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CONSOL Energy (CEIX) Scheduled to Post Earnings on Tuesday

Defense World · Jan 31, 2023 03:52

CONSOL Energy (NYSE:CEIX – Get Rating) is scheduled to post its quarterly earnings results before the market opens on Tuesday, February 7th. Analysts expect CONSOL Energy to post earnings of $3.51 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

CONSOL Energy (NYSE:CEIX – Get Rating) last posted its quarterly earnings data on Tuesday, November 1st. The company reported $2.55 earnings per share for the quarter, missing analysts' consensus estimates of $2.93 by ($0.38). The company had revenue of $561.64 million for the quarter, compared to analysts' expectations of $463.60 million. CONSOL Energy had a net margin of 20.11% and a return on equity of 41.36%. On average, analysts expect CONSOL Energy to post $12 EPS for the current fiscal year and $22 EPS for the next fiscal year.

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CONSOL Energy Stock Up 0.6 %

Shares of CEIX opened at $57.41 on Tuesday. The business's 50 day moving average is $65.97 and its 200 day moving average is $65.62. The company has a market capitalization of $2.00 billion, a PE ratio of 5.24 and a beta of 1.84. CONSOL Energy has a 12-month low of $20.75 and a 12-month high of $79.17. The company has a current ratio of 1.08, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47.

Insider Activity at CONSOL Energy

In related news, CEO James A. Brock sold 12,500 shares of the company's stock in a transaction that occurred on Tuesday, November 29th. The stock was sold at an average price of $75.33, for a total value of $941,625.00. Following the sale, the chief executive officer now owns 476,834 shares of the company's stock, valued at approximately $35,919,905.22. The transaction was disclosed in a filing with the SEC, which is available through this link. In other CONSOL Energy news, CEO James A. Brock sold 500 shares of the firm's stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $78.20, for a total value of $39,100.00. Following the sale, the chief executive officer now owns 473,020 shares in the company, valued at $36,990,164. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James A. Brock sold 12,500 shares of the firm's stock in a transaction that occurred on Tuesday, November 29th. The stock was sold at an average price of $75.33, for a total transaction of $941,625.00. Following the sale, the chief executive officer now owns 476,834 shares of the company's stock, valued at $35,919,905.22. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. boosted its position in CONSOL Energy by 10.8% in the first quarter. Ameritas Investment Partners Inc. now owns 2,677 shares of the company's stock valued at $101,000 after buying an additional 260 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of CONSOL Energy by 60.6% during the first quarter. Captrust Financial Advisors now owns 2,891 shares of the company's stock worth $109,000 after buying an additional 1,091 shares during the last quarter. Wealthsource Partners LLC bought a new stake in shares of CONSOL Energy during the third quarter worth approximately $212,000. Franklin Resources Inc. bought a new stake in CONSOL Energy in the second quarter valued at approximately $219,000. Finally, Guggenheim Capital LLC bought a new stake in CONSOL Energy in the first quarter valued at approximately $230,000. Institutional investors own 84.04% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. B. Riley dropped their price objective on CONSOL Energy from $85.00 to $84.00 in a report on Tuesday, January 17th. Benchmark upped their target price on CONSOL Energy from $72.00 to $80.00 in a research report on Wednesday, November 2nd.

About CONSOL Energy

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CONSOL Energy Inc engages in the production of bituminous coal. It focuses on the extraction and preparation of coal in the Appalachian basin. The firm operates through the following segments: PAMC and CONSOL Marine Terminal. The PAMC segment includes mining, preparation and marketing of thermal coal.