CONSOL Energy (CNX) Given News Sentiment Score of 0.02
News articles about CONSOL Energy (NYSE:CNX) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CONSOL Energy earned a news impact score of 0.02 on Accern’s scale. Accern also gave headlines about the oil and gas producer an impact score of 43.4424965997209 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.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- What Does CNX Resources (CNX) Stock Offer to Investors? (finance.yahoo.com)
- Putting the Heat on Windstream Holdings, Inc. (WIN), CONSOL Energy Inc. (CNX) – Market Movers (financialqz.com)
- CNX Resources, CONSOL Energy Begin to Trade Post Spin-Off (zacks.com)
- CONSOL Energy : CNX Resources completes spin-off of Consol Energy (4-traders.com)
- CONSOL Energy (CNX) Coverage Initiated at Seaport Global Securities (americanbankingnews.com)
CONSOL Energy (NYSE CNX) traded up $0.96 during midday trading on Friday, hitting $14.91. The company had a trading volume of 5,054,933 shares, compared to its average volume of 3,307,144. CONSOL Energy has a fifty-two week low of $13.37 and a fifty-two week high of $22.34. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 0.62. The firm has a market cap of $3,430.85, a PE ratio of 78.47 and a beta of 1.53.
CONSOL Energy (NYSE:CNX) last posted its quarterly earnings data on Tuesday, October 31st. The oil and gas producer reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.14). CONSOL Energy had a positive return on equity of 1.09% and a negative net margin of 7.49%. The business had revenue of $671.30 million for the quarter, compared to analyst estimates of $623.00 million. During the same period in the prior year, the firm posted $0.04 EPS. CONSOL Energy’s revenue for the quarter was down 10.0% on a year-over-year basis. sell-side analysts predict that CONSOL Energy will post 0.25 earnings per share for the current fiscal year.
CONSOL Energy declared that its board has approved a stock repurchase plan on Tuesday, September 5th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the oil and gas producer to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.
Several analysts have recently issued reports on the company. Seaport Global Securities assumed coverage on CONSOL Energy in a research note on Thursday. They set a “buy” rating and a $32.00 price target for the company. BidaskClub downgraded CONSOL Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Susquehanna Bancshares boosted their price objective on CONSOL Energy from $16.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, September 25th. Zacks Investment Research cut CONSOL Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, SunTrust Banks set a $17.00 price objective on CONSOL Energy and gave the stock a “hold” rating in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $23.21.
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CONSOL Energy Company Profile
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.
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