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    Core Natural Resources Reports Fourth Quarter 2024 Results

    2/20/25 6:45:00 AM ET
    $CNR
    Coal Mining
    Energy
    Get the next $CNR alert in real time by email

    Adopts new capital return framework heavily weighted toward share repurchases

    Announces board authorization of $1 billion for share repurchases

    Takes steps in first five weeks to lock in one-third of projected synergies

    Resumes development work with continuous miner units at Leer South mine

    CANONSBURG, Pa., Feb. 20, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) reported financial and operating results for the period ended December 31, 2024.

    Management Comments

    "The Core team is off to an excellent start in integrating the combined operating, marketing and logistics portfolio into a cohesive, high-performing unit; capturing the substantial synergies created by this transformational merger; and laying the foundation for long-term value creation via the tight alignment of its global metallurgical and high calorific value thermal segments," said Paul A. Lang, Core's chief executive officer.

    Shareholder Return Framework

    "Core's board of directors recently adopted a capital return framework designed to reward shareholders for their strong, ongoing support," Lang said. "The centerpiece of this framework is the targeted return to shareholders of around 75 percent of free cash flow, with the significant majority of that return directed to share repurchases complemented by a sustaining quarterly dividend of $0.10 per share."

    In strong support of this new framework, the board authorized a total of $1.0 billion in share repurchases.

    Leer South Update

    On January 15, 2025, Core announced that it was sealing Leer South's active longwall panel to extinguish isolated combustion-related activity there. Since that time, the Leer South team – in close collaboration with federal and state regulators – has safely re-entered the mine and resumed development work with continuous miner units. Additionally, the team has assessed – via the deployment of infrared cameras and other monitoring activities – that the mine's longwall equipment was largely unaffected by the event.

    "On behalf of the board and the entire senior management team, I want to again commend the operations team as well as federal and state regulators for their exceptional work in managing this situation in a safe and efficient manner," Lang said. "The team's great efforts have placed us well on track to resume longwall production mid-year, in keeping with our originally indicated timeline."

    Synergy Update

    The Core team is sharply focused on driving forward with capturing the already identified $110 million to $140 million in synergies created by the combination. "In the five weeks since the merger's completion, the team has executed on strategies that are expected to yield approximately one third of that value – at the midpoint of guidance – via the streamlining of the operational and corporate structure, coal blending opportunities, and early progress in the procurement arena," Lang said. "Simultaneously, we are exploring additional avenues for value creation – via the sharing of best practices and the harnessing of the Core team's collective expertise and creativity – as we seek to ensure that Core delivers on its vast potential."

    Financial and Liquidity Update

    Upon the merger's closing on January 14, 2025, Core had total liquidity of $1.1 billion, including $590 million in cash and cash equivalents and short-term investments.

    As previously announced, in connection with the closing of the merger, Core recently amended and extended the legacy CONSOL revolving credit facility, upsizing the facility commitments to $600 million from the previous $355 million while extending the maturity to April 30, 2029. Additionally, Core successfully reduced the annual interest rate by 75 basis points while further enhancing financial flexibility.

    Prior to the merger's close, CONSOL purchased at par – and in lieu of redemption – Arch's outstanding tax-exempt bonds for $98.1 million and plans to remarket these bonds at a later date, subject to market conditions.

    The Company projects merger-related cash expenditures of around $100 million during 2025, as well as the expenditure of around $30 million related to the combustion-related event at Leer South. Core estimates that capital expenditures will total between $300 million and $330 million during 2025.

    "Even with these projected uses of cash, we expect to have excess cash available to deploy to the capital return program during the balance of 2025," said Mitesh Thakkar, Core's president and chief financial officer. "In addition, we expect the continued progress in synergy capture, along with the remarketing of the tax-exempt bonds, to provide a tailwind in terms of projected cash availability."

    The Core board has declared a $0.10 per share quarterly dividend, payable on March 17, 2025, to stockholders of record on March 3, 2025.

