CNX Resources (CNX) Tops Q2 EPS by 18c

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CNX Reports Second Quarter Results; Quarterly Production of 122.6 Bcfe; Total Production Costs Fall to $2.00 Per Mcfe; Reduces Total Shares Outstanding by 8% Since October 2017

August 2, 2018 6:45 AM EDT

PITTSBURGH, Aug. 2, 2018 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or the company) reports second quarter results. Throughout this release, CNX distinguishes between "attributable to CNX shareholders" and "consolidated" results.

Attributable to CNX shareholders: Excludes from consolidated results interests in CNX Midstream Partners LP (NYSE: CNXM) ("CNXM") not held by CNX, which was approximately 63.91% during the second quarter. The following results are reported on an attributable to CNX shareholders basis:

CNX reported net income attributable to CNX shareholders of $42 million, or earnings of... More