CNX Resources Management

Management criteria checks 3/4

CNX Resources' CEO is Nick DeIuliis, appointed in Feb 2011, has a tenure of 13.75 years. total yearly compensation is $6.43M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 1.41% of the company’s shares, worth €83.34M. The average tenure of the management team and the board of directors is 2.6 years and 8.5 years respectively.

Key information

Nick DeIuliis

Chief executive officer

US$6.4m

Total compensation

CEO salary percentage	12.4%
CEO tenure	13.8yrs
CEO ownership	1.4%
Management average tenure	2.6yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick DeIuliis's remuneration changed compared to CNX Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$568m
Jun 30 2024	n/a	n/a	US$524m
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$6m	US$800k	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$7m	US$800k	-US$142m
Sep 30 2022	n/a	n/a	-US$686m
Jun 30 2022	n/a	n/a	-US$1b
Mar 31 2022	n/a	n/a	-US$2b
Dec 31 2021	US$9m	US$831k	-US$499m
Sep 30 2021	n/a	n/a	-US$933m
Jun 30 2021	n/a	n/a	-US$265m
Mar 31 2021	n/a	n/a	-US$57m
Dec 31 2020	US$11m	US$800k	-US$484m
Sep 30 2020	n/a	n/a	-US$951m
Jun 30 2020	n/a	n/a	-US$631m
Mar 31 2020	n/a	n/a	-US$322m
Dec 31 2019	US$14m	US$800k	-US$81m
Sep 30 2019	n/a	n/a	US$293m
Jun 30 2019	n/a	n/a	US$302m
Mar 31 2019	n/a	n/a	US$182m
Dec 31 2018	US$10m	US$800k	US$797m
Sep 30 2018	n/a	n/a	US$981m
Jun 30 2018	n/a	n/a	US$834m
Mar 31 2018	n/a	n/a	US$914m
Dec 31 2017	US$11m	US$800k	US$295m

Compensation vs Market: Nick's total compensation ($USD6.43M) is above average for companies of similar size in the German market ($USD3.59M).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.

CEO

Nick DeIuliis (55 yo)

13.8yrs

Tenure

US$6,427,883

Compensation

Mr. Nicholas J. DeIuliis, also known as Nick, serves as Director and Chief Executive Officer of CNX Resources Corporation since May 7, 2014 and its President since February 23, 2011. Prior to the separatio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nicholas DeIuliis	President	13.8yrs	US$6.43m	1.41% € 83.3m
Alan Shepard	Chief Financial Officer	2.4yrs	US$6.05m	0.040% € 2.4m
Navneet Behl	Chief Operating Officer	2yrs	US$6.19m	0.014% € 848.2k
Ravi Srivastava	President of New Technologies	2.9yrs	US$5.18m	0.026% € 1.6m
Hayley Scott	Chief Risk Officer	2.8yrs	US$1.09m	0.018% € 1.1m
Tyler Lewis	VP of Investor Relations	no data	no data	no data
Timothy Bedard	Executive VP	less than a year	no data	0.046% € 2.7m
Jason Mumford	VP of SEC Financial Reporting & Controller	no data	no data	no data

2.6yrs

Average Tenure

51yo

Average Age

Experienced Management: CGD's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicholas DeIuliis	President	10.5yrs	US$6.43m	1.41% € 83.3m
William Thorndike	Independent Chairman of the Board	10.1yrs	US$515.00k	0.14% € 8.1m
Bernard Lanigan	Independent Director	8.5yrs	US$305.00k	0.37% € 21.7m
John Clarkson	Independent Director	7.5yrs	US$300.00k	0.071% € 4.2m
Robert Agbede	Independent Director	2.8yrs	US$286.67k	0.013% € 778.7k
Maureen Lally-Green	Independent Director	11.4yrs	US$295.00k	0.049% € 2.9m
Ian McGuire	Independent Director	5.3yrs	US$300.00k	0.015% € 900.6k

8.5yrs

Average Tenure

67yo

Average Age

Experienced Board: CGD's board of directors are considered experienced (8.5 years average tenure).

