Detail akcie CNX Resources WI Rg online

Business Summary: CNX Resources Corporation is an independent low carbon intensity natural gas development, production, midstream and technology company centered in the Appalachian Basin. The majority of its operations are centered on unconventional shale formations, primarily the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, it operates and develops Coalbed Methane (CBM) properties in Virginia. It has rights to extract natural gas from Shale formations in Pennsylvania, West Virginia, and Ohio from approximately 527,000 net Marcellus Shale acres and approximately 607,000 net Utica Shale acres. The Company holds approximately 53,000 acres of incremental Upper Devonian acres. It has rights to extract CBM in Virginia from approximately 278,000 net CBM acres. It extracts CBM natural gas primarily from the Pocahontas #3 seam. It has rights to extract natural gas from other Shale and shallow oil and gas formations, primarily in Illinois, Indiana, New York, and others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, CNX Resources Corp revenues decreased 64% to $1.38B. Net income totaled $1.72B vs. loss of $142.1M. Revenues reflect Shale segment decrease of 20% to $1.39B, Natural Gas Production (CF)-Shale decrease of 5% to 473.83B cubic feet, Oil Equivalent Production (Units/day) decrease of 3% to 256K barrels per day. Net Income reflects Exploration Costs decrease of 37% to $4.3M.