CNX CFO Everett Good Steps Down; Ops Chief Ravi Srivastava Named CFO

Well, that was quick. Less than nine months after Everett Good took over as Chief Financial Officer (CFO) of Pittsburgh-based CNX Resources, he is stepping down. CNX said yesterday that Ravi Srivastava, the company’s Senior Vice President of Operations, is the new CFO, effective immediately (well, effective retroactively to Sept. 17). Srivastava, 45, is a 16-year CNX veteran—and, interestingly, an engineer by training rather than an accountant. The company also elevated Melissa Long, VP of Financial Reporting and Controller, to the role of principal accounting officer.
Editor’s Note (Sept. 23, 2026): An earlier version of this post, including our MDN’s Take, speculated that Mr. Good’s departure meant things “weren’t working out” and that CNX’s new CEO wanted a different person in the CFO role. We had no basis for that speculation, and we shouldn’t have offered it. CNX’s SEC filing states that Mr. Good and the company mutually agreed on his departure, that it was without cause, and that there was no disagreement over company operations, policies or practices. We apologize to Mr. Good and to CNX. We’ve revised the headline and our commentary below.
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Back in March, a delegation of European heavyweights came to Pittsburgh with their shopping bags, looking to buy more U.S. LNG. Leading the charge was Jovita Neliupšiene, a Lithuanian who now serves as the EU’s ambassador to the U.S. Looks like they found what they were shopping for — in Pittsburgh. Lithuanian state-owned energy company Ignitis has picked a subsidiary of Pittsburgh-based EQT Corporation, one of the largest U.S. natural gas producers, to supply it with 10 cargoes of liquefied natural gas (LNG) — one per year from 2027 through 2036. EQT beat out other bidders in a competitive tender. It’s the first long-term gas supply contract between Ignitis and a U.S. company. Small deal? Yes. Symbolic deal? Very much so.
Another big data center is heading to western Pennsylvania, and this one plans to make its own power with a natural gas-fired plant, right next door to a shale gas well pad. A Florida LLC and a Coraopolis microgrid company have filed preliminary plans for the Misty Hollow Energy & Data Campus: a 1-million-square-foot data center and a 300-megawatt power generation facility on a former dairy farm along Prospect Road (PA Route 528) in Forward Township, Butler County. The site sits next to a PennEnergy Resources well pad, and the township engineer wants a letter from PennEnergy signing off on the plan’s revised access to that pad. The developer now confirms the 300 MW plant will run on natural gas, and it will power the campus “behind the meter,” off the grid.
Expand Energy — America’s #1 gas producer, which drills in Pennsylvania under the name Expand Oper LLC — just picked up a fresh batch of Notices of Violation from DEP. Pressure tests witnessed by DEP inspectors on Aug. 6 and Aug. 13 confirmed new casing/cementing defects in four wells across three pads in Susquehanna and Wyoming counties, while two more pads remain under watch for older, unresolved issues.
Alpha Compute Corp. (Nasdaq: ALP), the tiny AI outfit that wants to build a 200 MW gas-fired data center in Tioga County (see
Here’s one you don’t see every day. The North Carolina Utilities Commission (NCUC) has said “no” to a Duke Energy gas-fired power plant. On Sept. 18, the commission voted 3-1 to deny Duke Energy Progress a certificate of public convenience and necessity (CPCN, the state’s permission slip to build) for a 255-megawatt (MW) gas-fired “peaker” turbine at the Smith Energy Complex in Richmond County. Price tag: $584 million. The twist? The three commissioners who voted no are all Republican appointees, and the lone vote in favor came from a Democrat. Nobody on the commission said gas is the problem. The problem, they said, is data centers: how much of this plant’s power data centers will use, and who would pay for it.
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