Friday, July 24, 2026

Marcellus Midstream Moves: CNX Resources Buys Noble’s 50% Interest in CONE Gathering for $305 Million in Cash

CNX Resources Corporation (ticker: CNX) has agreed to purchase Noble Energy, Inc.’s (ticker: NBL) 50% membership interest in CONE Gathering LLC for $305 million in cash. The agreement between Noble Energy and CNX also settles any and all claims between the two parties. In association with this transaction, Noble Energy has terminated its prior agreement to divest its entire Marcellus

ATX Energy Partners Secures $780 Million Private Equity Commitment

Successor to Brigham Resources secures private capital commitment from Warburg Pincus, Yorktown and Pine Brook ATX Energy Partners is a new E&P company that will be the successor to Brigham Resources. The line of equity financing of up to $780 million will be led by Warburg Pincus, Yorktown Partners and Pine Brook. The ATX headquarters will be in Austin, Texas