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CONSOL Energy Announces Results for the First Quarter 2021


CONSOL Energy Announces Results for the First Quarter 2021
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CANONSBURG, Pa., May 4, 2021 /PRNewswire/  Today, CONSOL Energy Inc. (NYSE: CEIX) reported financial and operating results for the period ended March 31, 2021.
First Quarter 2021 Highlights Include:
GAAP net income of $26.4 million;
Coal shipments improve to 6.9 million tons, the highest level since 2Q19;
Quarterly adjusted EBITDA
Quarterly free cash flow
Average cash cost of coal sold per ton
1 of $24.44;
Proceeds from asset sales of $8.5 million supplements operating cash flow;
Cash and cash equivalents of $91.2 million as of March 31, 2021;
Reduction in consolidated indebtedness per credit agreement of $62.7 million; ....

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Consol Energy Inc (CEIX) Q1 2021 Earnings Call Transcript


Good morning and welcome to CEIX First Quarter 2021 Earnings Call. [Operator Instructions]
I d like to turn the conference over to Mr. Nathan Tucker, Director of Finance and IR. Please go ahead.
Nathan Tucker
Director of Finance and Investor Relations
Thank you, Nick and good morning, everyone. Welcome to CONSOL Energy s first quarter 2021 earnings conference call. Any forward-looking statements or comments we make about future expectations are subject to some risks which we ve outlined in our press release and in our SEC filings and are considered forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. We do not undertake any obligations of updating any forward-looking statements for future events or otherwise. We also be discussing certain non-GAAP financial measures, which are defined and reconciled to comparable GAAP financial measures in our press release and furnished to the SEC on Form 8-K, which is also posted ....

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