CONSOL Energy: Coal and Gas 3 Overview of CONSOL Energy n Largest producer of high-Btu bituminous coal n Reserves located near installed base of coal-fired power plants in the Eastern U.S. n Achieved the following in 2008:…
Overview of CNX Gas n 83% owned by CONSOL Energy n Largest Appalachian Basin gas producer in terms of revenue, net income, and return on capital employed n Achieved the following records in 2008: Production of 76.6 Bcf, up 32% Net…
Financial Review 7 2009 First Quarter Results n Net Income of 195.8 million n GAAP EPS of 1.08 n Coal Production: 16 million tons n Margins per ton: 17.38 This was one of the best quarters in the 145-year history of…
Short Term Financial Flexibility (at March 31, 2009) (MM) Amount / Amount Letters Amount Capacity Drawn of Credit Available Cash and Cash Equivalents - CONSOL 72 - - 72 Cash and Cash Equivalents - CNX Gas - - - - AR Securitization…
Coal Operations 11 Largest Holder of Eastern Coal Reserves Illinois Basin Reserves: 808 million tons Northern Appalachia Reserves: 2.858 billion tons Production: 50.2 million tons PRB Reserves: 169 million tons…
2009 Production Strategy n 2009 Production Guidance is for 62 MM tons n Adjust Production to Match the Market Idle mines, as necessary Buchanan Mine 84 Defer planned expansion projects Goal is to refrain from building…
Scrubber Builds Are Being Completed Since 2006, CONSOL has signed 6 multi-year, multi-million ton agreements with domestic customers that in aggregate 250 million tons of high-Btu coal 10% 28% Percentage of Gigawatts Scrubbed by…
CNX Gas Corporation 17 2009 First Quarter Results Net Income of 54.9 million GAAP EPS of 0.36 Gas Production of 22 Bcf Margin per Mcf: 4.08 Zero Lost-Time Incidents for Employees 18 9
Leading Appalachian Producer Among Appalachian producers, CNX Gas is: 1 in Sales Revenue 1 in Profitability and Returns 1 in Production Growth 2 in Production Volume 2 in Market Capitalization Industry-wide, CNX Gas is: 1 in…
Gas Operations Summary Coal Bed Methane: Most experience related to active coal mining Most CBM horizontal drilling experience Marcellus Shale: Successfully adopted other producers exploration techniques Successfully benefited…
Carbon Credit Generation CNX Gas captures methane ahead of coal mining This methane is eligible for carbon emissions credits on the Chicago Climate Exchange CNX Gas has registered 8.4 million tons of credits, which were generated…
CONSOL Energys Advantage n Unique energy mix: coal, gas, and transportation Diversified coal business is well-positioned to capitalize on growing long-term demand for energy and the expanding installed scrubber base Low-risk gas…
Loading...
