CNX Resources Corporation: Update following change of outlook to positive - lower refinancing risk and expected free cash flow to reduce debt
CORPORATES CREDIT OPINION 25 November 2020 Update RATINGS CNX Resources Corporation Domicile Pittsburgh, Pennsylvania, United States Long Term Rating B1 Type LT Corporate Family Ratings - Dom Curr Outlook Positive Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Elena NaCNX 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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