CONSOL Energy Inc. (CONSOL Energy) is one of the leading multi-fuel energy producers and energy services providers in the U.S. The company produces coal and gas principally for the electric power generation industry. It produces high-Btu bituminous coal and coalbed methane gas. As of December 31, 2008, the company had 17 mining complexes in the US and coal reserves of 4.5 billion tons. Further, the company, through its subsidiary CNX Gas Corporation (CNX Gas), produces pipeline-quality coalbed methane gas from its coal properties and oil and gas from properties in the Appalachian and Illinois Basins.
GlobalData’s "CONSOL Energy Inc. Oil & Gas Exploration and Production Operations and Cost Analysis – Q3, 2009" is an essential source for key operational data, analysis and strategic insight into the company. The report provides detailed and unique information on the key operational parameters for the last six years. The report provides a comprehensive overview of production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations. The report is based on publicly available data filed with the US Securities and Exchange Commission (SEC) and other similar agencies worldwide. GlobalData is a premium business intelligence company.
Scope
- Key operational parameters which include production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations.
- Analysis of the performance of the company on key valuation multiples such as market capitalization, enterprise value, EV/Production ($/Boed), EV/Proved Reserve ($/MMboe), EV / EBITDA, and EV / EBITDA.
- Annual and quarterly information on key operational, valuation and financial parameters. Annual information is for the current and the last five years while the quarterly information is for the current and the last four quarters.
- Detailed crude oil and natural gas reserves and production of the company by country
- In-depth and latest information on exploration, development, finding & development, acquisition expenditure, gross and net developed and undeveloped acreage position, key costs and revenue information, and performance metrics of the company.
Reasons to buy
- Formulate business strategies through competitor comparison and business performance assessment.
- Rank your performance against oil and gas companies using operational and financial benchmarking metrics.
- Understand and capitalize on the strengths and weaknesses of your competitors
- Scout for potential acquisition targets, with detailed insight into the companies’ operational performance.
GlobalData’s "CONSOL Energy Inc. Oil & Gas Exploration and Production Operations and Cost Analysis – Q3, 2009" is an essential source for key operational data, analysis and strategic insight into the company. The report provides detailed and unique information on the key operational parameters for the last six years. The report provides a comprehensive overview of production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations. The report is based on publicly available data filed with the US Securities and Exchange Commission (SEC) and other similar agencies worldwide. GlobalData is a premium business intelligence company.
Scope
- Key operational parameters which include production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations.
- Analysis of the performance of the company on key valuation multiples such as market capitalization, enterprise value, EV/Production ($/Boed), EV/Proved Reserve ($/MMboe), EV / EBITDA, and EV / EBITDA.
- Annual and quarterly information on key operational, valuation and financial parameters. Annual information is for the current and the last five years while the quarterly information is for the current and the last four quarters.
- Detailed crude oil and natural gas reserves and production of the company by country
- In-depth and latest information on exploration, development, finding & development, acquisition expenditure, gross and net developed and undeveloped acreage position, key costs and revenue information, and performance metrics of the company.
Reasons to buy
- Formulate business strategies through competitor comparison and business performance assessment.
- Rank your performance against oil and gas companies using operational and financial benchmarking metrics.
- Understand and capitalize on the strengths and weaknesses of your competitors
- Scout for potential acquisition targets, with detailed insight into the companies’ operational performance.
TABLE OF CONTENTS
Key Information
Key Ratios
Table Of Contents
List of Tables
List of Figures
CONSOL Energy Inc., Production and Reserves Trends
Total Oil and Gas, Reserves and Production
Total Crude Oil and Natural Gas Production and Reserves Trend, 2003-08
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2003-08
Total Crude Oil and Natural Gas Reserve Changes, 2003-08
Natural Gas Production and Reserve
Natural Gas Production and Reserve Trend, 2003-08
Natural Gas Production and Reserves, By Country/Region, 2003-08
