CNR News & Events

For the second consecutive day, shares of Thermal Coal stocks are gaining as investors reprice demand for coal as a heating sources due to rising prices of oil and natural gas in response to the widening conflict in the Middle East. Shares of Peabody Energy (BTU) are up 4.2%, Core Natural Resources (CNR) are up 5.7%, and Alliance Resource Partners (ARLP) are up 1.0%.

Reports Q4 revenue $1.04B, consensus $996.54M. "During Q4, the Core team set the stage for a significant, value-driving step-change in both operational execution and financial performance in 2026," said Jimmy Brock, Core's chairman and chief executive officer. "With the return to form of our world-class Leer South and West Elk mines, Core expects to demonstrate operational excellence across the entire mining portfolio in 2026, while showcasing the substantial synergistic value created by last year's merger. In addition, Core anticipates incremental insurance recoveries stemming from the combustion-related event at Leer South, buoying further the outlook for free cash flow generation and capital returns."

Sees FY26 cash tax rate 0%-5%. "With Core's mining portfolio at full strength and the vast majority of the merger-related operating synergies in full effect, we expect 2026 to mark an inflection point in Core's operational and financial execution," Brock stated. "We believe Core's diversified portfolio of world-class assets - in concert with our extensive and strategic logistical network - positions us to capitalize on the most compelling market opportunities in the coal space, including resurgent power demand growth here in the United States, tightening global energy markets, and the ongoing infrastructure build-out in the developing world. Looking ahead, we expect to generate substantial amounts of free cash flow for deployment in our capital return program in future quarters, and to continue to showcase Core's ability to generate stockholder value in a wide range of market environments."