secwatch.observer — SEC 8-K summary
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Issuer:     Core Natural Resources, Inc. (CNR)
CIK:        0001710366
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001193125-25-115451
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Natural Resources Q1 net loss $69.3M; adjusted EBITDA $123.5M; synergy target raised to $125-150M
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- Net loss $69.3M ($1.38/diluted share) includes $49.2M merger costs and $11.7M debt extinguishment loss.
- Adjusted EBITDA $123.5M on revenue $1,017.4M; returned $106.6M via share buybacks ($101.3M for 1.4M shares at $73.52 avg) and quarterly dividend $0.10/share.
- Synergy target increased 10% at midpoint to $125-150M annually; Leer South longwall restart on track for mid-2025.
- High CV thermal segment sold 7.1M tons, realized $63.18/ton revenue, cash cost $42.78/ton; met coal segment sold 2.3M tons at $98.26/ton realized revenue.
- Liquidity $858.3M including $388.5M cash; refinanced tax-exempt bonds to $306.8M at 5.3% weighted rate with extended 10-year term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1710366/000119312525115451/0001193125-25-115451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1710366/000119312525115451/d828774d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-115451

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