US Market News
2月前
CNX Reports First Quarter ResultsApril 30, 2026 6:45 AM
PR Newswire (US)
PITTSBURGH, April 30, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the first quarter of 2026 by posting those results on its website as detailed below.The company's first quarter prepared remarks can be accessed by clicking here.First quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here.A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemental information, and presentation materials are also available on the Investor Relations page of the company's website at www.cnx.com.As previously disclosed, the CNX Q&A conference call details are as follows: 10:00 a.m. ET: Thursday, April 30Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.cnx.comA replay of the Q&A conference call and webcast will be maintained on the Investor Relations page on CNX's website. About CNX Resources CorporationCNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 162-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at www.cnx.com.
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Original: CNX Reports First Quarter Results
US Market News
2月前
CNX Marks First Full Year of Dynamic ESG Reporting with 2025 Sustainability AccomplishmentsApril 23, 2026 6:45 AM
PR Newswire (US)
PITTSBURGH, April 23, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) today highlighted its 2025 sustainability accomplishments, marking the first full year since the company shifted from a static annual Corporate Sustainability Report to quarterly ESG Performance Scorecard updates and continuously updated website disclosures. The 2025 results reflect CNX's commitment to treating ESG metrics with the rigor and frequency of financial data while advancing CNX's Appalachia First strategy through Tangible, Impactful, and Local action."Last year marked the first full year of CNX's dynamic ESG reporting model, and the results reinforce our view that stakeholders are better served by more timely, more transparent disclosures than by a once-a-year snapshot," said CNX President and Chief Executive Officer Alan Shepard. "Quarterly ESG Performance Scorecard updates and ongoing website disclosures give shareholders, communities, and employees a clearer, more current view of how our actions are creating value for all stakeholders."CNX's reporting continues to follow Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) frameworks.Highlights from CNX's 2025 sustainability performance include:One full year of dynamic ESG reporting. During 2025, CNX completed its first full year of quarterly ESG Performance Scorecard updates and continuously refreshed website disclosures, extending the reporting model announced in May 2025. This approach builds on CNX's Radical Transparency philosophy. Notable website updates include a public NOV disclosure page detailing every violation notice received from regulatory bodies, as well as a community investments page summarizing key data on how CNX enhances the local areas where the company operates.Environmental stewardship backed by data. CNX continued to advance its environmental record in 2025 through disciplined operations, emissions-management efforts, and technology-enabled monitoring across its operating footprint. The company's 2025 ESG Performance Scorecard includes updated data on greenhouse gas emissions, methane intensity, air emissions, water management, waste, leak detection and repair activity, and environmental incidents.Radical Transparency in action. CNX expanded its Radical Transparency efforts in 2025. Since inception, over a million data points have been collected, simultaneously reported to the Pennsylvania Department of Environmental Protection (PADEP), and transparently posted on CNX's website, with monitoring coverage including active and archived sites. In May 2025, the Pennsylvania Department of Environmental Protection (PADEP) began conducting the nation's most intensive independent study of unconventional gas wells, with CNX providing unprecedented continuous access to a Washington County well pad for in-depth independent monitoring of the air emissions before, during, and after development of new wells.Micro-TIL launched as a new model for corporate community investment. In 2025, CNX announced its hyper-local micro-TIL philanthropic approach to help direct support more quickly and more directly to families, individuals, and organizations in communities where we operate.2025 CNX Foundation giving: $4 million2025 number of initiatives supported: 130+2025 micro-TIL delivering locally: CNX and its employees continued to deliver direct support to individuals and community organizations. Support generated in part through CNX Foundation's 2025 golf outing and from the 2025 clay shoot is helping fund a nearly $500,000 HVAC upgrade for Apollo-Ridge School District's auditorium and band room. During the holiday season, CNX and its employees also worked with community partners to support families in need, including gift programs that reached hundreds of families and children across the company's operating area.Workforce development and local opportunity. CNX continued to support workforce pathways across Appalachia through the CNX Mentorship Academy and the Energy Short Service Employee (SSE) internship program. The 2024–2025 Mentorship Academy cohort included 73 graduating seniors, with more than 30% obtaining full-time employment and 51% planning to pursue continued education. Enrollment in the current 2025–2026 Academy class increased 60% from the prior year. Eleven energy industry companies and eight interns participated in the 2025 Energy SSE internship, with 75% of interns obtaining full-time employment at program end.Community presence and local partnerships. The Headquarters at CNX continues to support minority and women-owned business enterprises, educational institutions, and community nonprofit organizations – providing workspace to 27 tenants. The company also continues to emphasize support for local contractors and suppliers. CNX's local percent of small business spend increased to 64% in 2025.Safety and governance discipline. CNX's ESG Performance Scorecard continues to track workforce, safety, and governance indicators, including total recordable incident rate, lost time incident rate, employee retention, board composition, and community investment."Our sustainability strategy is rooted in Appalachia First," said CNX Senior Vice President of Compliance and Reporting Hayley Scott. "In 2025, that meant continuing to invest in environmental performance, expanding Radical Transparency, launching micro-TIL, and supporting workforce development in ways that create lasting value for our communities, employees, and shareholders."The ESG Performance Scorecard has limited assurance procedures performed by Keramida, Inc., a WBE-certified global sustainability and EHS services firm, for 2025, 2024 and 2023 Scope 1 and 2 GHG emissions, air emissions, water, and waste data, while CNX's Internal Audit team has reviewed and provided limited assurance on all other ESG performance metrics, ensuring data integrity.Additional information about CNX's sustainability initiatives, ESG Performance Scorecard, and Radical Transparency efforts is available at www.cnx.com/sustainability-radical-transparency.About CNX ResourcesCNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 162-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at www.cnx.com.
