BRIEF-CNX Announces Bolt-On Acquisition-May 2024-www.financetom.com

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BRIEF-CNX Announces Bolt-On Acquisition

Dec 5, 2024 4:14 AM

Dec 5 (Reuters) - CNX Resources ( CNX ):

* CNX ANNOUNCES STRATEGIC BOLT-ON ACQUISITION

* CNX RESOURCES CORP ( CNX ) - ACQUISITION VALUED AT APPROXIMATELY

$505

MILLION

* CNX RESOURCES CORP ( CNX ) - ACQUISITION EXPECTED TO BE ACCRETIVE

FREE CASH FLOW PER SHARE

* CNX RESOURCES CORP ( CNX ) - EXPECTED 2025 AVERAGE DAILY

PRODUCTION OF

180-190 MMCFE/D

* CNX RESOURCES CORP ( CNX ) - ACQUISITION FUNDED WITH CNX'S SECURED

CREDIT FACILITY

* CNX RESOURCES CORP ( CNX ): TO ACQUIRE NATURAL GAS UPSTREAM AND

ASSOCIATED MIDSTREAM BUSINESS OF APEX ENERGY II

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