CNX Resources


CNX Resources Corporation is a natural gas company based in Pittsburgh. The company was known as Consol Energy until separating into CNX and Consol Energy in 2017.
The company operates in the Appalachian Basin. It was the first company to use an electric fracking fleet in the Appalachian Basin. These electric fleets reduce diesel, emissions, traffic, and more by using gas directly from the well to power an electric turbine.
In 2018, CNX ranked as the 9th largest natural gas company by production.
The company is the majority owner of CNX Midstream, a publicly-traded master limited partnership that owns and operates midstream energy assets including dehydration facilities and condensate handling facilities in the Marcellus Shale play in Pennsylvania and West Virginia.

History

In 1860, the company was founded as Consolidation Coal Company. It began as a coal mining company in 1864.
The company started extracting coalbed methane in 1988.
Dupont and Rheinbraun A.G. formed a joint venture in 1991.
In May 1999, the company became a public company via an initial public offering.
In 2010, the company moved into its LEED certified headquarters in Cecil Township, Washington County, Pennsylvania.
In April 2010, the company acquired the natural gas business of Dominion Resources, which increased its drilling properties and made it one of the largest natural gas production companies in the Marcellus Shale formation.
In 2017, the company completed the corporate spin-off of Consol Energy and changed its name to CNX Resources Corporation.
In January 2018, the company purchased a 50% interest in CONE Gathering LLC from Noble Energy and rebranded it as CNX Midstream Partners LP.