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What changed 10-K
Item 5. Market for Registrant’s Common Equity
2024-02-08 compared with 2023-02-09 · 1 added, 2 removed, 39 unchanged (7% of the section changed)
16 unchanged sentences
The Company's Credit Facility currently limits CNX's ability to pay dividends in excess of an annual rate of $0.10 per share when the Company's net leverage ratio exceeds 3.00 to 1.00 and is subject to availability under the Credit Facility of at least 20% of the aggregate commitments and there being no borrowing base deficiency.
−Removed: The Credit Facility does not permit
−Removed: such dividend payments when an event of default has occurred and is continuing.
+Added: The Credit Facility does not permit such dividend payments when an event of default has occurred and is continuing.
The indentures to the 7.25% Senior Notes due March 2027, the 6.00% Senior Notes due January 2029, and the 7.375% Senior Notes due January 2031 limit dividends to $0.50 per share annually unless several conditions are met.
21 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.