Natural Gas Reserve Changes, 2003-08
Total Crude Oil and Natural Gas Reserves Life Index
Total Crude Oil and Natural Gas Reserves Life Index, 2003-08
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2003-08
CONSOL Energy Inc., E&P Costs Trends
Allocation of the Upstream Capital Expenditure
Upstream Capital Expenditure, 2003-08
Acquisition Costs By Country/Region, 2003-08
Exploration and Development Costs, By Country/Region, 2003-08
Oil and Gas Cost Per Boe, $/boe
Oil and Gas Cost Per Boe, $/boe, 2003-08
Oil and Gas Cost Per Boe, $/boe, By Country/Region, 2003-08
CONSOL Energy Inc., Reserve Replacement Ratio
Oil and Gas Production Replacement Ratio
Oil and Gas Production Replacement Ratio, 2003-08
Oil and Gas Production Replacement Ratio, By Country/Region, 2003-08
CONSOL Energy Inc., Results of Oil & Gas Operations Trend
Oil and Gas Revenue and Expenses
Oil and Gas Revenue and Expenses, 2003-08
Oil and Gas Revenue and Expenses, By Country/Region, 2003-08
Oil and Gas Revenue and Expenses, Per Boe
Oil and Gas Revenue and Expenses, By Boe, 2003-08
Oil and Gas Revenue and Expenses Per Boe, By Country/Region, 2003-08
Oil and Gas Performance Metrics
CONSOL Energy Inc., Land Holdings and Well Data
Developed and Undeveloped Acreage
Gross and Net Developed and Undeveloped Acreage, 2003-08
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2003-08
Well Statistics
Producible Oil and Gas Well, 2003-08
Producible Oil and Gas Well, By Country/Region, 2003-08
Exploration and Development Wells Drilled, 2003-08
Exploration and Development Wells Drilled, By Country/Region, 2003-08
Developed Reserves per Well, Oil (Mbbls per Well), Gas (MMcf per Well), Oil & Gas (Mboe per Well), 2003-08
Developed Reserves per Well, By Country/Region, 2003-08
Recent Developments
Financial Announcements
Oct 22, 2009: CONSOL Energy Reports Net Income Of $93.3 Million In Q3 2009
Jul 30, 2009: CONSOL Energy Reports Net Income of $113.3 Million In Q2 2009
Apr 23, 2009: CONSOL Energy Reports $196 Million Net Income In Q1 2009
Jan 30, 2009: CONSOL Declares Quarterly Dividend
Jan 29, 2009: CONSOL Reports Year-End 2008 Results
Oct 24, 2008: CONSOL Declares Quarterly Dividend
Aug 01, 2008: CONSOL Declares Quarterly Dividend
Jul 31, 2008: CONSOL Reports 2Q 2008 Results
Apr 25, 2008: CONSOL Declares Quarterly Dividend
Apr 24, 2008: CONSOL Declares Q1 2008 Results
Other Significant Developments
Jun 08, 2009: GeoMet Announces Favorable Ruling In Its Antitrust Suit Against CNX Gas And Consol Energy
Jan 20, 2009: CONSOL Announces Senior Management Changes
Apr 23, 2008: SES, CONSOL Update On Coal Gasification Project
Appendix
Methodology
Coverage
Secondary Research
Primary Research
Key Economic Assumptions
Expert Panel Validation
Oil and Gas Reserves
Acreage and Well Information
Cost Incurred in Oil and Gas Operations
Reserves Replacement Ratio
Results of Oil & Gas Operations
Results of Oil & Gas Operations Per BOE Produced
Formula = Total Revenue/Total Oil & Gas ProductionValuation Metrics
Net Debt / Cash Flow
Market Capitalization
EV / EBITDA
EV/DACF (Debt Adjusted Cash Flow Multiple)
EV/Production
EV/Proved Reserve
Enterprise Value
EBITDA / Share (Diluted)
Price / Annualized CFPS
Price / Annualized EPS (P/E Ratio)
Shares Outstanding (Basic)
Shares Outstanding (Diluted)
Shares Outstanding
Stock Price-to-Cash Flow (at year-end)
Stock Price-to-Cash Flow (Quarter-end)
Stock Price-to-Net Income (at year-end)
Stock Price-to-Net Income (Quarter-end)
Stock Price-to-Revenue (at year-end)
Stock Price-to-Revenue (Quarter-end)
Debt / EV
Avg. Net Debt / Boed
Capex / Cash Flow
Unit Of Measure
Disclosure information
List of Tables
CONSOL Energy Inc., Key Facts
CONSOL Energy Inc., Key Ratios
CONSOL Energy Inc., Key Costs Per Boe, $/boe, 2008
CONSOL Energy Inc., Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2003-08
CONSOL Energy Inc., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, MMboe, 2003-08
CONSOL Energy Inc., Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2003-08
CONSOL Energy Inc., Natural Gas Production and Reserves Metrics, Bcf, 2003-08
CONSOL Energy Inc., Natural Gas Production and Reserves, By Country/Region, Bcf, 2003-08
CONSOL Energy Inc., Natural Gas Reserve Changes, Bcf, 2003-08
CONSOL Energy Inc., Oil and Gas Reserves Life Index, Years, 2003-08
CONSOL Energy Inc., Oil and Gas Reserves Life Index, By Country/Region, Years, 2003-08
CONSOL Energy Inc., Upstream Capital Expenditure, $ Million, 2003-08
CONSOL Energy Inc., Proved and Unproved Acquisition Costs, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Exploration and Development Costs, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per Boe, $/boe, 2003-08
CONSOL Energy Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per Boe, $/boe, By Country/Region, 2003-08
CONSOL Energy Inc., Oil and Gas Production Replacement Ratio, %, 2003-08
CONSOL Energy Inc., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2003-08
CONSOL Energy Inc., Revenue and Expenses, $ Million, 2003-08
