secwatch.observer — SEC 8-K summary
======================================

Issuer:     CNX Resources Corp (CNX)
CIK:        0001070412
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001070412-23-000085
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNX Resources subsidiary agrees to sell Appalachian basin oil & gas assets for $125M
--------------------------------------------------------------------------------

- Definitive PSA to sell non-operated producing assets; cash proceeds ~$125M, effective date April 1, 2023.
- Transaction expected to close in Q2 2023; reduces 2023 net production by 9 Bcfe.
- Proceeds to be used consistent with ongoing capital allocation strategy; buyer not named in filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070412/000107041223000085/0001070412-23-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070412/000107041223000085/cnx-20230615.htm
  HTML page:      https://secwatch.observer/filing/0001070412-23-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer