CNX Resources Files 2023 10-K, Details Energy Operations
Ticker: CNX · Form: 10-K · Filed: 2024-02-08T00:00:00.000Z
Sentiment: neutral
Topics: earnings, energy, natural-gas, oil
TL;DR
**CNX Resources just dropped its 2023 10-K, giving us the full picture of their oil and gas game.**
AI Summary
CNX Resources Corp (CNX) filed its 10-K for the fiscal year ending December 31, 2023, on February 8, 2024. The filing details their operations in crude petroleum and natural gas, including oil and gas services, purchases, and natural gas gathering, transportation, marketing, and processing. This matters to investors because it provides a comprehensive overview of the company's financial performance and operational activities for the past year, which is crucial for evaluating its health and future prospects in the energy sector.
Why It Matters
This filing offers a deep dive into CNX Resources' financial health and operational specifics for 2023, essential for investors to assess its performance and future potential.
Risk Assessment
Risk Level: medium — The natural gas and crude petroleum industry is subject to significant price volatility and regulatory changes, posing inherent risks.
Analyst Insight
Investors should review the detailed financial statements within the 10-K to understand CNX Resources Corp's revenue, expenses, and profitability for 2023, paying close attention to trends in oil and gas service, purchased oil and gas, and natural gas gathering, transportation, marketing, and processing segments.
Key Numbers
- 2023-12-31 — Fiscal Year End (The end date for the financial period covered by this 10-K filing.)
- 001-14901 — SEC File Number (Unique identifier for CNX Resources Corp's filings with the SEC.)
- 1070412 — Central Index Key (CIK) (The unique identifier for CNX Resources Corp in the SEC's EDGAR system.)
- 15317 — ZIP Code (Part of CNX Resources Corp's business and mail address.)
- 724-485-4000 — Business Phone (Contact number for CNX Resources Corp.)
Key Players & Entities
- CNX Resources Corp (company) — the filer of the 10-K
- 0001070412 (dollar_amount) — Central Index Key (CIK) for CNX Resources Corp
- 20231231 (date) — Conformed Period of Report end date
- 20240208 (date) — Filed As Of Date
- 154 (dollar_amount) — Public Document Count
Forward-Looking Statements
- CNX Resources Corp will continue to focus on crude petroleum and natural gas operations. (CNX Resources Corp) — high confidence, target: 2024-12-31
FAQ
What is the primary business classification of CNX Resources Corp according to this filing?
According to the filing, CNX Resources Corp's Standard Industrial Classification is 'CRUDE PETROLEUM & NATURAL GAS [1311]'.
When was the Conformed Period of Report for this 10-K filing?
The Conformed Period of Report for this 10-K filing ended on 20231231.
What was the company's name before it became CNX Resources Corp, and when did the last name change occur?
The company's former conformed name was CONSOL Energy Inc, and the last date of name change was 20090303.
What is the business address for CNX Resources Corp as stated in the filing?
The business address for CNX Resources Corp is CNX CENTER, 1000 CONSOL ENERGY DRIVE, CANONSBURG, PA, ZIP 15317.
What is the SEC file number for CNX Resources Corp?
The SEC file number for CNX Resources Corp is 001-14901.
From the Filing
0001070412-24-000015.txt : 20240208 0001070412-24-000015.hdr.sgml : 20240208 20240208163403 ACCESSION NUMBER: 0001070412-24-000015 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 154 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNX Resources Corp CENTRAL INDEX KEY: 0001070412 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 510337383 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14901 FILM NUMBER: 24609611 BUSINESS ADDRESS: STREET 1: CNX CENTER STREET 2: 1000 CONSOL ENERGY DRIVE CITY: CANONSBURG STATE: PA ZIP: 15317 BUSINESS PHONE: 724-485-4000 MAIL ADDRESS: STREET 1: CNX CENTER STREET 2: 1000 CONSOL ENERGY DRIVE CITY: CANONSBURG STATE: PA ZIP: 15317 FORMER COMPANY: FORMER CONFORMED NAME: CONSOL Energy Inc DATE OF NAME CHANGE: 20090303 FORMER COMPANY: FORMER CONFORMED NAME: CONSOL ENERGY INC DATE OF NAME CHANGE: 19980915 10-K 1 cnx-20231231.htm 10-K cnx-20231231 false 2023 FY 0001070412 true 1 1 http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet 0 0001070412 2023-01-01 2023-12-31 0001070412 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001070412 cnx:PreferredSharePurchaseRightsMember 2023-01-01 2023-12-31 0001070412 2023-06-30 iso4217:USD 0001070412 2024-02-06 xbrli:shares 0001070412 us-gaap:OilAndGasServiceMember 2023-01-01 2023-12-31 0001070412 us-gaap:OilAndGasServiceMember 2022-01-01 2022-12-31 0001070412 us-gaap:OilAndGasServiceMember 2021-01-01 2021-12-31 0001070412 2022-01-01 2022-12-31 0001070412 2021-01-01 2021-12-31 0001070412 us-gaap:OilAndGasPurchasedMember 2023-01-01 2023-12-31 0001070412 us-gaap:OilAndGasPurchasedMember 2022-01-01 2022-12-31 0001070412 us-gaap:OilAndGasPurchasedMember 2021-01-01 2021-12-31 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-01-01 2023-12-31 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2022-01-01 2022-12-31 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2021-01-01 2021-12-31 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2023-01-01 2023-12-31 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2022-01-01 2022-12-31 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2023-01-01 2023-12-31 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2022-01-01 2022-12-31 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2021-01-01 2021-12-31 0001070412 2023-12-31 0001070412 2022-12-31 0001070412 us-gaap:CommonStockMember 2020-12-31 0001070412 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001070412 us-gaap:RetainedEarningsMember 2020-12-31 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001070412 2020-12-31 0001070412 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001070412 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001070412 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001070412 us-gaap:CommonStockMember 2021-12-31 0001070412 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001070412 us-gaap:RetainedEarningsMember 2021-12-31 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001070412 2021-12-31 0001070412 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001070412 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001070412 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001070412 us-gaap:AdditionalPaidInCapitalMember srt:CumulativeEffectPeriodOfA