Replies to This Discussion

Permalink Reply by searcherone on September 12, 2013 at 4:05pm

Am hearing same rumor from coal miners in Consol mine;  say a mine owner from Illinois has visited mines checking them out;   guess time will tell if it is rumor or fact.

• ▶ Reply

Permalink Reply by JR on September 13, 2013 at 7:57am

They promoted a bunch of their CNX division leadership maybe 6-8 months ago, after the former CONSOL top dogs "retired." Wouldn't surprise me if they're shifting strategy toward drilling/cleaner energy as it seems that's the direction the industry is moving. Also lots of resources for drilling right in their back yard. I just wish they weren't so slow and quiet.

• ▶ Reply

Permalink Reply by farmgas on October 2, 2013 at 5:46am

Any update on rumors of Consol mines being sold?   If so, when, and how will the sale impact the natural gas side of the company?

• ▶ Reply

Permalink Reply by owner on October 2, 2013 at 8:18am

I have heard the rumor that Ben Statler and Murray are looking to buy CONSOL's mines.   Consol would like to separate their coal and gas portions, coal has been a drag on the stocks performance.  They were separated about 8 years ago but Consol repurchased CNX gas after a previous separation.

• ▶ Reply

Permalink Reply by farmgas on October 14, 2013 at 12:03am

Any updated news for Consol Energy?

• ▶ Reply

Permalink Reply by TM on October 14, 2013 at 6:56am

Here is a new article on Consol and possible coal asset sales

http://seekingalpha.com/article/1743542-a-few-things-to-consider-as...

Here is another article
http://blogs.barrons.com/stockstowatchtoday/2013/10/14/consol-energ...

• ▶ Reply

Permalink Reply by farmgas on October 14, 2013 at 10:51pm

Rumors are that a public announcement will be made following October 30 board meeting.

• ▶ Reply