CNX Resources Files 2024 10-K

Ticker: CNX · Form: 10-K · Filed: 2025-02-11T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, oil-and-gas, annual-report

TL;DR

CNX Resources dropped its 2024 10-K. All systems go for natural gas.

AI Summary

CNX Resources Corp. filed its 2024 10-K on February 11, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly CONSOL Energy Inc., is based in Canonsburg, PA, and operates in the crude petroleum and natural gas sector. Key financial data and operational metrics for 2024, 2023, and 2022 are detailed within the filing.

Why It Matters

This filing provides investors and analysts with a comprehensive overview of CNX Resources' financial performance and operational status for the fiscal year 2024, crucial for understanding the company's current standing and future prospects in the energy market.

Risk Assessment

Risk Level: medium — The oil and gas industry is subject to significant price volatility and regulatory changes, posing inherent risks to companies like CNX Resources.

Key Numbers

2024 — Fiscal Year End (The primary reporting period for the 10-K filing.)
2023 — Prior Fiscal Year (Comparative financial data is typically included.)
2022 — Earlier Fiscal Year (Provides a longer-term view of performance trends.)

Key Players & Entities

CNX Resources Corp. (company) — Filer of the 10-K
CONSOL Energy Inc. (company) — Former name of CNX Resources Corp.
February 11, 2025 (date) — Filing date of the 10-K
December 31, 2024 (date) — Fiscal year end for the reported period
Canonsburg, PA (location) — Company headquarters

FAQ

What is the primary business of CNX Resources Corp. as indicated in the filing?

CNX Resources Corp. operates in the Crude Petroleum & Natural Gas sector, as indicated by its SIC code [1311].

When was this 10-K filing submitted to the SEC?

The 10-K filing was submitted on February 11, 2025.

What is the fiscal year end date for the period covered by this report?

The fiscal year end date for the period covered by this report is December 31, 2024.

What was CNX Resources Corp. formerly known as?

CNX Resources Corp. was formerly known as CONSOL Energy Inc.

Where is CNX Resources Corp. headquartered?

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

From the Filing

0001070412-25-000049.txt : 20250211 0001070412-25-000049.hdr.sgml : 20250211 20250211131148 ACCESSION NUMBER: 0001070412-25-000049 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 165 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250211 DATE AS OF CHANGE: 20250211 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: 25608782 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-K 1 cnx-20241231.htm 10-K cnx-20241231 FALSE 2024 FY true 0001070412 1 1 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet P10Y 0 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure cnx:day cnx:employeePopulation utr:Mcf utr:MBbls cnx:division cnx:segment utr:Mcfe cnx:dollarsPerMcfe cnx:well utr:acre utr:bbl cnx:usd_per_mcf cnx:usd_per_bbl 0001070412 2024-01-01 2024-12-31 0001070412 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001070412 cnx:PreferredSharePurchaseRightsMember 2024-01-01 2024-12-31 0001070412 2024-06-28 0001070412 2025-02-04 0001070412 us-gaap:OilAndGasServiceMember 2024-01-01 2024-12-31 0001070412 us-gaap:OilAndGasServiceMember 2023-01-01 2023-12-31 0001070412 us-gaap:OilAndGasServiceMember 2022-01-01 2022-12-31 0001070412 2023-01-01 2023-12-31 0001070412 2022-01-01 2022-12-31 0001070412 us-gaap:OilAndGasPurchasedMember 2024-01-01 2024-12-31 0001070412 us-gaap:OilAndGasPurchasedMember 2023-01-01 2023-12-31 0001070412 us-gaap:OilAndGasPurchasedMember 2022-01-01 2022-12-31 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2024-01-01 2024-12-31 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2023-01-01 2023-12-31 0001070412 us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember 2022-01-01 2022-12-31 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2024-01-01 2024-12-31 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2023-01-01 2023-12-31 0001070412 us-gaap:OilAndGasExplorationAndProductionMember 2022-01-01 2022-12-31 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2024-01-01 2024-12-31 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2023-01-01 2023-12-31 0001070412 cnx:AdjustmentForActuariallyDeterminedLiabilitiesMember 2022-01-01 2022-12-31 0001070412 2024-12-31 0001070412 2023-12-31 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 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001070412 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:RetainedEarningsMember 2021-12-31 0001070412 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2021-12-31 0001070412 us-gaap:CommonStockMember 2022-12-31 0001070412 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001070412 us-gaap:RetainedEarningsM