CONSOL Energy (CNX) Earning Somewhat Negative Media Coverage, Analysis Finds

Media coverage about CONSOL Energy (NYSE:CNX) has been trending somewhat negative this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CONSOL Energy earned a news sentiment score of -0.09 on Accern’s scale. Accern also gave news headlines about the oil and gas producer an impact score of 42.7219531852548 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news headlines that may have effected Accern’s rankings:

Shares of CONSOL Energy (CNX) opened at $14.54 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.94 and a quick ratio of 0.86. CONSOL Energy has a one year low of $11.29 and a one year high of $18.62. The firm has a market cap of $3,287.02, a price-to-earnings ratio of 77.11 and a beta of 1.53.

CONSOL Energy (NYSE:CNX) last issued its quarterly earnings data on Tuesday, October 31st. The oil and gas producer reported ($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.14). The firm had revenue of $671.30 million during the quarter, compared to analyst estimates of $623.00 million. CONSOL Energy had a positive return on equity of 1.09% and a negative net margin of 7.49%. CONSOL Energy’s quarterly revenue was down 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.04 earnings per share. research analysts anticipate that CONSOL Energy will post 0.25 EPS for the current fiscal year.

CONSOL Energy declared that its board has approved a stock buyback plan on Tuesday, September 5th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the oil and gas producer to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

CNX has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of CONSOL Energy from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. Jefferies Group set a $20.00 price objective on shares of CONSOL Energy and gave the stock a “buy” rating in a research note on Monday, August 28th. Stifel Nicolaus set a $26.00 price objective on shares of CONSOL Energy and gave the stock a “buy” rating in a research note on Friday, August 25th. ValuEngine cut shares of CONSOL Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Scotiabank set a $21.00 price objective on shares of CONSOL Energy and gave the stock a “hold” rating in a research note on Monday, November 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $23.21.

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About CONSOL Energy

CONSOL Energy Inc (CONSOL Energy) is an integrated energy company. The Company’s divisions include Exploration and Production (E&P), Pennsylvania (PA) Mining Operations and Other. The E&P division operates through four segments: Marcellus Shale, Utica Shale, Coalbed Methane (CBM) and Other Gas, which produce pipeline quality natural gas for sale primarily to gas wholesalers.

Insider Buying and Selling by Quarter for CONSOL Energy (NYSE:CNX)

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