Consol Energy posts quarterly profit as gas sales rise

April 29 Tue Apr 29, 2014 7:02am EDT

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April 29 (Reuters) - Consol Energy Inc reported a first-quarter profit, compared with a loss in the year-earlier quarter, as sales of natural gas and liquids rose.

Net income was $116 million, or 50 cents per share in the quarter ended March 31, compared with a net loss of $1.8 million, or 1 cent per share, a year earlier.

Revenue rose 15 percent to $969.2 million. (Reporting By Kanika Sikka and Sneha Banerjee in Bangalore; Editing by Maju Samuel)

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