Quarterly ResultAug 6, 2026, 07:12 AM
Core Natural Resources Q2 Net Income $126.5M, Adj. EBITDA $323.6M
AI Summary
Core Natural Resources reported strong second-quarter 2026 results, with net income of $126.5 million and adjusted EBITDA of $323.6 million. The company generated $148 million in free cash flow and completed the settlement of its Leer South insurance claim for $155 million. Core continued its robust capital return program, distributing $68 million to stockholders in Q2, and secured 16 million tons of new sales commitments for future periods, indicating a positive outlook for operational performance and shareholder returns.
Key Highlights
- Reported Q2 2026 net income of $126.5 million, or $2.51 per diluted share.
- Achieved adjusted EBITDA of $323.6 million in Q2 2026.
- Generated net cash provided by operating activities of $250 million and free cash flow of $148 million.
- Settled Leer South insurance claim for full limit recovery, netting $155 million total ($125.4 million in Q2).
- Returned $68 million to stockholders in Q2, bringing total to $360.1 million since Feb 2025.
- Repurchased 719,904 shares for $63.0 million at average $87.54/share in Q2.
- Secured 16 million tons of new sales commitments for future periods.
- Ended Q2 with $1.0 billion in total liquidity, including $474.0 million cash.
Price Impact
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