CNX Resources Corp Files 8-K: Material Definitive Agreement
Ticker: CNX · Form: 8-K · Filed: May 17, 2024 · CIK: 1070412
| Field | Detail |
|---|---|
| Company | Cnx Resources Corp (CNX) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $2.25 billion, $1.4 billion, $1.35 billion, $600.0 million, $1.4 b |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, sec-filing
TL;DR
CNX Resources just signed a big deal, filing an 8-K. Watch this space.
AI Summary
On May 17, 2024, CNX Resources Corporation entered into a Material Definitive Agreement related to a direct financial obligation. The company, headquartered in Canonsburg, PA, filed this 8-K report with the SEC.
Why It Matters
This filing indicates a significant financial commitment or obligation for CNX Resources, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and direct financial obligations can introduce financial risks and obligations that require careful monitoring.
Key Numbers
- 1311 — SIC Code (Indicates industry classification as Crude Petroleum & Natural Gas)
Key Players & Entities
- CNX Resources Corporation (company) — Registrant
- May 17, 2024 (date) — Date of Report
- Canonsburg, PA (location) — Company Headquarters
- Delaware (location) — State of Incorporation
- 001-14901 (other) — SEC File Number
FAQ
What specific type of Material Definitive Agreement did CNX Resources Corporation enter into?
The filing indicates the entry into a Material Definitive Agreement and the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 17, 2024.
What is CNX Resources Corporation's Standard Industrial Classification (SIC) code?
CNX Resources Corporation's SIC code is 1311, which corresponds to Crude Petroleum & Natural Gas.
Where is CNX Resources Corporation headquartered?
CNX Resources Corporation is headquartered at CNX Center, 1000 Consol Energy Drive, Canonsburg, PA 15317.
What was CNX Resources Corporation's former name?
CNX Resources Corporation was formerly known as CONSOL Energy Inc, with name changes recorded on March 3, 2009, and September 15, 1998.
Filing Stats: 2,538 words · 10 min read · ~8 pages · Grade level 14.7 · Accepted 2024-05-17 16:46:03
Key Financial Figures
- $2.25 billion — secured revolving credit facility has a $2.25 billion borrowing base and $1.4 billion elected
- $1.4 billion — has a $2.25 billion borrowing base and $1.4 billion elected commitments and replaces the Co
- $1.35 billion — had a $2.25 billion borrowing base and $1.35 billion elected commitments, had been entered i
- $600.0 million — ive agent and collateral agent. The new $600.0 million senior secured revolving credit facilit
- $1.4 b — e outstanding principal amount of up to $1.4 billion, including borrowings and letters
- $600 m — e outstanding principal amount of up to $600 million, including borrowings and letters
Filing Documents
- d773002d8k.htm (8-K) — 47KB
- d773002dex101.htm (EX-10.1) — 1273KB
- d773002dex102.htm (EX-10.2) — 1120KB
- 0001193125-24-141817.txt ( ) — 3094KB
- cnx-20240517.xsd (EX-101.SCH) — 4KB
- cnx-20240517_def.xml (EX-101.DEF) — 13KB
- cnx-20240517_lab.xml (EX-101.LAB) — 22KB
- cnx-20240517_pre.xml (EX-101.PRE) — 14KB
- d773002d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of the Exhibit 10.1 Fourth Amended and Restated Credit Agreement, dated as of May 17, 2024, by and among CNX Resources Corporation, the guarantors party thereto from time to time, the lenders party thereto from time to time and PNC Bank, National Association, as administrative agent and collateral agent. 10.2 Second Amended and Restated Credit Agreement, dated as of May 17, 2024, by and among CNX Midstream Partners LP, the guarantors party thereto from time to time, the lenders party thereto from time to time and PNC Bank, National Association, as administrative agent and collateral agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CNX RESOURCES CORPORATION By: /s/ Alan K. Shepard Name: Alan K. Shepard Title: Chief Financial Officer Dated: May 17, 2024