•
Sep 30, 2020
CONSOL Energy Q3 2020 Earnings Report
CONSOL Energy reported results for the third quarter of 2020, which included a net loss, improved coal sales volume, and progress in securing additional coal sales contracts for 2021.
Key Takeaways
CONSOL Energy Inc. reported a net loss of $9.4 million for the third quarter of 2020. However, the company saw a rebound in coal sales volume and made strides in securing contracts for 2021.
Net loss of $9.4 million.
Net cash provided by operating activities was $15.7 million.
Coal sales volume rebounded to 4.5 million tons.
Executed multiple transactional opportunities to improve financial flexibility.
CONSOL Energy
CONSOL Energy
Forward Guidance
Due to the ongoing uncertainty associated with the COVID-19 pandemic-driven economic slowdown, our 2020 guidance remains suspended.