CNX Resources Corp Files 8-K: Material Agreement & Financial Obligation
Ticker: CNX · Form: 8-K · Filed: Jan 21, 2025 · CIK: 1070412
| Field | Detail |
|---|---|
| Company | Cnx Resources Corp (CNX) |
| Form Type | 8-K |
| Filed Date | Jan 21, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 7 min |
| Key Dollar Amounts | $200,000,000, $400,000,000, $2,000, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, regulation-fd
TL;DR
CNX Resources just signed a big deal and took on debt. Watch this space.
AI Summary
On January 21, 2025, CNX Resources Corporation entered into a material definitive agreement and created a direct financial obligation. The filing also includes Regulation FD disclosures and financial statements/exhibits. CNX Resources Corporation, formerly CONSOL Energy Inc., is incorporated in Delaware and operates in the crude petroleum & natural gas sector.
Why It Matters
This 8-K filing indicates a significant new agreement and financial commitment for CNX Resources, which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The filing details a material definitive agreement and a direct financial obligation, suggesting potential changes in the company's financial structure and operational commitments.
Key Players & Entities
- CNX Resources Corporation (company) — Registrant
- CONSOL Energy Inc. (company) — Former company name
- January 21, 2025 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did CNX Resources Corporation enter into?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
What is the nature of the direct financial obligation created by CNX Resources Corporation?
The filing states that CNX Resources Corporation created a direct financial obligation, but the specifics of this obligation are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 21, 2025.
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.
What were CNX Resources Corporation's former names?
CNX Resources Corporation was formerly known as CONSOL Energy Inc., with name changes noted on March 3, 2009, and September 15, 1998.
Filing Stats: 1,648 words · 7 min read · ~5 pages · Grade level 12.8 · Accepted 2025-01-21 16:35:01
Key Financial Figures
- $200,000,000 — vate offering (the "Notes Offering") of $200,000,000 aggregate principal amount of 7.250% se
- $400,000,000 — to which the Company previously issued $400,000,000 aggregate principal amount of its 7.250
- $2,000 — to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in ex
- $1,000 — al to $2,000 or an integral multiple of $1,000 in excess of $2,000) of that holder's N
Filing Documents
- d870198d8k.htm (8-K) — 35KB
- d870198dex991.htm (EX-99.1) — 7KB
- g870198g0121124759823.jpg (GRAPHIC) — 3KB
- 0001193125-25-009581.txt ( ) — 174KB
- cnx-20250121.xsd (EX-101.SCH) — 3KB
- cnx-20250121_lab.xml (EX-101.LAB) — 18KB
- cnx-20250121_pre.xml (EX-101.PRE) — 11KB
- d870198d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits Exhibit Number Description of the Exhibit 4.1 Indenture, dated as of February 23, 2024, among CNX Resources Corporation, the subsidiary guarantors party thereto and UMB Bank, N.A., as Trustee (incorporated by reference to Exhibit 4.1 to CNX Resources Corporation's Current Report on Form 8-K filed on February 23, 2024, File No. 14901). 99.1 Press Release, dated as of January 21, 2025, announcing the closing of the notes offering. 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: January 21, 2025