Jan 29, 2016 1 min read

Consol Energy Inc. on Friday reported a fourth-quarter profit of $30.4 million, or 13 cents per share — less than half the profit of $73.7 million, or 32 cents per share, from the same period of 2014.

Losses, adjusted for non-recurring gains, were 11 cents per share. The results did not meet Wall Street expectations; the average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

Consol posted revenue of $761.9 million during the period.

Still suppressed prices for oil, gas played havoc with the Southpointe-based company’s results. Consol reported a loss of $374.9 million, or $1.64 per share, for the year. Revenue was reported as $3.11 billion.

Consol shares have declined 15 percent since the beginning of the year, while the Standard & Poor’s 500 index has declined slightly more than 7 percent. The stock has declined 77 percent over the past 12 months.

Consol Energy’s spinoff, CNX Coal, reported Thursday that it has a fourth-quarter profit of $8.7 million (37 cents per share).