    Operating Results

    During the fourth quarter of 2024 – which was prior to the closing of the merger with Arch Resources in January 2025 – legacy CONSOL Energy generated GAAP net income of $30.8 million and adjusted EBITDA1 of $170.0 million, which included one-time items such as the reserve for indemnification of the 1974 Plan litigation and merger-related expenses. CONSOL sold 7.0 million tons of Pennsylvania Mining Complex ("PAMC") coal during the fourth quarter, generating coal revenue of $442.8 million for the PAMC segment and an average coal revenue per ton sold of $63.28. The average cash cost of coal sold per ton1 for the PAMC segment was $36.46.

    1 - "Adjusted EBITDA," "Cost of Coal Sold" and "Cash Cost of Coal Sold" are non-GAAP financial measures and "Average Cash Cost of Coal Sold per Ton" is an operating ratio derived from non-GAAP financial measures, each of which is reconciled to the most directly comparable GAAP financial measures below, under the caption "Reconciliation of Non-GAAP Financial Measures".

    Market Dynamics

    Core's two principal lines of business – metallurgical coal and high calorific value thermal coal – are experiencing soft market conditions at present, with API-2 and High-Vol A coking coal both trading at close to a three-year low.  

    In the high calorific value thermal segment, Core's substantial committed position – at relatively advantageous pricing – is acting to counterbalance the current softness. At present, the high C.V. thermal segment has a committed and priced position – inclusive of select collared volumes – of approximately 24.0 million tons at a projected price of between $61 and $63 per ton. Meanwhile, the domestic thermal market in PAMC's core market area is showing signs of tightening in the wake of colder-than-normal temperatures in January and February. 

    Despite currently weak pricing levels, long-term market dynamics for Core's metallurgical segment remain robust. New blast furnace capacity continues to come online across Southeast Asia, and Indian imports of seaborne coking coal continue to march higher, climbing an estimated 5 percent in 2024. In addition, Chinese imports of seaborne coking coal increased by around 17 million tons in 2024, a trend that is acting to counterbalance higher Chinese steel exports. On the supply side, aggregate production in the primary supply countries for high-quality seaborne coking coal – Australia, the U.S., and Canada – remains around 40 million tons lower in 2024 than during the peak year a decade ago, despite historically strong pricing across that timeframe. Moreover, current pricing levels appear to be inducing supply rationalization among small, high-cost producers, which should act to support a healthier supply-demand balance over time.

    2025 Guidance



    2025



    Tons

    $ per ton

    Sales Volume (in millions of tons)











    Coking1

    7.5

    -

    8.0

















    High C.V. Thermal2

    29.0

    -

    31.0





    Powder River Basin

    36.0

    -

    40.0





    Total

    72.5



    79.0

















    Metallurgical (in millions of tons)











    Committed, Priced Coking





    1.5



    $       135.82

    Committed, Unpriced Coking





    5.1





    Total Committed Coking





    6.6

















    Average Metallurgical Cash Cost4







    $96.00 - $100.00













    High C.V. Thermal (in millions of tons)











    Committed, Priced3





    24.0

    $61.00 - $63.00

    Committed, Unpriced





    0.6





    Total Committed High C.V. Thermal





    24.6

















    Average High C.V. Thermal Cash Cost







    $38.00 - $40.00













    Powder River Basin (in millions of tons)











    Committed, Priced





    36.9



    $         14.78

    Committed, Unpriced





    0.0





    Total Committed Powder River Basin





    36.9

















    Average Powder River Basin Cash Cost







    $13.75 - $14.25













    Corporate (in $ millions)











    Capital Expenditures

    $300 - $330







    1 - Excludes thermal byproduct

    2 - Includes crossover volumes

    3 - Range reflects inclusion of collared commitments

    4 - Metallurgical cash costs in the year's second half — after the projected restart of the Leer South longwall — are projected to be in the low $90s/ton.





