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  "documentTitle": "CONSOL Energy (CNX)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "presentationDate": "2015-11-16 00:00:00",
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  "notes": "The table highlights the sensitivity of the valuation to market variables, with a specific focus on the 8.4% WACC and 0% premium scenario.",
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      "text": "Remember, Wall Street insists this is a coal company.",
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      "text": "DCF value: $6.6bn",
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      "text": "Here is the DCF sensitivity in the shale business to higher gas prices, not counting the additional optionality for higher coal prices, which would probably follow gas prices higher. Remember, Wall Street insists this is a coal company.",
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      "text": "Source: Greenlight estimates and calculations. Please refer to accompanying shale gas discounted cash flow model for details assumptions.",
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