CNX Issues Statement on Section 45V Hydrogen Production Tax Credit Implementation Guidance [Yahoo! Finance]
CNX Resources Corporation (CNX)
Last cnx resources corporation earnings: 4/27 06:45 am
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Source: Yahoo! Finance
Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources Corporation (NYSE: CNX) released the following statement: "The Department of Treasury's recognition of captured waste coal mine methane (CMM) as a feedstock for hydrogen production is validation of its inherent environmental and economic benefits and an important step in continuing to monetize the value of this unique asset. However, we believe that the final 45V implementation rules are overly restrictive across a range of feedstocks and do not currently appear to create sufficient economic incentives for the Company to expand its CMM capture operations for hydrogen end use. "Notwithstanding the specifics of the 45V rule, the Company intends to utilize this important validation of the product to pursue other incentive pathways for CMM volumes including voluntary markets, other tax incentives, and compliance program commercial opportunities that recognize waste mine methane capture." About CNX Re
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News
- CNX Issues Statement on Section 45V Hydrogen Production Tax Credit Implementation GuidancePR Newswire
- Here's What Lifted CNX Resources Corporation (CNX) in Q3 [Yahoo! Finance]Yahoo! Finance
- All You Need to Know About CNX Resources (CNX) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
- CNX Resources Co. (NYSE: CNX) was downgraded by analysts at Mizuho from a "neutral" rating to an "underperform" rating. They now have a $38.00 price target on the stock, up previously from $33.00.MarketBeat
- CNX Resources Corporation (CNX) Benefitted From Falling Interest Rate [Yahoo! Finance]Yahoo! Finance
CNX
Earnings
- 10/24/24 - Beat
CNX
Sec Filings
- 12/26/24 - Form 4
- 12/5/24 - Form 8-K
- 11/14/24 - Form SC
- CNX's page on the SEC website