    Note - Core is unable to provide a reconciliation of Average Metallurgical Cash Cost, Average High C.V. Thermal Cash Cost and Average Powder River Basin Cash Cost guidance, which are operating ratios derived from non-GAAP financial measures, due to the unknown effect, timing and potential significance of certain income statement items.

    Outlook

    "In just over a month as a combined company, the Core team has already made tremendous strides in unlocking value across a wide range of fronts," Lang said.

    To date, the Core team has:

    • Swiftly moved ahead with integration efforts
    • Adopted a capital return framework supported by a $1 billion share repurchase authorization
    • Executed on strategies to capture one-third of the projected synergies
    • Aggregated a significant cash balance in support of its liquidity target, operating needs, and capital return framework, and
    • Built the foundation for a strong, long-term capital structure via the extension and upsizing of its legacy revolving credit facility, at advantageous rates.

    "Looking ahead, we are more confident than ever that Core's two, world-class, complementary operating segments – metallurgical coal and high calorific value thermal coal – create a unique and compelling opportunity for value creation and cash generation in the years ahead," Lang said. "With its highly skilled workforce, strategic asset base, low-cost mining operations, expansive logistics network, tremendous synergy potential, and industry-leading sustainability practices, Core is exceptionally well-equipped to capitalize on what we view to be a highly constructive, durable, long-term global market environment for our core products."

    Availability of Additional Information

    Please refer to our website, www.corenaturalresources.com, for additional information regarding the company. In addition, we may provide other information about the company from time to time on our website.

    We will also file our Form 10-K with the Securities and Exchange Commission (SEC) reporting our results for the period ended December 31, 2024 on February 20, 2025. Investors seeking our detailed financial statements can refer to the Form 10-K once it has been filed with the SEC.

    About Core Natural Resources, Inc.

    Core Natural Resources, Inc. (NYSE:CNR) is a world-class producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals. The company operates a best-in-sector portfolio, including the Pennsylvania Mining Complex, Leer, Leer South, and West Elk mines. With a focus on seaborne markets, Core plays an essential role in meeting the world's growing need for steel, infrastructure, and energy, and has ownership interests in two marine export terminals. The company was created in January 2025 via the merger of long-time industry leaders CONSOL Energy and Arch Resources and is based in Canonsburg, Pennsylvania.

    Contacts:

    Investor:

    Deck Slone, (314) 994-2766

    [email protected]

    Media:

    Erica Fisher, (724) 416-8292

    [email protected]

    Condensed Consolidated Statements of Income - CONSOL Energy Inc.

    The following table presents a condensed consolidated statement of income for the three months and years ended December 31, 2024 and 2023 (in thousands and prior to the January 2025 merger with Arch Resources):





    Three Months Ended December 31,



    For the Year Ended December 31,





    2024



    2023



    2024



    2023





    (Unaudited)



    (Unaudited)









    Revenue and Other Income:

















    Coal Revenue



    $         467,188



    $         532,270



    $      1,786,926



    $      2,106,366

    Terminal Revenue



    27,458



    25,411



    87,746



    106,166

    Freight Revenue



    75,138



    76,668



    274,026



    294,103

    Other Income



    25,507



    15,090



    87,613



    62,242

    Total Revenue and Other Income



    595,291



    649,439



    2,236,311



    2,568,877



















    Costs and Expenses:

















    Operating and Other Costs



    385,462



    306,519



    1,270,696



    1,120,065

    Depreciation, Depletion and Amortization



    58,353



    58,446



    223,526



    241,317

    Freight Expense



    75,138



    76,668



    274,026



    294,103

    General and Administrative Costs



    37,555



    23,712



    115,224



    103,470

    Loss on Debt Extinguishment



    —



    —



    —



    2,725

    Interest Expense



    7,129



    5,246



    22,192



    29,325

    Total Costs and Expenses



    563,637



    470,591



    1,905,664



    1,791,005



















    Earnings Before Income Tax



    31,654



    178,848



    330,647



    777,872

    Income Tax Expense



    833



    21,781



    44,242



    121,980

    Net Income



    $           30,821



    $         157,067



    $         286,405



    $         655,892



















    Earnings per Share:

















    Basic



    $                1.04



    $                5.09



    $                9.65



    $              19.91

    Dilutive



    $                1.04



    $                5.05



    $                9.61



    $              19.79

    Condensed Consolidated Balance Sheets - CONSOL Energy Inc.

