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| 24hGold - Associated Press |
| As Consol losses narrow, the company fires up drilling rigs |
| CANONSBURG, Pa. (AP) -- Despite continued weakness for energy prices, Consol Energy reported narrowing losses in the second quarter and said Tuesday that it would put two drill rigs located in the shale plays of the Northeast back into action this year.
The company is been slashing costs and selling assets for a couple of years, and executives at the company, based outside of Pittsburgh, believe that now is the time to get ready for what they expect will be a more robust enviroTuesday, July 26, 2016 |
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| 24hGold - Yahoo |
| Consol Energy’s 4Q15 Earnings Missed Estimates |
| Consol Energy Beat 4Q15 Revenues Estimates, EPS Estimates Short Consol Energy’s 4Q15 earnings missed estimates
Consol Energy (CNX) announced its 4Q15 earnings on January 29, 2016. CNX reported an adjusted loss of $0.11 per share, $0.02 worse than Wall Street analysts’ consensus for a loss of $0.09 per share.
CNX’s 4Q15 earnings are lower by $0.36 per share when compared with its 4Q14 profit of $0.25 per share. However, when compared sequentially with 3Q15, CNX’s 4Q15 earnings are higher by $0.1Tuesday, February 2, 2016 |
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| 24hGold - Publicnow |
| CONSOL Energy Declares Regular Quarterly Dividend of $0.01 per Share |
| , /PRNewswire/ -- (NYSE: CNX) Board of Directors declared a regular quarterly dividend of per share, payable on , to shareholders of record on .
(NYSE: CNX) is a -based producer of natural gas and coal. The company is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. deploys an organic growth strategy focused on rapidly developing its resource base. As of , had 6.8 trillMonday, February 1, 2016 |
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| 24hGold - Yahoo |
| 6:55 am CONSOL Energy beats by $0.01, beats on revs |
| 9:54 am UPS gap higher start pauses at Jan high of 96.10 -- session high 96.00 (UPS) : Strong performance off the open in the wake of earnings with the opening run stalling just shy of its Jan peak at 96.10. It is currently vacillating back near its 50 day ema at 95.55.9:45 am Alphabet A gap higher start breaks Dec peak at 798 to set new all time high of 804.49 (GOOGL) : Strong post earnings start pauses after setting a new all time high with it currently drifting slightly under the Dec peak.9:4Sunday, January 31, 2016 |
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| 24hGold - Yahoo |
| Downbeat Sales for Apple, Upsides for SPY and Housing |
| Setback or Smackdown? Gauging the Fallout of FOMC's Latest Call(Continued from Prior Part) SPY’s bottom stocks following the Fed’s decision not to hike
Among the stocks at the bottom of the SPDR S&P 500 ETF (SPY) on January 27 were Total System Services (TSS), Apple (AAPL), and Red Hat (RHT). These stocks yielded -14.7%, -6.6%, and -4.2%, respectively, on the day.
The graph below presents the stock price movement of tech stocks from Apple (AAPL) and Red Hat (RHT) since December 2015 (though theSaturday, January 30, 2016 |
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| 24hGold - Yahoo |
| Earnings Recap For January 29 |
| Mastercard Inc (NYSE: MA) reported EPS of $0.79 versus, $0.10 above estimates, on revenue $2.5 billion, versus consensus at $2.55 billion. American Airlines Group Inc (NASDAQ: AAL) delivered EPS of $2.00 versus estimates of $1.97. Revenue of $9.63 billion was in line with expectations. Honeywell International Inc. (NYSE: HON) posted EPS of $1.58 on revenue of $9.98 billion, both in line with consensus. Chevron Corporation (NYSE: CVX) retrieved a GAAP net loss of $(0.31) per share on sales of $29Friday, January 29, 2016 |
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| 24hGold - Yahoo |
| Occidental Petroleum: Estimates for 4Q15 Earnings and Revenue |
| Analysts Expect Occidental Petroleum Shares to Fall in 4Q15 Occidental Petroleum’s upcoming 4Q15 earnings and revenue
Occidental Petroleum (OXY) is set to report its 4Q15 earnings on February 4, 2016. For 4Q15, Wall Street analysts expect OXY to report an adjusted loss of $0.12 per share. That’s lower by $0.84 per share compared with its 4Q14 profit of $0.72 per share. Even when compared sequentially with 3Q15, OXY’s 4Q15 earnings expectations are lower by $0.15 per share.
