CONSOL Energy Inc. CNX announced today that it has entered into an agreement with Noble Energy, Inc. NBL for the joint development of CONSOL's 663,350 Marcellus Shale acres in Pennsylvania and West Virginia for aggregate payments to CONSOL of approximately $3.4 billion.
Under the agreement, Noble Energy will acquire 50% of CONSOL's Marcellus Shale interest including a 50% interest in CONSOL's existing Marcellus Shale wells.
CNXCNX Resources Corp
$30.300.87%
Edge Rankings
Momentum87.53
Growth2.81
Quality-
Value10.87
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in