sector: Energy ·
industry: Coal ·
As of
24 Nov 2009
46.29USD
CONSOL Energy Inc. (CONSOL Energy) is a multi-fuel energy producer and energy services provider that primarily serves the electric power generation industry in the United States. During the year ended December 31, 2008, the Company produced high-Btu bituminous coal from 17 mining complexes in the United States. CONSOL Energy has two principal business units: Coal and Gas. The principal activities of the Coal unit are mining, preparation and marketing of steam coal, sold primarily to power generators and metallurgical coal, sold to metal and coke producers. The Coal unit includes four segments: Northern Appalachian, Central Appalachian, Metallurgical and Other Coal. The principal activity of the Gas unit is to produce pipeline-quality methane gas for sale primarily to gas wholesalers.
BRIEF: For the nine months ended 30 September 2009, CONSOL Energy Inc.'s revenues decreased 1% to $3.38B. Net income increased 49% to $396.5M. Revenues reflect a decrease in the income from outside sales. Net income was offset by an improved operating margins, lower cost ofgoods sold, a decreased gas royalty interest costs, lower purchased gas costs, a decrease in the freight expenses and lower interest expenses.
CONSOL Energy Inc.
1000 CONSOL Energy Drive
Canonsburg PA 15317
P: +1724.4854000
F: +1724.4854833