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TM Exhibit 99.1 CONSOL Energy Announces Results for the Third Quarter 2021 CANONSBURG , PA ( November 2 , 2021 ) - Today , CONSOL Energy Inc. ( NYSE : CEIX ) reported financial and operating results for the period ended September 30 , 2021 . Third Quarter 2021 Highlights Include : • • GAAP net loss of ( $ 113.8 ) million , which includes $ 147.3 million of pre - tax unrealized mark - to - market losses related to commodity derivatives ; Quarterly adjusted EBITDA¹ of $ 66.6 million ; Quarterly free cash flow¹ of $ 34.8 million ; • Net cash provided by operating activities of $ 80.5 million ; • • Coal shipments of 5.4 million tons ; • • • • 2022 and 2023 contracted position of 20.2 million and 5.8 million tons , respectively ; Cash and cash equivalents of $ 162.0 million plus $ 50.3 million in restricted cash as of September 30 , 2021 ; Reduced total debt outstanding by $ 18.4 million during the quarter ; Net leverage ratio¹ of 1.64x as of September 30 , 2021 ; Recently announced direct - operating greenhouse gas emissions targets , aiming to reduce Scope 1 and 2 emissions by 50 % by the end of 2026 and to be net zero by 2040 ; and Recommencing development for the 5th longwall at the Pennsylvania Mining Complex , which is expected to resume operation in late 4Q22 . Management Comments " In the third quarter of 2021 , customer demand remained strong , and we generated nearly $ 35 million in free cash flow¹ , while reducing our absolute debt levels by $ 18 million , ” said Jimmy Brock , President and Chief Executive Officer of CONSOL Energy Inc. “ Additionally , we are very excited by our recently announced direct - operating greenhouse gas emission reduction targets , aiming to reduce our Scope 1 and 2 emissions by 50 % by 2026 , compared to baseline 2019 levels , and be net zero by 2040. The third quarter is typically a seasonally weak quarter due to planned maintenance shutdowns , and the Pennsylvania Mining Complex ( PAMC ) also encountered several operational issues and transportation delays that limited production to 5.3 million tons in the third quarter of 2021. Nevertheless , demand for our product remains robust , and due to the strength in both the domestic and international coal markets , we are pleased to announce that we have restarted development for the fifth longwall at the PAMC to capture upside potential . During the third quarter of 2021 , we successfully secured new contracted business across 2022 and 2023. Progress on the Itmann preparation plant continues and remains on schedule and on budget , positioning us for additional upside in 2022. " " On the safety front , our Enlow Fork Mine , Bailey Preparation Plant , CONSOL Marine Terminal ( CMT ) and Itmann project each had ZERO employee recordable incidents during the third quarter of 2021. Our year - to - date total recordable incident rate at the PAMC continues to track significantly and consistently below the national average for underground bituminous coal mines . "