The Favorable Press Coverage Extremely Likely to Affect CONSOL Energy (CNX) Share Price

The Favorable Press Coverage Extremely Likely to Affect CONSOL Energy (CNX) Share Price

Here are some of the news stories that may have impacted AlphaOne Sentiment Analysis’s analysis:

News articles about CONSOL Energy (NYSE:CNX) have been trending positive on Monday, according to AlphaOne Sentiment. The research firm, a unit of Accern, rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CONSOL Energy earned a media sentiment score of 0.44 on AlphaOne’s scale. AlphaOne also assigned media headlines about the oil and gas producer an impact score of 100 out of 100, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the immediate future.

A number of equities analysts have weighed in on the stock. Scotiabank reissued a “hold” rating and issued a $24.00 price objective on shares of CONSOL Energy in a research report on Tuesday, February 21st. Jefferies Group LLC set a $22.00 price objective on shares of CONSOL Energy and gave the company a “buy” rating in a research report on Saturday, March 4th. Zacks Investment Research cut shares of CONSOL Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, March 21st. Barclays PLC reissued an “equal weight” rating and issued a $18.00 price objective (down from $20.00) on shares of CONSOL Energy in a research report on Saturday, April 22nd. Finally, KLR Group reissued a “buy” rating and issued a $24.00 price objective (up from $22.00) on shares of CONSOL Energy in a research report on Wednesday, May 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $22.67. CONSOL Energy (NYSE CNX) opened at 14.26 on Monday. The stock’s 50 day moving average is $15.68 and its 200 day moving average is $17.24. The company’s market cap is $3.28 billion. CONSOL Energy has a 12 month low of $12.87 and a 12 month high of $22.34.

CONSOL Energy (NYSE:CNX) last posted its quarterly earnings results on Tuesday, May 2nd. The oil and gas producer reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.06. The company had revenue of $698.71 million for the quarter, compared to analyst estimates of $648.26 million. CONSOL Energy had a negative net margin of 41.33% and a negative return on equity of 2.32%. The business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period last year, the business posted ($0.43) EPS. Equities analysts predict that CONSOL Energy will post $0.48 earnings per share for the current year. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “CNX”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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