For 4Q15, Wall StreetFriday, January 29, 2016 |
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| 24hGold - Yahoo |
| Edited Transcript of CNX earnings conference call or presentation 29-Jan-16 3:00pm GMT |
| CANONSBURG Jan 29, 2016 (Thomson StreetEvents) -- Edited Transcript of CONSOL Energy Inc earnings conference call or presentation Friday, January 29, 2016 at 3:00:00pm GMTTEXT version of Transcript================================================================================Corporate Participants================================================================================ * Tyler Lewis CONSOL Energy Inc - VP of IR * Nick DeIuliis CONSOL Energy Inc - President & CEO * DaveFriday, January 29, 2016 |
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| 24hGold - Associated Press |
| Consol Energy misses 4Q profit forecasts, but revenue beats |
| CANONSBURG, Pa. (AP) -- Consol Energy reported a larger-than expected in the fourth quarter, but strong revenue numbers sent shares higher Friday.
Like many other energy companies, Consol has had to cut spending on oil production to deal with plummeting oil prices.
The coal and natural gas company reported net income of $30.4 million, 13 cents per share, in the fourth quarter, compared with $73.7 million, or 32 cents per share, in the same quarter a year ago.
Friday, January 29, 2016 |
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| 24hGold - Yahoo |
| CONSOL Energy Q4 Loss Wider than Expected, '16 View Cut |
| Diversified fuel producer CONSOL Energy Inc. CNX reported an adjusted loss of 11 cents per share for the fourth quarter of 2015, much wider than the Zacks Consensus Estimate of a loss of 5 cents. The company had reported earnings of 25 cents per share in the fourth quarter of 2014.Consol Energy Inc. - Earnings Surprise | FindTheBestGAAP earnings were 13 cents per share as compared to 32 cents per share in the prior-year quarter. The difference between GAAP and operating figures in the reported qFriday, January 29, 2016 |
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| 24hGold - Reuters |
| Consol Energy says cash flow will help it ride out commodity slump |
| * Reports Q4 loss on adjusted basis * To idle Harvey coal mine in Pennsylvania * Shares rise by almost 22 pct (Adds analyst and CEO quote, updates shares) By Tanvi Mehta Jan 29 (Reuters) - Coal and natural gas producer Consol Energy Inc expressed confidence on Friday that its free cash flow would help it ride out weak commodity prices, helping to drive up the company's shares by almost 22 percent. Consol, which reported an aFriday, January 29, 2016 |
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| 24hGold - Yahoo |
| OIL Why Shale Gas Is Winning From The Crash Of Oil |
| Key Takeaways
The decline in oil prices has investors betting on a relatively safer haven in US shale gas stocks, a few of which sat atop the S&P 500 gainers last week.
Gas drillers are ahead of oil producers in slimming down after two years of price declines.
Motifs mentioned: Shale Gas
Stocks mentioned: Southwestern Energy Company (NYSE: SWN), Consol Energy Inc., (NYSE: CNX), Range Resources Corp. (NYSE: RRC), Cabot Oil & Gas Corporation (NYSE: COG).
The price of oil posted a nicFriday, January 29, 2016 |
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| 24hGold - Publicnow |
| CONSOL Energy Reports Fourth Quarter Results; Net Income of $30 million, or $0.13 per Diluted Share; Second Pennsylvania Dry Utica Shale Well (GH 9) 24-Hour Initial Production (IP) Rate of 61.9 MMcf p |
| , /PRNewswire/ -- (NYSE: CNX) reported net income attributable to shareholders of for the quarter, or per diluted share. This is compared to net income attributable to shareholders of , or per diluted share from the year-earlier quarter. Earnings before deducting net interest expense (interest expense less interest income), income taxes and depreciation, depletion and amortization (EBITDA), attributable to shareholders was for the 2015 fourth quarter, compared to in the year-earlier quarter.
