Cnx Res Corp Stock Price, News & Analysis

CNX Midstream Partners LP has priced $400 million of 4.750% senior notes due 2030 at an issue price of 100% in a private offering. The offering is set to close on September 22, 2021. Proceeds will be used to purchase $400 million of its 6.500% senior notes due 2026 through a concurrent tender offer. These notes will not be registered under the Securities Act and are offered to qualified institutional buyers. The company operates midstream energy assets servicing natural gas production in the Appalachian Basin.

CNX Midstream Partners LP, a subsidiary of CNX Resources, launched a cash tender offer for its outstanding 6.500% Senior Notes due 2026, totaling $400 million, at a purchase price of $1,051.70 per $1,000 of notes. The offer expires on September 21, 2021, and holders will receive accrued interest. The offer's execution is contingent upon the successful completion of a contemporaneous notes offering. Wells Fargo Securities is the Dealer Manager. This release is informational and does not constitute a securities offer.

CNX Midstream Partners LP has announced a private offering of $400 million in senior notes due 2030. The notes will be guaranteed by all domestic restricted subsidiaries and the proceeds are intended to fund a concurrent tender offer to purchase its outstanding 6.500% senior notes due 2026. The offering is aimed at qualified institutional buyers and will not be registered under the Securities Act. This strategic move aims to optimize CNX Midstream's financial structure in light of future growth opportunities in the Appalachian Basin.

CNX Resources Corporation (NYSE: CNX) released its second quarter 2021 financial and operational results on July 29, 2021. Key metrics and supplemental information regarding earnings, production volumes, and hedging can be accessed on their website. The earnings conference call is scheduled for 10:00 a.m. ET on the same day, with details available for international and domestic participants. CNX, a leader in natural gas production in the Appalachian basin, holds 9.55 trillion cubic feet equivalent of proved natural gas reserves as of December 31, 2020, and focuses on sustainable resource development.

CNX Resources Corp. (NYSE: CNX) released its annual Corporate Responsibility Report, highlighting its commitment to environmental, social, and governance (ESG) principles. The report emphasizes CNX's unique position as a net carbon negative company in the natural gas sector and details significant methane abatement efforts, achieving over 300,000 metric tons annually. CNX also outlines social responsibility initiatives, including a median employee compensation package exceeding $150,000 and a $30 million investment in local communities. Additionally, the company commits to enhancing diversity within its workforce and aligning management compensation with ESG performance.

CNX Resources Corp. (NYSE: CNX) will announce its Q2 2021 financial results on July 29, 2021, at 6:45 a.m. ET. A press release will follow, with a link to presentation materials on CNX’s Investor Relations website. A conference call will occur at 10:00 a.m. ET on the same day, with details for dial-in and a webcast available. CNX, a leading independent natural gas company, focuses on responsibly developing resources within the Appalachian basin, boasting 9.55 trillion cubic feet of proved natural gas reserves as of December 31, 2020.

CNX Resources Corp. (NYSE: CNX) has launched the CNX Foundation, a 501(c)(3) nonprofit, to manage a $30 million community investment commitment aimed at fostering socio-economic growth in the Appalachian region. The Foundation will direct funds towards social ($17.5M) and environmental ($12.5M) initiatives, addressing issues such as food insecurity, health, and vocational training. So far, CNX has allocated $1.7M towards projects, including $1M for broadband access in Greene County, PA. This initiative aligns with CNX's ESG philosophy and is expected to enhance long-term economic returns while maintaining its cash flow generation plan.

CNX Resources Corporation (NYSE: CNX) has published its financial and operational results for Q1 2021. Key highlights include access to detailed earnings, E&P data, production volumes, and financial statements via their website. An earnings conference call is scheduled for April 29, 2021, at 10:00 a.m. ET, with a replay available post-call. CNX focuses on natural gas development in the Appalachian basin, boasting 9.55 trillion cubic feet equivalent of proved reserves as of December 31, 2020.

CNX Resources Corp. (NYSE: CNX) announced a $30 million multi-year investment aimed at enhancing local communities in the tri-state region. This initiative, lasting six years, focuses on addressing issues like food insecurity, health and wellness, and career training. The investment aims to create long-term economic benefits while supporting previously established cash flow goals. Initial projects include significant funding for broadband access, vocational training, and technological support for disadvantaged schools, reinforcing CNX's commitment to Environmental, Social, and Governance (ESG) principles.