CNX Resources Corporation has announced a definitive agreement to acquire the natural gas upstream and midstream business of Apex Energy II, LLC for approximately $505 million, with the transaction expected to close in Q1 2025. This acquisition strengthens CNX’s position in the Appalachian Basin, strategically expanding its Marcellus and Utica acreage in Westmoreland County, Pennsylvania, by adding 36,000 net acres and leveraging existing infrastructure for future development.