Notes is expected to close on February 23, 2024, subject to the satisfaction of customary closing conditions. The Notes will be guaranteed by all of CNX's restricted subsidiaries [...]
CNX Resources Corp. today announced that it has commenced a cash tender offer to purchase any and all of its outstanding 7.250% Senior Notes due 2027 . Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below. Title of Security CUSIP Principal [...]
CNX Resources Corp. today announced that it intends, subject to market and other conditions, to offer and sell in a private placement to eligible purchasers $400 million of senior notes due 2032 . The Notes will be guaranteed by all of CNX's restricted subsidiaries that guarantee its revolving credit facility. Concurrently with this offering, we [...]
CNX Resources Corp. announced today its year-end reserves update as of December 31, 2023. The Company reported 2023 total proved reserves of 8,741 Bcfe, comprised of 6,028 Bcfe of proved developed reserves and 2,713 Bcfe of proved undeveloped reserves. Development activity in 2023 converted 819 Bcfe of proved undeveloped reserves, achieving a 1.46x [...]