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Mar 31, 2021
CONSOL Energy Q1 2021 Earnings Report
Reported strong finish to 2020 by producing and selling nearly 7.0 million tons and expanding cash margins.
Key Takeaways
CONSOL Energy Inc. reported strong first quarter 2021 results, with increased production and sales volume, driven by improved demand and export market growth. The company reduced its average cash cost of coal sold per ton and bolstered its balance sheet through debt reduction.
Quarterly adjusted EBITDA of $106.7 million.
Net cash provided by operating activities of $78.0 million.
Average cash cost of coal sold per ton of $24.44.
Export accounted for approximately 48% of our 1Q21 shipments
CONSOL Energy
CONSOL Energy
Forward Guidance
Based on our current contracted position, estimated prices and production plans, we are providing the following financial and operating performance guidance for 2021