Consol Energy Stock Fair Value Calculator – CONSOL ENERGY Reports Positive Second Quarter Earnings for 2023 Fiscal Year

☀️Earnings Overview

On June 30th 2023, CONSOL ENERGY ($NYSE:CEIX) released their earnings results for the second quarter of fiscal year 2023. Their total revenue for the period was USD 654.0 million, an 8.1% increase compared to the same quarter in the previous year. Net income saw a significant rise of 32.8%, totaling USD 167.7 million.

Stock Price

At the open, CONSOL ENERGY stock opened at $71.2 and closed at $79.8, representing a 9.5% increase from the prior closing price of 72.9. The positive earnings report has been attributed to CONSOL ENERGY’s continued focus on maximizing efficiency and cost-effectiveness throughout their operations.

Additionally, the company has seen an increase in demand for their products and services across the globe. Overall, it is clear that CONSOL ENERGY’s positive second quarter earnings report has been well received by the market. The company is well positioned to continue to generate strong returns for its investors in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Consol Energy. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Consol Energy. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Consol Energy. More…

Key Ratios Snapshot

Some of the financial key ratios for Consol Energy are shown below. More…

Analysis – Consol Energy Stock Fair Value Calculator

At GoodWhale, we have conducted an analysis of CONSOL ENERGY‘s wellbeing. Our proprietary Valuation Line has calculated that the fair value of CONSOL ENERGY share is around $53.2. However, at the moment the stock is trading at $79.8, which is overvalued by 50.1%. We believe this to be an unsustainable position and that investors should be aware of the significant difference between the fair value and market price. More…

Peers

The company’s competitors include PT Prima Andalan Mandiri Tbk, NACCO Industries Inc, and PT Delta Dunia Makmur Tbk.

– PT Prima Andalan Mandiri Tbk ($IDX:MCOL)

In 2022, PT Prima Andalan Mandiri Tbk had a market capitalization of 25.6 trillion rupiah and a return on equity of 66.4%. The company is a leading Indonesian provider of integrated logistics solutions. It offers a wide range of services, including transportation, warehousing, and distribution. The company has a strong focus on customer service and has a reputation for reliability and efficiency.

– NACCO Industries Inc ($NYSE:NC)

NACCO Industries, Inc. is a holding company, which engages in the mining, and consumer and industrial products businesses. It operates through the following segments: Mining, Consumer Products, and Industrial Products. The Mining segment comprises of coal mining operations. The Consumer Products segment consists of small appliances, specialty housewares, and gourmet cookware. The Industrial Products segment covers material handling products and other industrial equipment. The company was founded by Sherman Conger in 1919 and is headquartered in Cleveland, OH.

– PT Delta Dunia Makmur Tbk ($IDX:DOID)

Delta Dunia Makmur Tbk has a market cap of 3.18T as of 2022, a Return on Equity of 26.49%. The company is a leading provider of coal mining services in Indonesia. It is the largest producer of thermal coal in Indonesia and supplies coal to power plants and industrial customers in Indonesia and abroad.

Summary

Investors reacted positively to CONSOL ENERGY‘s second quarter earnings report for fiscal year 2023, with the company’s total revenue increasing 8.1% compared to the same quarter a year prior and net income rising 32.8%. This resulted in a jump in stock price on the same day. The strong financial performance is a sign of ongoing strength and growth for the company and suggests that CONSOL ENERGY is a good choice for investors looking for long-term returns.