CONSOL Energy ( (CEIX) ) just unveiled an update.
CONSOL Energy Inc. posted impressive third-quarter 2024 performance, boasting a $95.6 million net income and $179.2 million adjusted EBITDA, despite operational challenges. The Pennsylvania Mining Complex reached a production record of 7.2 million tons, while the CONSOL Marine Terminal recovered from earlier disruptions, shipping 4.7 million tons. The company also announced a $0.25/share dividend and is progressing well with its merger with Arch Resources, expected to close by early 2025. Additionally, safety and efficiency improvements were noted across its operations.
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