CONSOL Energy Company Profile (NYSE:CNX)

CONSOL Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNX."

CONSOL Energy declared that its Board of Directors has approved a stock buyback program on Tuesday, September 5th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.

CONSOL Energy Inc. (NYSE:CNX) posted its quarterly earnings data on Tuesday, August, 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.07. The firm earned $865.95 million during the quarter, compared to analyst estimates of $678.79 million. CONSOL Energy had a positive return on equity of 1.09% and a negative net margin of 5.42%. The firm's revenue for the quarter was up 202.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.21) EPS. View CONSOL Energy's Earnings History.

CONSOL Energy is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for CONSOL Energy.

8 brokerages have issued 12 month price objectives for CONSOL Energy's shares. Their predictions range from $18.00 to $25.00. On average, they expect CONSOL Energy's share price to reach $22.00 in the next twelve months. View Analyst Ratings for CONSOL Energy.

Here are some recent quotes from research analysts about CONSOL Energy stock:

• 1. According to Zacks Investment Research, "CONSOL Energy’s increasing focus on E&P business is yielding positive results. Thanks to its solid asset base, the company is well poised to achieve the new E&P production targets. The company sold non-core E&P assets in the reported quarter and continues to pursue its strategy of separating the coal and E&P business. Besides, it continues to implement its hedge program and some volume of natural gas production is hedged through 2020 to protect against fluctuating prices. The company has taken steps to separate its mining and E&P division. CONSOL Energy’s shares returned higher than the broader industry in the last three months. CONSOL’s dependence on a limited group of customers for bulk sales of coal and operation of traditionally risky underground mines are headwinds." (7/27/2017)
• 2. KLR Group analysts commented, "We are decreasing our CNX target price $1 to $24 per share due to higher cash G&A expense. Our composite weighted average cost-of-capital values the coal business at ~6x next year's cash generation (CNX Coal Resources (CNXC, $18.95, NR) market valuation)." (2/1/2017)

CONSOL Energy saw a decrease in short interest in August. As of August 31st, there was short interest totalling 19,551,611 shares, a decrease of 29.5% from the August 15th total of 27,740,382 shares. Based on an average daily trading volume, of 3,949,480 shares, the days-to-cover ratio is currently 5.0 days. Approximately 8.5% of the company's stock are sold short.

Some companies that are related to CONSOL Energy include Alliance Resource Partners, L.P. (ARLP), Alliance Holdings GP, L.P. (AHGP), Foresight Energy LP (FELP), Natural Resource Partners LP (NRP), Cloud Peak Energy (CLD), CNX Coal Resources LP (CNXC), Hallador Energy Company (HNRG), Hargreaves Services plc (HSP), Coal of Africa Limited (CZA), Westmoreland Coal Company (WLB), Ncondezi Energy Ltd (NCCL), Edenville Energy PLC (EDL), Altona Energy Plc (ANR), Beacon Hill Resources Plc. (BHR), Churchill Mining Plc (CHL) and New World Resources PLC (NWR).

CONSOL Energy's management team includes the folowing people:

• William N. Thorndike Jr., Independent Chairman of the Board
• Nicholas J. DeIuliis, President, Chief Executive Officer, Director
• Donald Rush, Chief Financial Officer, Executive Vice President
• Katharine Fredriksen, President - Coal Business
• James A. Brock, Executive Vice President, Chief Executive Officer - Coal Business
• Timothy C. Dugan, Executive Vice President, Chief Operating Officer - Exploration and Production
• Stephen W. Johnson, Executive Vice President and Chief Administrative officer
• David M. Khani, Chief Financial Officer - Coal Business
• Alvin R. Carpenter, Independent Director
• William E. Davis, Independent Director

CONSOL Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Southeastern Asset Management Inc. TN (22.13%), BlackRock Inc. (6.73%), Vanguard Group Inc. (6.01%), Franklin Resources Inc. (5.88%), Dimensional Fund Advisors LP (4.13%) and State Street Corp (3.07%). Company insiders that own CONSOL Energy stock include Alvin R Carpenter, Bernard Lanigan Jr, Carl Kristopher Hagedorn, David Einhorn, J Palmer Clarkson, Maureen Lally-Green, Mike Muzylowski and William N Thorndike Jr. View Institutional Ownership Trends for CONSOL Energy.

CONSOL Energy's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Schneider Capital Management Corp, State of New Jersey Common Pension Fund D, First Trust Advisors LP, State Street Corp, New York State Common Retirement Fund, Wells Fargo & Company MN and Pinebridge Investments L.P.. View Insider Buying and Selling for CONSOL Energy.

CONSOL Energy's stock was bought by a variety of institutional investors in the last quarter, including Key Group Holdings Cayman LTD., ANTIPODES PARTNERS Ltd, Canada Pension Plan Investment Board, Bank of Montreal Can, Dimensional Fund Advisors LP, Prudential Financial Inc., Balyasny Asset Management LLC and Ardevora Asset Management LLP. Company insiders that have bought CONSOL Energy stock in the last two years include Alvin R Carpenter, Bernard Lanigan Jr, Carl Kristopher Hagedorn, J Palmer Clarkson, Maureen Lally-Green, Mike Muzylowski and William N Thorndike Jr. View Insider Buying and Selling for CONSOL Energy.

Shares of CONSOL Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CONSOL Energy stock can currently be purchased for approximately $16.27.