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Consol Energy (CNX)

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CONSOL Energy News Release

A Collection of CONSOL Energy News Release

CONSOL Energy Earns Virginia Reclamation Award
Thursday May 3rd 2012 09:02:02 AM

PITTSBURGH, May 3, 2012 /PRNewswire/ -- CONSOL Energy (NYSE: CNX) was awarded the 2011 Best Completed Deep Mine Award from the Virginia Division of Mined Land Reclamation and the Virginia Mining Association (VMA) for reclamation of its Consolidation Coal Company E-2 mine in Buchanan County, Va. (Logo: http://photos.prnewswire.com/prnh/20120416/NE87957LOGO ) The award, presented during the VMA's 41st annual meeting and awards banquet in Norton, Va., March 31, recognizes CONSOL Energy for its reclamation efforts at the 38 acre E-2 site.  To be eligible for the award, a site must be recommended by an inspector with the Virginia Department of Mines Minerals and Energy. Wayne Hankins ...

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CONSOL Energy Declares Regular Quarterly Dividend of $0.125 per Share
Friday April 27th 2012 08:24:45 AM

PITTSBURGH, April 27, 2012 /PRNewswire via COMTEX/ --CONSOL Energy Inc.'s (NYSE: CNX) Board of Directors declared a regular quarterly dividend of $0.125 per share, payable on May 25, 2012, to shareholders of record on May 11, 2012. CONSOL Energy Inc., the leading diversified fuel producer in the Eastern U.S., is a member of the Standard & Poor's 500 Equity Index and the Fortune 500. It has 12 bituminous coal mining complexes in four states and reports proven and probable coal reserves of 4.5 billion tons. It is also a leading Eastern U.S. gas producer, with proved reserves of 3.5 trillion cubic feet. Additional information about CONSOL Energy can be found at its web site: www.console...

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CONSOL Energy Reports First Quarter Results; Blacksville and Buchanan Longwalls Scheduled for May 1 Re-Start
Thursday April 26th 2012 07:04:43 AM

PITTSBURGH, April 26, 2012 /PRNewswire via COMTEX/ --CONSOL Energy Inc. (NYSE: CNX), the leading diversified fuel producer in the Eastern United States, reported net income for the quarter ended March 31, 2012 of $97 million, or $0.42 per diluted share, compared to $192 million, or $0.84 per diluted share from the year-earlier quarter. EBITDA(1), a non-GAAP financial measure, was $324 million for the quarter ended March 31, 2012. This compared to $466 million in the year-earlier quarter. (Logo: http://photos.prnewswire.com/prnh/20120416/NE87957LOGO ) "We have been managing our way through this challenging environment," commented J. Brett Harvey, chairman and CEO. "The very warm winter,...

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CONSOL Energy Announces Operations Update; Coal Division Produces 15.7 million tons in Quarter; Gas Division Produces 37.7 Bcf in Quarter, up 13% (Adjusted) from Year-Earlier Quarter
Monday April 16th 2012 04:17:14 PM

PITTSBURGH, April 16, 2012 /PRNewswire via COMTEX/ --CONSOL Energy Inc. (NYSE: CNX), the leading diversified fuel producer in the Eastern U.S., is providing an operations update for the quarter ended March 31, 2012. (Logo: http://photos.prnewswire.com/prnh/20120416/NE87957LOGO ) "CONSOL's mines and gas operations continued to run well during the quarter." commented J. Brett Harvey, chairman and chief executive officer, "We have stated many times that our top value is safety. In the first quarter we saw significant progress company-wide in our relentless drive towards Absolute Zero accidents. At the same time we were enjoying this progress, we also suffered a crushing setback when a m...

