CNX Resources Corp (NYSE:CNX) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET

Company Participants

Tyler Lewis - VP, IR

Nicholas DeIuliis - President, CEO & Director

Alan Shepard - CFO

Chad Griffith - EVP & COO

Conference Call Participants

Zachary Parham - JPMorgan Chase & Co.

Leo Mariani - MKM Partners

Neal Dingmann - Truist Securities

Noel Parks - Tuohy Brothers

Operator

Good morning, and welcome to the CNX Resources Third Quarter 2022 Earnings Conference Call. [Operator Instructions]. 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

Thank you, and good morning to everybody. Welcome to CNX's third quarter conference call. We have in the room today Nick Deiuliis, our President and CEO; Alan Sheppard, our Chief Financial Officer; and Chad Griffith, our Chief Operating Officer.

Today, we will be discussing our third quarter results. This morning, we posted an updated slide presentation to our website. Also detailed third quarter earnings release data such as quarterly E&P data, financial statements and non-GAAP reconciliations are posted to our website in a document titled 3Q 2022 earnings results and supplemental information of CNX Resources.

As a reminder, any forward-looking statements we make or comments about future expectations are subject to business risks, which we have laid out for you today in our press release as well as in our previous Securities and Exchange Commission filings.

We will begin our call today with prepared remarks by Nick, followed by Alan, and then we will open the call up for Q&A where Chad will participate as well. With that, let me turn the call over to you, Nick.

Nicholas DeIuliis

Thanks, Tyler, and good morning, everybody. Thanks for joining us. Before we kick things over to Alan, who's going to discuss the third quarter financial results in detail, I want to provide a couple of thoughts talking about the macro backdrop and how CNX is continuing to position itself uniquely, not just among energy companies, but I think also when you look across the broader equity markets.

So if you go back 90 days or so ago, during the second quarter call, we talked in depth about the world's growing demand for responsible energy development and how natural gas that's sourced from Appalachia is an essential catalyst fuel in delivering that future. And we laid out our vision with Appalachia being the heart of a sustainable energy revolution, and we talk about the numerous opportunities that CNX is developing to leverage our existing asset base and core competencies to create significant free cash flow opportunities for our ownership beyond what you'll see with the free cash flow from our core gas development activities.