CNX Resources

CNX Resources | Electrical Generation | Energy Companies | Industrywide Issues

Nick Deiuliis: 7 Days in January That Exposed PJM Grid Truths
February 5, 2026February 5, 2026

Nick Deiuliis

One of our favorite Marcellus drilling CEOs has been Nick Deiuliis, CEO of CNX Resources from 2014 until he retired at the end of 2025. Nick remains on the Board of CNX. He has been and continues to be an active author, writing about energy issues. Nick has a brilliant post on LinkedIn about the recent Winter Storm Fern and what it reveals about the energy sources powering the PJM Interconnection grid. Nick points out that the PJM grid survived record-breaking demand through the reliability of traditional energy. Natural gas, nuclear, and coal provided over 90% of total generation, with gas acting as the primary workhorse and nuclear providing a steady baseload. Conversely, solar and wind struggled, contributing less than 5% combined due to weather-induced failures like snow-covered panels and erratic winds. Read More “Nick Deiuliis: 7 Days in January That Exposed PJM Grid Truths”
CNX Resources | Energy Companies

CNX Returned to Drilling & Fracking in 4Q25; Avg Prod. 1.65 Bcfe/d
February 2, 2026May 5, 2026

Last week, CNX Resources issued its fourth quarter 2025 update. In 3Q25, the company did not drill, frack, or complete any new wells (see CNX Did Not Drill, Frack, or Complete Any Wells in 3Q25). The good news is that CNX returned to drilling and fracking in 4Q. The company drilled 12 new wells, fracked 10 wells, and turned-in-line (TIL) 6 wells. Production was 152.3 Bcfe (billion cubic feet equivalent) in 4Q25 — which works out to 1.65 Bcfe/d — up from 141.9 Bcfe last year (a 7% increase). The reason for the increase was that CNX closed on the purchase of Apex Energy during the first quarter of 2025, and Apex’s production numbers were fully added to CNX’s numbers beginning in 2Q25. Read More “CNX Returned to Drilling & Fracking in 4Q25; Avg Prod. 1.65 Bcfe/d”
Antero Resources | Ascent Resources | CNX Resources | Energy Companies | EQT Corp | Greene County (PA) | Harrison County | HG Energy | Jefferson County (OH) | Lewis County | Lycoming County | Ohio | Pennsylvania | Repsol | Seneca Resources | Tioga County (PA) | Washington County | Weekly Permits | West Virginia

21 New Shale Well Permits Issued for PA-OH-WV Jan 5 – 11
January 16, 2026January 16, 2026

A return to normalcy last week for permits issued to drill new shale wells in the Marcellus/Utica. Two weeks ago, we reported that just one new permit was issued (see M-U Issues Just One New Permit Last Week, Dec 29 – Jan 4). As promised, we double-checked to be sure there wasn’t a lag in posting permits by the various environmental agencies. There were no new permits (except the one) for two weeks ago. As for last week, Jan. 5 – 11, Pennsylvania issued 12 new permits, Ohio issued 2, and West Virginia issued 7. Among the drillers receiving new permits last week: Antero, Ascent, CNX, EQT, HG Energy, Repsol, and Seneca Resources. Read More “21 New Shale Well Permits Issued for PA-OH-WV Jan 5 – 11”
Belmont County | CNX Resources | Energy Companies | EOG Resources | Gulfport Energy | Ohio | Pennsylvania | Seneca Resources | Tioga County (PA) | Tuscarawas County | Weekly Permits | West Virginia | Westmoreland County

12 New Shale Well Permits Issued for PA-OH-WV Dec 15 – 21
December 29, 2025December 29, 2025

The combined number of new permits issued to drill shale wells across the Marcellus/Utica region was 12 for the week of Dec. 15 – 21. Pennsylvania issued 8 new permits, while Ohio issued 4. West Virginia issued no new permits for that period. Among the companies receiving new permits were Seneca Resources, CNX Resources, Gulfport Energy, and EOG Resources. Read More “12 New Shale Well Permits Issued for PA-OH-WV Dec 15 – 21”
Antero Resources | Ascent Resources | CNX Resources | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Expand Energy | Gulfport Energy | Range Resources Corp | Seneca Resources

