Exhibit 99.3

Operations Summary

CONSOL Energy’s third quarter 2017 financial results were inline with the third quarter 2017 estimates provided in the information statement filed on Form 10, that became effective on November 3, 2017.

Pennsylvania (PA) Mining Operations Division:

The third quarter of 2017 was a challenging quarter for CONSOL Energy on the operational front, and it significantly impacted our ability to deliver normal production volumes at the Pennsylvania Mining Complex (PAMC). In the month of July, our production was limited by geological issues at the Enlow Fork mine, which we previously disclosed. On a positive note, our operational team was largely able to make up for the lost July production by delivering record production in August, as the PAMC achieved its highest-ever monthly coal production. However, this was followed by an unanticipated permit delay at one of our Bailey longwalls, which essentially reduced our productive capacity by 20% for the month of September. Despite all of these challenges, PAMC produced 6.1 million tons of coal during the third quarter, compared to 6.2 million tons in the year-ago quarter. We also sold 6.3 million tons of coal during the third quarter of 2017, compared to 6.0 million tons during the year-ago period.

On the pricing front, our average revenue per ton was mostly in line with the year-ago period, $44.16 per ton for the third quarter 2017, compared to $44.30 per ton for the year-ago period, as improved pricing for our export shipments was offset by lower pricing for our domestic shipments, and a smaller portion of our production was sold into the domestic market. Domestic realizations were impacted by lower demand due to milder summer weather and lower power prices in our domestic market areas versus the year-ago quarter, which reduced realizations under our netback contracts and caused us to ship a greater portion of our production into the export thermal market rather than the domestic thermal market. Export shipments accounted for approximately 33% of our total sales volume during the third quarter, and pricing for our export shipments, though much improved versus last year, still averaged below pricing for our domestic shipments.

Our total cost of coal sold increased to $197 million during the third quarter 2017, compared to $176 million during the year-ago period, driven primarily by one month of idle time at one Bailey longwall and by higher-than-expected costs at Enlow Fork. The average cost of coal sold in the quarter increased by 4.3% to $37.32 per ton, compared to $35.79 per ton in the year-ago quarter.

Other Division:

Other includes revenue and expenses from various corporate and diversified business activities that are not allocated to the PAMC division. The diversified business activities include coal terminal operations, closed and idle mine activities, selling, general and administrative activities, and income taxes, as well as various other non-operated activities, none of which are individually significant to the Company.

Our CONSOL Marine Terminal benefited from higher international demand during the current quarter. As such, throughput tons increased three times compared to the year-ago period, to 3.5 million tons for the third quarter 2017, compared to 1.1 million tons in the year-ago period. CONSOL Marine Terminal sales were $15 million for the third quarter 2017, compared to $5 million in the year-ago period, as a result of increased throughput tons. Operating costs at the CONSOL Marine Terminal increased modestly to $6 million dollars for the third quarter 2017, compared to $5 million for the year-ago period.

Selling, General and Administrative Costs:

Selling, General and Administrative costs increase in a period-to-period comparison to $21 million during the third quarter 2017, compared to $12 million during the year-ago period. The increase is primarily driven by an increases in long term incentive compensation recognized in relation to award modifications due to organizational restructuring, increases in portion of the general and administrative expenses allocated from CNX Resource Corporation, former Parent of the company and increase in short term incentive compensation paid to employees based on the results of operations archived at our mines.

CONSOL ENERGY INC.

COMBINED STATEMENTS OF INCOME

(Dollars in Thousands)

(unaudited)

Reconciliation of Non-GAAP Financial Measures

CONSOL Energy’s management believes that each of these non-GAAP financial measures provide meaningful supplemental information that enhances management’s, investors’ and prospective lenders’ ability to evaluate the Company’s operating results and ability to repay its obligations. However, these non-GAAP financial measures are not intended to be used in isolation and should not be considered a substitute for any other performance measure determined in accordance with GAAP. Readers are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool, including that other companies may calculate similar non-GAAP financial measures differently than as defined in these materials, limiting their usefulness as a comparative tool. CONSOL Energy compensates for these limitations by providing specific information regarding the GAAP amounts excluded from the non-GAAP financial measures. CONSOL Energy further compensates for the limitations of its use of non-GAAP financial measures by presenting comparable GAAP measures. Readers are encouraged to review the reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures contained herein.

EBITDA is defined as earnings before deducting net interest expense (interest expense less interest income), income taxes and depreciation, depletion and amortization. Adjusted EBITDA is defined as EBITDA after adjusting for the discrete items listed below.

Although EBITDA and Adjusted EBITDA are not measures of performance calculated in accordance with GAAP, management believes that they are useful to an investor in evaluating the Company because they are widely used to evaluate a company’s operating performance. The Company excludes stock-based compensation from Adjusted EBITDA because it does not believe it accurately reflects the actual operating expense incurred during the relevant period and may vary widely from period to period irrespective of operating results. Investors should not view these metrics as a substitute for measures of performance that are calculated in accordance with generally accepted accounting principles. In addition, because all companies do not calculate EBITDA or Adjusted EBITDA uniformly, the presentation here may not be comparable to similarly titled measures of other companies.

Reconciliation of EBITDA and Adjusted EBITDA to financial net income is as follows (dollars in thousands):

CONSOL ENERGY INC.

COMBINED BALANCE SHEETS

(Dollars in Thousands)

CONSOL ENERGY INC.

COMBINED BALANCE SHEETS

Continued

(Dollars in Thousands)

CONSOL ENERGY INC.

COMBINED STATEMENTS OF CASH FLOWS

(Dollars in Thousands)

(unaudited)