Quick Facts


About CONSOL Energy Inc.

 

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CONSOL's Founder

We Started Operations
in 1864.


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Since 1864 the company has produced more than 3.5 billion tons of coal.

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CNX Gas - a CONSOL Energy subsidary,
Is the largest producer of natural gas in the Appalachian Basin.

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CNX Gas - Operates more than 2,600 wells
connected by approximately 1,030 miles
of gathering lines and infrastructure.

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CONSOL Energy maintains a fleet of
26 towboats, ranging from 3200 to 600 HP
and more than 700 barges.

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We operate the largest private research and development facilities devoted exclusively to coal and energy utilization and production.

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We hold 4.5 billion tons
of proven and recoverable coal reserves,
second largest among U.S. coal producers.

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CNX Gas controls 1.4 trillion cubic feet of net, proven reserves of gas.

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CNX Gas produces a daily net of 245 million cubic feet per day of pipeline-quality coalbed methane for commercial use.

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In 2007, our river operations transported
21.7 million tons of coal,
including 7.3 million tons of coal produced
by CONSOL Energy operations.

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We employ nearly 8,000 people
across six states including, Kentucky, Ohio,
Pennsylvania, Utah, Virginia and West Virginia.

Year 2008 Highlights

Several records were set by CONSOL Energy Inc. during fiscal year 2008, including net income of $442.5 million (excluding the 2005 gas sale), operating cash flows of $1.0 billion and EBITDA of $1.1 billion. CNX Gas also set several records, including production of 76.6 billion cubic feet and net income of $239.1 million.

CONSOL Energy’s river division marked two million hours without a lost-time accident. The record occurred over a period of nearly two years.

CONSOL Energy Inc.’s export terminal in Baltimore celebrated its 25th anniversary.
During 2008, a total of 8.9 million tons of coal was shipped through the terminal, making the company the largest coal exporter in Baltimore. Thirty-four percent of that coal was produced by CONSOL Energy.

CNX Gas’ first horizontal Marcellus Shale well began producing at a rate of 6.5 million cubic feet (MMcf) per day in December. This is a daily production rate record for any well in company history.

Employees of CNX Gas worked more than 3.5 million man-hours without a lost-time incident, making the company the safest operator in the exploration and production industry.

A world record was set by CNX Gas for drilling the most cumulative feet with a single drill bit.

CNX Gas increased production by 32% in 2008. In addition, acreage acquisitions now total over 4.2 million gross acres; almost quadrupling in position from 1.1 million acres in 2005.

CONSOL Energy purchased the naming rights to the new arena for the Pittsburgh (Pa.) Penguins. CONSOL Energy Center is expected to open its doors in 2010.