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CNX Resources Corporation

EnergyUS(United States)

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Business profile

CNX Resources Corporation is a leading independent natural gas and midstream company focused on the acquisition, exploration, development, and production of natural gas properties. The company's operations are primarily concentrated in the prolific Appalachian Basin, with significant assets in Pennsylvania, West Virginia, and Ohio. CNX Resources operates through two main segments: Shale and Coalbed Methane (CBM), extracting and selling pipeline-quality natural gas to wholesale customers. Beyond its upstream production capabilities, CNX has strategically integrated its business by designing, building, and operating an extensive network of natural gas gathering systems. This midstream infrastructure, comprising approximately 2,600 miles of pipelines and various processing facilities, ensures efficient transportation of natural gas from the wellhead to major interstate pipelines and local sales points. Furthermore, the company provides comprehensive water management solutions, offering turn-key services for sourcing, delivery, and disposal of water essential for its natural gas operations, as well as extending these services to third parties. This integrated business model allows CNX to control costs, enhance operational efficiency, and capture value across the entire natural gas production lifecycle.