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Stock Market & Financial Investment News

News For CNX;ACI From The Last 14 Days
Check below for free stories on CNX;ACI the last two weeks.
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July 29, 2014
07:46 EDTACIArch Coal reports Q2 adj. EPS (46c), consensus (49c)
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06:45 EDTCNXCONSOL reports Q2 coal production 8.3M tons
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06:42 EDTCNXCONSOL raises FY14 E&P production guidance to 225-235 Bcfe from 215-235 Bcfe
CONSOL Energy recently raised its 2014 E&P production guidance range to 225 - 235 Bcfe from earlier guidance of 215 - 235 Bcfe. To achieve the mid-point of the new range, the company will need to produce approximately 60 Bcfe in Q3 and 70 Bcfe in Q4. The company has a record number of Marcellus Shale wells due to be tied into line in Q3.
06:40 EDTCNXCONSOL reports Q2 EPS (11c), may not compare to consensus 25c
Reports Q2 revenue $937.37M, consensus $923.28M. Reports Q2 E&P Division production 51.9 Bcfe, up 34%.
July 28, 2014
15:47 EDTCNXNotable companies reporting before tomorrow's open
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July 21, 2014
16:19 EDTACIArch Coal idles Cumberland River coal complex, eliminates 213 full-time jobs
Arch Coal announced that it is idling the Cumberland River Coal Company complex. The Cumberland River complex comprises two underground operations and related facilities. 213 full-time positions will be eliminated by idling Cumberland River. "With this move, we are actively responding to currently challenged metallurgical coal markets while striving to enhance our overall competitive cost position in Appalachia," said John Eaves, Arch's president and CEO. "Our strategy is to increasingly shift our portfolio toward higher-margin, lower-cost metallurgical coal operations, while retaining our valuable reserves for when market conditions strengthen in the future."
July 15, 2014
06:48 EDTCNXCONSOL reports E&P division produced 51.9 Bcfe during Q2
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