CONSOL Energy Reports Fourth Quarter Net Income and Record Annual 2011 Net Income

A | A
Share  
January 26, 2012

Member Benefits:

  • Worldwide Unconventional News and Exclusives
  • Daily Emailed Newsletter
  • Unconventional U.S. Rig Tracker, By Play
  • Company Databank, With More Than 30 Plays
  • Special Reports on Emerging Plays
  • Quarterly Completions Roundup
  • Active Operators By Play

CONSOL Energy Inc., the leading diversified fuel producer in the Eastern United States, reported net income for the quarter ended December 31, 2011 of $196 million, or $0.85 per diluted share, compared to $104 million, or $0.46 per diluted share from the year-earlier quarter. Record net income for 2011 was $632 million, or $2.76 per diluted share, compared to $347 million, or $1.60 per diluted share for 2010.

The company set other annual records in 2011, including:

"CONSOL Energy has a world class set of assets," commented J. Brett Harvey, ...


Already a subscriber? Log In