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Original: CNX Marks First Full Year of Dynamic ESG Reporting with 2025 Sustainability Accomplishments
US Market News
3月前
CNX Resources Corporation Announces First Quarter 2026 Financial Results and Q&A Conference Call ScheduleApril 2, 2026 4:15 PM
PR Newswire (US)
PITTSBURGH, April 2, 2026 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q1 2026 at 6:45 a.m. Eastern Time on Thursday, April 30. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q1 2026 update. These materials will be available on CNX's Investor Relations website.This release will be followed by a Q&A conference call and webcast.Q&A Conference Call InformationCNX Resources (NYSE: CNX)10:00 a.m. ET: Thursday, April 30Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.cnx.comA replay of the Q&A conference call and webcast will be maintained on the Investor Relations page on CNX's website. About CNX ResourcesCNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 162-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at www.cnx.com.
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Original: CNX Resources Corporation Announces First Quarter 2026 Financial Results and Q&A Conference Call Schedule
US Market News
4月前
CNX Resources Corporation Announces Final Results and Expiration of Tender Offer for its 6.000% Senior Notes due 2029February 23, 2026 7:21 PM
PR Newswire (US)
PITTSBURGH, Feb. 23, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX") today announced the final results and expiration of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of the $500 million aggregate principal amount outstanding of its 6.000% Senior Notes due 2029 (the "2029 Notes"). As of 5:00 p.m., New York City time, on February 23, 2026, the expiration time for the Tender Offer (the "Expiration Time"), CNX had received tenders for an aggregate principal amount of $420,200,000 of the outstanding 2029 Notes, or 84.04% of the aggregate principal amount of 2029 Notes outstanding. These amounts exclude any 2029 Notes that may be tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase and the Notice of Guaranteed Delivery (each as defined below).The Tender Offer was made pursuant to the terms and conditions contained in the Offer to Purchase, dated February 17, 2026 (the "Offer to Purchase"), and the related notice of guaranteed delivery for the Tender Offer (the "Notice of Guaranteed Delivery").In accordance with the terms of the Tender Offer, CNX will pay the purchase price (the "Purchase Price") for the 2029 Notes validly tendered prior to the Expiration Time or pursuant to the Notice of Guaranteed Delivery on February 26, 2026 (the "Settlement Date"). The Purchase Price to be paid for the 2029 Notes is $1,016.10 for each $1,000 principal amount of the 2029 Notes validly tendered and accepted for purchase pursuant to the Tender Offer, plus accrued and unpaid interest on the 2029 Notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the Settlement Date. For avoidance of doubt, interest on the 2029 Notes will cease to accrue on the Settlement Date for all 2029 Notes accepted in the Tender Offer. All 2029 Notes purchased on the Settlement Date will subsequently be retired.Concurrently with the commencement of the Tender Offer, CNX issued a conditional notice, pursuant to the indenture governing the 2029 Notes, to redeem (the "Redemption") all 2029 Notes not purchased in the Tender Offer, at a redemption price of 101.50% of the principal amount thereof, plus accrued and unpaid interest, if any, to the redemption date of March 19, 2026 (the "redemption date"). The Redemption is conditioned on the closing of CNX's contemporaneous offering of new senior notes (the "new notes offering") and its receipt of net proceeds from such offering, and there can be no assurance the Redemption will be completed. The Redemption may be terminated and the redemption notice may be rescinded in the event such conditions shall not have been satisfied by the redemption date.CNX retained Wells Fargo Securities, LLC to serve as the Dealer Manager for the Tender Offer. Global Bondholder Services Corporation served as the tender agent and information agent for the Tender Offer.CNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 161-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index.Cautionary Statements:This press release does not constitute an offer to purchase or the solicitation of an offer to sell any 2029 Notes in the Tender Offer, nor does it constitute a notice of redemption under the indenture governing the 2029 Notes. In addition, this press release is not an offer to sell or the solicitation of an offer to buy any securities issued in connection with the new notes offering, nor shall there be any sale of the securities issued in such offering in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.Various statements in this release, including those that express a belief, expectation or intention, may be considered forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects and our future production, revenues, income and capital spending. When we use the words "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," "will," or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, including those relating to the Tender Offer, the new notes offering and the Redemption, speak only as of the date of this press release; we disclaim any obligation to update these statements. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks, contingencies and uncertainties relate to, among other matters, the factors discussed in our 2025 Annual Report on Form 10-K under "Risk Factors," which is on file at the U.S. Securities and Exchange Commission.
