Dec 13, 2016 1 min read

CANONSBURG — CNX Coal Resources LP on Tuesday reaffirmed its full-year 2016 guidance and provided its initial 2017 guidance.

The update was given with its participation in CONSOL Energy Inc.’s Analyst and Investor Day event in Pittsburgh.

CNX Coal reaffirmed that its fiscal Year 2016 adjuusted earnings before income tax and debt amoritzation will be bewtween $74 milliion and $82 million on sales of between 5.9 and 6.1 million tons of coal.

For 2017, the company said it expects to sell between 6.25 and 6.75 million tons of coal with adjusted EBITDA between $90 million and $110 million.

CNX Coal said its higher outlook for increased sales volume will be a result in broader improvement in domestic and international coal markets.