CONSOL Energy Company Description
Consolation prizes don't interest CONSOL Energy. CONSOL is one of the US's largest coal mining companies, along with Peabody Energy and Arch Coal. The company has some 4.5 billion tons of proved reserves, mainly in northern and central Appalachia and the Illinois Basin, and produces about 65 million tons of coal annually. CONSOL primarily mines high BTU coal, which burns cleaner than lower grades. Customers include electric utilities and steel mills; Allegheny Energy is its largest customer by far. CONSOL delivers coal using its own railroad cars, export terminals, and fleet of towboats and barges. The company also engages in natural gas exploration and production; its proved reserves total 1.3 trillion cu. ft.
View the Comprehensive Company Description for CONSOL Energy
The Company Description provides a historical perspective of CONSOL Energy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of CONSOL Energy's evolution in the marketplace.