    The following table presents a condensed consolidated balance sheet as of December 31, 2024 and 2023 (in thousands and prior to the January 2025 merger with Arch Resources):





    December 31,





    2024



    2023











    ASSETS









    Cash and Cash Equivalents



    $         408,240



    $         199,371

    Trade Receivables, net



    136,750



    147,612

    Other Current Assets



    240,968



    254,023

    Total Current Assets



    785,958



    601,006

    Total Property, Plant and Equipment - Net



    1,921,699



    1,903,123

    Total Other Assets



    171,886



    170,874

    TOTAL ASSETS



    $      2,879,543



    $      2,675,003











    LIABILITIES AND EQUITY









    Total Current Liabilities



    $         518,684



    $         443,724

    Total Long-Term Debt



    94,794



    186,067

    Total Other Liabilities



    697,818



    701,770

    Total Equity



    1,568,247



    1,343,442

    TOTAL LIABILITIES AND EQUITY



    $      2,879,543



    $      2,675,003

    Condensed Consolidated Statements of Cash Flows - CONSOL Energy Inc.

    The following table presents a condensed consolidated statement of cash flows for the three months and years ended December 31, 2024 and 2023 (in thousands and prior to the January 2025 merger with Arch Resources):



    Three Months Ended

    December 31,



    For the Year Ended

    December 31,



    2024



    2023



    2024



    2023

    Cash Flows from Operating Activities:

    (Unaudited)



    (Unaudited)









    Net Income

    $           30,821



    $         157,067



    $         286,405



    $         655,892

    Adjustments to Reconcile Net Income to Net

    Cash Provided by Operating Activities:















    Depreciation, Depletion and Amortization

    58,353



    58,446



    223,526



    241,317

    Other Non-Cash Adjustments to Net Income

    10,749



    14,731



    14,184



    19,961

    Changes in Working Capital

    21,387



    (11,113)



    (47,725)



    (59,221)

    Net Cash Provided by Operating

    Activities

    121,310



    219,131



    476,390



    857,949

    Cash Flows from Investing Activities:















    Capital Expenditures

    (40,840)



    (50,042)



    (177,988)



    (167,791)

    Proceeds from Sales of Assets

    76



    (1,985)



    7,396



    4,255

    Other Investing Activity

    10,433



    (11,682)



    5,561



    (95,896)

    Net Cash Used in Investing Activities

    (30,331)



    (63,709)



    (165,031)



    (259,432)

    Cash Flows from Financing Activities:















    Net Payments on Long-Term Debt, Including

    Fees

    (2,310)



    (6,097)



    (11,473)



    (191,738)

    Repurchases of Common Stock

    —



    (121,997)



    (70,879)



    (399,379)

    Dividends and Dividend Equivalents Paid

    (7,409)



    —



    (15,860)



    (75,474)

    Other Financing Activities

    (3,333)



    (54)



    (8,873)



    (15,610)

    Net Cash Used in Financing Activities

    (13,052)



    (128,148)



    (107,085)



    (682,201)

    Net Increase (Decrease) in Cash and Cash

    Equivalents and Restricted Cash

    77,927



    27,274



    204,274



    (83,684)

