CONSOL Energy Q4 GAAP net income $117.3M, adjusted EBITDA $120.6M; guides 2022 PAMC sales 23-25M tons

Core Natural Resources, Inc.

2021-FY EPS reported $0.96 revenue$1,258,947,000

Q4 GAAP net income $117.3M ($30.7M excluding unrealized mark-to-market gain); adjusted EBITDA $120.6M.
Full-year 2021 adjusted EBITDA $378.2M; free cash flow $186.4M; reduced debt by $101.2M.
PAMC average revenue per ton in Q4 $51.27 vs $39.05 YoY; cash cost $30.81 vs $27.49.
2022 guidance: PAMC coal sales 23-25M tons, avg revenue $55-$57/ton, cash cost $29-$31/ton.
Itmann low-vol met coal project on track for start-up in H2 2022; produced ~100K tons in 2021.

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