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Stock Market & Financial Investment News

News Breaks
June 6, 2014
06:20 EDTCNXCONSOL upgraded at Goldman
As previously reported, Goldman upgraded CONSOL to Buy from Neutral. The firm upgraded shares to reflect Marcellus and Utica production growth, strong free cash flow in coal and potential catalysts from the June 12 Analyst day. Price target raised to $55 from $49.
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July 29, 2014
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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