CCR - CONSOL Coal: Fundamental Strength Adds To The Attraction

Thesis

In this article, I have analyzed the FY 2018 performance of CONSOL Coal Resources LP (CCR) in terms of financial and operational performance metrics. I have also evaluated the company's fundamental strengths and the changing dynamics of the US coal industry that provides an opportunity for business growth going forward. Finally, technical analysis will consider the price performance of the stock together with the medium-term target price.

Figure-1 (Source: CONSOL)

Performance Review

In terms of financial performance, CCR witnessed an improvement in both top-line revenues and bottom-line earnings, on a Y/Y

Read more ...