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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.
Forward Guidance
Due to the ongoing uncertainty associated with the COVID-19 pandemic-driven economic slowdown, our 2020 guidance remains suspended.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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