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Company :: Fact Sheet


Important CNX Gas Facts

 

  • Headquartered in Pittsburgh, PA
  • 340 employees and growing

Safety

  • Working safely is a condition of employment at CNX Gas
  • The safest operator in the E&P Industry
    • One of the lowest contractor incident rates in the industry
    • We've worked over 3.5 million man-hours without a lost-time incident

Sustainability

  • #1 in methane capture in the United States energy industry
  • The 2nd largest capturer of methane in the United States
  • Offset member of Chicago Climate Exchange® with 8.4 MM tons of CO2e offsets registered
    • Equivalent of removing 1.6 million cars from the road

Financials

  • Spun out of CONSOL Energy in August 2005 at $16 per share
  • The lowest cost producer in the eastern US, highest margin producer in the US
  • The most profitable producer of gas in the industry
  • Focuses on Return On Capital Employed and not growth for the sake of growth
  • Very Little Debt

Assets & Production

  • The #2 Gas producer by volume in the Appalachian Basin
  • The #1 Gas producer by revenue in the Appalachian Basin
  • The highest quality asset base in the E&P Industry
    • Enhanced by synergies created through our relationship with our parent company, CONSOL Energy Inc.
  • The largest CBM Acreage holder in Central Appalachia, Northern Appalachia and the Illinois Basin
  • First company to drill a horizontal Chattanooga Shale well in Tennessee