CNX Resources Consolidated — ngl & natural gas project

Appalachian Basin natural gas producer operating three reserve segments - Shale, Coalbed Methane and Other - across Pennsylvania, West Virginia, Ohio, Virginia, Illinois, Indiana and New York. Total proved reserves were 9,662,144 MMcfe at December 31, 2025, 72% developed, on 3,971,342 total net acres of which 428,042 are proved developed, 26,092 proved undeveloped and 3,517,208 unproved. All acreage identified as proved developed and undeveloped is controlled fully through a 100% working interest. Reserves were prepared internally and audited by Netherland, Sewell & Associates. Production is overwhelmingly dry gas: 580,601 MMcf in 2025 against 7,907 Mbbls of NGLs and 153 Mbbls of oil and condensate. The 2025 Apex Transaction added $523.3 million of proved and $3.2 million of unproved properties, driving purchases of 667,993 MMcf of gas reserves in place. Physical and swap hedges covered approximately 482.3 Bcf of 2025 sales at an average $2.59/Mcf, with 448.8 Bcf of estimated 2026 production hedged at $2.74/Mcf as of January 8, 2026.