Stock Track | CONSOL Energy Soars 6.66% on Record Q3 Production and Robust 2025 Outlook

Stock Track11-06

CONSOL Energy Inc. (NYSE: CEIX) shares surged over 6.66% in pre-market trading on November 6, 2024, following the company's impressive third-quarter earnings report. The coal producer reported record production levels, lowest cash costs in recent quarters, and a strong contracted position for 2025, driving investor optimism.

The company achieved a staggering coal production of 7.2 million tons in Q3 2024, up 18% year-over-year, while simultaneously reducing its cash cost of coal sold per ton to $35.85, the lowest since Q1 2023. This operational efficiency, coupled with resilient product demand, contributed to a net income of $96 million or $3.22 per diluted share.

Looking ahead, CONSOL Energy has secured contracts for approximately 18 million tons in 2025, driven by robust demand in the crossover metallurgical coal market, particularly in China and Southeast Asia. The company's high-quality product has proven attractive for blending with Australian coking coal, positioning it well for future growth.

Despite challenges such as equipment delivery delays at the Itmann complex and weak domestic demand due to low natural gas prices, CONSOL Energy generated a robust free cash flow of $122 million during the quarter. The company also made progress on its proposed merger with Arch Resources, obtaining necessary regulatory approvals and focusing on securing shareholder approval.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1170050436?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-06 20:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1170050436","market":"us","top_or_hot":-1,"title":"Stock Track | CONSOL Energy Soars 6.66% on Record Q3 Production and Robust 2025 Outlook","media":"Stock Track","content":"<p>CONSOL Energy Inc. (NYSE: CEIX) shares surged over 6.66% in pre-market trading on November 6, 2024, following the company's impressive third-quarter earnings report. The coal producer reported record production levels, lowest cash costs in recent quarters, and a strong contracted position for 2025, driving investor optimism.</p>\n\n<p>The company achieved a staggering coal production of 7.2 million tons in Q3 2024, up 18% year-over-year, while simultaneously reducing its cash cost of coal sold per ton to $35.85, the lowest since Q1 2023. This operational efficiency, coupled with resilient product demand, contributed to a net income of $96 million or $3.22 per diluted share.</p>\n\n<p>Looking ahead, CONSOL Energy has secured contracts for approximately 18 million tons in 2025, driven by robust demand in the crossover metallurgical coal market, particularly in China and Southeast Asia. The company's high-quality product has proven attractive for blending with Australian coking coal, positioning it well for future growth.</p>\n\n<p>Despite challenges such as equipment delivery delays at the Itmann complex and weak domestic demand due to low natural gas prices, CONSOL Energy generated a robust free cash flow of $122 million during the quarter. The company also made progress on its proposed merger with Arch Resources, obtaining necessary regulatory approvals and focusing on securing shareholder approval.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | CONSOL Energy Soars 6.66% on Record Q3 Production and Robust 2025 Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | CONSOL Energy Soars 6.66% on Record Q3 Production and Robust 2025 Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-06 20:40 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CONSOL Energy Inc. (NYSE: CEIX) shares surged over 6.66% in pre-market trading on November 6, 2024, following the company's impressive third-quarter earnings report. The coal producer reported record ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CEIX","symbol_name":"CONSOL Energy Inc.","start_time":0,"source_url":"","article_id":"1170050436","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170050436","pubTimestamp":1730896841,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"CONSOL Energy Inc.  shares surged over 6.66% in pre-market trading on November 6, 2024, following the company's impressive third-quarter earnings report. The coal producer reported record production levels, lowest cash costs in recent quarters, and a strong contracted position for 2025, driving investor optimism.The company achieved a staggering coal production of 7.2 million tons in Q3 2024, up 18% year-over-year, while simultaneously reducing its cash cost of coal sold per ton to $35.85, the l","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CEIX":"CONSOL Energy Inc."},"translate_title":"股票轨迹CONSOL Energy因创纪录的第三季度产量和强劲的2025年前景而飙升6.66%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CEIX":1},"content_text":"CONSOL Energy Inc. (NYSE: CEIX) shares surged over 6.66% in pre-market trading on November 6, 2024, following the company's impressive third-quarter earnings report. The coal producer reported record production levels, lowest cash costs in recent quarters, and a strong contracted position for 2025, driving investor optimism.\nThe company achieved a staggering coal production of 7.2 million tons in Q3 2024, up 18% year-over-year, while simultaneously reducing its cash cost of coal sold per ton to $35.85, the lowest since Q1 2023. This operational efficiency, coupled with resilient product demand, contributed to a net income of $96 million or $3.22 per diluted share.\nLooking ahead, CONSOL Energy has secured contracts for approximately 18 million tons in 2025, driven by robust demand in the crossover metallurgical coal market, particularly in China and Southeast Asia. The company's high-quality product has proven attractive for blending with Australian coking coal, positioning it well for future growth.\nDespite challenges such as equipment delivery delays at the Itmann complex and weak domestic demand due to low natural gas prices, CONSOL Energy generated a robust free cash flow of $122 million during the quarter. The company also made progress on its proposed merger with Arch Resources, obtaining necessary regulatory approvals and focusing on securing shareholder approval.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1170050436"}