CONSOL Energy (CNX) Misses Q4 EPS by 2c

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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

January 29, 2016 6:46 AM EST

PITTSBURGH, Jan. 29, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) reported net income attributable to CONSOL Energy shareholders of $30 million for the quarter, or $0.13 per diluted share. This is compared to net income attributable to CONSOL Energy shareholders of $74 million, or $0.32 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 CONSOL Energy shareholders was $363 million for the 2015 fourth quarter, compared to $299 million in the year-earlier quarter. 

After adjusting for certain unusual... More