CONSOL Energy (CNX) Tops Q1 EPS by 24c

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CONSOL Energy Reports First Quarter Net Income of $79 million, or $0.34 per Diluted Share; Record Quarterly E&P Production of 71.6 Bcfe; Multi-Year Sales Secured To Bring Pennsylvania Thermal To A

April 28, 2015 6:45 AM EDT

PITTSBURGH, April 28, 2015 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) reported net income of $79 million for the quarter, or $0.34 per diluted share. This compares to net income of $116 million, or $0.50 per diluted share from the year-earlier quarter, which included a loss from discontinued operations of $6 million.

After adjusting for certain one-time items, which are listed in the EBITDA reconciliation table, the company had adjusted net income1 in the 2015 first quarter of $85 million, or $0.37 per share. Adjusted EBITDA1 from continuing operations was $266 million for the 2015 first quarter, compared to $310 million in the... More