CONSOL Continues Transition, Sells Another $101M in Coal Assets

transformFor those of us who concentrate on the natural gas (and oil) industry, it’s sometimes easy to forget that CONSOL Energy, with major drilling operations in the Marcellus and Utica Shale, began life and is still one of the country’s largest coal companies. We’ve been telling you for years that the company is transitioning from being a coal company to being a natgas company (see CONSOL CEO: Company Transitioning to “More of a Gas Company”). The transition continues. Yesterday CONSOL announced it has sold off more of its coal mining assets for a tidy $101 million…

Please Login to view this content. (Not a member? Join Today!)
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.