Capital Markets | Capital Expenditure | Capital Expenditure - 2021
CNX Resources Ups Capex for 2021; Aims for 10% Production Growth YOY
CNX Resources has increased its capital plans for 2021
2021 Plan
- Capex: $430-470 million
- Up $10 million at the midpoint (+2%) versus its prior $440MM capex
- Down 8% from 2020 spending of $487MM
- Production: 540-570 Bcfe (1,480-1,521 Mmcfe/d)
- Up 5 Bcfe at the midpoint (+1%) versus the prior plan of 550 Bcfe (1,507 Mmcfe/d)
- Up 9% from 2020 production of 511 Bcfe (1,396 Mmcfe/d)
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Production Daily Equivalent(mmcfe/d) |
Related Categories :
Capital Expenditure - 2021
More Capital Expenditure - 2021 News
-
Pine Cliff Energy Ups Spending, Production Plans by 10% for 2022
-
Whitecap Resources Unveils 2022 Budget; Up 12% vs. 2021
-
Southwestern Closes Acquisition of Indigo Natural Resources; Ups Capex
-
Altura Energy First Quarter 2021 Results
-
Razor Energy Corp. First Quarter 2021 Results
Northeast News >>>
-
Large Marcellus E&P Talk 2024 Development Plan, Rigs, Wells & Frac Crews
-
Devon Said To be In Talks to Acquire Enerplus
-
CNX Resources Talks 2024 Rigs, Frac Crews & Well Count -
-
An Early Look at Company 2024 Capital & Development Plans
-
A Look at Capital Spending By Company In First Half 2023; Budget Exhausion?