CONSOL EnergyNYSE: CEIX

CANONSBURG, Pa. , Aug. 8, 2024 /PRNewswire/ -- Today, CONSOL Energy Inc. (NYSE: CEIX) reported financial and operating results for the period ended June 30, 2024.

The company is a low-cost producer of high-quality bituminous coal operating in the Appalachian Basin. The company's Itmann Mining Complex that started its operations in 2022 could bring further net sales growth acceleration as the expansion continues in the future. The company's financial statements show decrease in net debt, and potential for further expansion in the metallurgical coal market.

CONSOL Energy Inc. remains undervalued with strong financial performance and growth prospects. Despite challenges like the collapse of the Francis Scott Key Bridge, CEIX managed to deliver solid results and increase export sales. Increasing demand for power from AI, electric vehicles, and data centers is driving growth opportunities for CEIX.

CANONSBURG, Pa. , July 16, 2024 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CEIX) will issue its second quarter earnings release before the market opens on Thursday, August 8, 2024.

Small-cap stocks are out of favor with investors right now and have been for some time. The Russell 2000 index comprised of the 2,000 smallest U.S. stocks, generally those with a market capitalization of under $10 billion, is up only 1% this year.

Natural gas demand in the US is expected to rise significantly by 2030 due to data center demand. Coal is facing challenges from environmental organizations and governments, but there is a strong bull case for the commodity. CONSOL Energy may be an attractive investment despite the negative sentiment towards coal.

David Einhorn is a seasoned investor who manages the Greenlight Capital hedge fund. Since starting in 1996, Greenlight Capital has achieved notable profits.

The coal miner owns an export terminal in the Port of Baltimore.

Consol Energy has extremely cheap valuations both in absolute and relative terms (i.e., compared to its historical valuation level and the sector). However, because of the strong cash generation and massive share buybacks, CEIX's stock price has surged higher, and that could potentially indicate an unfavorable entry point. Yet, the multiples have actually remained flat despite the recent run-up in the stock price. Namely, it has been CEIX's improving cash generation profile explaining the positive returns.