Large Outflow of Money Witnessed in CONSOL Energy

CONSOL Energy (NYSE:CNX) During the most recent session, the shares traded at 0.9 points or 6.67% higher at $14.4. The money flow data is unimpressive with the net money flow value of $(-7.29) million. As per the intraday data, the upticks measured $8.41 million and the downticks measured $15.7 million. As a result, the up/down ratio registered a value of 0.54. The shares have seen 7.62% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $6.85 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-6.85) million.

Shares of CONSOL Energy Inc. rose by 6.88% in the last five trading days and 5.93% for the last 4 weeks. CONSOL Energy Inc. is up 21.81% in the last 3-month period. Year-to-Date the stock performance stands at 81.26%.

Currently the company Insiders own 1.5% of CONSOL Energy shares according to the proxy statements. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Consol Energy Inc, Thorndike William N Jr, had purchased 50,000 shares in a transaction dated on July 30, 2015. The transaction was executed at $16.88 per share with total amount equaling $844,000.

CONSOL Energy (NYSE:CNX) rose 5.93% or 0.8 points on Friday and made its way into the gainers of the day. After trading began at $13.7 the stock was seen hitting $14.74 as a peak level and $13.7 as the lowest level. The stock ended up at $14.3. The daily volume was measured at 8,681,583 shares. The 52-week high of the share price is $25.21 and the 52-week low is $4.54. The company has a market cap of $3,280 million.

CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining. The E&P division is focused on natural gas and liquids activities, including production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin (Pennsylvania, West Virginia, Ohio, Virginia and Tennessee). The coal division is focused on the extraction and preparation of coal, in the Appalachian Basin. It holds two joint ventures, one with Noble Energy, Inc. in the Marcellus Shale and one with a subsidiary of Hess Corporation in the Utica Shale. Its gas operations include Marcellus Shale, Utica Shale, Coalbed Methane and Other Gas properties. Its coal mining division includes Pennsylvania (PA) operations coal segment, Virginia (VA) operations coal segment and other coal segment. As of December 31, 2014, the Company has a total production of 645,792 million cubic feet per day (Mcfe per day).

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