    Cash and Cash Equivalents and Restricted Cash at

    Beginning of Period

    369,615



    215,994



    243,268



    326,952

    Cash and Cash Equivalents and Restricted Cash at

    End of Period

    $         447,542



    $         243,268



    $         447,542



    $         243,268

    Reconciliation of Non-GAAP Financial Measures

    We evaluate our cost of coal sold and cash cost of coal sold on an aggregate basis by segment, and our average cash cost of coal sold per ton on a per-ton basis. Cost of coal sold includes items such as direct operating costs, royalty and production taxes, direct administration costs, and depreciation, depletion and amortization costs on production assets. Cost of coal sold excludes any indirect costs and other costs not directly attributable to the production of coal. The cash cost of coal sold includes cost of coal sold less depreciation, depletion and amortization costs on production assets. We define average cash cost of coal sold per ton as cash cost of coal sold divided by tons sold. The GAAP measure most directly comparable to cost of coal sold, cash cost of coal sold and average cash cost of coal sold per ton is operating and other costs.

    The following table presents a reconciliation for the PAMC segment of cash cost of coal sold, cost of coal sold and average cash cost of coal sold per ton to operating and other costs, the most directly comparable GAAP financial measure, on a historical basis, for each of the periods indicated (in thousands, except per ton information).



    Three Months Ended

    December 31,



    2024



    2023

    Operating and Other Costs

    $         385,462



    $         306,519

    Less: Other Costs (Non-Production and non-PAMC)

    (130,270)



    (57,236)

    Cash Cost of Coal Sold

    $         255,192



    $         249,283

    Add: Depreciation, Depletion and Amortization (PAMC Production)

    46,873



    49,611

    Cost of Coal Sold

    $         302,065



    $         298,894

    Total Tons Sold (in millions)

    7.0



    6.8

    Average Cost of Coal Sold per Ton

    $              43.16



    $              43.83

    Less:  Depreciation, Depletion and Amortization Costs per Ton Sold

    6.70



    7.55

    Average Cash Cost of Coal Sold per Ton

    $              36.46



    $              36.28

    We define adjusted EBITDA as (i) net income (loss) plus income taxes, interest expense and depreciation, depletion and amortization, as adjusted for (ii) certain non-cash items, such as stock-based compensation and loss on debt extinguishment and (iii) certain one-time transactions, such as merger-related expenses and certain litigation expenses for specific proceedings that arise outside of the ordinary course of our business. The GAAP measure most directly comparable to adjusted EBITDA is net income (loss).

    The following table presents a reconciliation of adjusted EBITDA to net income (loss), the most directly comparable GAAP financial measure, on a historical basis, for the three months ended December 31, 2024 (in thousands).



    PAMC



    CONSOL

    Marine

    Terminal



    Other



    Consolidated

    Net Income (Loss)

    $         121,424



    $           16,450



    $       (107,053)



    $           30,821

















    Add: Income Tax Expense

    —



    —



    833



    833

    Add: Interest Expense

    —



    1,516



    5,613



    7,129

    Less: Interest Income

    (1,927)



    —



    (3,151)



    (5,078)

    Earnings (Loss) Before Interest & Taxes (EBIT)

    119,497



    17,966



    (103,758)



    33,705

















    Add: Depreciation, Depletion & Amortization

    46,269



    1,421



    10,663



    58,353

















    Earnings (Loss) Before Interest, Taxes and DD&A

    (EBITDA)

    $         165,766



    $           19,387



    $          (93,095)



    $           92,058

















    Adjustments:















    Add: Stock-Based Compensation

    $              1,560



    $                   85



    $                 299



    $              1,944

    Add: Merger-Related Expenses

    —



    —



    8,301



    8,301

    Add: 1974 UMWA Pension Plan Litigation

    —



    —



    67,933



    67,933

    Less: Non-Qualified Pension Plan Curtailment Gain

    —



    —



    (217)



    (217)

    Total Pre-tax Adjustments

    1,560



    85



    76,316



    77,961

















    Adjusted EBITDA

    $         167,326



    $           19,472



    $          (16,779)



