CNX Resources Corporation (NYSE:NYSE:CNX) Q1 2022 Results Conference Call April 28, 2022 10:00 AM ET Company Participants Tyler Lewis - Vice President of Investor Relations Nicholas.
The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years..the 15 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 9 billion cubic foot addition from an S&P Global Platts survey of analysts, but measured well below the average addition of 67 billion cubic feet of natural gas that have typically been injected into natural gas storage during the same week over the past 5 years, as well as well below the 66 billion cubic feet added to natur
An executive at USA shale gas explorer CNX Resource Corp. contends long-term pledges to reduce emissions lack detail and accountability.
(Bloomberg) An executive at U.S. shale gas explorer CNX Resource Corp. criticized the long-term pledges to reduce emissions that have slowly gained traction in the industry, saying they lack detail and accountability.
“Committing to a target or goal decades into the future, without a concrete path to accomplish them and without accountability for those words, in our opinion is the epitome of flawed corporate governance,” Olayemi Akinkugbe, CNX Chief Excellence Officer, said on a conference call with investors on Thursday.
Operator
Good day, and welcome to the CNX Resources First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Tyler Lewis, Vice President of Investor Relations. Please go ahead.
Tyler Lewis
Vice President Of Investor Relations
Thank you, and good morning to everybody. Welcome to CNX s first quarter conference call. We have in the room today, Nick DeIuliis, our President and Chief Executive Officer; Don Rush, our Chief Financial Officer; Chad Griffith, our Chief Operating Officer; and Yemi Akinkugbe, our Chief Excellence Officer. Today, we will be discussing our first quarter results. This morning, we posted an updated slide presentation to our website.
Operator
Good morning and welcome to the CNX Resources Fourth Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. Please note this event is being recorded.
I would now like to turn the conference over to Tyler Lewis, Vice President of Investor Relations. Please go ahead.
Tyler Lewis
Vice President of Investor Relations
Thank you, and good morning, everybody. Welcome to CNX s Fourth Quarter Conference Call. We have in the room today Nick DeIuliis, our President and CEO; Don Rush, our Chief Financial Officer; Chad Griffith, our Chief Operating Officer; and Olayemi Akinkugbe, our Chief Excellence Officer.