CNX Stock - CONSOL Energy Inc.

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CNX Resources Corporation, originally founded in 1860 and headquartered in Canonsburg, Pennsylvania, operates as an independent natural gas and midstream company focused on the Appalachian Basin. The company engages in the acquisition, exploration, development, and production of natural gas properties across Pennsylvania, West Virginia, Ohio, and other regions. CNX operates through two primary segments: Shale and Coalbed Methane (CBM), where it extracts pipeline-quality natural gas primarily for gas wholesalers.

In addition to its extensive natural gas operations, CNX Resources holds extraction rights in various shale formations and shallow oil and gas positions in states such as Illinois, Indiana, New York, and Virginia. The company also owns rights to extract coalbed methane in multiple states including Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. CNX is a leader in natural gas gathering infrastructure, managing approximately 2,600 miles of gathering pipelines and operating several natural gas processing facilities.

Furthermore, CNX Resources provides comprehensive midstream services including the design, construction, and operation of natural gas gathering systems that transport gas from wellheads to interstate pipelines or local sales points. The company also offers integrated solutions for water sourcing, delivery, and disposal, supporting both its own natural gas operations and third-party customers. With a legacy of innovation and sustainability, CNX Resources continues to expand its footprint and leverage advanced technologies to optimize natural gas production and midstream operations in the Appalachian Basin and beyond.

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