CONSOL Energy (CNX) PT Lowered to $24 at KLR Group

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CONSOL Energy Reports Fourth Quarter Results; Record Quarterly Production of 101.3 Bcfe; Total Production Costs Fall to $2.27 per Mcfe; Total Liquidity Improves to $1.73 billion

January 31, 2017 6:45 AM EST

PITTSBURGH, Jan. 31, 2017 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) reported net cash provided by operating activities in the just-ended quarter of $83 million, compared to $102 million in the year-earlier quarter, which includes $4 million and $5 million of net cash used in discontinued operating activities, respectively. For the year ended December 31, 2016, CONSOL Energy reported net cash provided by operating activities of $469 million, compared to $506 million for year ended December 31, 2015, which includes $10 million and $6 million of net cash provided by discontinued operating activities, respectively. 

"During the quarter, CONSOL further executed upon strategic goals... More

CNX Coal Resources LP Announces Results for the Fourth Quarter 2016

January 30, 2017 4:10 PM EST

PITTSBURGH, Jan. 30, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended December 31, 2016.

Fourth Quarter 2016 Results

Highlights of the CNXC fourth quarter 2016 results include:

Cash distribution of $0.5125 per limited partner unit for the fourth quarter Record quarterly production and sales volume Net income of $11.7 million Adjusted EBITDA1 of $25.1 million Distribution coverage... More