CONSOL Energy (CNX) Tops Q1 EPS by 1c
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CONSOL Energy Reports First Quarter Results; Record Quarterly E&P Production of 97.5 Bcfe; Total E&P Division Cash Costs of $1.33 Per Mcfe; Borrowing Base Reaffirmed at $2 billion; Liquidity I
April 26, 2016 6:45 AM EDTPITTSBURGH, April 26, 2016 /PRNewswire/ --Â CONSOL Energy Inc. (NYSE: CNX) reported a net loss from continuing operations of $50 million for the quarter, or ($0.22) per diluted share. When including the loss from discontinued operations, net of tax, of $46 million, less net income attributable to noncontrolling interest, the company reported a net loss attributable to CONSOL Energy shareholders of $98 million or ($0.43) per diluted share.
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(Dollars in thousands)
Q1... More
CNX Coal Resources LP Announces Results for the First Quarter 2016
April 25, 2016 4:10 PM EDTPITTSBURGH, April 25, 2016 /PRNewswire/ --Â CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended March 31, 2016.
First Quarter 2016 Results
Highlights of the CNXC first quarter of 2016 results include:
Cash distribution of $0.5125 per unit Net income of $2.5 million Adjusted EBITDA1 of $13.1 million Achieved its lowest cost of coal sales in last six years Increased 2016 adjusted EBITDA guidance by $2.0 million Reduced 2016 capital expenditures guidance by $7.0 millionManagement... More
