PITTSBURGH, Jan. 19, 2015 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) will issue its fourth quarter earnings release at 6:45 a.m. Eastern Time on Friday, January 30. This will be followed by a conference call at 10:00 a.m. Eastern Time. The webcast and presentation materials will be accessible on the 'Investor Relations' page of the company's website, www.consolenergy.com.
In December 2014, CONSOL announced its intent to pursue transactions that would result in changes to the company's organizational and management structure to better align the company to execute its strategy for its natural gas and coal operations in the Appalachian Basin. These anticipated transactions resulted in changes to the company's reportable segments effective for the fourth quarter and year ended December 31, 2014. The Coal Division will now report the following segments: Pennsylvania Operations (Bailey, Enlow Fork, and Harvey mines), Virginia Operations (Buchanan Mine), and Other Operations (Miller Creek Complex). The E&P Division will now report the following segments: Marcellus Shale, Utica Shale, Coalbed Methane (CBM), and Other. The company has recast historical operating results in the new segment format for the previous two years, by quarter. This information can be located on the 'Investor Relations' page of the company website, or with the following link: http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjY3MTgyfENoaWxkSUQ9LTF8VHlwZT0z&t=1
CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of natural gas and coal. The company is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. CONSOL Energy deploys an organic growth strategy focused on rapidly developing its resource base. As of December 31, 2013, CONSOL Energy had 5.7 trillion cubic feet of proved natural gas reserves. The company's premium coal assets are sold to electricity generators and steelmakers, both domestically and internationally. CONSOL Energy is a member of the Standard & Poor's 500 Equity Index and the Fortune 500. Additional information may be found at www.consolenergy.com.