CONSOL Energy Cuts Capex for 2015-2016 as Natural Gas Operations Boost Efficiency, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 07/29/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- and producer CONSOL Energy Incorporated (NYSE:CNX) (Pittsburgh, Pennsylvania) lowered its planned exploration and production (E&P) capital expenditures (capex) for 2015 and 2016 to meet its cash flow goals. CONSOL now forecasts 2015 E&P capex at $800 million, compared with its January forecast of $1 billion for the year. Industrial Info is tracking $345 million worth of CONSOL Energy projects.
Within this article: Details on plans by CONSOL Energy to cut capital expenditures, as well as key projects, such as a mine expansion in Pennsylvania.
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Datum: 29.07.2015 - 04:00 Uhr
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News-ID 1375289
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