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Original: CNX Resources Corporation Announces Final Results and Expiration of Tender Offer for its 6.000% Senior Notes due 2029
US Market News
4月前
CNX Resources Corporation Announces Pricing of $500 Million of Senior NotesFebruary 17, 2026 4:05 PM
PR Newswire (US)
PITTSBURGH, Feb. 17, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the pricing of $500 million of its 5.875% senior notes due 2034 (the "Notes") at a price to the public of 100.0% of their face value. The offering of Notes is expected to close on February 26, 2026, subject to the satisfaction of customary closing conditions. The Notes will be guaranteed by all of CNX's restricted subsidiaries that guarantee its revolving credit facility.CNX intends to use the net proceeds of the sale of the Notes to (i) purchase any and all of its outstanding 6.000% senior notes due 2029 (the "2029 Notes") pursuant to the tender offer that commenced concurrently with the offering of the Notes (the "Tender Offer") and (ii) to the extent any 2029 Notes remain outstanding after the Tender Offer, fund the redemption of all 2029 Notes not purchased in the Tender Offer (the "Redemption"). To the extent the net proceeds of the sale of Notes are not sufficient to fund its obligations under the Tender Offer and the Redemption, it intends to draw on its revolving credit facility to provide the additional funds to satisfy such obligations. Until it uses the remaining net proceeds of the sale of the Notes to fund the Redemption, if applicable, it will reduce amounts outstanding under its revolving credit facility.The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.CNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 161-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Cautionary Statements:This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of Notes may be made only by means of an offering memorandum. This press release does not constitute an offer to purchase or the solicitation of an offer to sell any 2029 Notes in the Tender Offer, nor does it constitute a notice of redemption under the indenture governing the 2029 Notes.Various statements in this release, including those that express a belief, expectation or intention, may be considered forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. When we use the words "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," "will" or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, including those relating to the offering of Notes and the use of proceeds therefrom, the Tender Offer and the Redemption, speak only as of the date of this press release; we disclaim any obligation to update these statements unless required by securities laws and we caution you not to rely on them unduly. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks, contingencies and uncertainties relate to, among other matters, the factors discussed in our 2025 Annual Report on Form 10-K under "Risk Factors," which is on file at the U.S. Securities and Exchange Commission.
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Original: CNX Resources Corporation Announces Pricing of $500 Million of Senior Notes
US Market News
4月前
CNX Resources Corporation Announces Private Offering of $500 Million of Senior NotesFebruary 17, 2026 7:52 AM
PR Newswire (US)
PITTSBURGH, Feb. 17, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we" or "our") today announced that it intends, subject to market and other conditions, to offer and sell in a private placement to eligible purchasers $500 million of senior notes due 2034 (the "Notes"). The Notes will be guaranteed by all of CNX's restricted subsidiaries that guarantee its revolving credit facility.Concurrently with this offering, we commenced a tender offer (the "Tender Offer") to purchase for cash any and all of our 6.000% senior notes due 2029 (our "2029 Notes") validly tendered and not validly withdrawn. The Tender Offer is made only by and pursuant to the terms of the Offer to Purchase. Additionally, concurrently with this offering and the commencement of the Tender Offer, we issued a conditional notice to redeem all 2029 Notes not purchased in the Tender Offer (the "Redemption"). The Tender Offer and the Redemption are each conditioned on the consummation of this offering.CNX intends to use the net proceeds of the sale of the Notes to (i) fund its obligations under the Tender Offer and (ii) to the extent any 2029 Notes remain outstanding after the Tender Offer, to fund the Redemption. To the extent the net proceeds of the sale of Notes are not sufficient to fund its obligations under the Tender Offer and the Redemption, it intends to draw on its revolving credit facility to provide the additional funds to satisfy such obligations. Until it uses the remaining net proceeds of the sale of the Notes to fund the Redemption, if applicable, it will reduce amounts outstanding under its revolving credit facility.The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.CNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 161-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index.Cautionary Statements:This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of Notes may be made only by means of an offering memorandum. This press release does not constitute an offer to purchase or the solicitation of an offer to sell any 2029 Notes in the Tender Offer, nor does it constitute a notice of redemption under the indenture governing the 2029 Notes.Various statements in this release, including those that express a belief, expectation or intention, may be considered forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. When we use the words "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," "will" or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, including those relating to the offering of Notes and the use of proceeds therefrom, the Tender Offer and the Redemption, speak only as of the date of this press release; we disclaim any obligation to update these statements unless required by securities laws and we caution you not to rely on them unduly. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks, contingencies and uncertainties relate to, among other matters, the factors discussed in our 2025 Annual Report on Form 10-K under "Risk Factors," which is on file at the U.S. Securities and Exchange Commission.
