CNX Resources Q2 2024: $1.5B Revenue

Ticker: CNX · Form: 10-Q · Filed: 2024-07-25T00:00:00.000Z

Sentiment: neutral

Topics: oil-and-gas, earnings, financials

TL;DR

**CNX Resources Q2 2024: $1.5B revenue, natural gas focus.**

AI Summary

CNX Resources Corp. reported its Q2 2024 results, with total revenues for the six months ended June 30, 2024, reaching $1.5 billion. The company's operations in crude petroleum and natural gas are detailed, with specific financial data for the periods ending June 30, 2024, and June 30, 2023, available in the filing.

Why It Matters

This filing provides insight into CNX Resources' financial performance in the crucial natural gas sector, impacting energy markets and investor confidence.

Risk Assessment

Risk Level: medium — The company operates in the volatile oil and gas industry, subject to price fluctuations and regulatory changes.

Key Numbers

$1.5B — Total Revenues (For the six months ended June 30, 2024.)
2024-06-30 — Reporting Period End Date (Indicates the end of the fiscal quarter and year-to-date period.)
2023-06-30 — Prior Year Period End Date (For comparative financial analysis.)

Key Players & Entities

CNX Resources Corp. (company) — Filer of the 10-Q report.
10-Q (document) — Type of SEC filing.
June 30, 2024 (date) — End of the reporting period.
$1.5 billion (dollar_amount) — Total revenues for the six months ended June 30, 2024.

FAQ

What were CNX Resources' total revenues for the six months ended June 30, 2024?

Total revenues for the six months ended June 30, 2024, were $1.5 billion.

What is the Standard Industrial Classification for CNX Resources Corp.?

The SIC code is 1311, for Crude Petroleum & Natural Gas.

What is the filing date of this 10-Q report?

The filing date is July 25, 2024.

What is the fiscal year end for CNX Resources Corp.?

The fiscal year ends on December 31.

What is the business address of CNX Resources Corp.?

The business address is CNX Center, 1000 Consol Energy Drive, Canonsburg, PA 15317.

From the Filing

0001070412-24-000039.txt : 20240725 0001070412-24-000039.hdr.sgml : 20240725 20240725110538 ACCESSION NUMBER: 0001070412-24-000039 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 91 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-14901 FILM NUMBER: 241140470 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-Q 1 cnx-20240630.htm 10-Q cnx-20240630 false 2024 Q2 true 12/31 0001070412 1 1 0.0778816 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure cnx:day cnx:retiree utr:Mcf utr:MBbls cnx:segment 0001070412 2024-01-01 2024-06-30 0001070412 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0001070412 cnx:PreferredSharePurchaseRightsMember 2024-01-01 2024-06-30 0001070412 2024-07-12 0001070412 us-gaap:OilAndGasServiceMember 2024-04-01 2024-06-30 0001070412 us-gaap:OilAndGasServiceMember 2023-04-01 2023-06-30 0001070412 us-gaap:OilAndGasServiceMember 2024-01-01 2024-06-30 0001070412 us-gaap:OilAndGasServiceMember 2023-01-01 2023-06-30 0001070412 2024-04-01 2024-06-30 0001070412 2023-04-01 2023-06-30 0001070412 2023-01-01 2023-06-30 0001070412 us-gaap:OilAndGasPurchasedMember 2024-04-01 2024-06-30 0001070412 us-gaap:OilAndGasPurchasedMember 2023-04-01 2023-06-30 0001070412 us-gaap:OilAndGasPurchasedMember 2024-01-01 2024-06-30 0001070412 us-gaap:OilAndGasPurchasedMember 2023-01-01 2023-06-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2024-04-01 2024-06-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-04-01 2023-06-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2024-01-01 2024-06-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-01-01 2023-06-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2024-04-01 2024-06-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2023-04-01 2023-06-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2024-01-01 2024-06-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2023-01-01 2023-06-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2024-04-01 2024-06-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2023-04-01 2023-06-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2024-01-01 2024-06-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2023-01-01 2023-06-30 0001070412 2024-06-30 0001070412 2023-12-31 0001070412 us-gaap:CommonStockMember 2024-03-31 0001070412 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001070412 us-gaap:RetainedEarningsMember 2024-03-31 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001070412 2024-03-31 0001070412 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001070412 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001070412 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001070412 us-gaap:CommonStockMember 2024-06-30 0001070412 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001070412 us-gaap:RetainedEarningsMember 2024-06-30 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001