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Onifer Recognized as Virginia Tech Distinguished Alumnus
Monday April 16th 2012 03:40:10 PM

PITTSBURGH, April 16, 2012 /PRNewswire via COMTEX/ --J. Michael Onifer, senior vice president of gas operations for CONSOL Energy (NYSE: CNX), was named a Distinguished Alumnus of Virginia Tech, Friday during the university's annual awards and scholarship banquet. Onifer, a 1978 graduate of Virginia Tech with a degree in mining engineering, has made his career with CONSOL Energy, having worked with the company for 34 years. Twenty-two years of that time was spent in coal operations management and the most recent 12 years have been spent in management on the gas side of CONSOL Energy's operations. The award was presented by Dr. Michael Karmis, the Stonie Barker Professor for the Departm...

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CONSOL Energy Publishes 2011 Corporate Responsibility Report
Monday March 26th 2012 04:16:06 PM

PITTSBURGH, March 26, 2012 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) today released its first Corporate Responsibility Report, which outlines activities undertaken in 2011.  The report highlights the company's efforts to promote transparency across all of its operations, including coal, natural gas, research and development and its support services; community-focused outreach efforts and philanthropic investments; and safety and environmental initiatives. "CONSOL Energy intends to publish this report annually. Our objective is to help all of our stakeholders—customers, employees, shareholders, communities, non-governmental organizations, regulators and others—better understand our ...

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CONSOL Energy Temporarily Idles Longwall Mining at Buchanan Mine
Tuesday March 6th 2012 07:01:18 AM

PITTSBURGH, March 6, 2012 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) today announced that it will idle its southwest Virginia Buchanan Mine longwall mining unit and reduce its continuous mining operating schedule to five days per week.  CONSOL Energy is responding to market conditions primarily as a result of increased inventories and decreased international demand for its metallurgical coal.  It is not known how long the Buchanan longwall mining operations will be idled, however CONSOL Energy expects production to be reduced by approximately 295,000 tons per month on this reduced schedule. CONSOL Energy is updating its sales guidance for the first quarter ended March 31, 2012 a...

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CONSOL Energy to Present at Raymond James Conference
Monday March 5th 2012 08:01:09 AM

PITTSBURGH, March 5, 2012 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) will present at the Raymond James 33rd Annual Institutional Investors Conference in Orlando on Wednesday, March 7, at 9:50 a.m. ET. Nicholas J. DeIuliis, president, will be representing CONSOL Energy. Slides will be available on the investor relations portion of the company's website: www.consolenergy.com. CONSOL Energy Inc., the leading diversified fuel producer in the Eastern U.S., is a member of the Standard & Poor's 500 Equity Index and the Fortune 500. It has 12 bituminous coal mining complexes in four states and reports proven and probable coal reserves of 4.5 billion tons. The company also has proved gas...

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CONSOL Energy Idles Longwall Mining at Blacksville No. 2 Mine
Tuesday February 28th 2012 04:06:19 PM

PITTSBURGH, Feb. 28, 2012 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) today announced that it will idle its Northern West Virginia Blacksville No. 2 longwall mining unit and reduce its continuous mining operating schedule to 4 days per week.  CONSOL Energy is responding to market conditions primarily as a result of mild winter weather and low natural gas prices.  In 2011, the Blacksville No. 2 Mine produced 4.3 million tons of coal utilizing a single longwall and 3 continuous mining units.  It is not known how long the Blacksville No. 2 longwall mining operations will be idled, however CONSOL expects monthly production to be reduced by approximately 400,000 tons per month...

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CONSOL Energy Operations Earn Top Two WV Safety Awards
Monday February 13th 2012 03:48:37 PM

Mountaineer Guardian Awards Earned by Four Additional Locations PITTSBURGH, Feb. 13, 2012 /PRNewswire/ -- CONSOL Energy Inc.'s (NYSE: CNX) Fola Surface and Robinson Run mines in West Virginia were recognized for their safety performance in 2011, receiving the top two safety awards given to a surface and an underground mine, respectively, through the West Virginia Mountaineer Guardian Awards program.  Four additional CONSOL Energy mine operations in West Virginia were also recognized for their outstanding safety efforts and were named recipients of Mountaineer Guardian awards during the 39th annual West Virginia Mining Symposium held earlier this month in Charleston, WV. CONSOL Energy'...

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