Crude oil (WTI) is gaining by 2.49% to $32.95 per barrel and Brent crude is rising by 2.15% to $35.15 per barrel, according to the CNBC.com index.
Oil reversed earlier losses this afternoon on a report that OPEC members and Russia had agreed to meet and discuss freezing crude output at January levels, Reuters reports.
Last week and earlier this week, the price of the commodity advanced after Venezuela, Saudi Arabia, Russia and Qatar floated capping production, Reuters added.
CONSOL Energy is a Canonsburg, PA-based integrated energy company that operates through two divisions: oil and gas exploration and production and coal mining.
About 11.29 million of the company's shares were traded by this afternoon, compared to its average volume of 10.54 million shares per day.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.
This is driven by multiple weaknesses, which should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks covered.
The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, generally disappointing historical performance in the stock itself, generally high debt management risk, poor profit margins and feeble growth in its earnings per share.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: CNX