CNX Resources Enters Material Financial Agreement

Ticker: CNX · Form: 8-K · Filed: 2024-02-23T00:00:00.000Z

Sentiment: neutral

Topics: debt, material-agreement, financial-obligation

TL;DR

**CNX Resources just took on new debt, watch for details on its impact!**

AI Summary

CNX Resources Corporation entered into a material definitive agreement on February 23, 2024, related to the creation of a direct financial obligation. This 8-K filing also includes Regulation FD Disclosure and Financial Statements and Exhibits. The company, with CIK 0001070412, is headquartered in Canonsburg, PA, and operates in the crude petroleum & natural gas industry.

Why It Matters

This filing indicates CNX Resources has taken on a new financial obligation, which could impact its balance sheet and future financial performance.

Risk Assessment

Risk Level: medium — The creation of a direct financial obligation introduces new liabilities and potential interest expenses for the company.

Key Players & Entities

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on February 23, 2024.

What type of agreement did CNX Resources Corporation enter into?

CNX Resources Corporation entered into a Material Definitive Agreement.

What is the primary industry of CNX Resources Corporation?

CNX Resources Corporation's primary industry is Crude Petroleum & Natural Gas (SIC 1311).

What items were disclosed in this 8-K filing?

The 8-K filing disclosed Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Regulation FD Disclosure, and Financial Statements and Exhibits.

Where is CNX Resources Corporation's business address?

CNX Resources Corporation's business address is CNX Center, 1000 Consol Energy Drive, Canonsburg, PA 15317.

From the Filing

0001193125-24-044538.txt : 20240223 0001193125-24-044538.hdr.sgml : 20240223 20240223162317 ACCESSION NUMBER: 0001193125-24-044538 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240223 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14901 FILM NUMBER: 24671558 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 8-K 1 d766231d8k.htm 8-K 8-K CNX Resources Corp false 0001070412 0001070412 2024-02-23 2024-02-23 0001070412 us-gaap:CommonStockMember 2024-02-23 2024-02-23 0001070412 cnx:PreferredSharePurchaseRightsMember 2024-02-23 2024-02-23     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 23, 2024     CNX Resources Corporation (Exact name of registrant as specified in its charter)       Delaware   001-14901   51-0337383 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) CNX Center 1000 CONSOL Energy Drive Suite 400 Canonsburg , Pennsylvania 15317 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code: (724) 485-4000 Not applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol   Name of each exchange on which registered Common Stock ($.01 par value)   CNX   New York Stock Exchange Preferred Share Purchase Rights   —    New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act .   ☐   &

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