Consol Energy Inc. Purchases 9,341 Shares of CONSOL Coal Resources LP (CCR) Stock

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CONSOL Coal Resources LP (NYSE:CCR) Director Consol Energy Inc. purchased 9,341 shares of the stock in a transaction on Monday, October 29th. The stock was acquired at an average price of $18.98 per share, for a total transaction of $177,292.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Monday, October 22nd, Consol Energy Inc. acquired 10,400 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.80 per share, for a total transaction of $195,520.00.
  • On Thursday, October 18th, Consol Energy Inc. acquired 12,300 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.88 per share, for a total transaction of $232,224.00.
  • On Monday, October 15th, Consol Energy Inc. acquired 8,895 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.46 per share, for a total transaction of $164,201.70.
  • On Thursday, October 11th, Consol Energy Inc. acquired 14,600 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.58 per share, for a total transaction of $271,268.00.
  • On Monday, October 8th, Consol Energy Inc. acquired 9,600 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.74 per share, for a total transaction of $179,904.00.
  • On Thursday, October 4th, Consol Energy Inc. acquired 5,036 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.94 per share, for a total transaction of $95,381.84.
  • On Tuesday, October 2nd, Consol Energy Inc. acquired 13,200 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $18.43 per share, for a total transaction of $243,276.00.
  • On Friday, September 28th, Consol Energy Inc. acquired 13,500 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $17.96 per share, for a total transaction of $242,460.00.
  • On Wednesday, September 26th, Consol Energy Inc. acquired 10,700 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $17.93 per share, for a total transaction of $191,851.00.
  • On Monday, September 24th, Consol Energy Inc. acquired 7,600 shares of CONSOL Coal Resources stock. The shares were purchased at an average price of $17.90 per share, for a total transaction of $136,040.00.

CCR traded up $0.22 on Tuesday, reaching $19.02. The company had a trading volume of 55,785 shares, compared to its average volume of 53,190. CONSOL Coal Resources LP has a fifty-two week low of $12.56 and a fifty-two week high of $19.94. The firm has a market cap of $540.43 million, a P/E ratio of 13.03 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 (NYSE:CCR) last announced its quarterly earnings results on Thursday, August 2nd. The energy company reported $0.69 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.09. CONSOL Coal Resources had a net margin of 15.25% and a return on equity of 27.24%. The business had revenue of $98.06 million for the quarter, compared to analyst estimates of $97.65 million. As a group, equities analysts forecast that CONSOL Coal Resources LP will post 2.3 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Thursday, November 8th will be paid a $0.5125 dividend. The ex-dividend date of this dividend is Wednesday, November 7th. This represents a $2.05 dividend on an annualized basis and a yield of 10.78%. CONSOL Coal Resources’s dividend payout ratio (DPR) is currently 140.41%.

An institutional investor recently raised its position in CONSOL Coal Resources stock. Wells Fargo & Company MN boosted its stake in CONSOL Coal Resources LP (NYSE:CCR) by 32,465.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 32,891 shares of the energy company’s stock after buying an additional 32,790 shares during the period. Wells Fargo & Company MN owned approximately 0.12% of CONSOL Coal Resources worth $458,000 as of its most recent filing with the SEC. 23.63% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of 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 lowered shares of 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. ValuEngine upgraded shares of CONSOL Coal Resources from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Citigroup boosted their price objective on shares of CONSOL Coal Resources from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 31st. Finally, B. Riley boosted their price objective on shares of CONSOL Coal Resources from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, July 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. CONSOL Coal Resources currently has a consensus rating of “Hold” and an average price target of $20.25.

CONSOL Coal Resources Company Profile

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.

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

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