Q2 2021 Highlights CNX continued to successfully execute its plan by delivering another quarter of 2ND QUARTER SNAPSHOT(1) positive free cash flow, reducing absolute debt, and continuing share buybacks at attractive pricing, commented…
CNX Net Carbon Negative for Scope 1&2 Emissions Since 2013 CNX is Scope 1 & 2 Net Carbon Negative 2,000,000 Consistent reduction in Scope 1 GHG 1,000,000 emissions, with 90% reduction since 2013 - Metric Tons of CO2e…
Key 2021 Financial Metrics Lead Across Major Indices 17% 32% 2.0x FCF Yield(1) Operating Margin(1) Leverage Ratio(1) percentile S&P 1500 Index 96th 74th 61st percentile S&P 1500 Industrials 97th 94th 70th percentile S&P 400 Mid…
Peer Leading Cost Structure Drives FCF Generation LOWEST PRODUCTION COSTS IN APPALACHIA UNDERPIN MEANINGFUL RETURNS CNX owns its own midstream system 117MM in FCF(1) in Q2 2021 Did not meaningfully subscribe to expensive FT contracts…
Low Costs Driving Strong Operating Margins Fully Burdened Costs(1) 1.29 Fully burdened 1.17 1.09 1.05 costs expected 0.45 1.01 1.01 0.27 0.21 to further decline 0.18 0.20 0.23 in long-term plan /Mcfe 0.17 0.15 0.18…
Six Consecutive Quarters of Generating Significant FCF 500 Free Cash Flow (FCF)(1) 475 450 400 Six consecutive quarters of 350 generating 300 significant FCF, in millions used to pay down 250 debt and return 200 capital to…
Balance Sheet and Liquidity Strength Significant liquidity under credit facilities Combined borrowing Maturities as of June 30, 2021 (Adjusted)(1) ( in millions) base of 2.4 billion 2500 4.6% 5% 4.5% 4.1% 2000 4% Undrawn…
Guidance Update & Cash Taxes 2021 Guidance Taxes PREVIOUS UPDATED As of YE2020, the companys future federal and state 2021E 2021E cash taxes are impacted by: ( in millions) Low High Low High Federal NOL balance of 1.0 billion Total…