CNX Resources Files Q3 2024 10-Q

Ticker: CNX · Form: 10-Q · Filed: 2024-10-24T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, oil-and-gas, financials, reporting

TL;DR

CNX Resources Q3 2024 10-Q is in. Check financials.

AI Summary

CNX Resources Corp. filed its 10-Q for the period ending September 30, 2024. The filing covers the third quarter of 2024 and provides financial details for the company's operations in crude petroleum and natural gas. Key financial data and operational metrics for the periods ending September 30, 2024, and September 30, 2023, are detailed within the report.

Why It Matters

This filing provides investors and analysts with the latest financial performance and operational data for CNX Resources, crucial for understanding the company's standing in the natural gas sector.

Risk Assessment

Risk Level: medium — As a natural gas producer, CNX Resources is subject to commodity price volatility and regulatory changes, which inherently carry medium risk.

Key Numbers

2024 Q3 — Reporting Period (Covers the third quarter of 2024)
2024-09-30 — Fiscal Year End (End of the reporting period for the 10-Q)
2024-01-01 to 2024-09-30 — Year-to-Date Period (Financial data for the first nine months of 2024)
2023-01-01 to 2023-09-30 — Prior Year Period (Comparative financial data for the first nine months of 2023)

Key Players & Entities

CNX Resources Corp (company) — Filer of the 10-Q
20240930 (date) — End of the reporting period
20241024 (date) — Filing date
Canonsburg, PA (location) — Company headquarters
CONSOL Energy Inc (company) — Former company name

FAQ

What is the primary business of CNX Resources Corp?

CNX Resources Corp. is primarily involved in the crude petroleum and natural gas industry, as indicated by its SIC code [1311].

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

This 10-Q report was filed on October 24, 2024.

For which period is this 10-Q report filed?

This 10-Q report is filed for the period ending September 30, 2024.

What were the previous names of CNX Resources Corp?

CNX Resources Corp. was formerly known as CONSOL Energy Inc, with name changes noted on March 3, 2009, and September 15, 1998.

Where is CNX Resources Corp. headquartered?

CNX Resources Corp. is headquartered at CNX Center, 1000 Horizon Vue Drive, Canonsburg, PA 15317.

From the Filing

0001070412-24-000061.txt : 20241024 0001070412-24-000061.hdr.sgml : 20241024 20241024112840 ACCESSION NUMBER: 0001070412-24-000061 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 91 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 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: 241391302 BUSINESS ADDRESS: STREET 1: CNX CENTER STREET 2: 1000 HORIZON VUE DRIVE CITY: CANONSBURG STATE: PA ZIP: 15317 BUSINESS PHONE: 724-485-4000 MAIL ADDRESS: STREET 1: CNX CENTER STREET 2: 1000 HORIZON VUE 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-20240930.htm 10-Q cnx-20240930 false 2024 Q3 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 2024-09-30 0001070412 us-gaap:CommonStockMember 2024-01-01 2024-09-30 0001070412 cnx:PreferredSharePurchaseRightsMember 2024-01-01 2024-09-30 0001070412 2024-10-09 0001070412 us-gaap:OilAndGasServiceMember 2024-07-01 2024-09-30 0001070412 us-gaap:OilAndGasServiceMember 2023-07-01 2023-09-30 0001070412 us-gaap:OilAndGasServiceMember 2024-01-01 2024-09-30 0001070412 us-gaap:OilAndGasServiceMember 2023-01-01 2023-09-30 0001070412 2024-07-01 2024-09-30 0001070412 2023-07-01 2023-09-30 0001070412 2023-01-01 2023-09-30 0001070412 us-gaap:OilAndGasPurchasedMember 2024-07-01 2024-09-30 0001070412 us-gaap:OilAndGasPurchasedMember 2023-07-01 2023-09-30 0001070412 us-gaap:OilAndGasPurchasedMember 2024-01-01 2024-09-30 0001070412 us-gaap:OilAndGasPurchasedMember 2023-01-01 2023-09-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2024-07-01 2024-09-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-07-01 2023-09-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2024-01-01 2024-09-30 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-01-01 2023-09-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2024-07-01 2024-09-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2023-07-01 2023-09-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2024-01-01 2024-09-30 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2023-01-01 2023-09-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2024-07-01 2024-09-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2023-07-01 2023-09-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2024-01-01 2024-09-30 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2023-01-01 2023-09-30 0001070412 2024-09-30 0001070412 2023-12-31 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 0001070412 2024-06-30 0001070412 us-gaap:RetainedEarningsMember 2024-07-01 2024-09-30 0001070412 us-gaap:CommonStockMember 2024-07-01 2024-09-30 0001070412 us-gaap:AdditionalPaidInCapitalMember 2024-07-01 2024-09-30 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-01 2024-09-30 0001070412 us-gaap:CommonStockMember 2024-09-30 0001070412 us-gaap:AdditionalPaidInCapitalMember 2024-09-30 0001070412 us-gaap:RetainedEarningsMember 2024-09-30 0001070412 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-09-30 00010704