Consol Energy Inc. Buys 14,600 Shares of CONSOL Coal Resources LP (CCR) Stock

CONSOL Coal Resources LP (NYSE:CCR) Director Consol Energy Inc. purchased 14,600 shares of CONSOL Coal Resources stock in a transaction on Thursday, October 11th. The stock was bought at an average price of $18.58 per share, for a total transaction of $271,268.00. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Consol Energy Inc. also recently made the following trade(s):

  • On Monday, October 8th, Consol Energy Inc. purchased 9,600 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $18.74 per share, for a total transaction of $179,904.00.
  • On Thursday, October 4th, Consol Energy Inc. purchased 5,036 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $18.94 per share, for a total transaction of $95,381.84.
  • On Tuesday, October 2nd, Consol Energy Inc. purchased 13,200 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $18.43 per share, for a total transaction of $243,276.00.
  • On Friday, September 28th, Consol Energy Inc. purchased 13,500 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.96 per share, for a total transaction of $242,460.00.
  • On Wednesday, September 26th, Consol Energy Inc. purchased 10,700 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.93 per share, for a total transaction of $191,851.00.
  • On Monday, September 24th, Consol Energy Inc. purchased 7,600 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.90 per share, for a total transaction of $136,040.00.
  • On Thursday, September 20th, Consol Energy Inc. purchased 8,400 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.89 per share, for a total transaction of $150,276.00.
  • On Tuesday, September 18th, Consol Energy Inc. purchased 17,400 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.84 per share, for a total transaction of $310,416.00.
  • On Friday, September 14th, Consol Energy Inc. purchased 6,046 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.94 per share, for a total transaction of $108,465.24.
  • On Wednesday, September 12th, Consol Energy Inc. purchased 13,890 shares of CONSOL Coal Resources stock. The stock was bought at an average price of $17.48 per share, for a total transaction of $242,797.20.

Shares of NYSE:CCR opened at $18.13 on Friday. The stock has a market capitalization of $493.93 million, a PE ratio of 12.64 and a beta of 1.42. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.44 and a current ratio of 0.61. CONSOL Coal Resources LP has a 1 year low of $12.56 and a 1 year high of $19.33.

CONSOL Coal Resources (NYSE:CCR) last announced its quarterly earnings data on Thursday, August 2nd. The energy company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.09. The company had revenue of $98.06 million for the quarter, compared to the consensus estimate of $97.65 million. CONSOL Coal Resources had a return on equity of 27.24% and a net margin of 15.25%. On average, equities research analysts forecast that CONSOL Coal Resources LP will post 2.3 EPS for the current fiscal year.

A hedge fund recently raised its stake in CONSOL Coal Resources stock. Wells Fargo & Company MN increased its position in shares of CONSOL Coal Resources LP (NYSE:CCR) by 32,465.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,891 shares of the energy company’s stock after buying an additional 32,790 shares during the quarter. Wells Fargo & Company MN owned about 0.12% of CONSOL Coal Resources worth $458,000 at the end of the most recent quarter. Institutional investors and hedge funds own 23.63% of the company’s stock.

A number of brokerages have recently issued reports on CCR. ValuEngine raised CONSOL Coal Resources from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Zacks Investment Research raised CONSOL Coal Resources from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Wednesday, September 26th. Clarkson Capital downgraded CONSOL Coal Resources from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 11th. They noted that the move was a valuation call. B. Riley boosted their price objective on CONSOL Coal Resources from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, July 10th. Finally, Citigroup boosted their price objective on CONSOL Coal Resources from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, July 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $20.80.

About CONSOL Coal Resources

CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.

Recommended Story: Stock Split

Insider Buying and Selling by Quarter for CONSOL Coal Resources (NYSE:CCR)

Receive News & Ratings for CONSOL Coal Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CONSOL Coal Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply