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CONSOL Energy Inc CEIX

Alternate Symbol(s):  CNX

Energy Oil & Gas E&P
CONSOL Energy Inc. is a producer and exporter of high-Btu bituminous thermal coal and metallurgical coal. It owns and operates longwall mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex, located over 26 miles southwest of Pittsburgh, near the city of Washington and the borough of Waynesburg all in Pennsylvania, and consists of three deep longwall mining operations: the Bailey Mine, the Enlow Fork Mine and the Harvey Mine, as well as a centralized preparation plant. Its segments include the PAMC and the CONSOL Marine Terminal. The PAMC includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine and a centralized preparation plant. The PAMC segment's principal activities include the mining, preparation and marketing of bituminous coal, sold primarily to industrial end-users, metallurgical end-users and power generators. The CONSOL Marine Terminal segment provides coal export terminal services through the Port of Baltimore.


NYSE:CEIX - Post by User

CONSOL Energy Inc
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Post by daytradingARKon Feb 02, 2022 12:30pm
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Post# 34389502

My thoughts on the future of oil/gas stocks

My thoughts on the future of oil/gas stocks
This is just based off common sense, and is my own personal opinion.
Start of COVID - Less oil/gas needed, stocks in this industry go down.
COVID rules begin to go away - More oil/gas needed, stocks in this industry go up, as they have for the past 6 months-year.
It’s really just common sense. Countries in Europe have begun removes all COVID restrictions, which will only help oil/gas stocks.
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