Capital Markets | Capital Expenditure | Capital Expenditure - 2021
CNX Resources Ups Capex for 2021; Aims for 10% Production Growth YOY
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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)
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