COAL
The NYSE-listed stock of US coal and gas producer Consol Energy rose 3% in after-market trading on Wednesday, following the company’s announcement that it had formed a master limited partnership (MLP) for its thermal coal business.
The Pittsburgh-based company said the MLP's purpose would be to own interests in certain of Consol’s thermal coal properties and related mining operations located in Pennsylvania, including its Bailey, Enlow Fork and Harvey mines and the related preparation plant.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
