CONSOL Energy Q4 2016 Earnings Results

CONSOL Energy reported Q4 2016 earnings results with improved operational efficiency in its E&P segment, reducing cash costs by $2.1 million while increasing production by 4.9 Bcfe. The company achieved significant drilling and completion cost reductions across Marcellus and Utica Shale operations, with cycle time improvements of 53-62% year-over-year.