CONSOL Energy Q4 2021 Earnings Report
Key Takeaways
CONSOL Energy Inc. reported strong financial and operating results for Q4 2021, with normalized operations and 23.9 million tons of production despite transportation delays. The company generated $186 million in free cash flow and added approximately $100 million of unrestricted cash and cash equivalents to its balance sheet. CEIX made payments of more than $100 million toward its legacy debt outstanding, while additionally raising $75 million in tax-exempt bonds.
Reduced total debt outstanding by $30.8 million during 4Q21
Sales team sold 5.6 million tons of coal during the fourth quarter of 2021 at an average revenue per ton of $51.27.
PAMC produced 5.6 million tons in 4Q21.
Throughput volumes at the CMT were 3.1 million tons for the fourth quarter of 2021.
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 2022: