Somewhat Favorable Press Coverage Somewhat Unlikely to Impact CONSOL Energy (CNX) Share Price

Media coverage about CONSOL Energy (NYSE:CNX) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CONSOL Energy earned a news impact score of 0.10 on Accern’s scale. Accern also gave news headlines about the oil and gas producer an impact score of 47.0495906567227 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

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

Shares of CONSOL Energy (NYSE CNX) traded down 1.93% during mid-day trading on Wednesday, hitting $14.24. The company had a trading volume of 2,000,613 shares. The company’s market capitalization is $3.28 billion. The company has a 50-day moving average price of $15.55 and a 200-day moving average price of $15.75. CONSOL Energy has a 1-year low of $13.55 and a 1-year high of $22.34.

CONSOL Energy (NYSE:CNX) last issued its earnings results on Tuesday, August 1st. The oil and gas producer reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.07. The company had revenue of $865.95 million during the quarter, compared to analyst estimates of $678.79 million. CONSOL Energy had a positive return on equity of 1.09% and a negative net margin of 5.42%. The firm’s quarterly revenue was up 202.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.21) EPS. On average, equities analysts anticipate that CONSOL Energy will post $0.61 EPS for the current year.

A number of research analysts have issued reports on the company. BidaskClub cut CONSOL Energy from a “hold” rating to a “sell” rating in a research note on Monday. Scotiabank set a $21.00 price target on CONSOL Energy and gave the stock a “hold” rating in a research note on Tuesday, August 1st. Zacks Investment Research cut CONSOL Energy from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Jefferies Group LLC set a $20.00 price target on CONSOL Energy and gave the stock a “buy” rating in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $26.00 price target on shares of CONSOL Energy in a research note on Friday, July 14th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $22.57.

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In other news, Director J. Palmer Clarkson bought 10,000 shares of CONSOL Energy stock in a transaction that occurred on Thursday, August 3rd. The stock was bought at an average price of $15.40 per share, for a total transaction of $154,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.50% of the company’s stock.

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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