Core Natural Resources(NYSE) CNR

Core Natural Resources digs and sells coal to help make power and steel. Its products help companies create electricity and build structures like bridges and buildings. The company ships these materials to customers across the United States and around the world.

Fueling the Global Economy

• High CV Thermal: High-energy coal used for power generation and industrial needs; generated $552.8 million in revenue for the first quarter of 2026.
• Metallurgical Coal: Specialized coal used by steelmakers to create metal for manufacturing; accounted for $342.3 million in revenue in the first quarter of 2026.
• Powder River Basin: Thermal coal from surface mines in Wyoming sold to power plants; generated $175.2 million in revenue in the first quarter of 2026.
• Terminal Services: Coal export and transloading services, which move coal between trains and ships, through East Coast facilities; generated $8.5 million in external revenue in the first quarter of 2026.

Building a Coal Powerhouse

• Completed a merger of equals with Arch Resources, Inc. on January 14, 2025, to expand its mining and logistics reach.
• Renamed the company from CONSOL Energy Inc. to Core Natural Resources in January 2025 following the merger.
• Consolidated its financing operations in July 2025 by entering a new $250 million accounts receivable securitization facility.
• Resumed full operations at the Leer South longwall mine in December 2025 after successfully managing a combustion event.

What Sets Core Apart?

Core manages its own path to international markets through ownership in the Port of Baltimore and a stake in a Virginia export terminal. The company maintains a diverse portfolio by mixing coal for electricity with specialized types needed for heavy industrial manufacturing.

Tracking the Recent Numbers

• Revenue reached $1.1 billion in the first quarter of 2026, up 6.6% from the same period in 2025.
• Net income hit $21.0 million in the first quarter of 2026, improving from a loss of $69.3 million the year before.
• Operating cash flow turned positive at $119.4 million for the quarter ended March 31, 2026, up from a loss of $109.6 million in early 2025.
• Free cash flow, the money left after paying for operations and equipment, reached $46.3 million in the first quarter of 2026.

A New Direction

Core has transformed from a regional mining business into a large-scale exporter by merging with Arch Resources. The company now uses its own shipping terminals and various coal types to navigate changes in global energy and steel markets.