earnings
confidence high
sentiment positive
materiality 0.75
CONSOL Energy Q3 net income $95.6M, EPS $3.22; record PAMC production 7.2M tons
Core Natural Resources, Inc.
2024-Q3 EPS reported
$8.57
revenue$1,641,020,000
- GAAP net income $95.6M ($3.22 diluted EPS); adjusted EBITDA $179.2M; revenue $574.9M.
- PAMC produced record Q3 7.2M tons; CMT shipped 4.7M tons, recovering from bridge collapse.
- Dividend $0.25/share payable Nov 26, 2024; merger with Arch Resources on track for Q1 2025 close.
- FY2024 guidance: PAMC sales 25-26M tons; avg coal revenue $64.50-$66.00/ton; cash cost $37.50-$38.50/ton.
- Formed Water Treatment Trust Fund with PADEP ($2M/year); submitted insurance claim for bridge disruption.