Each one in plain English, with the numbers worked through for a shareholder.
24 Feb 2017substantial holder notice● Neutral
Southeastern Asset Management, Inc. I.D. No, Longleaf Partners Fund I.D. No, Longleaf Partners Small-Cap Fund I.D. No, O. Mason Hawkins I.D. No. XXX-XX-XXXX reported a CNX Resources Corp shareholding of 49,973,415 shares (21.80% of votes) in a periodic institutional filing.
Greenlight Capital, Inc, DME Advisors, LP, DME Capital Management, LP, DME Advisors GP, LLC, David Einhorn reported a CNX Resources Corp shareholding of 15,403,173 shares (6.70% of votes) in a periodic institutional filing.
UBS Group AG, filing for itself and certain subsidiaries, reported that it held less than 5% of CNX Resources Corp (then CONSOL Energy) as of December 30, 2016. It marked the filing as showing it had ceased to be a more-than-5% holder.
CNX Resources Corp EVP - Chief Administrative Off Stephen W Johnson acquired 112,893 shares and disposed of 32,667 in a set of related equity transactions.
CNX Resources Corp EVP & Chief Financial Officer David M. Khani acquired 133,620 shares and disposed of 35,822 in a set of related equity transactions.
CNX Resources Corp EVP & Chief Op. Officer - E&P Timothy C Dugan acquired 89,261 shares and disposed of 21,444 in a set of related equity transactions.
Southeastern Asset Management, Inc. I.D. No, Longleaf Partners Fund I.D. No, Longleaf Partners Small-Cap Fund I.D. No, O. Mason Hawkins I.D. No. XXX-XX-XXXX reported a CNX Resources Corp shareholding of 46,676,914 shares (20.30% of votes) in a periodic institutional filing.
2 Dec 2016asset acquisition disposition▲ GoodMajor
CNX Gas and Noble Energy closed their Utica Shale property exchange, with Noble paying CONSOL $213 million cash; each company now fully owns its own areas and their joint development agreement has ended.
CONSOL and its subsidiary CNX Gas Company LLC filed a Schedule 13D reporting 7,110,637 common units of CONE Midstream Partners, about 20.7% of the common units. This followed their receipt of 2,591,577 new units in the DevCo I drop-down.
CONE Midstream Partners (the CONSOL/Noble Energy midstream joint venture) agreed to buy the remaining 25% of a gathering-system subsidiary from CONE Gathering for $140 million cash plus newly issued partnership units, consolidating that asset under the MLP.
CNX Gas agreed to exchange jointly owned Marcellus Shale properties with Noble Energy, ending their 50-50 joint venture so each company would own 100% of its own operating areas. Noble was to pay CONSOL about $205 million in cash at closing, and the remaining carried-cost obligation was eliminated.
CONSOL Energy filed a Schedule 13D reporting 5,006,496 units, or 32.16%, of its subsidiary CNX Coal Resources LP. The total includes 3,956,496 Class A Preferred Units issued on September 30, 2016 in the first drop-down of Pennsylvania Mine Complex interests.