CONSOL Energy Amasses Big Acreage in Both Marcellus & Utica

CONSOL EnergyCONSOL Energy, which was once upon a time a coal company, is thanking its lucky stars it transitioned to being a mostly-natural gas drilling company instead. Yesterday the company’s stock hit a 52-week high. The reason? Because of CONSOL’s Marcellus/Utica drilling program. In a Zacks analyst note (below), we get an update on the aggressive moves CONSOL has been making in leasing new acreage. The company has now amassed 436,000 acres in the Marcellus and a whopping 622,000 acres in the Utica Shale. Here’s that update…

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