CONSOL Energy (CNX) has risen sharply, recording gains of 17.3% in the past 4 weeks. However, the stock has corrected -1.7% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 14.46% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
CONSOL Energy (NYSE:CNX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.13 and $18.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.05, notching a gain of 0.58% for the day. The total traded volume was 2,790,823 . The stock had closed at $18.94 on the previous day.
The stock has recorded a 20-day Moving Average of 8.08% and the 50-Day Moving Average is 18.92%. CONSOL Energy Inc. is up 27.94% in the last 3-month period. Year-to-Date the stock performance stands at 141.47%.
CONSOL Energy (CNX) : The highest short term price target forecast on CONSOL Energy (CNX) is $29 and the lowest target price is $14. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $20.3 with a standard deviation of $4.6.
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).