26 Feb 2026debt financing▲ Good
CNX completed the $500 million offering of 5.875% senior notes due 2034.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Feb 2026material agreement▲ Good
CNX agreed to a private offering of $500 million of 5.875% senior notes due 2034, priced at par. It planned to use the proceeds to buy back or redeem its 6.000% senior notes due 2029.
17 Dec 2025capital raising announcement● Neutral
CNX confirmed that the December 15, 2025 exchange was completed on December 17, 2025. About $122.1 million of the 2.25% convertible notes were exchanged for 9,509,188 shares of common stock and about $0.8 million in cash (including accrued interest). The terms are unchanged from the earlier filing, so this simply finishes that deal.
16 Dec 2025capital raising announcement● NeutralMajor
On December 15, 2025, CNX agreed with a small group of holders of its 2.25% convertible notes due 2026 to swap about $122.1 million of the notes for 9,509,188 new shares plus about $0.8 million in cash (including accrued interest). This retires part of the convertible debt issued in 2020 ahead of its May 2026 maturity, and it adds new shares for existing shareholders to share the company with. The deal was expected to close around December 17, 2025.
21 Jan 2025debt financing▲ GoodMajor
CNX closed the $200 million add-on notes offering at 100.5% of par, with proceeds set to help fund the pending Apex Energy acquisition and pay down revolver borrowings ahead of that deal's closing.
14 Jan 2025material agreement▲ GoodMajor
CNX agreed to a private add-on offering of $200 million of 7.250% senior notes due 2032, priced at 100.5% of par. Proceeds were earmarked for general corporate purposes, including part of the costs of its pending Apex Energy acquisition, and for paying down revolver borrowings.
17 May 2024debt financing● Neutral
CNX and CNX Midstream again refinanced into new revolving credit facilities - CNX's borrowing base holding at $2.25 billion but elected commitments rising to $1.4 billion, with maturity pushed to 2029.
23 Feb 2024debt financing● Neutral
CNX completed the $400 million offering of 7.250% senior notes due 2032.
14 Feb 2024material agreement● Neutral
CNX agreed to a private offering of $400 million of 7.250% senior notes due 2032.
26 Sept 2022debt financing● Neutral
CNX completed the $500 million offering of 7.375% senior notes due 2031.
13 Sept 2022material agreement● Neutral
CNX agreed to a private offering of $500 million of 7.375% senior notes due 2031, as borrowing costs rose again with the broader 2022 rate environment.
7 Oct 2021debt financing● Neutral
CNX and CNX Midstream both refinanced into new revolving credit facilities - CNX's growing to a $2 billion borrowing base with a 2026 maturity, up from the prior $1.775 billion facility.
22 Sept 2021material agreement▲ Good
CNX Midstream completed the $400 million 4.750% notes offering and used the proceeds to tender for and redeem its 6.500% 2026 notes.
16 Sept 2021material agreement▲ Good
Now wholly owned, CNX Midstream Partners agreed to its own $400 million private offering of 4.750% senior notes due 2030 to refinance its outstanding 6.500% 2026 notes at a lower rate.
30 Nov 2020debt financing▲ Good
CNX closed its private offering of $500 million of 6.00% senior notes due January 15, 2029, issued under an indenture with UMB Bank as trustee. Proceeds were to go to general corporate purposes, including repaying revolving credit facility debt.
25 Nov 2020material agreement▲ Good
CNX agreed to sell $500 million of 6.00% senior notes due 2029 to BofA Securities in a private offering, expected to close on November 30, 2020. It planned to use the proceeds for general corporate purposes, including repaying revolving credit facility debt.
28 Sept 2020business combination▲ GoodMajor
CNX completed its buy-in of CNX Midstream Partners: public common units converted into CNX shares at the agreed 0.88 ratio, and CNX Midstream units were suspended from NYSE trading - ending the MLP structure that began as the CONSOL/Noble Energy CONE Midstream joint venture.
23 Sept 2020debt financing▲ Good
CNX closed the $200 million add-on offering of 7.25% 2027 notes at 103.5% of par, using proceeds to redeem its remaining 5.875% 2022 notes and push out its next debt maturity to 2026.
9 Sept 2020merger communication● Neutral
CNX filed its September 9, 2020 Barclays CEO Energy-Power Conference presentation under Rule 425. It promoted the low-risk 7-year free cash flow plan, targeting over $3 billion of free cash flow and 1.5x leverage by early 2023.
9 Sept 2020material agreement● Neutral
Separately from the midstream merger, CNX agreed to a private offering of an additional $200 million of its 7.25% senior notes due 2027.
8 Sept 2020merger communication● Neutral
CNX raised its 2020 free cash flow guidance to about $350 million from $300 million. It said it would use $104 million of federal tax refunds to pay down its 5.875% 2022 notes, and expected curtailed production to resume on October 1, 2020.
25 Aug 2020business combination● Neutral
Amendment No. 1 set the mechanics of the CNX Midstream buy-in: an August 27, 2020 record date, a written-consent process closing September 25 rather than a meeting, and the counsel's legality opinion the SEC needs before the registration can go effective. It also stated plainly that CNX subsidiaries already held about 51.4% of the limited partner interests, so the majority consent required to approve the merger was in CNX's own hands.
12 Aug 2020business combination● NeutralMajor
Registration statement for CNX buying in the public units of its own midstream affiliate, CNX Midstream Partners, at 0.88 CNX shares per unit - an implied $8.47 a unit on the day before the deal was announced, plus one extra $0.4171 distribution, and better than CNX's opening proposal. The partnership's conflicts committee got its own adviser, Intrepid Partners, but unitholders have no appraisal rights and lose their quarterly distributions once they become CNX shareholders.
31 July 2020merger communication● Neutral
CNX filed another Rule 425 communication regarding the pending CNX Midstream Partners buy-in merger.
30 July 2020merger communication● Neutral
CNX filed another Rule 425 communication regarding the pending CNX Midstream Partners buy-in merger.
28 July 2020merger communication● Neutral
CNX filed another Rule 425 communication regarding the pending CNX Midstream Partners buy-in merger.
27 July 2020merger communication● Neutral
CNX filed a Rule 425 communication to unitholders in connection with its just-announced merger to acquire the rest of CNX Midstream Partners.
27 July 2020merger communication● Neutral
On July 26, 2020, CNX signed an agreement to buy the public units of CNX Midstream Partners, giving 0.88 CNX shares per unit. CNX subsidiaries, which own about 53.1% of the units, agreed to deliver written consent approving the merger.
27 July 2020business combination▲ GoodMajor
CNX agreed to buy in all of the publicly held common units of CNX Midstream Partners it didn't already own, exchanging each for 0.88 shares of CNX stock and taking the midstream MLP fully private as a wholly owned subsidiary.
4 May 2020capital raising announcement● NeutralMajor
CNX sold $300 million of 2.25% convertible senior notes due May 1, 2026, and the buyers took up an extra $45 million option on April 30, 2020, for $345 million in total. The notes can be converted into shares at about $12.84 per share, and the company can settle in cash, shares or a mix. CNX also paid about $35.7 million for capped call contracts meant to reduce dilution up to a cap price of $18.19. This is a new type of funding for CNX, which had previously relied on plain senior notes. The filing's text does not state what the proceeds will be used for beyond paying for the capped calls.