Welcome to our dedicated page for Cnx Res news (Ticker: CNX), a resource for investors and traders seeking the latest updates and insights on Cnx Res stock.
CNX Resources Corporation reports recurring developments tied to Appalachian natural gas development, production, midstream activity, and energy technology. The company is centered in Appalachia and operates around unconventional shale formations, including the Marcellus Shale and Utica Shale, with coalbed methane properties in Virginia. News commonly includes quarterly financial and operational results, production activity, hedging information, cash flow commentary, and supplemental E&P data.
Company updates also cover capital allocation and balance-sheet actions, including senior notes offerings, debt tender offers, revolving credit facility references, and common stock repurchase authorizations. Governance and shareholder-meeting items appear alongside operating updates for CNX's shale and coalbed methane business lines.
CNX Resources Corp. (NYSE: CNX) will announce its Q4 2020 financial results on January 28, 2021, at 6:45 a.m. ET. A brief press release will provide a link to presentation materials on the Investor Relations website. This will be followed by a conference call at 10:00 a.m. ET, with dial-in options available for domestic and international participants. CNX has 8.4 trillion cubic feet equivalent of proved natural gas reserves as of December 31, 2019, and is a member of the S&P Midcap 400 Index.
CNX Resources Corporation (NYSE: CNX) has successfully closed a private placement of $500 million in 6.00% senior notes due 2029. The proceeds will be utilized for general corporate purposes, including the repayment of existing debt on its revolving credit facility. The notes are guaranteed by all wholly-owned domestic subsidiaries of CNX and will not be registered under the Securities Act, limiting their sale to qualified institutional buyers and non-U.S. persons. As of December 31, 2019, CNX had 8.4 trillion cubic feet of proved natural gas reserves.
CNX Resources Corporation (NYSE: CNX) has priced $500 million in senior notes at 6.00% due 2029, set to close on November 30, 2020. Proceeds will be used for general corporate purposes, including repaying existing debt. Post-offering, CNX expects no debt maturities until 2025, apart from approximately $186 million drawn from its revolving credit facility. The notes will be guaranteed by CNX's wholly-owned domestic subsidiaries and offered only to qualified buyers under specific regulations. CNX aims for a leverage ratio of 1.5 to 1.0 using future cash flow for debt repayment and share repurchases.
CNX Resources Corporation (NYSE: CNX) plans to offer $400.0 million in senior notes due 2029. The notes will be guaranteed by its wholly-owned domestic restricted subsidiaries and are intended for general corporate purposes, including repaying existing debt. This offering is limited to qualified institutional buyers and non-U.S. persons. The Notes will not be registered under the Securities Act and hence cannot be sold in the U.S. without an exemption. CNX had 8.4 trillion cubic feet equivalent of proved reserves as of December 31, 2019, and is part of the S&P Midcap 400 Index.
CNX Resources Corporation (NYSE: CNX) released its third-quarter 2020 financial and operational results, which can be accessed on its website. The earnings results include detailed information on production volumes, hedging data, financial statements, and non-GAAP reconciliations. CNX, a leading independent natural gas production company focused on the Appalachian basin, holds 8.4 trillion cubic feet of proved natural gas reserves as of December 31, 2019. The earnings conference call is scheduled for 10:00 a.m. ET on October 29, 2020, with a subsequent Q&A for analysts.
CNX Resources Corp. (NYSE: CNX) will announce its Q3 2020 financial results on October 29 at 6:45 a.m. ET. The announcement will be accompanied by a press release that includes links to presentation materials available on their Investor Relations website. A conference call is scheduled for 10:00 a.m. ET on the same day, with dial-in options provided.
CNX is a major player in natural gas exploration and production, focusing on organic growth and holds 8.4 trillion cubic feet of proved natural gas reserves.
On October 5, 2020, CNX Resources Corporation (NYSE: CNX) announced an updated investor presentation and video featuring CEO Nick DeIuliis and CFO Don Rush. The presentation highlights the company's strategic focus on organic growth within the Appalachian basin and its substantial natural gas reserves, totaling 8.4 trillion cubic feet as of December 31, 2019. CNX aims to effectively manage its capital markets communication post-merger with CNX Midstream Partners. For more information, the video and presentation can be accessed through the provided links.
CNX Resources Corporation has completed the acquisition of all outstanding common units of CNX Midstream Partners LP, suspending the latter's trading on the NYSE. This strategic move consolidates CNX's position in the natural gas sector, enhancing its operational capabilities in the Appalachian Basin where it holds 8.4 trillion cubic feet of proved natural gas reserves. The merger is expected to yield cost savings and benefits, although potential risks exist, including economic conditions and integration challenges.
CNX Resources Corporation (NYSE: CNX) announced the successful closing of its private placement of $200 million in 7.250% senior notes due 2027. Offered at 103.5% of par, these notes yield 6.34% and will be combined with previously issued notes under a 2019 indenture. Proceeds will be used to redeem existing 5.875% senior notes due 2022, thus eliminating near-term maturities before 2026. The new notes are unregistered and will be offered only to qualified institutional buyers.
CNX Resources Corporation (NYSE: CNX) announced the pricing of $200.0 million in 7.250% senior notes due 2027 at a price of 103.5% of par and an effective yield of 6.34%. This offering, expected to close on September 22, 2020, follows a previously issued $500.0 million of identical notes. The company estimates net proceeds of about $204.0 million to redeem all outstanding 5.875% senior notes due 2022, thereby eliminating senior note maturities before 2026. The notes will be offered to qualified institutional buyers only.