CONSOL Energy Inc., Revenue and Expenses, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Oil and Gas Revenue and Expenses, $/Boe, 2003-08
CONSOL Energy Inc., Oil and Gas Revenue and Expenses, $/Boe, By Country/Region, 2003-08
CONSOL Energy Inc., Oil and Gas Performance Metrics, 2003-08
CONSOL Energy Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2003-08
CONSOL Energy Inc., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2003-08
CONSOL Energy Inc., Producible Oil and Gas Wells, 2003-08
CONSOL Energy Inc., Producible Oil and Gas Wells, By Country/Region, 2003-08
CONSOL Energy Inc., Exploratory and Developed Wells, 2003-08
CONSOL Energy Inc., Exploratory and Developed Wells, By Country/Region, 2003-08
CONSOL Energy Inc., Developed Reserves per Well, Oil (Mbbls per Well), Gas (MMcf per Well), Oil & Gas (Mboe per Well), 2003-08
CONSOL Energy Inc., Developed Reserves per Well, By Country/Region, Mboe per Well, 2003-08
List of Figures
CONSOL Energy Inc., Share Price Performance, USD/Share, Q3, 2008-Q3, 2009
CONSOL Energy Inc., Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2003-08
CONSOL Energy Inc., Total Oil & Gas Production (MMboe), By Country/Region, MMBOE, 2003-08
CONSOL Energy Inc., Total Proved Oil & Gas Reserves, By Country/Region, MMBOE, 2003-08
CONSOL Energy Inc., Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2008
CONSOL Energy Inc., Natural Gas Production and Reserves Metrics, Bcf, 2003-08
CONSOL Energy Inc., Gas Production, By Country/Region, Bcf, 2003-08
CONSOL Energy Inc., Total Proved Gas Reserves, By Country/Region, Bcf, 2003-08
CONSOL Energy Inc., Natural Gas Reserve Changes, Bcf, 2008
CONSOL Energy Inc., Oil and Gas Reserves Life Index, Years, 2003-08
CONSOL Energy Inc., Gas Reserve Life Index, By Country/Region, Years, 2003-08
CONSOL Energy Inc., Oil & Gas Reserve Life Index, By Country/Region, Years, 2003-08
CONSOL Energy Inc., Upstream Capital Expenditure, $ Million, 2003-08
CONSOL Energy Inc., Proved Acquisition Costs, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Unproved Acquisition Costs, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Development Costs, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Exploration Costs, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per Boe, $/boe, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Oil & Gas Finding & Development Cost per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Oil & Gas Finding Cost per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Reserve Replacement Cost per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Proved Acquisition Cost per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2003-08
CONSOL Energy Inc., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2003-08
CONSOL Energy Inc., Revenue and Expenses, $ Million, 2003-08
CONSOL Energy Inc., Depreciation, Depletion & Amortization , By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Income Tax/(Benefit), By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Net Income/ Loss, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Oil & Gas Revenue, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Pre-tax Profit, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Production Expenses, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Total Expenses, By Country/Region, $ Million, 2003-08
CONSOL Energy Inc., Oil and Gas Revenue and Expenses, $/Boe, 2003-08
CONSOL Energy Inc., Income Tax/(Benefit) per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., Lifting Cost per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., Annual Net Income per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., Oil & Gas Revenue per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., Total DD&A per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., Total Revenue per boe, By Country/Region, $/BOE, 2003-08
CONSOL Energy Inc., Oil and Gas Performance Metrics, 2003-08
CONSOL Energy Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2003-08
CONSOL Energy Inc., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2003-08
CONSOL Energy Inc., Total Net Undeveloped Acreage, By Country/Region, Acres, 2003-08
CONSOL Energy Inc., Total Gross Developed Acreage, By Country/Region, Acres, 2003-08
CONSOL Energy Inc., Total Net Developed Acreage, By Country/Region, Acres, 2003-08
CONSOL Energy Inc., Producible Oil and Gas Wells, 2003-08
CONSOL Energy Inc., Gross Producible Gas Wells, By Country/Region, Number, 2003-08
CONSOL Energy Inc., Gross Producible Oil & Gas Wells, By Country/Region, Number, 2003-08
CONSOL Energy Inc., NULL, By Country/Region, %, 2003-08
CONSOL Energy Inc., Net Producible Oil & Gas Wells, By Country/Region, Number, 2003-08
CONSOL Energy Inc., Net Producible Oil Wells, By Country/Region, Number, 2003-08
CONSOL Energy Inc., Exploratory and Developed Wells, 2003-08
CONSOL Energy Inc., Developed Oil & Gas Reserves per Well (Mboe per Well), By Country/Region, 2003-08
GlobalData Methodology
