CONSOL Energy (NYSE:CNX) is starting to straddle the fence between being a coal company and a natural gas company, with the latter where the money is flowing. The company reported a pretty good fisrt quarter, with total natural-gas production up 24%, primarily in the Marcellus, which added $74 million net income.
In this video, Fool contributor Tyler Crowe and energy and materials analyst Joel South talk about CONSOL's diversification through natural gas, which has brought the company solid earnings organically, not via funky asset sales.
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Joel South has no position in any stocks mentioned. Tyler Crowe has no position in any stocks mentioned. The Motley Fool recommends Nucor. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.