CONSOL ALERT

As the earnings call is just getting started, I just wanted to share I high conviction thought with you:

If you’re long CEIX, I think you have to bail on this name given the 2024 guidance.

Consensus estimates for 2024 EBITDA is $790 million. As I update my model with the help of new guidance provided, I get only $562 million in EBITDA for 2024.

What does…