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Stock Market & Financial Investment News

News Breaks
January 28, 2013
09:32 EDTCNXCONSOL Energy selects Linde to power drilling, hydraulic facturing operations
Linde North America announced that CONSOL Energy has contracted with Linde to supply LNG and related equipment and services for all of its operations in the Marcellus and Utica basins. This new agreement follows successful completion of a trial conducted by the two companies using Linde’s LNG to replace some of the diesel fuel used to power the diesel engines that drive drilling rigs. Under the new agreement, Linde’s LNG solution will be used to power gas drilling for CONSOL and may also be expanded to applications such as hydraulic fracturing, mining and marine operations.
News For CNX From The Last 14 Days
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December 17, 2014
11:29 EDTCNXJoy Global sees U.S coal market to be challenged in 2015
Joy Global says U.S. coal exports are likely to decline this year. Falling gas prices attributable to warmer weather will result in a switch to gas for electricity production. Publicly traded companies in the coal space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT).
December 11, 2014
08:46 EDTCNXCONSOL should be bought at current levels, says Sterne Agee
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08:38 EDTCNXCONSOL MLP could add $3-$9 per share, says FBR Capital
FBR Capital believes a thermal coal master limited partnership could potentially add $3 to $9 of share value to CONSOL. FBR values the company's thermal coal assets at around $4.1B. It keeps an Outperform rating on CONSOL after the company announced plans to pursue the creation of an MLP.
December 10, 2014
16:39 EDTCNXCONSOL sees transactions achieving four objectives
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16:37 EDTCNXCONSOL announces $250M share repurchase program
CONSOL Energy announced that its board has approved a two-year share repurchase program of up to $250M.
16:36 EDTCNXCONSOL board authorizes management to pursue MLP formation
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December 9, 2014
10:09 EDTCNXCONSOL management to meet with FBR Capital
Meeting to be held in Kansas City on December 11 hosted by FBR Capital.
December 8, 2014
06:59 EDTCNXCONSOL removed from short-term buy list at Deutsche Bank
Deutsche Bank removed CONSOL from the short-term buy list due to an automatic six month demotion.

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