AFriday, January 29, 2016 |
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| 24hGold - Yahoo |
| CONSOL Energy (CNX) Q4 Loss Wider, Revenues Beat |
| Zacks Rank: Currently, CONSOL Energy has a Zacks Rank#3 (Hold) but that could change following its fourth quarter 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:Earnings: Adjusted loss per share came in at 11 cents, wider than the Zacks Consensus Estimate of a loss of 5 cents.Revenue: Revenues of $762 million marginally surpassed the Zacks Consensus Estimate of $756 million but lagged year ago revenue by 18.6%.KFriday, January 29, 2016 |
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| 24hGold - Yahoo |
| OIL Technical Briefing on Independent Oil Gas Stocks -- ConocoPhillips, Anadarko Petroleum, CONSOL Energy, and WPX Energy |
| NEW YORK, NY / ACCESSWIRE / January 28, 2016 / Park Lane Advisor has initiated coverage on the following equities: ConocoPhillips (COP), Anadarko Petroleum Corporation (APC), CONSOL Energy Inc. (CNX), and WPX Energy Inc. (WPX). Free research report on ConocoPhillips can be accessed at http://www.parklaneadvisor.com/ On Wednesday, January 27, 2016, the NASDAQ Composite ended at 4,468.17, down 2.18%, the Dow Jones Industrial Average lost 1.38%, to finish the day at 15,944.46, and the S&P 500 closeThursday, January 28, 2016 |
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| 24hGold - Yahoo |
| NATURAL GAS Low Natural Gas Prices Haunted Arch Coal Right Up to Bankruptcy |
| Arch Coal Has Filed for Chapter 11 Bankruptcy: Why Did It Happen?(Continued from Prior Part) Inexpensive natural gas
Weak natural gas prices have haunted Arch Coal right up to its Chapter 11 bankruptcy filing. Those prices are still affecting the company. According to the EIA (U.S. Energy Information Administration), most of the coal consumed in the United States is used in electricity generation.
The coal industry faces tough competition from natural gas as an alternative fuel in electricity Tuesday, January 26, 2016 |
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| 24hGold - Yahoo |
| COAL How Did Weak Coal Exports Lead to Arch Coal’s Bankruptcy |
| Arch Coal Has Filed for Chapter 11 Bankruptcy: Why Did It Happen?(Continued from Prior Part) Revenue segments
Arch Coal (ACIIQ) supplies its steam coal to both domestic and foreign electric utilities. It supplies its metallurgical coal to domestic and foreign steelmakers. According to its latest 10-K filing, all foreign sales transactions are denominated and settled in US dollars.
In 2012, Arch Coal derived more than 30% of its revenues from exports. The majority of its export revenues came frTuesday, January 26, 2016 |
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| 24hGold - Yahoo |
| Why CONSOL Energy’s Enterprise Multiple Is Falling |
| Must-Know Reasons behind CONSOL Energy's Scary Downtrend(Continued from Prior Part) CONSOL Energy’s enterprise multiple
As of 3Q15, CONSOL Energy’s (CNX) EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratio was around 7.6x, which is much lower when compared with CNX’s historical average EV-to-EBITDA ratio of ~11.8x over the last five years. As seen in the below chart, for 2015, CNX’s EV-to-EBITDA ratio has been decreasing for the last three quarTuesday, January 26, 2016 |
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| 24hGold - Yahoo |
| How CONSOL Energy’s Relative Valuation Compares to Peers |
| Must-Know Reasons behind CONSOL Energy's Scary Downtrend(Continued from Prior Part) CONSOL Energy’s relative valuation
The below table shows different fundamental ratios for the S&P 500 (SPY) upstream companies that have a similar production mix and have overlapping geographical areas of operations.
CONSOL Energy (CNX) has a higher forward EV-to-EBITDA ratio of ~7x when compared with Southwestern Energy (SWN), another natural gas producer in the Marcellus Shale, which has a forward EV-to-EBITDMonday, January 25, 2016 |
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| 24hGold - Yahoo |
| How CONSOL Energy’s Relative Valuation Compares to Peers |
| Must-Know Reasons behind CONSOL Energy's Scary Downtrend(Continued from Prior Part) CONSOL Energy’s relative valuation
The below table shows different fundamental ratios for the S&P 500 (SPY) upstream companies that have a similar production mix and have overlapping geographical areas of operations.
CONSOL Energy (CNX) has a higher forward EV-to-EBITDA ratio of ~7x when compared with Southwestern Energy (SWN), another natural gas producer in the Marcellus Shale, which has a forward EV-to-EBITDMonday, January 25, 2016 |
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