September 5, 2017 / 11:46 AM / 19 days ago

BRIEF-CNX Coal Resources updates 2017 outlook

Sept 5 (Reuters) - CNX Coal Resources LP

* CNX Coal resources updates 2017 outlook

* CNX Coal Resources LP - revised 2017 adjusted EBITDA outlook to $95-$105 million

* Sees 2017 capital expenditure of $28-$30 million

* CNX Coal Resources - reducing top end of 2017 adjusted EBITDA range to reflect ongoing mild weather trends in Q3 that have affected power demand in PJM region

* CNX Coal Resources LP - ‍to reduce adverse cost impact from Enlow Fork Mine, taken various steps including temporarily suspending use of contractors

* CNX Coal Resources LP - steps to reduce adverse cost impact from Enlow Fork, include lowering capital expenditures by about $3 million at midpoint of guidance

* CNX Coal Resources - ‍longwall in 4L panel at company’s Bailey Mine​ has been idled and workforce adjustments are being made

* CNX Coal- ‍as of midnight Monday, Pennsylvania dep sought more time to review technical merits of permit for longwall mining in 4L panel at Bailey Mine​

* CNX Coal Resources LP - ‍pennsylvania Mining Complex will lose approximately 25,000 tons of production per day as a result of permit delay​

* CNX Coal Resources LP - co maintains the mining permit for Bailey Mine meets necessary criteria for approval Source text for Eikon: Further company coverage:

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