NYSE:CNXM - New York Stock Exchange, Inc. -
CNX Resources (NYSE:CNX) completes the acquisition of CNX Midstream Partners (NYSE:CNXM) that it did not already own.
Mentions: CNX
Mentions: CNX
Shares of CNX Midstream Partners (NYSE:CNXM) were flat in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 44.44% year over...
CNX Midstream Partners (NYSE: CNXM) announces its next round of earnings this Thursday, July 30. Here is Benzinga's look at CNX Midstream Partners's Q2 earnings...
CNXM earnings call for the period ending March 31, 2020.
Mentions: ONDK
Investors need to pay close attention to CNX Midstream (CNXM) stock based on the movements in the options market lately.
CNX Midstream Partners (NYSE:CNXM) had declared $0.50/share quarterly dividend, 503.1% increase from prior dividend of $0.0829.Payable Aug.
CNX Midstream Partners (NYSE:CNXM): Q2 GAAP EPS of $0.35 beats by $0.02.Revenue of $66.04M (-15.4% Y/Y) beats by $1.54M.Distributable cash flow of $37.1MPress Release
Wells Fargo is coming off positive on the deal that "puts the band back together" at CNX Resources (NYSE:CNX), now re-linked with former midstream associate CNX Midstream Partners (NYSE:CNXM).
The MLP received an offer it couldn't refuse.
Mentions: CNX
Socket Mobile (NASDAQ:SCKT) +142% on launching 2 barcode scanners.Wilhelmina (NASDAQ:WHLM) +128%.TCR2 Therapeutics (NASDAQ:TCRR) +47% as TC-210 successful in mid-stage cancer study.Marathon Patent (NASDAQ:MARA) +29%.CNX Midstream Partners LP (NYSE:CNXM) +25% as CNX Resources to buy out remaining shares in CNX Midstream Partners.Sogou (NYSE:SOGO) +20%.Genocea Biosciences (NASDAQ:GNCA) +19%.Riot Blockchain (NASDAQ:RIOT) +18%.Xperi Holding (NASDAQ:XPER) +18%.Canaan (NASDAQ:CAN) +17%.MediciNova (NASDAQ:MNOV) +16% on deal to jointly develop SARS-CoV-2 Vaccine in Japan.Firsthand Technology Value Fund (NASDAQ:SVVC) +16% on preliminary NAV of $14.70 as of June 30.Avino Silver & Gold Mines (NYSEMKT:ASM) +15%.cbdMD (NYSEMKT:YCBD) +13%.Capricor Therapeutics (NASDAQ:CAPR) +12%.McEwen Mining (NYSE:MUX) +12%.Heat Biologics (NASDAQ:HTBX) +11%.
CNX Resources (NYSE:CNX) agrees to acquire all of the ~42.1M outstanding units it does not already own in CNX Midstream Partners (NYSE:CNXM) in exchange for shares valued at ~$357M.CNX Resources will acquire the ~53% of outstanding common units of CNX Midstream that it does not already own at a fixed exchange ratio of 0.88 shares of CNX common stock for each publicly held common unit of CNX Midstream, representing a 15% premium to the average exchange ratio during the 30 trading days ended July 24.The CNX Midstream board also declares a $0.50/unit cash distribution for Q2.
Mentions: CNX
- Improves long-term financial stability of combined entity
Mentions: CNX
Mentions: CNX
Mentions: CNX
SSI – SSI leads the way today as the best performing small cap stock, closing up 91.13%.
Williams Cos. (WMB +1.0%), Equitrans Midstream (ETRN +0.5%) and EQM Midstream (EQM +1.1%) are upgraded to Overweight while CNX Midstream (CNXM -35.6%) is raised to Equal Weight at Wells Fargo, which s