Cnx Res Corp Stock Price, News & Analysis

CNX Resources Corporation (NYSE: CNX) has announced a significant shift in its ESG reporting strategy, moving from annual to continuous updates with quarterly ESG Performance Scorecard data. The company's 2024 Corporate Sustainability Report highlights several achievements: a 30% reduction in methane intensity in its production segment, capture of 9.1 million metric tons of waste methane CO₂e, and successful water management initiatives. Key community investments include the completion of the $20 million Kiski Water Line project, expansion of the CNX Mentorship Academy with 44% increased student participation, and $3.7 million in community contributions through 144 initiatives. The company's Radical Transparency program provides real-time environmental monitoring data, while new regional offices in North Apollo and Richlands, Virginia, enhance local presence. The Headquarters at CNX reached 92% capacity with 29 tenants, supporting small and minority-owned businesses.

CNX Resources (NYSE: CNX) has announced the release of its financial and operational results for the first quarter of 2025. The company has made the quarterly results available through multiple documents on its website, including prepared remarks, earnings results, supplemental information about E&P data, production volumes, hedging information, financial statements, and non-GAAP reconciliations.

The company will host a Q&A conference call on Thursday, April 24, at 10:00 a.m. ET. Investors can access the call through domestic (855-656-0928) and international (412-902-4112) dial-in numbers. A replay of the conference call and webcast will be available on CNX's Investor Relations webpage.

CNX Resources (NYSE: CNX) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, at 6:45 a.m. Eastern Time. The company will release a brief press release containing:

• Links to prepared remarks for Q1 2025
• Presentation materials
• Supplemental information with Q1 2025 updates

A Q&A conference call and webcast will follow at 10:00 a.m. ET, accessible via domestic (855-656-0928) and international (412-902-4112) dial-in numbers. All materials will be available on CNX's Investor Relations website, with a replay maintained for future access.

CNX Resources (NYSE: CNX) and the CNX Foundation announced a new campaign focused on community support initiatives in Appalachia. The campaign, part of the Company's Appalachia First strategic vision, will address three main areas: erasing school lunch debt in Western Pennsylvania communities, supporting veterans throughout the Appalachian region through organizations like Veterans of Foreign Wars, and addressing essential needs of individuals and families in CNX's operating footprint.

The initiative will be fully funded by CEO Nick Deiuliis through a reduction in his 2025 compensation, following $4 million in cumulative offset compensation since 2022. This funding approach has supported the Foundation's Mentorship Academy initiative and other community efforts without additional company costs. The program aims to create direct, localized impact rather than following traditional corporate donation practices to large non-profits.

CNX Resources (NYSE: CNX) has released its financial and operational results for the fourth quarter 2024. The company has made available its quarterly earnings results, prepared remarks, and supplemental information regarding E&P data, including production volumes, hedging information, financial statements, and non-GAAP reconciliations on its website.

CNX is hosting a Q&A conference call on Thursday, January 30, at 10:00 a.m. ET. Investors can access the call through domestic (855-656-0928) and international (412-902-4112) dial-in numbers. A replay of the conference call and webcast will be available on CNX's Investor Relations webpage.

CNX Resources has completed the acquisition of Apex Energy II's natural gas upstream and associated midstream business in the Appalachian Basin for approximately $505 million in cash. The transaction, effective from October 1, 2024, represents a strategic bolt-on acquisition that expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region.

The acquisition provides an existing infrastructure footprint for future development and is expected to be immediately accretive to CNX's free cash flow per share. The company plans to implement its Radical Transparency environmental monitoring and real-time disclosure initiative across the newly acquired assets, working in collaboration with Pennsylvania Governor Shapiro and the state Department of Environmental Protection.

CNX Resources (NYSE: CNX) has successfully closed a private placement of $200.0 million in 7.250% senior notes due 2032 at 100.500% of par, with a yield to worst of 7.104%. These notes are additional to the previously issued $400.0 million aggregate principal amount under the same terms.

The new notes are guaranteed by CNX's restricted subsidiaries that guarantee its revolving credit facility. The proceeds will be used for general corporate purposes, including funding transaction costs for the pending acquisition of Apex Energy entities and temporarily paying down revolving credit facility borrowings.

The notes are being offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. As of December 31, 2023, CNX had 8.74 trillion cubic feet equivalent of proved natural gas reserves.

CNX Resources (NYSE: CNX) has announced the pricing of $200.0 million of additional 7.250% senior notes due 2032 at 100.500% of par, with a yield to worst of 7.104%. These New Notes are being offered under an existing indenture where CNX previously issued $400.0 million of similar notes.

The offering is expected to close on January 21, 2025. The New Notes will be guaranteed by CNX's restricted subsidiaries that guarantee its revolving credit facility. The proceeds will be used for general corporate purposes, including funding transaction costs for the pending acquisition of Apex Energy entities and temporarily paying down revolving credit facility borrowings.

The New Notes will be offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. As of December 31, 2023, CNX had 8.74 trillion cubic feet equivalent of proved natural gas reserves.

CNX Resources (NYSE: CNX) has announced a private placement offering of $200 million in 7.250% senior notes due 2032. These notes are additional to the previously issued $400 million aggregate principal amount under the same terms. The new notes will be guaranteed by CNX's restricted subsidiaries that guarantee its revolving credit facility.

The proceeds will be used for general corporate purposes, including funding transaction costs for the pending acquisition of Apex Energy entities and temporarily paying down borrowings under the company's senior secured revolving credit facility. The notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

As of December 31, 2023, CNX had 8.74 trillion cubic feet equivalent of proved natural gas reserves.