Tag Archives: CNX Coal Resources

Consol Energy Deconsolidates, Spins Off Coal Assets and Becomes CNX Resources

The election of the Trump administration seemingly brought new life to the coal industry and the companies still operating in the space are taking full advantage. One example is Consol Energy’s (CNX) plan to spinoff its coal assets in order to create a gas focused E&P company. The spinoff was formally approved by its board of directions last month and… Read More »

Old King Coal? Consol Energy’s(CNX) Coal Separation A ‘Top Strategic Priority’ For 2017

Despite our new President publicly pledging his support for the coal industry, Consol Energy (CNX) is still looking at ways to fully shed its exposure to the commodity. The company sold off a number of its mines in 2016 and the only thing keeping it from being a pureplay E&P entity is its Pennsylvania mining interests. In its… Read More »