Moody's rates CNX Resources' new notes B1 and affirms Ba3 CFR at both CNX Resources and CNX Midstream; outlooks stable
Moody's Investors Service ("Moody's") affirmed CNX Resources Corporation's (CNX) Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), and B1 ratings for the company's existing senior unsecured notes and maintained the stable outlook. Moody's assigned a B1 rating to CNX's pr...
CNX Resources is an independent oil and gas company focused on the exploration, development, production, gathering, processing and acquisition of natural gas properties primarily in the Appalachian Basin. The company's operations are centered on unconventional shale formations, primarily the Marcellus Shale and Utica Shale. The company operates, develops and explores for natural gas in Appalachia (Pennsylvania, West Virginia, Ohio, and Virginia).
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