Home > Boards > US OTC > Oil/Gas/Natural Energy Production > Foresight Energy LP (FELPU)

Check out seeking Alpha Article lol

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
StockRoomBully Member Profile
 
Followed By 36
Posts 2,946
Boards Moderated 0
Alias Born 06/12/14
160x600 placeholder
StockRoomBully   Saturday, 12/07/19 04:11:08 PM
Re: sorc92 post# 2354
Post # of 3140 
Check out seeking Alpha Article lol


CONSOL Energy (NYSE:CEIX) is a pure-play coal mining company. Its mining assets consist of three operating mines in Pennsylvania (Pennsylvania Mining Complex - "PAMC") with combined proven and probable reserves of close to 700ml tons of thermal coal that, given its characteristics - 12,970 BTU/lb and 2.4% sulfur content - is sold at prices of $45 to 60 per ton, depending on the year, with a premium to average thermal coal. Besides, the company owns 1,281ml tons of recoverable reserves (82% of a total of 1,562ml tons) in three properties in the Northern and Central Appalachian and Illinois Basin regions.



"Foresight Energy is a leading coal producer in the Illinois Basin Region of the U.S. with nearly 2.1 billion tons of coal reserves currently supporting four mining complexes


Quote:
Foresight Energy is a leading producer of thermal coal with reserves in the Illinois Basin. With nearly 2.1 billion tons of coal reserves, we believe we are among the largest holders of coal reserves in the United States. Our reserves are sufficient to support over 75 years of production at our current production level.




"Our four mining complexes (Williamson, Sugar Camp, Hillsboro, and Macoupin) are designed to support up to 7 longwall mining systems, with a combined productive capacity of up to 50 million tons of high Btu coal per year.




Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist