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Natural gas demand in the US is expected to rise significantly by 2030 due to data center demand. Coal is facing challenges from environmental organizations and governments, but there is a strong bull case for the commodity. CONSOL Energy may be an attractive investment despite the negative sentiment towards coal.
Small-cap stocks have trailed their larger rivals for the last decade. The Russell 2000 Index that is comprised of 2,000 stocks with the smallest market capitalizations in the U.S. has risen 2.54% this year.
CANONSBURG, Pa. , May 21, 2024 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CEIX) reports that coal shipments to international markets began leaving its Marine Terminal in Baltimore last night.
Consol Energy: Short-Term Problems, Long-Term Value
CONSOL Energy Inc. (NYSE:CEIX ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Nathan Tucker - Director, Finance and Investor Relations Jimmy Brock - Chief Executive Officer Mitesh Thakkar - President and CFO Bob Braithwaite - Senior Vice President, Marketing and Sales Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Operator Good morning, ladies and gentlemen.
Consol Energy (CEIX) came out with quarterly earnings of $3.39 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $6.55 per share a year ago.
Coal producer Consol Energy Inc. CEIX, -0.49% on Tuesday beat analysts' lowered expectations for its first-quarter profit after the collapse of the Francis Scott Key Bridge in Baltimore shuttered a terminal that will remain closed through May, the company said. Consol Energy said net income for the quarter fell to $101.9 million, or $3.39 a share, less than half the year-ago figure of $230.38 million, or $6.51 a share.
David Einhorn is a professional investor who runs the Greenlight Capital hedge fund. Since its inception in 1996, Greenlight Capital has racked up some impressive gains.
With the disruptions in the global economy, now may be the time to consider coal stocks. Yes, it's an awfully anachronistic concept.
CANONSBURG, Pa. , April 11, 2024 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CEIX) will issue its first quarter earnings release before the market opens on Tuesday, May 7, 2024.