CONSOL Energy Reports Second Quarter Results; Record Quarterly E&P Production of 99.3 Bcfe; Decreased E&P Division Operating Costs to $2.27 Per Mcfe; Decreased 2016 E&P Division Capital Bu

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Go back to CONSOL Energy Reports Second Quarter Results; Record Quarterly E&P Production of 99.3 Bcfe; Decreased E&P Division Operating Costs to $2.27 Per Mcfe; Decreased 2016 E&P Division Capital Bu

Jefferies Raises Price Target on CONSOL Energy (CNX) to $20 Following 2Q Earnings

July 27, 2016 9:09 AM EDT

Jefferies reiterated a Buy rating on CONSOL Energy (NYSE: CNX), and raised the price target to $20.00 (from $19.00), following the company's 2Q earnings report. CNX reported an EPS loss of $0.21, which compares to consensus estimates for a loss of $0.17. Production of 1,091 MMcfe/d came... More

CONSOL Energy (CNX) Misses Q2 EPS by 2c

July 26, 2016 8:10 AM EDT

CONSOL Energy (NYSE: CNX) reported Q2 EPS of ($0.21), $0.02 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $285.8 million versus the consensus estimate of $563.44 million.

"During the quarter, CONSOL drove down E&P unit costs by 18%, compared to the prior-year quarter, generated $46 million in... More