earnings
confidence high
sentiment neutral
materiality 0.75
Core Natural Resources Q2 net loss $36.6M, adj. EBITDA $144.3M, synergies target raised to $150-170M
Core Natural Resources, Inc.
2025-Q2 EPS reported
-$2.06
revenue$2,119,767,000
- Net loss of $36.6M ($0.70 diluted EPS); revenues $1,102.4M; adj. EBITDA $144.3M incl. $21.2M Leer South costs.
- Increased annual synergy target to $150M-$170M, ~30% above initial guidance; returned $87.1M to shareholders via buybacks and dividends.
- Leer South longwall production resumption delayed to after Oct 2025; expects Q3 fire/idle costs $20-30M, insurance recoveries >$100M.
- High CV thermal segment committed 30M tons for 2025 at $60-62/ton realized; PRB fully committed at $14.40/ton.
- OBBBA designates met coal as critical material; 2.5% tax credit on production costs from 2026; lower royalty on federal lands.
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