Replies to post #2354 on Foresight Energy LP (fka FELPQ)

[StockRoomBully]

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

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.