CNX Resources Corp Files 8-K: Material Agreement & Financial Obligation
Ticker: CNX · Form: 8-K · Filed: 2025-01-21T00:00:00.000Z
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.
From the Filing
0001193125-25-009581.txt : 20250121 0001193125-25-009581.hdr.sgml : 20250121 20250121163501 ACCESSION NUMBER: 0001193125-25-009581 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250121 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: 20250121 DATE AS OF CHANGE: 20250121 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: 25542933 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 8-K 1 d870198d8k.htm 8-K 8-K CNX Resources Corp Common Stock ($.01 par value) NYSE false 0001070412 0001070412 2025-01-21 2025-01-21     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): January 21, 2025     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)) 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 .   ☐       Item 1.01 Entry into a Material Definitive Agreement. On January 21, 2025, CNX Resources Corporation (the “Company”) completed a private offering (the “Notes Offering”) of $200,000,000 aggregate principal amount of 7.250% senior notes due 2032 (the “New Notes”), along with the related guarantees of the New Notes (the “Guarantees”). The New Notes were i