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-0.00463678516228752 -0.00695517774343121 -0.00695517774343121 -0.00772797527047924 -0.00656877897990733 0.0100463678516228 -0.00309119010819172 -0.00154559505409593
Stock impact report

Why CNX Resources and Its MLP Are Moving in Opposite Directions Today [The Motley Fool]

CNX Resources Corporation (CNX) 
Last cnx resources corporation earnings: 4/27 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cnx.com
Company Research Source: The Motley Fool
Matthew DiLallo(TMFmd9)Author BioMatthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on for the latest news and analysis of the energy and materials industries:Follow @matthewdilalloWhat happenedShares ofnatural gasdrillerCNX ResourcesNYSE:CNXMLP,CNX Midstream PartnersSo whatSlumping commodity prices weighed heavily on CNX Resources' first-quarter results. The gas driller reported a loss of $9 million, or $.76 per share, as weaker pricing forced the company to write down the value of itsmidstreamunit as well as its coal bed methane operations in southwestern Pennsylvania.Image source: Getty Images.Lower pricing also forced the company to make changes to its operating plan. CNX Resources will reduce its 00 capital budget by 0% to a range of $0 million to $60 million. It expects capital spending to continue falling in future years. Th Show less Read more
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