Despite Earnings Decline in 3Q for O&G, M-U Drillers Still Profited
December 5, 2025December 5, 2025

In Q3 2025, U.S. E&Ps (drillers) successfully leveraged rigorous cost-cutting and capital discipline to maintain stable earnings despite commodity price volatility. With lifting costs down 16% since mid-2022, producers offset revenue pressures through efficiency and consolidation. RBN Energy reports that performance diverged by sector in 3Q: oil-weighted producers saw earnings rise 19% on stabilized crude prices and reduced impairments, while gas-weighted peers suffered a 27% earnings slump due to lower realizations. Total production increased 4.7%, mainly driven by oil majors. Looking ahead to Q4, the outlook shifts; oil producers face headwinds as prices dip toward $60/bbl, while natural gas producers anticipate a strong finish fueled by winter demand and rising Henry Hub prices. Read More “Despite Earnings Decline in 3Q for O&G, M-U Drillers Still Profited”
CNX Resources | Coterra Energy (Cabot O&G) | Diversified Energy | Energy Companies | Energy Services | Energy Transfer Partners | EQT Corp | Expand Energy | NRG Energy | Pennsylvania | Range Resources Corp | Seneca Resources | Statewide PA | Williams

PA Marcellus Industry Gives Back This Thanksgiving Season
November 25, 2025November 25, 2025

It’s time to revisit a topic we’ve covered many times before — philanthropy in the Marcellus/Utica region. Drillers and pipeline companies in the M-U region already contribute to the region through the generous lease bonuses and royalties paid to landowners. In addition to the billions that flow to landowners, M-U companies cumulatively donate millions of dollars to local communities and nonprofit organizations. Here’s the latest example of that in action: The Marcellus Shale Coalition (MSC) says its members (and their employees) have embraced this Thanksgiving season by giving back through food drives, volunteering at local charities, and supporting community initiatives. Read More “PA Marcellus Industry Gives Back This Thanksgiving Season”
CNX Resources | Energy Companies

CNX Promotes Longtime VP Everett Good to Become CFO on Jan. 1
November 6, 2025November 6, 2025

Everett Good

We like to see promotion from within. It’s a sign of a healthy company. CNX Resources announced yesterday that Everett Good, the company’s current Vice President of Finance and Treasury (since 2021), is being promoted to Chief Financial Officer (CFO), effective January 1, 2026. He’s worked for CNX for 13 years. The promotion fills a vacancy left by Alan Shepard, who was the CFO but will become the CEO of the company effective January 1 (see Nick Deiuliis Retiring as CNX CEO, CFO Alan Shepard to Succeed). Read More “CNX Promotes Longtime VP Everett Good to Become CFO on Jan. 1”
CNX Resources | Energy Companies

CNX Did Not Drill, Frack, or Complete Any Wells in 3Q25
November 4, 2025November 4, 2025

Last week, CNX Resources issued its third quarter 2025 update. Notably, the company did not drill, frack, or complete any new wells in 3Q25. The company reported a profit of $202.1 million for the quarter, compared to a profit of $65.5 million in 3Q24. The company generated $226 million in free cash flow, marking the 23rd consecutive quarter of FCF generation. Production was 161.3 Bcfe (billion cubic feet equivalent) in 3Q25 — which works out to 1.75 Bcfe/d — up from 134.5 Bcfe last year (a 20% increase). The reason for the sizeable increase was that CNX closed on the purchase of Apex Energy during the first quarter, and Apex’s production numbers were fully added to CNX’s numbers beginning in 2Q25. Read More “CNX Did Not Drill, Frack, or Complete Any Wells in 3Q25”
Anti-Drilling/Fossil Fuel | CNX Resources | Energy Companies | Industrywide Issues | Litigation

