CNX Announces Operational and Guidance Update
CNX Resources(CNX) Prnewswire·2024-03-12 10:45
PITTSBURGH, March 12, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today announced an operational and guidance update. In response to the continued lower outlook for near term natural gas prices, the company will delay completions activities on three upcoming Marcellus Shale pads consisting of 11 wells to avoid bringing incremental volumes into the current oversupplied market. As a result of these changes to the operational plan, the company now expects the following ...