Consol Energy's adjusted core income falls 20 pct

Fri Jan 31, 2014 7:17am EST

Jan 31 (Reuters) - Consol Energy Inc's adjusted core earnings declined 20 percent in the fourth quarter due to lower margins in both its coal and natural gas businesses.

Adjusted EBITDA fell to $179 million for the quarter ended Dec. 31, from $224 million a year earlier.

Net income attributable to shareholders, which included earnings of $591 million from discontinued operations, rose nearly five times to $738.2 million, or $3.20 per share.

Revenue fell 12 percent to $825.2 million.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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