What does a dirty-fuel player like Consol want with a clean-burning fuel like natural gas?
Nick DeIuliis, President of Consol Energy, a coal and natural gas producer based in Canonsburg, Pa.
This morning my eyes find Consol Energy (CNX) as a bullish setup that looks ripe for follow through.
Through managed accounts and three mutual funds, Southeastern holds positions in companies like Loews, Directv, FedEx and Consol Energy.
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So Consol has experience drilling into coal seams to vent and flare gas.
Finally, CONSOL Energy and Peabody Energy are big beneficiaries of the convergence of high sulfur and low coal pricing.
There's a statue outside Consol Energy Center commemorating a similar goal by Hall of Famer and team co-owner Mario Lemieux.
He anticipates that Consol will send about six million metric tons of this type of coal to China next year.
These Chinese holdings are followed closely by U.S. producers, Consol Energy and Peabody Energy and mining equipment company Joy Global.
Consol, which is based in Pittsburgh, is planning six to seven well pads on airport property and 45 to 50 wells.
For instance, Arch Coal and Consol Energy, the second-largest and fourth-largest U.S. producers, through 2002 plan no increases in spending on new capital equipment.
Consol Energy, is expected to produce about 65 million metric tons in 2010, out of which 7.6 million will be metallurgical coal.
Last year Consol also leased 20, 000 Marcellus acres from NiSource Energy Ventures.
Consol and other U.S. coal companies hope to be able to keep mines active by exporting more of the country's huge reserves.
Massey competes with companies like Peabody Energy, Arch Coal and CONSOL Energy.
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In 1751 Henry Pelham's Whig government pulled together the lessons learnt on bonds to create the security of the century: the 3% consol.
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For instance, Arch Coal and Consol Energy, the second- and fourth-largest U.S. producers, don't plan to increase spending on new capital equipment through 2002.
The two rattled the boards at Consol Energy Center with a series of collisions, some of them legal, some of them not so much.
Sam Kirby, from Consol Sun centre, which represents the UK's biggest coin-operated sunbed salons, said that the company told customers how to tan responsibly.
Yet if Consol can crack the sequestration nut, the whole energy industry might benefit from using old coal mines to suck up their dirty emissions.
Pittsburgh has allowed just one goal to the Islanders in the last 10 periods played at Consol Energy Center, outscoring the Islanders 14-1 over that span.
In 2007 Consol bought rights to develop coal-bed-methane on 1 million acres controlled by rival coal giant Peabody Energy, and formed a smaller partnership with Massey Energy.
Thomas Vanek scored twice, Ryan Miller stopped 40 shots and Buffalo edged Pittsburgh 4-2 on Tuesday night for its second win at Consol Energy Center in as many visits.
In Marshall County, West Virginia, Consol has begun work on a field test to determine the viability of injecting carbon dioxide permanently into coalbed methane wells 1, 500 feet underground.
Coal stocks are in the green on Wednesday after Consol Energy ( CNX) reported better than expected coal production in the first quarter and raised its annual coal target.
Several bankruptcies are possible with the exceptions of Consol Energy and Peabody Energy who are leveraged, but carry sufficient wherewithal to get through at least four years of famine.
Among the largest underlying components of KOL, in trading today CONSOL Energy Incorporated ( CNX) is off about 5.1%, and Joy Global Incorporated ( JOYG) is lower by about 3.6%.
In the fourth quarter of last year, Consol produced 0.9 million metric tons of this coal, according to its earnings report, largely from its Bailey Mine in West Finley, Pa.
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