$CNX (CONSOL Energy Inc.)

$CNX {{ '2016-01-29T13:05:11+0000' | timeago}} • Announcement

Energy company $CNX posted 4Q15 net income of $30MM, or $0.13 per diluted share vs. $74MM, or $0.32 per diluted in 4Q14. Adjusted net loss $26MM, or $0.11 loss per share during the quarter. Total revenue and other income decreased to $761.93MM vs. $935.66MM in 4Q14, hurt by lower coal sales during the quarter.

$CNX {{ '2017-09-05T13:02:32+0000' | timeago}} • Announcement

$CNX's BoD has approved a one-year share repurchase program of up to $200MM. The Board will continue to evaluate the size of the stock repurchase program based on the company's free cash flow position, leverage ratio, and capital plans.

$CNX {{ '2017-09-05T13:01:23+0000' | timeago}} • Announcement

$CNX now expects 2017 adjusted EBITDA guidance to be about $815MM, which is a decrease of $55MM from the previously stated guidance. The company expects total consolidated coal capital expenditures to decrease to $112-120MM, which is a reduction from the prior guidance of $120-136MM.

$CNX {{ '2017-09-05T12:56:36+0000' | timeago}} • Announcement

$CNX lowered its 2017 E&P Division production guidance to about 405-415 Bcfe from 420-440 Bcfe. The decrease in 2017 production volumes is due to larger ceramic completion designs increasing cycle times, operational issues, and a tightening in the availability of field services.

$CNX {{ '2017-09-05T12:54:51+0000' | timeago}} • Announcement

$CNX lowered its 2017 E&P Division production guidance to about 405-415 Bcfe from 420-440 Bcfe. For 3Q17, the company expects production of about 100 Bcfe, which implies higher growth in 4Q, driven in part by the well turn-in-line (TIL) schedule peaking in November. $CNX maintained 2017 total E&P capital expenditures forecast of about $620-645MM.

$CNX {{ '2017-07-11T12:11:54+0000' | timeago}} • Announcement

$CNX announced the filing of a registration statement on Form 10 with the U.S. Securities and Exchange Commission towards the plan to separate $CNX into two publicly-traded companies; a coal company and a natural gas exploration and production company. The company expects to complete the separation as early as 2017.

$NBL {{ '2016-11-16T13:17:44+0000' | timeago}} • Announcement

$NBL and $CNX said CONE Gathering LLC, which is jointly owned by the companies, has entered into a definitive agreement to contribute its remaining 25% ownership interest in CONE Midstream DevCo I LP to $CNNX for a total valuation of $248MM. Upon closing, each company will receive $70MM in cash and approx. 2.6MM limited partnership units of $CNNX.

$CNX {{ '2016-10-31T15:28:22+0000' | timeago}} • Announcement

$CNX and $NBL agreed to separate their Marcellus Shale 50-50 Joint Venture. The JV was formed in 2011 for the exploration, development, and operation of primarily Marcellus Shale properties in Pennsylvania and West Virginia. $NBL will also remit a cash payment of about $205MM to $CNX at closing, as part of the deal.

$CNXC {{ '2016-10-03T12:21:15+0000' | timeago}} • Announcement

$CNXC and $CNX announced that the former has acquired an additional 5% undivided interest in the Pennsylvania Mining Complex (PAMC) and associated infrastructure from $CNX for $88.8MM. The transaction is effective Sept. 30, 2016. The acquisition increased $CNXC's undivided interest in the PAMC to 25%.

$NBL {{ '2016-08-03T18:08:16+0000' | timeago}} • Webcast

$NBL's production in Marcellus remains above expectations despite the limited capital spend. The $CNX JV continues to benefit from shared infrastructure to optimize recycling of produced water, significantly reducing OpEx. $NBL intends to operate the JV within cash flow in 2016 & will continue to be flexible with activities for the rest of 2016.

$CNX {{ '2016-04-07T22:54:27+0000' | timeago}} • Announcement

Pittsburgh-based energy producer $CNX said that James Grech, Executive Vice President and Chief Commercial Officer, has retired. As part of the corporate reorganization, no successor is to be appointed for James.

$CNX {{ '2016-04-01T11:13:28+0000' | timeago}} • Announcement

Diversified energy producer $CNX said it closed on its previously announced agreement to sell the Buchanan Mine in southwestern Virginia and certain other metallurgical coal reserves to Coronado IV LLC. The total consideration to the company was $420MM in value, including $402.8MM cash paid at the closing.

$CNX {{ '2016-03-14T19:36:41+0000' | timeago}} • SEC

During 2015, $CNX received $952MM of proceeds from senior secured credit facility versus payments on short-term borrowings of $12MM in 2014. Company repurchased $72MM of its common stock under its repurchase program. In 2015, $CNX paid four quarterly dividends totaling $33MM at $0.145 per share.

