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$CNX 2Q15 Call: Total operating costs were $2.90 per Mcfe vs. FY14 cost of $3.31 per Mcfe. CNX reduced costs by over 12% YTD about 18 months ahead of schedule from 10-15% reduction. For Coal, Pennsylvania operations per unit cost reduced improved to $44.30 per ton vs. $45.02 per ton in 2Q14 and sales decreased 1.4MM tons vs. 2Q14.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.