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Consol Energy widens third-quarter loss, drives down costs

By: Henry Lazenby US coal and gas producer Consol Energy has widened its third-quarter net loss to $63.65-million, or $0.28 a share, from a net loss of $11.36-million, or $0.05 a share, despite driving down production costs and increasing output in both its natural gas and coal divisions. During the three months... 

Consol Energy posts Q3 loss as mine idlings take toll

By: Henry Lazenby US-based coal miner Consol Energy on Thursday reported a 106.5% drop in income during the third quarter as a number of planned and unplanned mine idlings impacted on the company’s financial performance. The Eastern US-focused company reported a net loss for the quarter ended September 30 of... 

Consol hikes 2012 budget, CEO warns of uncertainty

By: Matthew Hill Pittsburgh-based Consol Energy plans to spend $1.7-billion during 2012, $300-million more than last year’s figure, with coal accounting for the biggest chunk after gas, the company said on Tuesday. Of the total, Consol allocated $755-million to gas, the lion's share of which will go towards... 

Consol earnings rise

By: Liezel Hill US coal and gas producer Consol Energy increased adjusted net income 69% year-on-year, to $174-million, thanks to higher revenue and sales in its coal division. Consol Energy mines coal in Utah, Kentucky, Ohio, West Virginia, Virginia and Pennsylvania, and also produces and explores for natural... 

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