CNX 1Q – Production Slides, Profits Soar on Derivatives

Last week CNX Resources issued its first quarter 2023 update. The company generated $710 million of net income versus losing… Continue reading The post CNX 1Q – Production Slides, Profits Soar on Derivatives first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Calif. Hotel Liberal Pressures CNX to Report on Loony Paris Goals

The owner of two hotels in California–the Handerly Hotels in San Francisco and San Diego–who happens to own 19,185 shares… Continue reading The post Calif. Hotel Liberal Pressures CNX to Report on Loony Paris Goals first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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$8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table”

Free cash flow (FCF) refers to a company’s available cash repaid to creditors and as dividends and interest to investors…. Continue reading The post $8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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20 New Shale Well Permits Issued for PA-OH-WV Apr 10-16

New shale permits issued for Apr. 10-16 in the Marcellus/Utica picked up two from the prior week. There were 20… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV Apr 10-16 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CNX Partners with California Co. to Produce Clean Electricity

An interesting announcement issued yesterday by CNX Resources says the company is partnering with a California company, Sapphire Technologies, to… Continue reading The post CNX Partners with California Co. to Produce Clean Electricity first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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WV, EQT, Battelle Submit ARCH2 Application for M-U Hydrogen Hub

Yesterday MDN told you about the recently-filed application by the State of Pennsylvania to attract one of 6 to 10… Continue reading The post WV, EQT, Battelle Submit ARCH2 Application for M-U Hydrogen Hub first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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32 New Shale Well Permits Issued for PA-OH-WV Mar 20-26

New shale permits issued for Mar. 20-26 in the Marcellus/Utica dropped by two from the prior week. There were 32… Continue reading The post 32 New Shale Well Permits Issued for PA-OH-WV Mar 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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29 New Shale Well Permits Issued for PA-OH-WV Feb 20-26

New shale permits issued for Feb. 20-26 in the Marcellus/Utica slide lower last week. There were 29 new permits issued… Continue reading The post 29 New Shale Well Permits Issued for PA-OH-WV Feb 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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40 New Shale Well Permits Issued for PA-OH-WV Feb 6-12

New shale permits issued for Feb. 5-12 in the Marcellus/Utica increased nicely last week. There were 40 new permits issued… Continue reading The post 40 New Shale Well Permits Issued for PA-OH-WV Feb 6-12 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CNX Update: Production Slipped in 2022, Better Days Ahead in 2023

And so begins the quarterly earnings report season. Yesterday CNX Resources issued its fourth quarter and full-year 2022 update. The… Continue reading The post CNX Update: Production Slipped in 2022, Better Days Ahead in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CNX Using Compressor Engine Exhaust Heat to Produce Electricity

CNX Resources and ICE Thermal Harvesting have partnered on a pilot project to generate 100% emission-free, locally-sourced power for use… Continue reading The post CNX Using Compressor Engine Exhaust Heat to Produce Electricity first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CNX Hires Slippery Rock Petroleum/NatGas Grad as Engineer

For years we’ve highlighted the top-notch educational program available at Lackawanna College’s School of Petroleum and Natural Gas (PNG), now… Continue reading The post CNX Hires Slippery Rock Petroleum/NatGas Grad as Engineer first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Appalachia First: A Bold, Positive Vision for the Region!

Appalachia First: A Bold, Positive Vision for the Region! Tom Shepstone Shepstone Management Company, Inc. …. ….  Nick DeIuliis at CNX Resources launches Appalachia First and explains how natural gas is a catalyst, not a bridge, fuel for bringing new life to an old region. Appalachia First is a bold new initiative being launched by

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