CONSOL Energy Inc. and CONSOL Coal Resources LP provided the following operational update today: Resuming operations at Bailey Mine On March 30th, we announced the temporary curtailment of production at the Bailey Mine due to two employees testing positive for COVID-19. As of April 13th, the workforce at the Bailey Mine has returned to a normal production schedule. Enhanced sanitization and social distancing measures [...]
During the first quarter of 2020, CONSOL Energy Inc. took several steps to reduce its outstanding indebtedness, enhance liquidity and supplement access to capital. On the liability management front, CEIX repurchased in the open market approximately $43 million of its Second Lien debt that continued to trade at a significant discount to its par value. These repurchases provide a high rate of return and are credit [...]
CONSOL Energy Inc. and CONSOL Coal Resources LP ?provided the following update regarding operations at the Bailey Mine and its response to positive COVID-19 cases: Late last week, we were made aware that two employees at the Bailey Mine tested positive for COVID-19. Both employees are being asked to self-isolate for 14 days. The Pennsylvania Department of Health and the Mine Safety and Health Administration have been [...]
CONSOL Coal Resources LP has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission . CCR makes available, free of charge, on its website at www.ccrlp.com, its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to the Securities Exchange Act of 1934 as soon [...]
Today, CONSOL Coal Resources LP reported financial and operating results for the quarter and year ended December 31, 2019. Fourth Quarter 2019 and Full Year 2019 Highlights Include: Cash distribution of $0.5125 per limited partner unit for 4Q19; Net income of $9.0 million and $45.6 million for 4Q19 and 2019, respectively; Adjusted EBITDA1 of $23.6 million and $99.4 million for 4Q19 and 2019, respectively; Distribution [...]
The Board of Directors of CONSOL Coal Resources GP LLC, the general partner of CONSOL Coal Resources LP , today announced a cash distribution of $0.5125 per unit to all limited partner unitholders and the related cash distribution to the holder of the general partner interest. The distribution to all unitholders of the Partnership will be made on February 14, 2020 to such holders of record at the close of business on [...]
CONSOL Energy Inc. and CONSOL Coal Resources LP will each issue its fourth quarter earnings release before the market opens on Tuesday, February 11, 2020. These releases will be followed by a joint conference call hosted by members of the management team at 11:00 a.m. Eastern Time. A live webcast will be accessible on the 'Investor Relations' page of each website, www.consolenergy.com and www.ccrlp.com. An archive of the [...]
CONSOL Coal Resources LP today reported financial and operating results for the quarter ended September 30, 2019. Third Quarter 2019 Results Include: Cash distribution of $0.5125 per unit; Net income of $7.0 million; Adjusted EBITDA1 of $20.0 million; Distribution coverage ratio1 of 0.6x; Net leverage ratio1 of 1.6x; Strongest third quarter production in the history of the Pennsylvania Mining Complex ; and Maintaining [...]
The Board of Directors of CONSOL Coal Resources GP LLC, the general partner of CONSOL Coal Resources LP , today announced a cash distribution of $0.5125 per unit to all limited partner unitholders and the related cash distribution to the holder of the general partner interest. The distribution to all unitholders of the Partnership will be made on November 15, 2019 to such holders of record at the close of business on [...]
CONSOL Energy Inc. and CONSOL Coal Resources LP will each issue its third quarter earnings release before the market opens on Tuesday, November 5, 2019. These releases will be followed by a joint conference call hosted by members of the management team at 11:00 a.m. Eastern Time. A live webcast will be accessible on the 'Investor Relations' page of each website, www.consolenergy.com and www.ccrlp.com. An archive of the [...]
CONSOL Coal Resources LP today reported financial and operating results for the quarter ended June 30, 2019. Second Quarter 2019 Results Include: Cash distribution of $0.5125 per unit; Net income of $14.4 million; Adjusted EBITDA1 of $27.6 million; Distribution coverage ratio1 of 1.2x; Net leverage ratio1 of 1.6x; and Increased 2020 contracted coal sales volume to 80%. Management Comments "While commodity markets have [...]
The Board of Directors of CONSOL Coal Resources GP LLC, the general partner of CONSOL Coal Resources LP , today announced a cash distribution of $0.5125 per unit to all limited partner unitholders and the related cash distribution to the holder of the general partner interest. The distribution to all unitholders of the Partnership will be made on August 15, 2019 to such holders of record at the close of business on August [...]
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