CNX Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently bought €1.8m worth of stock

Independent Director recently bought €1.8m worth of stock

CNX Resources Corporation, Annual General Meeting, May 02, 2024

CNX Resources Corporation Announces Executive Changes

Independent Director recently bought €3.4m worth of stock

Independent Director recently bought €2.0m worth of stock

Recent updates

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: US$0.44 (vs US$0.13 in 3Q 2023)

CNX Resources Corporation to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 16%

Independent Director recently bought €1.8m worth of stock

Independent Director recently bought €1.8m worth of stock

New minor risk - Profit margin trend

Second quarter 2024 earnings released: US$0.12 loss per share (vs US$2.89 profit in 2Q 2023)

CNX Resources Corporation to Report Q2, 2024 Results on Jul 25, 2024

First quarter 2024 earnings released: EPS: US$0.045 (vs US$4.22 in 1Q 2023)

CNX Resources Corporation to Report Q1, 2024 Results on Apr 25, 2024

CNX Resources Corporation, Annual General Meeting, May 02, 2024

CNX Resources Corporation Provides Production Guidance for the Year of 2024

Full year 2023 earnings released: EPS: US$10.74 (vs US$0.75 loss in FY 2022)

CNX Resources Corporation to Report Q4, 2023 Results on Jan 25, 2024

CNX Resources Corporation Announces Executive Changes

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$0.13 (vs US$2.28 loss in 3Q 2022)

CNX Resources Corporation to Report Q3, 2023 Results on Oct 25, 2023

Independent Director recently bought €3.4m worth of stock

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$2.89 (vs US$0.17 in 2Q 2022)

CNX Resources Corporation to Report Q2, 2023 Results on Jul 27, 2023

CNX Resources Corporation(NYSE:CNX) dropped from Russell Small Cap Comp Growth Index

An unknown third party entered into a definitive agreement to acquire Non-Operated Producing Oil And Gas Assets of CNX Resources Corporation for approximately $130 million.

Independent Director recently bought €2.0m worth of stock

Proxy Impact Files an Exempt Solicitation Statement with Securities and Exchange Commission

First quarter 2023 earnings released: EPS: US$4.22 (vs US$4.62 loss in 1Q 2022)

Forecast breakeven date moved forward to 2023

Full year 2022 earnings released: US$0.68 loss per share (vs US$2.31 loss in FY 2021)

Forecast to breakeven in 2023

Forecast breakeven date moved forward to 2023

CNX Resources Corporation to Report Q4, 2022 Results on Jan 26, 2023

CNX Resources Corp. Launches Appalachia First

Forecast to breakeven in 2023

CNX Resources Corporation Announces Executive Changes

Insufficient new directors

Third quarter 2022 earnings released: US$2.28 loss per share (vs US$4.05 loss in 3Q 2021)

CNX Resources Corporation Revises Production Guidance for the Year 2022

CNX Resources Corporation to Report Q3, 2022 Results on Oct 27, 2022

Forecast to breakeven in 2023

Insufficient new directors

Second quarter 2022 earnings released: EPS: US$0.17 (vs US$1.61 loss in 2Q 2021)

CNX Resources Corporation to Report Q2, 2022 Results on Jul 28, 2022

Now 21% undervalued

CNX Resources Corporation Appoints Alan K. Shepard as Chief Financial Officer

Forecast to breakeven in 2022

First quarter 2022 earnings released: US$4.62 loss per share (vs US$0.45 profit in 1Q 2021)

CNX Resources Corporation to Report Q1, 2022 Results on Apr 28, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

CNX Resources Corporation Provides Production Guidance for the Year 2022

Third quarter 2021 earnings released: US$4.05 loss per share (vs US$1.03 loss in 3Q 2020)

Second quarter 2021 earnings released: US$1.61 loss per share (vs US$0.78 loss in 2Q 2020)

First quarter 2021 earnings released: EPS US$0.45 (vs US$1.76 loss in 1Q 2020)

New 90-day high: €11.80

CNX Unveils Partnership with Bettis Brothers and The Bus Stops Here Foundation

CNX Announces 13% Increase in Proved Reserves to 9.55 Tcfe

Full year 2020 earnings released: US$2.43 loss per share (vs US$0.42 loss in FY 2019)

CNX Resources Corporation(NYSE:CNX) dropped from Russell 1000 Dynamic Index

New 90-day high: €9.90

CNX Resources Corporation to Report Q4, 2020 Results on Jan 28, 2021

President recently bought €85k worth of stock

New 90-day low: €7.40

Third quarter earnings released

CNX Resources Corporation to Report Q3, 2020 Results on Oct 29, 2020

CONSOL Energy Inc. to Report Q1, 2010 Results on 04/29/2010

CNX Resources Corporation to Report Q1, 2019 Results on Apr 30, 2019

CNX Resources Corporation (NYSE:CNX) completed the acquisition of 46.9% stake in CNX Midstream Partners LP (NYSE:CNXM).

CNX Resources Corporation to Report Q2, 2020 Results on Jul 30, 2020