CNX Resources Corp

CNX Resources Corporation (NYSE: CNX) is a premier independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. The company's website is www.cnxresources.com.

CNX operates primarily in unconventional shale formations, with the majority of its operations focused on the Marcellus Shale and Utica Shale plays in Pennsylvania, Ohio, and West Virginia. The company also develops coalbed methane properties in Virginia and holds rights to extract natural gas from other shale and shallow oil and gas formations across multiple states. As of December 31, 2025, CNX held approximately 557,000 net Marcellus Shale acres, 612,000 net Utica Shale acres, and 283,000 net coalbed methane acres in Virginia, along with approximately 946,000 net acres in other gas formations.

The company operates through three reportable segments: Shale, Coalbed Methane, and Other Gas. The Shale segment represents the primary operating and growth area, accounting for the vast majority of reserves and production. CNX's proved reserves totaled 9.7 trillion cubic feet equivalent as of year-end 2025, with 89.5 percent natural gas, 72.2 percent proved developed, and 99.1 percent operated.

CNX's midstream operations include ownership and operation of approximately 2,600 miles of natural gas gathering pipelines and multiple natural gas processing facilities. The company designs, builds, and operates gathering systems to move natural gas from wellheads to interstate pipelines and provides water sourcing, delivery, and disposal solutions for its operations and third parties.

In 2025, CNX produced total sales volumes of 629 net billion cubic feet equivalent, comprising 92 percent natural gas and 8 percent liquids. The company employed 390 people as of December 31, 2025, including 44 employees in midstream operations and 54 in coalbed methane operations in Virginia.

CNX maintains a strategic focus on responsible resource development and long-term shareholder value creation. The company benefits from an extensive held-by-production acreage position, regional operating expertise, low-cost operations, and ownership of legacy surface acreage that supports its gathering infrastructure development. CNX actively explores environmental attributes monetization opportunities and pursues proprietary technology commercialization to reduce costs and emissions during natural gas development phases.