$CNX {{ '2016-03-14T19:34:55+0000' | timeago}} • SEC

For 2015, $CNX reported cash flow from operating activities of $506MM. Net cash used in investing activities fell to $996MM, helped by CapEx reduction of $471MM and fall in proceeds from the sale of assets of $247MM. As of Dec. 31, 2015, $CNX had total long-term debt and capital lease obligations of $2.78Bil outstanding.

$CNX {{ '2016-03-14T19:24:47+0000' | timeago}} • SEC

As of Dec. 31, 2015, $CNX's net producing wells were 12,863 and total net acres were 4,253,576. In 2015, total average production rose 39% to 900,430 Mcfe per day. For 2015, total gas production costs fell 17.5% to $2.73 per Mcfe. The company expects 2016 annual gas production to grow by approx. 15% when compared to 2015.

$CNX {{ '2016-02-29T12:42:42+0000' | timeago}} • Announcement

$CNX said it agreed to sell Buchanan Mine in southwestern Virginia & certain other metallurgical coal reserves to Coronado IV LLC for total consideration of $420MM, including $398MM cash payable at closing. The deal is not subject to financing condition and is being funded by Energy & Minerals Group (EMG). EMG has about $16.5Bil of regulatory AUM.

$CNX {{ '2016-02-08T12:04:53+0000' | timeago}} • Announcement

$CNX said it nominated Bernard Lanigan, Jr., Joseph Platt and Edwin Roberson to its BoD for election at its annual meeting of shareholders scheduled for May 11, 2016. The other nominees include eight current members of the Board. The company also said it elected William Thorndike, Jr. as Chairman of the Board effective immediately.

$CNX {{ '2016-02-05T17:10:43+0000' | timeago}} • Announcement

Energy company $CNX said that during 2015, it added 934 Bcfe of proved reserves through extensions and discoveries. As of Dec. 31, 2015, total proved reserves were 5.6 Tcfe, which included 583 Bcfe, or 10.3%, of oil, condensate, and liquids. $CNX replaced 284% of its 2015 production, which amounted to 329 Bcfe (net to CONSOL).

$CNX {{ '2016-02-01T12:53:19+0000' | timeago}} • Announcement

Pittsburgh-based coal producer $CNX said its BoD declared a regular quarterly dividend of $0.01 per share, payable on March 3, 2016, to shareholders of record on February 16, 2016.

$CNX {{ '2016-01-29T17:12:55+0000' | timeago}} • Webcast

$CNX's E&P Division finished 4Q15 with record production of 95.5 Bcfe and average daily volumes now track above 1 Bcf per day. The combination of a small uplift in prices and cost reductions improved margins by about $0.51 per Mcfe sequentially. The company realized $2.78 per Mcfe, which benefits from hedge position and uptick in liquids prices.

$CNX {{ '2016-01-29T17:08:39+0000' | timeago}} • Webcast

$CNX said that 4Q15 adjusted EBITDA attributable to $CNX shareholders was $206MM, cash flow from operations of $102MM and adjusted net loss of $26MM or $0.11 loss per share. The company received benefit of approx. $110MM resulting from recent retiree medical plan amendments. This resulted in lower operating and core costs.

Recent Transcripts

NUE (Nucor Corporation)
Thursday, October 19 2017 - 6:00pm
EPM (Evolution Petroleum Corp.)
Thursday, September 7 2017 - 3:00pm
BBL (BHP Billiton plc)
Monday, August 21 2017 - 11:00pm
FELP (Foresight Energy LP)
Friday, August 11 2017 - 6:30pm
HNRG (Hallador Energy Company)
Wednesday, August 9 2017 - 6:00pm
NOG (Northern Oil and Gas, Inc.)
Wednesday, August 9 2017 - 2:00pm
NRP (Natural Resource Partners LP)
Tuesday, August 8 2017 - 2:00pm
EGN (Energen Corp.)
Tuesday, August 8 2017 - 12:30pm
GTE (Gran Tierra Energy, Inc.)
Friday, August 4 2017 - 3:00pm
GST (Gastar Exploration Inc.)
Friday, August 4 2017 - 1:00pm
WLB (Westmoreland Coal Co.)
Thursday, August 3 2017 - 2:00pm
RRC (Range Resources Corporation)
Wednesday, August 2 2017 - 1:00pm
BTU (Peabody Energy Corporation)
Tuesday, August 1 2017 - 3:00pm
CNX (CONSOL Energy Inc.)
Tuesday, August 1 2017 - 2:00pm
COG (Cabot Oil & Gas Corporation)
Friday, July 28 2017 - 1:30pm
CMS (CMS Energy Corp.)
Friday, July 28 2017 - 12:30pm
CLD (Cloud Peak Energy Inc.)
Thursday, July 27 2017 - 9:00pm
ABX (Barrick Gold Corporation)
Thursday, July 27 2017 - 12:00pm
NUE (Nucor Corporation)
Thursday, July 20 2017 - 6:00pm
WLB (Westmoreland Coal Co.)
Monday, May 15 2017 - 2:00pm

AlphaGraphics you may like