CNX Resources Corporation - CNX STOCK NEWS

CNX Resources Corp. (NYSE: CNX) will release its Q2 2022 financial results on July 28, 2022, at 6:45 a.m. ET. This announcement will be followed by a conference call at 10:00 a.m. ET, where details will be discussed. Investors can access the call via dial-in or webcast through the company's Investor Relations page. CNX focuses on natural gas development and boasts 9.63 trillion cubic feet equivalent of proved natural gas reserves as of December 31, 2021. The company is a member of the S&P Midcap 400 Index.

CNX Resources Corporation (NYSE: CNX) submitted a letter to the SEC addressing proposed climate rules affecting investor confidence. The letter emphasizes three main themes: the inconsistency of reporting standards for carbon emissions could mislead investors, the shift from a voluntary to involuntary compliance framework without proper standardization may lead to misallocated capital, and the need for accurate, transparent regulations across industries. CNX aims to promote responsible natural gas development while ensuring that capital allocation decisions are based on reliable data.

CNX Resources Corporation (NYSE: CNX) announced significant executive leadership changes on June 1, 2022. Donald W. Rush has been promoted to Chief Strategy Officer, while Alan K. Shepard steps up as the new Chief Financial Officer. These promotions are aimed at leveraging local talent and enhancing the company's strategic initiatives and financial management. Rush will drive growth avenues and branding, while Shepard will focus on overseeing the finance organization to support the company's free cash flow strategy. The moves reflect CNX's commitment to its future and regional value proposition.

The partnership between Pittsburgh International Airport and CNX Resources aims to reduce carbon emissions and costs in the transportation sector through innovative use of natural gas.

CNX will employ proprietary technology to convert dry natural gas into liquefied natural gas (LNG), compressed natural gas (CNG), and hydrogen feedstock, supporting local economies and job creation.

This initiative aligns with Pennsylvania's efforts towards a hydrogen hub and carbon storage system, positioning the airport as a leader in energy innovation and sustainability.

CNX Resources Corp. released its annual Corporate Responsibility Report for 2021, highlighting progress in sustainable practices and social responsibility. Key achievements include a 90% reduction in CO₂e emissions since 2011, investment in carbon capture, and a commitment to invest $30 million in local communities over six years. The company emphasizes a localized workforce and diversity initiatives, targeting 40% diversity on the executive team by 2026. The report aims to demonstrate CNX's commitment to long-term value creation for shareholders and stakeholders.

CNX Resources Corporation (NYSE: CNX) released its financial and operational results for Q1 2022 on April 28, 2022. The earnings report includes crucial data such as production volumes, hedging information, and financial statements. As of December 31, 2021, CNX held 9.63 trillion cubic feet equivalent of proved natural gas reserves. The company operates within the Appalachian basin, focusing on efficient resource development and long-term shareholder value through its comprehensive midstream and production strategy. A conference call with further details is scheduled for the same day.

CNX Resources Corp. (NYSE: CNX) will release its Q1 2022 financial results on April 28 at 6:45 a.m. ET. This will be followed by a conference call at 10:00 a.m. ET. Investors can access the results and subsequent materials on CNX's website. The company, a leader in natural gas development in the Appalachian basin, holds 9.63 trillion cubic feet of proved natural gas reserves as of December 31, 2021. CNX aims to create long-term value for its shareholders through responsible resource management. Further details will be available post-call.

CNX Resources Corp. (NYSE: CNX) announces the release of "Precipice: The Left’s Campaign to Destroy America," authored by CEO Nick Deiuliis. The book discusses the current economic, social, and geopolitical threats facing America, emphasizing the shift from value creators to appropriators. Deiuliis advocates for middle-class families and all proceeds from the book sales will benefit the CNX Foundation, aiding disadvantaged youth. Through this work, he aims to foster constructive public discourse around preserving the American dream.

CNX Resources Corporation (NYSE: CNX) reported total proved reserves of 9.63 trillion cubic feet equivalent (Tcfe) as of December 31, 2021. The company successfully added 907 billion cubic feet equivalent (Bcfe) through new discoveries, resulting in a replacement rate of over 153% of 2021's net production of 590 Bcfe. Proved developed reserves increased by 13.5% to 5.9 Tcfe. In 2021, total future development costs for proved reserves were estimated at $1,736 million. The pre-tax discounted present value of these reserves was $8.1 billion, reflecting significant growth from $3.6 billion in 2020.