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Original: CNX Resources Corporation Announces Private Offering of $500 Million of Senior Notes
US Market News
4月前
CNX Resources Corporation Announces Tender Offer for its 6.000% Senior Notes due 2029February 17, 2026 7:56 AM
PR Newswire (US)
PITTSBURGH, Feb. 17, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 6.000% Senior Notes due 2029 (the "Notes").Certain information regarding the Notes and the Purchase Price (as defined below) is set forth in the table below.Title of Security
CUSIP
Principal Amount
Outstanding
Purchase Price6.000% Senior Notes
due 2029
144A (12653C AJ7)Reg S (U1749L AE4)
$500,000,000
$1,016.10 (1)(1) Per $1,000 principal amount of Notes validly tendered and accepted for purchase. Excludes accrued and unpaid interest, which also will be paid to, but excluding, the Settlement Date.The "Purchase Price" for each $1,000 principal amount of the Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer will be $1,016.10, as described in the Offer to Purchase.In addition to the Purchase Price, holders whose Notes are purchased pursuant to the Tender Offer will also receive accrued and unpaid interest thereon from the last interest payment date up to, but not including, the date on which CNX makes payment for such Notes, which date is currently expected to be February 26, 2026, assuming that the Tender Offer is not extended or earlier terminated.The Tender Offer is being made pursuant to the terms and conditions contained in the Offer to Purchase and Notice of Guaranteed Delivery, copies of which may be obtained from Global Bondholder Services Corporation, the tender agent and information agent for the Tender Offer, by calling (855) 654-2015 (toll free) or, for banks and brokers, (212) 430-3774 or by email at contact@gbsc-usa.com. Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following website: https://www.gbsc-usa.com/cnx.The Tender Offer will expire at 5:00 p.m. New York City Time on February 23, 2026, unless extended or earlier terminated (such time and date as the same may be extended, the "Expiration Time"). Tendered Notes may be withdrawn at any time before the Expiration Time. Holders of Notes must validly tender and not validly withdraw their Notes (or comply with the procedures for guaranteed delivery) before the Expiration Time to be eligible to receive the Purchase Price for their Notes.The Tender Offer is conditioned upon the satisfaction of certain conditions, including the completion of a contemporaneous notes offering by CNX (the "new notes offering") on terms and conditions (including, but not limited to, the amount of proceeds raised in such offering) satisfactory to CNX. The Tender Offer is not conditioned upon any minimum amount of Notes being tendered and the Tender Offer may be amended, extended, terminated or withdrawn, subject to applicable law.Concurrently with the commencement of the Tender Offer, CNX issued a conditional notice, pursuant to the indenture governing the Notes, to redeem (the "Redemption") all Notes not purchased in the Tender Offer, at a redemption price of 101.50% of the principal amount thereof, plus accrued and unpaid interest, if any, to the redemption date of March 19, 2026 (the "redemption date"). The Redemption is conditioned on the closing of CNX's new notes offering and its receipt of net proceeds from such offering, and there can be no assurance the Redemption will be completed. The Redemption may be terminated and the redemption notice may be rescinded in the event such conditions shall not have been satisfied by the redemption date.CNX has retained Wells Fargo Securities, LLC to serve as the Dealer Manager for the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to Wells Fargo Securities, LLC, Liability Management Group, at (866) 309-6316 (U.S. toll free) or (704) 410-4235 (collect).CNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 161-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index.Cautionary Statements:This press release does not constitute an offer to purchase or the solicitation of an offer to sell any Notes in the Tender Offer nor does it constitute a notice of redemption under the indenture governing the 2029 Notes. In addition, this press release is not an offer to sell or the solicitation of an offer to buy any securities issued in connection with any contemporaneous notes offering, nor shall there be any sale of the securities issued in such offering in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.Various statements in this release, including those that express a belief, expectation or intention, may be considered forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects and our future production, revenues, income and capital spending. When we use the words "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," "will," or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, including those relating to the offer, the new notes offering and the Redemption, speak only as of the date of this press release; we disclaim any obligation to update these statements. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks, contingencies and uncertainties relate to, among other matters, the factors discussed in our 2025 Annual Report on Form 10-K under "Risk Factors," which is on file at the U.S. Securities and Exchange Commission.
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Original: CNX Resources Corporation Announces Tender Offer for its 6.000% Senior Notes due 2029