    $         170,019

    Cautionary Statement Regarding Forward-Looking Statements

    This communication contains certain "forward-looking statements" within the meaning of federal securities laws. Forward-looking statements may be identified by words such as "anticipates," "believes," "could," "continue," "estimate," "expects," "intends," "will," "should," "may," "plan," "predict," "project," "would" and similar expressions. Forward-looking statements are not statements of historical fact and reflect Core's current views about future events. No assurances can be given that the forward-looking statements contained in this communication will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, risks related to the occurrence of combustion-related activity at Core's Leer South mine and its ability to resume development work with continuous miners and longwall development in accordance with its expected timing; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the merger may not be fully realized or may take longer to realize than expected; the risk that the credit ratings of Core or its subsidiaries may be different from what Core expects; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the completion of the merger; changes in coal prices, which may be caused by numerous factors, including changes in the domestic and foreign supply of and demand for coal and the domestic and foreign demand for steel and electricity; the volatility in commodity and capital equipment prices for coal mining operations; the presence or recoverability of estimated reserves; the ability to replace reserves; environmental and geological risks; mining and operating risks; the risks related to the availability, reliability and cost-effectiveness of transportation facilities and fluctuations in transportation costs; foreign currency, competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Core's business.

    All such factors are difficult to predict, are beyond Core's control, and are subject to additional risks and uncertainties, including those detailed in CONSOL's annual report on Form 10-K for the year ended December 31, 2024, quarterly reports on Form 10-Q, and current reports on Form 8-K that are available on Core's website at www.corenaturalresources.com and on the SEC's website at http://www.sec.gov and those detailed in Arch's annual report on Form 10-K for the year ended December 31, 2023, quarterly reports on Form 10-Q and current reports on Form 8-K that are available on the SEC's website at http://www.sec.gov.

    Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Core does not undertake any obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/core-natural-resources-reports-fourth-quarter-2024-results-302380924.html

    SOURCE Core Natural Resources, Inc.

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    • Core Natural Resources Reports First Quarter 2025 Results

      Returns $106.6 million to investors via share buybacks and quarterly dividend Increases merger-related synergies target by 10% at midpoint to between $125 and $150 million Makes excellent progress towards full resumption of operations at Leer South Executes well-timed capital market transactions establishing target capital structure while boosting liquidity, extending maturities, reducing interest rates, and increasing financial flexibility CANONSBURG, Pa., May 8, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) ("Core" or the "company") reported a net loss of $69.3 million, or $1.38 per diluted share, in the first quarter of 2025, which included merger-related expenses of

      5/8/25 6:55:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Core Natural Resources to Announce First Quarter 2025 Results on May 8

      CANONSBURG, Pa., April 24, 2025 /PRNewswire/ -- Core Natural Resources, Inc. (NYSE: CNR) will discuss its first quarter 2025 financial results in an investor conference call on Thursday, May 8, 2025 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 800-836-8184 approximately five to 10 minutes prior to the start time. For participants calling from an overseas location, please dial +1 646-357-8785. No passcode is needed. The call will also be webcast and will be accessible via the "investor" section of the Core website at http://inves

      4/24/25 7:00:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Core Natural Resources Announces Completion of Highly Successful Refinancing Effort

      CANONSBURG, Pa., March 28, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) ("Core") announced that it had completed a highly successful refinancing of tax-exempt bonds previously issued by CONSOL Energy, Inc. ("CONSOL") and Arch Resources, Inc. ("Arch"). CONSOL and Arch merged to form Core Natural Resources, Inc. in January 2025. As part of this refinancing effort, Core: Increased the total bond amount from $276 million to $307 millionEstablished a 10-year initial term for the now unsecured bonds, which mature in March 2035Improved flexibility relative to t

      3/28/25 7:00:00 AM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Jefferies initiated coverage on Core Natural Resources with a new price target

      Jefferies initiated coverage of Core Natural Resources with a rating of Hold and set a new price target of $93.00

      1/31/25 6:58:59 AM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building downgraded by DA Davidson with a new price target

