Oct. 26 at 12:03 PM
$CNX ignore the noise - PT upgrades/downgrades, NG spot prices, economic uncertainty, etc. - this producers is profitable throughout the cycle and is 85% hedged at prices that guarantee FCF. Look for updates on production efficiency, declining capital expenditures, and share count reduction. FCF per share is the North Star of management and drives the capital allocation story. All other focus by Wall Street is just noise.
