CNX Resources Corporation, formerly named Consol Energy Inc, announced today that it has completed the spin-off of Consol Energy Inc., formerly named CONSOL Mining Corporation, creating two publicly-traded companies--a natural gas exploration and production company and a coal company. Today marks the first day of post-separation trading in each [...]
S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: Consol Energy has announced a plan to spin out its coal business on a 1-for-8 basis to a new company named CONSOL Mining Corp. The spinout company will be added to the S&P/TSX Global Mining Index effective at the open of trading on [...]
Separation will occur by means of a distribution to CONSOL stockholders of 100% of the outstanding shares of Coal Company PITTSBURGH, Oct. 31, 2017 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) (CONSOL or the Company) announced today that its board of directors has given final approval of the Company's previously announced separation into two [...]
PITTSBURGH, Oct. 30, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended September 30, 2017. Third Quarter 2017 Results Highlights of the CNXC third quarter 2017 results include: Cash distribution of $0.5125 per limited partner unit Net income of $3.6 million Adjusted EBITDA1 [...]
PITTSBURGH, Oct. 26, 2017 /PRNewswire/ -- The Board of Directors of CNX Coal Resources GP LLC, the general partner of CNX Coal Resources LP (NYSE: CNXC), today announced a cash distribution $0.5125 per unit to all limited partner unitholders and the holder of the general partner interest. The distribution to all unitholders of the Partnership will [...]
PITTSBURGH, Oct. 16, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) will issue its third quarter earnings release after the market close on Monday, October 30. This will be followed by a conference call hosted by members of the management team at 5:00 p.m. Eastern Time. The webcast will be accessible on the 'Investor Relations' page of the [...]
PITTSBURGH, Sept. 18, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) announced today that the Pennsylvania Department of Environmental Protection (DEP) is requiring more time to evaluate the approval of the Bailey mine permit for the 4L panel, and as a result, the company has decided to move the longwall to another panel in order to resume [...]
PITTSBURGH, Sept. 6, 2017 /PRNewswire/ -- Today, CNX Coal Resources LP (NYSE:CNXC) and OMNIS Bailey, LLC (OMNIS), announced a partnership to build a first-of-a-kind solid energy refinery. The refinery will be used for processing waste coal at CONSOL's Bailey Mine Complex and converting it into high-quality, Clean Carbon Fuel (CCF). A pilot plant [...]
PITTSBURGH, Sept. 5, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC), announced today that it is adjusting its previously announced 2017 guidance ranges based on the third quarter results to date and expectations for the rest of the year. The revised 2017 outlook is as follows: Adjusted EBITDA1 of $95-$105 million Capital expenditure of [...]
PITTSBURGH, July 31, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended June 30, 2017. Second Quarter 2017 Results Highlights of the CNXC second quarter 2017 results include: Cash distribution of $0.5125 per limited partner unit Net income of $11.5 million Adjusted EBITDA1 [...]
PITTSBURGH, July 27, 2017 /PRNewswire/ -- The Board of Directors of CNX Coal Resources GP LLC, the general partner of CNX Coal Resources LP (NYSE: CNXC), today announced a cash distribution $0.5125 per unit to all limited partner unitholders and the holder of the general partner interest. The Board of Directors has also approved a full cash [...]
Consol Energy announced today the filing of a registration statement on Form 10 with the U.S. Securities and Exchange Commission (SEC), an important milestone in the Company's previously announced plan to separate Consol Energy into two publicly-traded companies: a coal company and a natural gas exploration and production company. The spin-off [...]