      DA Davidson downgraded Cornerstone Building from Buy to Neutral and set a new price target of $24.65 from $23.00 previously

      2/15/22 7:03:06 AM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building Brands downgraded by Sidoti

      Sidoti downgraded Cornerstone Building Brands from Buy to Neutral

      2/14/22 2:03:45 PM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Director Koeppel Holly K sold $663,732 worth of shares (8,815 units at $75.30), decreasing direct ownership by 40% to 13,348 units (SEC Form 4)

      4 - Core Natural Resources, Inc. (0001710366) (Issuer)

      4/2/25 5:00:07 PM ET
      $CNR
      Coal Mining
      Energy
    • Chief Executive Officer Lang Paul A was granted 40,192 shares, increasing direct ownership by 14% to 333,562 units (SEC Form 4)

      4 - Core Natural Resources, Inc. (0001710366) (Issuer)

      2/20/25 6:14:12 PM ET
      $CNR
      Coal Mining
      Energy
    • President & CFO Thakkar Miteshkumar was granted 16,956 shares, increasing direct ownership by 45% to 54,956 units (SEC Form 4)

      4 - Core Natural Resources, Inc. (0001710366) (Issuer)

      2/20/25 6:09:17 PM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • SEC Form SC 13D/A filed by Cornerstone Building Brands Inc. (Amendment)

      SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)

      7/26/22 6:05:02 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form SC 13D/A filed by Cornerstone Building Brands Inc. (Amendment)

      SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)

      7/26/22 6:09:30 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form SC 13D/A filed by Cornerstone Building Brands Inc. (Amendment)

      SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)

      3/8/22 6:31:00 AM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Leadership Updates

    Live Leadership Updates

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    • Cornerstone Building Brands Appoints Melissa Jones President, U.S. Siding

      Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that Melissa Jones has joined the Company as President, U.S. Siding. In her role, Ms. Jones will lead the Company's U.S. residential siding and fence and rail business. She will assume the role effective July 1, 2022 and report directly to President and Chief Executive Officer Rose Lee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220630005871/en/Melissa Jones (pictured) joins Cornerstone Building Brands as President, U.S. Siding. (Photo: Business Wire) Ms. Jones has more than 20

      7/1/22 8:30:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building Brands Appoints Judith Reinsdorf to Board of Directors

      Cornerstone Building Brands, Inc. (NYSE:CNR), the largest manufacturer of exterior building products in North America, announced today that Judith Reinsdorf has been appointed as an independent member of its board of directors, effective August 19, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210819005774/en/Judith Reinsdorf, appointed an independent member of Cornerstone Building Brands Board of Directors (Photo: Business Wire) Ms. Reinsdorf has extensive experience in executive roles across multiple industries. She most recently served as Executive Vice President and General Counsel of Johnson Controls International, a

      8/19/21 4:46:00 PM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building Brands Announces CEO Retirement and Transition Plan

      James S. Metcalf announces retirement, transitions to the role of Executive Chairman Rose Lee appointed President and Chief Executive Officer effective September 6, 2021 Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that James S. Metcalf will retire as chief executive officer (CEO), effective September 6, 2021. As part of the leadership transition, Mr. Metcalf will continue in the role of executive chairman of the board through March 31, 2022. Rose Lee will succeed Mr. Metcalf as president and CEO and will join the board as a director of the Company. This press release features mul

      8/4/21 8:00:00 AM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    SEC Filings

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    • SEC Form 10-Q filed by Core Natural Resources Inc.

      10-Q - Core Natural Resources, Inc. (0001710366) (Filer)

      5/8/25 7:16:17 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form 8-K filed by Core Natural Resources Inc.

      8-K - Core Natural Resources, Inc. (0001710366) (Filer)

      5/8/25 7:00:22 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form 8-K filed by Core Natural Resources Inc.

      8-K - Core Natural Resources, Inc. (0001710366) (Filer)

      4/30/25 4:06:59 PM ET
      $CNR
      Coal Mining
      Energy