GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CONSOL Energy Inc (NYSE:CEIX) » Definitions » Property, Plant and Equipment

CEIX (CONSOL Energy) Property, Plant and Equipment : $1,915 Mil (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is CONSOL Energy Property, Plant and Equipment?

CONSOL Energy's quarterly net PPE increased from Mar. 2024 ($1,908 Mil) to Jun. 2024 ($1,925 Mil) but then declined from Jun. 2024 ($1,925 Mil) to Sep. 2024 ($1,915 Mil).

CONSOL Energy's annual net PPE declined from Dec. 2021 ($2,001 Mil) to Dec. 2022 ($1,980 Mil) and declined from Dec. 2022 ($1,980 Mil) to Dec. 2023 ($1,918 Mil).


CONSOL Energy Property, Plant and Equipment Historical Data

The historical data trend for CONSOL Energy's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CONSOL Energy Property, Plant and Equipment Chart

CONSOL Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,164.80 2,102.50 2,000.51 1,979.88 1,917.78

CONSOL Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,932.49 1,917.78 1,908.11 1,925.14 1,915.19

CONSOL Energy Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


CONSOL Energy  (NYSE:CEIX) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


CONSOL Energy Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of CONSOL Energy's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


CONSOL Energy Business Description

Traded in Other Exchanges
Address
275 Technology Drive, Suite 101, Canonsburg, PA, USA, 15317-9565
CONSOL Energy Inc is a producer and exporter of high-BTU bituminous coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex) and CONSOL Marine Terminal. The company generates maximum revenue from the PAMC segment.
Executives
James A Brock director, officer: Chief Executive Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
John Rothka officer: Chief Accounting Officer 2970 HENDERSON AVENUE, WASHINGTON PA 15301
Martha A Wiegand officer: General Counsel & Secretary 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Platt Joseph P Jr director HENRY W. OLIVER BLDG., 535 SMITHFIELD ST., PITTSBURGH PA 15222
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Kurt R. Salvatori officer: Chief Administrative Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Valli Perera director C/O CONSOL ENERGY INC., 275 TECHNOLOGY DRIVE SUITE 101, CANONSBURG PA 15317
Cassandra Chia-wei Pan director C/O CONSOL ENERGY INC., 275 TECHNOLOGY DRIVE, SUITE 101, CANONSBURG PA 15317
Sophie Bergeron director 1000 CONSOL ENERGY DRIVE, SUITE 100, CANONSBURG PA 15317
Dme Capital Management, Lp other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Einhorn other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Matthew T Wood 10 percent owner 60 CHARLOTTE STREET, LONDON W1T 2NU X0 00000