earnings
confidence high
sentiment positive
materiality 0.82
CONSOL Energy Q1 net income $230.4M; free cash flow $220.8M; ups buyback to $1B
Core Natural Resources, Inc.
2023-Q1 EPS reported
$6.55
revenue$688,607,000
- GAAP net income of $230.4M; adjusted EBITDA of $346.3M on revenue $688.6M.
- Repurchased 1.2M shares at $55.60 avg; announced $1.10/share dividend payable May 23.
- Increasing shareholder return to ~75% of quarterly FCF; buyback authorization raised to $1B.
- PAMC shipped 6.7M tons at avg realized coal revenue $84.32/ton vs $59.60 YoY; cost $33.61/ton.
- CMT record throughput 4.6M tons; FY2023 guidance: PAMC sales 25-27M tons, capex $160-185M.