CONSOL Prepares to Spin Off Coal Business, Focus on Natural Gas as it Adapts to Market Realities
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.
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