Quarterly ResultMay 7, 2026, 07:07 AM
Core Natural Resources Q1 Revenue $1.08B; Net Income $21.04M; EPS $0.41
AI Summary
Core Natural Resources, Inc. reported a strong financial turnaround for the first quarter of 2026, with net income of $21.04 million and basic EPS of $0.41, compared to a significant loss in the prior year. Revenue increased to $1.08 billion, and operating cash flow saw a substantial positive shift. The company also maintained its dividend and continued share repurchases, building on the foundation established by its merger with Arch in January 2025.
Key Highlights
- Core Natural Resources reported Q1 2026 revenue of $1.08 billion, up from $1.02 billion in Q1 2025.
- Net income for Q1 2026 was $21.04 million, a significant improvement from a net loss of $69.28 million in Q1 2025.
- Basic earnings per share for Q1 2026 were $0.41, compared to a loss per share of $1.38 in Q1 2025.
- Net cash provided by operating activities was $119.40 million in Q1 2026, reversing a $109.64 million use in Q1 2025.
- The company declared a dividend of $0.10 per common share for Q1 2026, consistent with Q1 2025.
- Core Natural Resources repurchased 464,600 shares of common stock for $41.92 million in Q1 2026.
- Total coal revenue for Q1 2026 was $1.07 billion, with $345.40 million from metallurgical coal.
- Outstanding performance obligations for future coal deliveries totaled approximately $3.7 billion as of March 31, 2026.
Price Impact
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