CONSOL Energy Declares Regular Quarterly Dividend of $0.07 per Share
By: PR Newswire
Posted on October 27, 2006 at 09:00 AM EDT
PITTSBURGH, Oct. 27 /PRNewswire-FirstCall/ -- CONSOL Energy Inc.'s (NYSE:CNX) Board of Directors declared a regular quarterly dividend of $0.07 per share, payable on November 24, 2006, to shareholders of record November 8, 2006.
CONSOL Energy Inc., through its subsidiaries, is the largest producer of high-Btu bituminous coal in the United States. In addition, the company is a majority shareholder in one of the largest U.S. producers of coalbed methane, CNX Gas Corporation.
CONSOL Energy Inc., a member of the Standard & Poor's 500 equity index, has annual revenues of $3.8 billion. The company was named one of America's most admired companies in 2005 by Fortune magazine. It received the U.S. Department of the Interior's Office of Surface Mining National Award for Excellence in Surface Mining for the company's innovative reclamation practices in 2002 and 2003. Also in 2003, the company was listed in Information Week magazine's "Information Week 500" list for its information technology operations. In 2002, the company received a U.S. Environmental Protection Agency Climate Protection Award. Additional information about the company can be found at its web site: www.consolenergy.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding CONSOL Energy's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
Source: CONSOL Energy Inc.
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