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CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin.

The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers.

The company owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas positions in Illinois, Indiana, New York, and Virginia.

It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico.

In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities.

It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for third parties.

The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017.

CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.

Latest News >
Beijing Stimulus, Tokyo Tight Money Roil Asian Stock Markets
Beijing Stimulus, Tokyo Tight Money Roil Asian Stock Markets
Oct 2, 2024
06:52 AM EDT, 09/30/2024 (MT Newswires) -- Asian stock markets were heavily mixed on Monday with China-exposed exchanges soaring on the outlook for Beijing economic stimulus and property-sector support, but Tokyo sliding on the appreciating Japanese yen and dimming prospects for exporters. Other regional exchanges were also uneven. In Japan, the Nikkei 225 opened sharply lower and could not recover,...
Investors sue Finland for attempt to curb power transmission prices
Investors sue Finland for attempt to curb power transmission prices
Oct 2, 2024
HELSINKI, Sept 30 (Reuters) - Investors in Finland's largest power distributor Caruna are taking the Nordic country to arbitration, the Finnish foreign ministry said, due to the Finnish Energy Authority's attempt to curb rising power transmission prices for ordinary consumers. Investors including U.S. investment firm KKR, Swedish pension fund AMF and Canadian Ontario Teachers' Pension Plan (OTTP) have filed two...
Market Chatter: Nomura Excluded From Several Japanese Yen Bond Deals Over Rule Violation
Market Chatter: Nomura Excluded From Several Japanese Yen Bond Deals Over Rule Violation
Oct 2, 2024
06:47 AM EDT, 09/30/2024 (MT Newswires) -- Nomura Holdings ( NMR ) was excluded as bond manager for multiple Japanese yen bond deals after authorities found market rule breaches, Bloomberg reported late Sunday, citing underwriter announcements. The report added that at least four Japanese companies, including Toyota Finance Corp., Sumitomo Mitsui Trust, and Okinawa Development Finance, removed Nomura as bond...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Oct 2, 2024
Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1030 GMT on Monday: ** Verizon Communications ( VZ ) is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, Bloomberg News reported, citing people familiar with the matter. ** British real estate portal Rightmove ( RTMVF ) rejected...
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