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Update on CEIX and CCR

On March 12, 2018, I had penned a note “Why CCR 14% yield is solid” on this site. For background, you can read it here. On February 7, 2019, Consol Energy (CEIX) and its MLP, Consol Coal Resources (CCR) released Q4-2018 results and provided  initial guidance for 2019.  Based upon the cash flow generated by…

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Why CCR 14% Dividend is Solid

  Setting aside the fact that its ticker symbol reminds me of one of my favorite rock bands.. Since the CNX/CEIX spin off, I have taken a close look at CEIX and have found that its MLP, CCR, is very attractively priced both on an absolute basis as well as relative to its peer group. …