|04/26/16||CONSOL Energy Reports First Quarter Results; Record Quarterly E&P Production of 97.5 Bcfe; Total E&P Division Cash Costs of $1.33 Per Mcfe; Borrowing Base Reaffirmed at $2 billion; Liquidity Increases to $1.3 billion|
|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 loss attributable to CONSOL Energy shareholders of $98 million or ($0.43) per diluted share.
(Dollars in thousands)
Q1 2016... |
|04/07/16||CONSOL Energy Announces the Retirement of Chief Commercial Officer James C. Grech|
|No Successor to be Appointed Due to Corporate Reorganization
PITTSBURGH, April 7, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) 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 functions within its natural gas e... |
|04/04/16||CONSOL Energy Announces First Quarter 2016 Earnings Release and Conference Call Schedule|
|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, www.consolenergy.com. Also, earnings call slides will be available at 6:45 a.m. Eastern Time on Tuesday, April 26, on the 'Investor Relations' page of the company's websi... |
|04/01/16||CONSOL Energy Closes on Sale of the Buchanan Mine and other Coal Assets to Coronado for Total Consideration of $420 Million|
|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 cash paid at the closing.
About CONSOL Energy
CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of natural gas and coal. The company ... |
|02/29/16||CONSOL Energy Enters into Agreement to Sell its Buchanan Mine For Total Consideration of $420 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 Coronado IV LLC for total consideration to CONSOL of $420 million, including $398 million cash payable at the closing. The transaction is not ... |
|02/08/16||CONSOL Energy Announces the Nomination of Bernard Lanigan, Jr., Joseph P. Platt and Edwin S. Roberson for Election to its Board of Directors at its 2016 Annual Shareholders Meeting|
|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 also announced today the election of William N. Thorndike, Jr. as Chairman of the Board effective immediately upon the conclusion of the annual meetin... |
|02/05/16||CONSOL Energy Announces E&P Division Proved Reserves of 5.6 Tcfe; Proved Developed Reserves Increase By 16%; Adds 934 Bcfe from Drilling in 2015; Replaces 284% of 2015 Production|
|PITTSBURGH, Feb. 5, 2016 /PRNewswire/ -- During 2015, CONSOL Energy Inc. (NYSE: CNX) added 934 Bcfe (net to CONSOL) 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 2015 production, when considering increases from extensions and discoveri... |
|02/01/16||CONSOL Energy Declares Regular Quarterly Dividend of $0.01 per Share|
|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 independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian ba... |
|01/29/16||CONSOL Energy Reports Fourth Quarter Results; Net Income of $30 million, or $0.13 per Diluted Share; Second Pennsylvania Dry Utica Shale Well (GH 9) 24-Hour Initial Production (IP) Rate of 61.9 MMcf per Day; Total E&P Division Cash Costs Fall to $1.40 Per Mcfe; Total Coal Division Cash Costs Fall to $34 Per Ton|
|PITTSBURGH, Jan. 29, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) 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 less interest income), income taxes and depreciation, depletion and amortization (EBITDA), ... |
|01/06/16||CONSOL Energy Announces Updated 2016 Capital Budget and Operational Forecast; Revised 2016 E&P Division Capital Budget of $205-$325 Million; Annual 2016 E&P Production Growth of Approximately 15%; Total 2016 Coal Sales Volumes of 27.0-32.0 Million Tons|
|PITTSBURGH, Jan. 6, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) 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 are comprised of the following: $110-$210 million for drilling and completio... |
|01/04/16||CONSOL Energy to Participate at the Goldman Sachs Global Energy Conference 2016|
|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&P Division, Timothy C. Dugan, will meet with investors at the conference. Also, on Thursday, January 7, 2016 at 11:00am ET, Mr. DeIuliis will particip... |