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 authorized a stock buyback program on Tuesday, September 5th 2017, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

CONSOL Energy Inc. (NYSE:CNX) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating the 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 business's revenue was up 202.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.21) earnings per share. View CONSOL Energy's Earnings History.

CONSOL Energy is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for CONSOL Energy.

9 analysts have issued 12-month price objectives for CONSOL Energy's stock. Their forecasts range from $17.00 to $25.00. On average, they anticipate CONSOL Energy's share price to reach $21.00 in the next year. View Analyst Ratings for CONSOL Energy.

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

• 1. According to Zacks Investment Research, "Shares of CONSOL Energy have gained lower than the industry in the last six months. CONSOL's dependence on a limited group of customers for bulk sales of coal and operation of traditionally risky underground mines are headwinds. Dependence on third party assets for natural gas transportation and highly competitive natural space also remain risks. CONSOL’s focus on Exploration and Production(E&P) business continues to yield positive results. CONSOL has taken initiatives to separate its mining and E&P divisions. Thanks to its solid asset base, it is well poised to achieve the E&P production targets. CONSOL continues to lower its debt level, thanks to its free cash flow generation capability." (10/10/2017)
• 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 September. As of September 29th, there was short interest totalling 8,490,608 shares, a decrease of 53.3% from the September 15th total of 18,174,737 shares. Based on an average daily trading volume, of 2,504,617 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.7% of the shares of the stock are short sold.

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), CNX Coal Resources LP (CNXC), Cloud Peak Energy (CLD), Natural Resource Partners LP (NRP), 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 shareholders include Mutual of America Capital Management LLC (0.07%). 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 acquired by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. 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 $15.88.