CNX Files Lawsuit Against Capital & Main for Defamation re Article
November 3, 2025November 3, 2025

Capital & Main is a left-leaning news outlet based in California. Capital & Main is about as left as left gets, yet pretends to be a legit news outfit [uncontrolled laughing]. Capital & Main has repeatedly targeted CNX Resources to smear the company and its Radical Transparency initiative. In September, we brought you Capital & Main’s latest hit piece alleging CNX’s operations are polluting and causing ill health for those who live nearby. The article also said CNX’s drilling program is anything but transparent (see Leftists Rattled by CNX’s Real Science and Radical Transparency). That article, says CNX, stepped over the line and defamed the company. So, CNX has filed a lawsuit against Capital & Main. Read More “CNX Files Lawsuit Against Capital & Main for Defamation re Article”
AI | CNX Resources | Energy Companies | Industrywide Issues | Pennsylvania | Washington County

CNX Shops Land Over Former Coal Mine in SWPA for AI Data Center
October 22, 2025October 22, 2025

CNX Resources is partnering with Chicago real estate giant JLL to market and lease the 1,500-acre Zediker Station site in South Strabane Township, about 20 miles south of Pittsburgh. The property offers 400 buildable acres, access to natural gas reserves and ample water, and features a unique, carbon-neutral power solution. The companies are pitching Remediated Mine Gas (RMG)—methane captured from coal mine ventilation systems—which, when blended with traditional natural gas, can achieve carbon-neutral power generation for a potential data center. Read More “CNX Shops Land Over Former Coal Mine in SWPA for AI Data Center”
CNX Resources | Energy Companies | Industrywide Issues | Pennsylvania | Regulation | Research | Statewide PA

After 1 Mil. Data Points Collected, CNX Finds Current Setbacks Work
October 3, 2025October 3, 2025

Carrie Crumpton, Vice President of Environmental Strategy, presented on behalf of CNX Resources at the recent 2025 Shale Insight Conference. Carrie provided an overview and update on CNX’s Radical Transparency initiative during the session “Clearing the Air: An Update to Public-Private Air Quality Monitoring Commitments within the Appalachian Basin.” CNX first launched its Radical Transparency initiative in November 2023, collecting and sharing site-specific air quality data in real-time with the public. What CNX is doing is called REAL science. You know, actually measuring and testing things rather than guessing and theorizing. One of the findings after collecting nearly 1 million pieces of data is this: the evidence does not support additional setback expansions. Read More “After 1 Mil. Data Points Collected, CNX Finds Current Setbacks Work”
CNX Resources | Energy Companies

Nick Deiuliis Retiring as CNX CEO, CFO Alan Shepard to Succeed
September 23, 2025September 23, 2025

Nick Deiuliis

This is big news. The visionary Chief Executive Officer (CEO) of CNX Resources, Nick Deiuliis, is retiring at the end of this year. CNX announced yesterday that Alan Shepard, currently serving as President and Chief Financial Officer (CFO), will assume the role of President and CEO effective January 1, 2026. Nick worked at CNX for 35 years. He will remain a member of the Board of Directors. It was our privilege and honor to have a (remote) sit-down interview with Nick in July 2022, which we shared in four different posts (read them here). He’s quite a guy. Very impressive. And someone who will be missed. However, if we know anything about Nick, we know that he’s trained his replacement well. Read More “Nick Deiuliis Retiring as CNX CEO, CFO Alan Shepard to Succeed”
Anti-Drilling/Fossil Fuel | Apex Energy | CNX Resources | Energy Companies | Industrywide Issues | Pennsylvania | Regulation | Westmoreland County

CNX Says It Will Apply for New Permits to Drill 2 Penn Twp Wells
September 22, 2025September 22, 2025

