CEIX Stock Recent News

CEIX has performed exceptionally well in the past two years amid a surge in coal prices that handed it windfall profits. CEIX's price to free cash flow ratio is at an all-time high, and its valuation is higher than its coal mining peers. The high valuation suggests limited upside considering coal prices have retreated in 2023 and the global macroeconomic outlook has weakened.

CANONSBURG, Pa. , Oct. 5, 2023 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CEIX) will issue its third quarter earnings release before the market opens on Tuesday, October 31, 2023.

Despite the expected drop in U.S. coal production volumes, coal producers like Peabody Energy (BTU), CONSOL Energy (CEIX) and SunCoke Energy (SXC) are likely to remain competitive with improving export volumes.

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CONSOL Energy has outperformed its coal peers and the S&P 500, thanks to its focus on export markets and operational improvements. The company has successfully reduced its reliance on domestic power customers and increased revenue from export industrial, power generation, and metallurgical coal. CEIX has a healthy balance sheet, generating significant free cash flow and achieving a net cash position, allowing for increased shareholder distributions through buybacks and dividends.

Consol Energy (CEIX) came out with quarterly earnings of $4.94 per share, beating the Zacks Consensus Estimate of $4.43 per share. This compares to earnings of $3.42 per share a year ago.

CANONSBURG, Pa. , July 11, 2023 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CEIX) will issue its second quarter earnings release before the market opens on Tuesday, August 8, 2023.

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CONSOL Energy's share price remains close to its all-time high despite pressure on coal prices and a predicted decline in US coal production. The company has adapted to the challenging market by focusing on the export market, where demand remains strong, particularly in the industrial sector. CEIX achieved record sales of 6.7 million tons of PAMC coal in the first quarter of 2023, with 66% of total realized coal revenue coming from the export market.

CONSOL Energy Inc. (NYSE:CEIX ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Jimmy Brock - Chief Executive Officer Mitesh Thakkar - President, Chief Financial Officer Bob Braithwaite - Senior Vice President of Marketing and Sales Dan Connell - Senior Vice President of Strategy Nathan Tucker - Director of Finance, Investor Relations Conference Call Participants Nathan Martin - The Benchmark Company Lucas Pipes - B. Riley Securities Michael Dudas - Vertical Research Partners Operator Good day!