CEIX Stock Summary and Trading Ideas (Consol Energy Common | NYSE:CEIX)

CONSOL Energy Inc is a producer and exporter of high-BTU bituminous coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex) and CONSOL Marine Terminal. The company generates maximum revenue from the PAMC segment.

Consol Energy Common trades on the NYSE stock market under the symbol CEIX.

As of April 22, 2024, CEIX stock price climbed to $84.22 with 248,124 million shares trading.

CEIX has a beta of -0.21, meaning it tends to be less sensitive to market movements. CEIX has a correlation of 0.00 to the broad based SPY ETF.

CEIX has a market cap of $2.49 billion. This is considered a Mid Cap stock.

Last quarter Consol Energy Common reported $649 million in Revenue and $5.05 earnings per share. This beat revenue expectation by $41 million and exceeded earnings estimates by $.16.

In the last 3 years, CEIX stock traded as high as $114.30 and as low as $8.73.

The top ETF exchange traded funds that CEIX belongs to (by Net Assets): CALF, IJR, XME, IWM, VTI.

CEIX has outperformed the market in the last year with a price return of +49.3% while the SPY ETF gained +22.9%. However, in the short term, CEIX had mixed performance relative to the market. It has underperformed in the last 3 months, returning -12.2% vs +3.7% return in SPY. But in the last 2 weeks, CEIX shares have fared better than the market returning +1.4% compared to SPY -3.7%.

CEIX support price is $81.68 and resistance is $86.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CEIX stock will trade within this expected range on the day.