CNX Midstream Partners ‘re-evaluating’ capital allocation plans

A Canonsburg-based master limited partnership that owns and operates natural gas pipelines and other gathering assets said Tuesday that it was re-evaluating its capital allocation as the entire energy industry looks to maneuver in an uncertain environment. But it said it was well-prepared.

CNX Midstream Partners LP (NYSE: CNXM), which shares a management team with natural gas producer CNX Resources Corp. (NYSE: CNX), said in a statement it was “re-evaluating its current capital allocation opportunities…

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