CONSOL Energy Inc. Announces Variable Dividend of $0.25 (NYSE:CEIX)

CONSOL Energy Inc. (NYSE:CEIX – Get Free Report) declared a variable dividend on Wednesday, August 21, NASDAQ reports. Shareholders of record as of Friday, August 30 will receive a dividend of 0.25 per share on Friday, September 13. The ex-dividend date for this dividend is Friday, August 30.

CONSOL Energy Trading up 0.8%

Shares of NYSE:CEIX opened at $95.51 on Thursday. CONSOL Energy has a 52-week low of $75.43 and a 52-week high of $114.30. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.21, and a current ratio of 1.47. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 5.79, and a beta of 1.77. The company has a 50-day simple moving average of $98.07 and a 200-day simple moving average of $90.96.

CONSOL Energy (NYSE:CEIX – Get Free Report) released its quarterly results on Thursday, August 8th. The company reported earnings per share (EPS) of $1.96 for the quarter, beating analysts’ consensus estimates of $1.28 by $0.68. The company had revenue of $501.10 million for the quarter, compared to analysts’ expectations of $429.90 million. CONSOL Energy had a return on equity of 39.24% and a net margin of 21.57%. During the same period last year, the company posted earnings per share of $4.94. Sell-side analysts expect CONSOL Energy to post earnings per share of $11.58 for the current year.

Insider buying and selling

In other CONSOL Energy news, CEO James A. Brock sold 1,700 shares of the company’s stock in a transaction dated Thursday, June 27th. The shares were priced at an average price of $99.55, for a total value of $169,235.00. Following the transaction, the CEO now directly owns 529,487 shares of the company’s stock, valued at approximately $52,710,430.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed via this hyperlink. 2.10% of the shares are currently held by insiders.

About CONSOL Energy

(Get a free report)

CONSOL Energy Inc., together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The Company’s PAMC segment is engaged in the mining, preparation and marketing of bituminous coal to power producers, industrial end users and metallurgical end users.

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