CONSOL Energy Coal Shipments Resume from Its Marine Terminal in Baltimore
Portfolio Pulse from Benzinga Newsdesk
CONSOL Energy Inc. (NYSE:CEIX) has resumed coal shipments from its Marine Terminal in Baltimore after a shutdown caused by the collapse of the Francis Scott Key bridge. The first shipment departed Monday night.
May 21, 2024 | 10:48 am
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POSITIVE IMPACT
CONSOL Energy has resumed coal shipments from its Baltimore terminal, which had been shut down due to the collapse of the Francis Scott Key bridge. This resumption is likely to positively impact the company's short-term revenues.
The resumption of coal shipments from the Baltimore terminal is a significant operational update for CONSOL Energy. This will likely lead to an increase in short-term revenues as international shipments resume.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100