---
schema_version: "secwatch.filing_event.v1"
accession: "0001710366-25-000008"
form_type: "8-K"
ticker: "CNR"
cik: "0001710366"
company_name: "Core Natural Resources, Inc."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:03:42.748964+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Core Natural Resources adopts 75% FCF return framework, $1B buyback; Leer South mine on track for mid-2025

## Summary
- Board authorized $1.0B in share repurchases; framework targets ~75% of free cash flow returned to shareholders, primarily via buybacks.
- Leer South mine resumed development with continuous miners; longwall production expected mid-2025; equipment largely unaffected.
- Synergy capture of $110M-$140M identified; one-third locked in via operational streamlining, coal blending, procurement.
- Q4 2024 legacy CONSOL net income $30.8M, adjusted EBITDA $170M; PAMC sold 7.0M tons at avg revenue $63.28/ton, cash cost $36.46/ton.
- Liquidity $1.1B at merger close; capex guidance $300M-$330M for 2025; quarterly dividend $0.10/share declared.

## SEC filing metadata
- accession: 0001710366-25-000008
- form_type: 8-K
- ticker: CNR
- cik: 0001710366
- company_name: Core Natural Resources, Inc.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710366/000171036625000008/0001710366-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710366/000171036625000008/ceix-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001710366-25-000008
- JSON: https://secwatch.observer/filing/0001710366-25-000008.json
- Plain text: https://secwatch.observer/filing/0001710366-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.