Consol Energy Stock Price, News & Analysis

CONSOL Energy reported Q1 2022 financial results with a net loss of ($4.5M), but adjusted net income of $72M. The company's quarterly adjusted EBITDA reached $169.2M and free cash flow amounted to $118M. Coal shipments improved to 6.5 million tons, and the 2023 contracted position rose to 16.3 million tons. Despite challenges, the Pennsylvania Mining Complex showed strong operating performance and zero employee incidents reported. The Itmann project remains on schedule, with startup expected in 2H 2022.

CONSOL Energy Inc. (NYSE: CEIX) will release its first quarter earnings on May 3, 2022, before the market opens. A conference call will follow at 11:00 a.m. ET, accessible via a live webcast on the company's Investor Relations page. CONSOL specializes in high-Btu bituminous thermal and metallurgical coal production, operating major mining operations in the Northern Appalachian Basin and developing the Itmann project in the Central Appalachian Basin. Their flagship Pennsylvania Mining Complex can produce approximately 28.5 million tons of coal annually.

CONSOL Energy reported strong financial results for Q4 and FY 2021. The company achieved a GAAP net income of $117.3 million in Q4, with an adjusted EBITDA of $120.6 million. For the full year, GAAP net income was $34.1 million and adjusted EBITDA reached $378.2 million. Coal shipments totaled 5.6 million tons in Q4, contributing to annual shipments of 23.7 million tons. The firm reduced total debt by $30.8 million in Q4 and expects robust performance with nearly fully contracted coal sales for 2022 and beyond, amid a significant increase in average revenue per ton.

CONSOL Energy Inc. (NYSE: CEIX) will release its fourth quarter earnings on February 8, 2022, prior to market opening. A conference call will follow at 11:00 a.m. ET, accessible via a live webcast on the company's website. CONSOL specializes in high-Btu bituminous thermal and metallurgical coal, operating the Pennsylvania Mining Complex with a production capacity of 28.5 million tons annually. The company also oversees the CONSOL Marine Terminal in Baltimore, capable of handling 15 million tons annually. Its coal reserves exceed 658 million tons in Pennsylvania and 21 million tons for the Itmann project.

On November 2, 2021, CONSOL Energy Inc. (CEIX) announced its financial results for Q3 2021, reporting a GAAP net loss of $113.8 million. This includes $147.3 million in unrealized mark-to-market losses. Adjusted EBITDA was $66.6 million, and the company generated $34.8 million in free cash flow. Coal shipments reached 5.4 million tons with an average revenue per ton of $47.46. Cash and cash equivalents totaled $162.0 million. Debt was reduced by $18.4 million. The company also set ambitious greenhouse gas emissions targets for 2026 and 2040.

CONSOL Energy Inc. (NYSE: CEIX) has announced ambitious targets as part of its Forward Progress sustainability initiative, aiming to reduce direct operating greenhouse gas emissions by 50% by 2026, compared to 2019 levels. The company also aims for net-zero emissions by 2040. Key strategies include enhancing operational efficiency, expanding a methane destruction program, and developing innovative technologies. CEO Jimmy Brock emphasized the alignment of these goals with the company’s commitment to ESG principles and sustainable value creation.

CONSOL Energy Inc. (NYSE: CEIX) will announce its third-quarter earnings before the market opens on November 2, 2021. Following the release, management will host a conference call at 11:00 a.m. ET, accessible via a live webcast on the company's website. CONSOL, based in Canonsburg, Pennsylvania, is a leading producer of thermal and metallurgical coal, operating the Pennsylvania Mining Complex with a production capacity of 28.5 million tons annually. The company also controls approximately 1.5 billion tons of coal reserves across major U.S. basins.

CONSOL Energy reported Q2 2021 financial results with a GAAP net income of $4.2 million, including $20.4 million in unrealized losses from commodity derivatives. Adjusted EBITDA was $84.4 million, with operating cash flow at $94.6 million. The company achieved coal shipments of 5.9 million tons, with 55% for export. The Itmann metallurgical coal project is set to recommence, aiding diversification. However, total costs rose to $291.9 million, reflecting a challenging operational environment.