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CONSOL Energy Inc. Message Board

  • mawsii1 mawsii1 Mar 19, 2013 1:54 PM Flag

    Can anyone explain today's sell off....nat close to 4.00 and this sell off doesn't make any sense..

    what is the issue...unreal,

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    • I would say just some profit taking, mostly by traders. Nothing fundamentally wrong with the company. If fact, and I didn't look, but as NG goes and says above, NBL will be contributing at or about 3 billion dollars for the wet marcellus deal. Gas operations should continue to build out through 2013 and beyond. CNX has a stacked plays in regards to NG, and coal to boot. Coal loadings via rail are at or about in the black now. So the two edge sword that hurt CNX the past year/year and half, could work now the other way. If your a long term holder, don't under estimate the intrinsic value of this company.

14.77+1.14(+8.36%)12:43 PMEDT