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Tuesday, March 13, 2018

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CNX CONSOL Energy Inc. gains 27% Mar 13, 2018

CONSOL Energy Inc., together with its subsidiaries, operates as an integrated energy company in the United States and internationally. The company primarily operates through two divisions, Exploration and Production (E&P), and Pennsylvania (PA) Mining Operations. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 413,000 net Marcellus Shale acres; and 683,000 net acres of Utica Shale, as well as owns rights to extract coalbed methane (CBM) in Virginia from approximately 268,000 net CBM acres, which cover a portion of its coal reserves in Central Appalachia. It also owns rights to extract natural gas from shallow oil and gas positions in Illinois, Indiana, Kentucky, Pennsylvania, West Virginia, Virginia, and New York from approximately 766,000 net acres; 95,000 net acres of Chattanooga Shale; and 503,000 net acres of Huron Shale potential in Kentucky, West Virginia, and Virginia, as well as provides midstream gas services. The PA Mining Operations division engages in mining, preparation, and marketing of thermal coal primarily to power generators; and metallurgical coal. The company also provides energy services, including coal terminal services, water services, and land resource management services. CONSOL Energy Inc. was founded in 1864 and is headquartered in Canonsburg, Pennsylvania. http://www.priceseries.com/trade/CNX-CONSOL-Energy-Inc-stock-gains-27-percent-a-Trade-Record-by-priceSeries-2018021220180313.html

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