CONSOL Energy Announces Results for the First Quarter 2021
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CONSOL Energy (CEIX) Reports Q1 Revenues Beat
May 4, 2021 7:36 AM EDTCONSOL Energy (NYSE: CEIX) reported Q1 revenue for the quarter came in at $284.47 million versus the consensus estimate of $271.45 million.
First Quarter 2021 Highlights Include:
GAAP net income of $26.4 million;Coal shipments improve to 6.9 million tons, the highest level since 2Q19;Quarterly adjusted EBITDA1 of $106.7 million;Net cash provided by operating activities of $78.0 million;Quarterly free cash flow1 of $72.7 million;Total costs and expenses of $310.6 million;Average cash cost of coal sold per ton1 of $24.44;Record quarterly export sales of 3.3 million tons,... More