Penn Township

In June, we reported that the Pennsylvania Environmental Hearing Board (EHB), a special court in PA that hears appeals of decisions made by the Department of Environmental Protection (DEP), had ruled in favor of CNX Resources to allow two previously permitted wells in Penn Township (Westmoreland County) to move forward with drilling (see Anti-Shale Group Loses EHB Appeal to Block CNX Wells in SWPA). A local anti-shale group called Protect PT, backed with Big Green money and lawyers, appealed the decision to the state’s Commonwealth Court. CNX also appealed the EHB decision. While the lawsuit plays out, the original DEP permits in question have expired. Protect PT claimed CNX will need to reapply all over again—that the clock has run out (see Anti Group Claims Clock Ran Out for CNX to Drill 2 Penn Twp Wells). CNX says that’s exactly right. The company intentionally allowed them to expire so they could reapply for new permits. Read More “CNX Says It Will Apply for New Permits to Drill 2 Penn Twp Wells”
Anti-Drilling/Fossil Fuel | Apex Energy | CNX Resources | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Regulation | Westmoreland County

Anti Group Claims Clock Ran Out for CNX to Drill 2 Penn Twp Wells
September 16, 2025September 16, 2025

In June, we reported that the Pennsylvania Environmental Hearing Board (EHB), a special court in PA that hears appeals of decisions made by the Department of Environmental Protection (DEP), had ruled in favor of CNX Resources to allow two previously permitted wells in Penn Township (Westmoreland County) to move forward with construction (see Anti-Shale Group Loses EHB Appeal to Block CNX Wells in SWPA). A local anti-shale group called Protect PT, backed with Big Green money and lawyers, appealed the decision to the state’s Commonwealth Court. CNX has also appealed the EHB decision. While the lawsuit plays out, the original DEP permits in question have expired. Protect PT claims CNX will need to reapply all over again—that the clock has run out. Read More “Anti Group Claims Clock Ran Out for CNX to Drill 2 Penn Twp Wells”
Belmont County | Cameron County | CNX Resources | Energy Companies | EQT Corp | Expand Energy | Formentera Operating | Greene County (PA) | Grenadier Energy | Lycoming County | Monroe County | Ohio | Pennsylvania | Seneca Resources | Weekly Permits | West Virginia | Wetzel County

19 New Shale Well Permits Issued for PA-OH-WV Aug 25 – 31
September 5, 2025September 12, 2025

For the week of August 25 – 31, the number of permits issued to drill new wells in the Marcellus/Utica decreased from the previous week. There were 19 new permits issued across the three M-U states last week, down from 30 issued two weeks ago. Pennsylvania issued just six new permits, with two going to CNX Resources in Greene County. Another two went to EQT (including Rice Drilling), also in Greene County. Seneca Resources and Formentera Operating both received a single permit in Cameron and Lycoming counties, respectively. Read More “19 New Shale Well Permits Issued for PA-OH-WV Aug 25 – 31”
CNX Resources | Energy Companies | Hydraulic Fracturing | Industrywide Issues

CNX Extends E-Fracking Contract with Evolution Another 32 Months
August 26, 2025August 26, 2025

In 2018, CNX Resources announced it had signed a long-term contract with Evolution Well Services to use Evolution’s 100% natural gas-fueled electric pressure pumping equipment (see CNX Signs Deal with Evolution to Use 100% Electric Fracking Fleet). That is, CNX would use electric fracking equipment, with the electricity generated by burning natural gas, instead of diesel. In May 2019, the e-fracking fleet for CNX spun up and began operating in Greene County, PA (see CNX Operates SWPA’s Sole 100% All-Electric Fracking Unit). In 2022, CNX announced it had signed a four-year extension with Evolution to keep on e-fracking (see CNX Extends E-Fracking Contract with Evolution Another 4 Years). And now, CNX and Evolution have signed another extension, adding another 32 months to the deal, meaning the two will have worked together for a full decade. Read More “CNX Extends E-Fracking Contract with Evolution Another 32 Months”