CNX Resources Corporation (NYSE:CNX) Q1 2022 Results Conference Call April 28, 2022 10:00 AM ET

Company Participants

Tyler Lewis - Vice President of Investor Relations

Nicholas DeIuliis - President and Chief Executive Officer

Don Rush - Chief Financial Officer

Chad Griffith - Chief Operating Officer

Olayemi Akinkugbe - Chief Excellence Officer

Conference Call Participants

Michael Scialla - Stifel

Leo Mariani - KeyBanc

Neal Dingmann - Truist

Noel Parks - Tuohy Brothers

Operator

Good day, and welcome to the CNX Resources First Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I’d now like to turn the conference over to Mr. Tyler Lewis. Mr. Lewis, please go ahead.

Tyler Lewis

Thank you, and good morning, everybody. Welcome to CNX's first quarter conference call. We have in the room today Nick DeIuliis, our President and CEO; Don Rush, our Chief Financial Officer; Chad Griffith, our Chief Operating Officer; and Olayemi Akinkugbe, our Chief Excellence Officer.

Today, we will be discussing our fourth quarter results. This morning we posted an updated slide presentation to our website. Also detailed first 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 1Q 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 in our press release today as well as in our previous Securities and Exchange Commission filings. We will begin our call today with prepared remarks by Nick and then we will open the call up for Q&A where Don, Chad and Olayemi will participate as well.

With that, let me turn the call over to you, Nick.

Nicholas DeIuliis

Thanks, Tyler. Hi everybody. I'm going to handle the commentary today as Tyler just said, I'm going to break it into two parts. First, let's have a review of our results for the first quarter and talk about some updated guidance looking forward and then I'll wrap with a couple of comments and maybe observations is actually a better term about our industry, the nation and the world today.

But starting first with our quarter, and our outlook into the future. CNX yet again, fortunately, repetitive music sounds great for ownership. That's because like the string of recent quarters, the past few years, we had yet another clean and easy to understand quarter, I'm going to review the quarter by running down the key components of the CNX sustainable business model or the SBM as we refer to it. And you can read more about our sustainable business model in our proxy, and our soon to be released corporate responsibility report, I encourage you, of course to do so.