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CNX Resources Corp - CNX STOCK NEWS

Welcome to our dedicated news page for CNX Resources (Ticker: CNX), a resource for investors and traders seeking the latest updates and insights on CNX Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CNX Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CNX Resources's position in the market.

Rhea-AI Summary
CNX Resources Corporation announces a $400 million private placement of senior notes due 2032 and a tender offer for its 7.250% senior notes due 2027. The company plans to use the proceeds for debt repayment and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
offering
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News
Rhea-AI Summary
CNX Resources Corporation (NYSE: CNX) reported total proved reserves of 8,741 Bcfe as of December 31, 2023, with a 1.46x proved developed replacement ratio. The company converted 819 Bcfe of proved undeveloped reserves in 2023 and achieved upward proved reserves adjustments of 467 Bcfe due to positive well performance. However, there were downward adjustments of 709 Bcfe due to the SEC five-year booking rule and 465 Bcfe due to lower commodity prices. The company's focus on capital efficiency and a maintenance of production program has lowered the rate of inventory consumption and deferred development of certain reserves when compared to prior reserve reports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
Tags
none
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News
Rhea-AI Summary
CNX Resources Corporation (NYSE: CNX) released its financial and operational results for the fourth quarter of 2023. The company's earnings results, supplemental information, and presentation materials are available on its website. The Q&A conference call details were also provided for investors and analysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
earnings
Rhea-AI Summary
CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2023 on January 25, 2024. The company will issue a press release containing links to its prepared remarks, presentation materials, and supplemental information, followed by a Q&A conference call and webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
Tags
earnings
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Rhea-AI Summary
CNX Resources Corporation (NYSE: CNX) ends coordination with the Adams Fork project due to delays and uncertainty over hydrogen production tax credit provisions. The company is evaluating alternative sites in southern West Virginia for clean hydrogen projects, remaining committed to supporting the Appalachian Regional Clean Hydrogen Hub (ARCH2) via low-cost, low carbon intensity feedstock. CNX's final investment decision is contingent upon tax credit guidance, and the company calls on the federal government to support the burgeoning hydrogen economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
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Rhea-AI Summary
CNX Resources Corporation (NYSE: CNX) announced the appointment of Timothy S. Bedard as Executive Vice President, General Counsel, and Corporate Secretary. Mr. Bedard brings extensive legal and IP expertise from his previous roles at Visa and Johnson & Johnson, as well as his background as an IP litigator and a U.S. Navy officer. His addition to the executive team is expected to accelerate the growth of CNX's New Tech business opportunities and sustain the company's business model. The company also disclosed the departure of former Executive Vice President, General Counsel, and Secretary Alexander J. Reyes, with whom they have mutually agreed to separate without cause.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
none
Rhea-AI Summary
WhiteHawk Energy, LLC (NYSE: WHK) acquires additional Marcellus Shale natural gas mineral and royalty assets for $54.0 million, doubling its mineral and royalty ownership in existing 475,000 gross acre position. The acquisition enhances WhiteHawk's Marcellus Shale assets by 100%, focusing on Washington and Greene counties, Pennsylvania. The assets are operated by top companies generating significant cash flow with no additional capital expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
acquisition
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Rhea-AI Summary
WhiteHawk Energy, LLC (NYSE: WHK) acquires additional Marcellus Shale natural gas mineral and royalty assets for $54.0 million, doubling its mineral and royalty ownership in existing 475,000 gross acre position. The acquisition enhances WhiteHawk's Marcellus Shale assets by 100%, focusing on Washington and Greene counties, Pennsylvania. The assets are operated by top companies generating significant cash flow with no additional capital expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.58%
Tags
acquisition
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Rhea-AI Summary
WhiteHawk Energy, LLC (NYSE: WHK) acquires additional Marcellus Shale natural gas mineral and royalty assets for $54.0 million, doubling its mineral and royalty ownership in existing 475,000 gross acre position. The acquisition enhances WhiteHawk's Marcellus Shale assets by 100%, focusing on Washington and Greene counties, Pennsylvania. The assets are operated by top companies generating significant cash flow with no additional capital expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
acquisition
News
Rhea-AI Summary
CNX Resources Corporation releases financial and operational results for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
Tags
earnings
CNX Resources Corp

NYSE:CNX

CNX Rankings

CNX Stock Data

3.63B
148.38M
4.24%
106.39%
20.49%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Canonsburg

About CNX

cnx resources corporation (nyse: cnx) is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the appalachian basin. with the benefit of a more than 150-year legacy and a substantial asset base amassed over many generations, the company deploys an organic growth strategy focused on responsibly developing its resources in order to create long term value for its shareholders, employees and the communities where it operates. as of december 31, 2016, cnx had 6.3 trillion cubic feet equivalent of proved natural gas reserves. the company is a member of the standard & poor's midcap 400 index.