PITTSBURGH, April 26, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) reported a net loss from continuing operations of $50 million for the quarter, or ($0.22) per diluted share. When including the loss from discontinued operations, net of tax, of $46 million, less net income attributable to noncontrolling interest, the company reported a net [...]
Consol Energy announced today that James C. Grech, Executive Vice President and Chief Commercial Officer, has retired. As a result of CONSOL's recent sale of the Buchanan Mine and other remaining metallurgical coal assets, the company has continued with its corporate reorganization efforts to further align the administrative and commercial [...]
PITTSBURGH, April 4, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) will issue its first quarter earnings release at 6:45 a.m. Eastern Time on Tuesday, April 26. This will be followed by a conference call at 10:00 a.m. Eastern Time. A live webcast will be available on the 'Investor Relations' page of the company's website [...]
PITTSBURGH, April 1, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it has closed on its previously announced agreement to sell the Buchanan Mine in southwestern Virginia and certain other metallurgical coal reserves to Coronado IV LLC for total consideration to CONSOL of $420 million in value, including $402.8 million [...]
Continues Transformation to Pure Play E&P Company; Transaction De-levers the Company and Strengthens Balance Sheet PITTSBURGH, Feb. 29, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it has entered into an agreement for the sale of its Buchanan Mine in southwestern Virginia and certain other metallurgical coal reserves to [...]
PITTSBURGH, Feb. 8, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today the nomination of Bernard Lanigan, Jr., Joseph P. Platt and Edwin S. Roberson to its Board of Directors for election at its annual meeting of shareholders scheduled for May 11, 2016. The other nominees include eight current members of the Board. The company [...]
During 2015, Consol Energy added 934 Bcfe of proved reserves through extensions and discoveries. As of December 31, 2015, total proved reserves were 5.6 Tcfe, which included 583 Bcfe, or 10.3%, of oil, condensate, and liquids. Marcellus Shale reserves account for 369 Bcfe, or 14.4%, of these heavier hydrocarbons. CONSOL Energy replaced 284% of its [...]
PITTSBURGH, Feb. 1, 2016 /PRNewswire/ -- Consol Energy Inc.'s (NYSE: CNX) Board of Directors declared a regular quarterly dividend of $0.01 per share, payable on March 3, 2016, to shareholders of record on February 16, 2016. CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of natural gas and coal. The company is one of the largest [...]
Consol Energy reported net income attributable to CONSOL Energy shareholders of $30 million for the quarter, or $0.13 per diluted share. This is compared to net income attributable to CONSOL Energy shareholders of $74 million, or $0.32 per diluted share from the year-earlier quarter. Earnings before deducting net interest expense (interest expense [...]
Consol Energy announced today an updated 2016 capital expenditure and operational forecast for the E&P and Coal Divisions. In 2016, the E&P Division expects capital expenditures of $205-$325 million, which is $185 million lower than the previous guidance of $400-$500 million, based on the midpoint of the guidance. E&P Division capital expenditures [...]
PITTSBURGH, Jan. 4, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it will participate in the Goldman Sachs Global Energy Conference 2016 in Miami, Florida on Wednesday and Thursday, January 6-7, 2016. CONSOL Energy's President and Chief Executive Officer, Nicholas J. DeIuliis, and Chief Operating Officer of the E& [...]
Consol Energy announced today that it signed several term coal deals totaling 10.8 million tons over a 3-year period. These agreements, along with 650 thousand tons of additional commitments for 2016, increase CONSOL's Pennsylvania Operations 2016, 2017, and 2018 sold positions to 93%, 61%, and 49%, respectively, assuming the midpoint of the [...]
