Consol Energy

[11] Despite the cost of coal dropping in the 1990s, Consol's long-term contracts and investments in longwall mining techniques allowed the company to remain competitive.

Due to uncertainty surrounding demand for coal in the early 2000s, Consol began to place a greater emphasis on diversification, primarily into natural gas.

Consol's first major natural gas investment was through the acquisition of MCN Energy Group Inc.'s methane reserves in southwestern Virginia for $160 million.

Consol also acquired all of the remaining publicly owned shares of CNX Gas for a cash payment of $991 million.

The first, an agreement with Noble Energy was to jointly develop the company's 663,350 Marcellus Shale acres in Pennsylvania and West Virginia.

Officially announced on November 29, 2017, this move marked the start of Consol Energy Inc. operating as an independent, publicly traded company.

[7] Shares of Core Natural Resources started trading on January 15, 2025 on the New York Stock Exchange under the ticker symbol "CNR" the following day.

With the acquisition of the exploration and production business of Dominion Resources in 2010, the company has access to over 3.7 trillion cubic feet of proved clean-burning natural gas reserves in Pennsylvania, West Virginia and Ohio, including coalbed methane and shale beds.

[26] Consol's Baltimore Marine Terminal provides coal transshipment services from rail cars to ocean transport ships.

[27][28] Consol also maintained the Fairmont Supply Company, dedicated to the sale and distribution of mining services and equipment.

Additionally, the company operates the largest privately owned research and development facility in the industry that is devoted exclusively to coal and energy utilization and production.

While state officials attributed the fish kill to a golden algae bloom, an investigation by the Environmental Protection Agency claimed that mining discharges from Consol Energy's Blacksville No.

[37] Additionally, Consol maintains ongoing environmental efforts aimed at restoring and enhancing property managed by the company and has worked with conservation groups including Ducks Unlimited and the National Wild Turkey Federation on habitat restoration efforts.

[38] An ad by the National Rifle Association of America critical of President Barack Obama that was filmed on Consol's Blacksville No.

[39] The National Rifle Association intended to ask miners the question "How do you feel about having your Second Amendment rights taken away if Obama becomes president."

In the first quarter of 2010, Consol spent $1.02 million in lobbying expenses on issues relating to the coal mining and natural gas industries.

Table of Cumberland Coal Trade Production 1865
Boat formerly operated by Consol Energy passing downtown Pittsburgh , PA.