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An update from CNX Resources ( (CNX) ) is now available.
On January 21, 2025, CNX Resources Corporation announced the completion of a $200 million private offering of 7.250% senior notes due 2032, intended to fund general corporate purposes and transaction costs for a pending acquisition. The offering highlights CNX’s strategic financial management, with the new notes treated as a single class with previously issued notes, and covenants in place to manage company and guarantor indebtedness.
More about CNX Resources
CNX Resources Corporation is a leading natural gas development, production, midstream, and technology company based in Appalachia, known for its ultra-low carbon footprint. With a 160-year legacy and 8.74 trillion cubic feet equivalent of proved natural gas reserves as of December 31, 2023, the company focuses on responsible resource development and value creation for shareholders and communities.
YTD Price Performance: -19.24%
Average Trading Volume: 2,739,723
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.5B
See more insights into CNX stock on TipRanks’ Stock Analysis page.
