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Country
US
Industry
Materials
Market Cap
Small Cap
Num. Employees
1860
IPO Date
Nov 14, 2017
Country
US
Industry
Materials
CONSOL Energy, Inc. engages in the production of bituminous coal which focuses on the extraction and preparation of coal in the Appalachian Basin. The company is headquartered in Canonsburg, Pennsylvania and currently employs 1,860 full-time employees. The company went IPO on 2017-11-14. The firm owns and operates longwall mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex, located approximately 26 miles southwest of Pittsburgh, near the city of Washington. The Pennsylvania Mining Complex consists of Bailey Mine, Enlow Fork Mine, Harvey Mine, Centralized Coal Processing facility and Train Loadout facility. The firm operates through two segments: the PAMC and the CONSOL Marine Terminal. The PAMC segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine and a centralized preparation plant. The PAMC segment’s principal activities include the mining, preparation and marketing of bituminous coal, sold primarily to power generators, industrial end-users and metallurgical end-users. The CONSOL Marine Terminal segment provides coal export terminal services through the Port of Baltimore.
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Yahoo
50%
zacks.com
16.67%
SeekingAlpha
16.67%
Others
16.67%
Despite a drop in coal production, expected export volume improvements in 2024 are likely to boost the prospects of coal stocks like Peabody Energy BTU.
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