Thesis
In this article, we will evaluate CONSOL Coal's (CCR) FY 2019 performance and analyze the company's outlook in terms of guidance for FY 2020 revenues and earnings. The discussion will analyze how certain macroeconomic factors (including the prices and demand for coal) are likely to inhibit a notable recovery in CCR's share prices from the current levels. The situation is likely to deteriorate amid the coronavirus outbreak that has triggered fears of a global economic slowdown and implies that CCR's yield may suffer on account of dividend cuts (despite the expected fall