EBITDA attributable to the company’s shareholders was $374m in Q3, compared to $201m in the year-ago quarter.
The company’s coal division produced 7.3 million tons in the quarter, compared to 7.8 million tons in the last year quarter.
In the Virginia operations, the company’s Buchanan mine saw metallurgical coal prices continue to decline.
The Virginia operations average sales price per ton decreased during the quarter to $51.82 per ton, compared to $70.57 per ton for the same period last year.
The Pennsylvania operations average sales price per ton declined to $56.99 per ton, compared to $61.35 per ton in Q3 2014.
During the third quarter, the company sold its 49% stake in WAE. The transaction included the conveyance of 63 million tons of coal reserves.
Consol Energy president and CEO Nicholas DeIuliis said: "During the quarter, we beat production targets, locked in a significant percentage of our revenues for 2016 with additional gas hedges and multi-year coal contracts, significantly reduced operating costs, corporate overhead, and legacy liabilities, and accelerated our asset sale monetization program."
