CONSOL Prepares to Spin Off Coal Business, Focus on Natural Gas as it Adapts to Market Realities
SUGAR LAND--July 14, 2017--Researched by Industrial Info Research (Sugar Land, Texas)--CONSOL Energy Incorporated (NYSE:CNX) (Pittsburgh, Pennsylvania) took an important stride earlier this week in its plan to split into two publicly traded companies: a coal company and a natural gas exploration and production (E&P) company. CONSOL Mining Corporation, a subsidiary that will comprise the coal business at the time of the spin-off, filed a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC). Industrial Info is tracking $322 million in active projects involving CONSOL.
Within this article: Details on CONSOL's active projects in the coal and natural gas sectors.
