secwatch / observer

Core Natural Resources, Inc. — fact timeline

Source-grounded facts extracted from Core Natural Resources, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CNR Core Natural Resources, Inc. JSON
Earnings Releases

Core Natural Resources, Inc. reported first quarter of 2026 results: revenue $1.1 billion, net income $21.0 million, EPS $0.41 per diluted share.

“Core Natural Resources, Inc. (NYSE: CNR) (“Core” or the “company”) reported net income of $21.0 million, or $0.41 per diluted share, in the first quarter of 2026. Additionally, Core reported adjusted EBITDA 1 of $179.9 million in the quarter. Revenues totaled $1.1 billion in Q1.”
Debt Financings

Core Natural Resources, Inc. incurred credit facility of $250 million with PNC Bank, National Association at term Secured Overnight Financing Rate plus ten basis points plus drawn fee of 2. maturing July 27, 2028.

“The Receivables Financing Agreement supports the issuance of letters of credit and a borrowing capacity of $250 million, with a maturity date of July 27, 2028.”
Governance Changes

Core Natural Resources, Inc.: Adopted amended and restated bylaws updating the company name, adding corporate governance provisions, and making conforming updates.

“Effective upon the Effective Time, the Company adopted the Company Bylaws to (i) update the Company's name to "Core Natural Resources, Inc.," (ii) add certain corporate governance provisions as described in the Joint Proxy Statement/Prospectus under the heading "Amended and Restated Bylaws of the Combined Company" and (iii) make certain other updates and conforming changes.”
Governance Changes

Core Natural Resources, Inc.: Amended certificate of incorporation to change name to Core Natural Resources, Inc. and increase authorized common shares from 62,500,000 to 125,000,000 (effective 2025-01-14).

“On January 14, 2025, the Company filed an amendment to its Amended and Restated Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware (the "Charter Amendment") to (i) change its name to "Core Natural Resources, Inc." and (ii) increase the number of authorized shares of Company Common Stock from 62,500,000 shares to 125,000,000 shares.”
M&A Transactions

Core Natural Resources, Inc. underwent a change of control involving Arch Resources, Inc. for 1.326 shares of common stock per share (closed 2025-01-14).

“immediately prior to the Effective Time (other than certain excluded shares as described in the Merger Agreement) was automatically converted into the right to receive 1.326 shares of common stock, par value $0.01 per share (the “Exchange Ratio”), of the Company (“Company Common Stock”). In connection with the Merger, the Company issued approximately”

Holly Keller Koeppel was appointed as Director at Core Natural Resources, Inc..

“As of the Effective Time, Messrs. Paul A. Lang, Richard A. Navarre and Patrick A. Kriegshauser, and Ms. Holly Keller Koeppel, each of whom were members of the Arch Board immediately prior to the Effective Time, were appointed to the Company Board.”

Patrick A. Kriegshauser was appointed as Director at Core Natural Resources, Inc..

“As of the Effective Time, Messrs. Paul A. Lang, Richard A. Navarre and Patrick A. Kriegshauser, and Ms. Holly Keller Koeppel, each of whom were members of the Arch Board immediately prior to the Effective Time, were appointed to the Company Board.”

Richard A. Navarre was appointed as Director at Core Natural Resources, Inc..

“As of the Effective Time, Messrs. Paul A. Lang, Richard A. Navarre and Patrick A. Kriegshauser, and Ms. Holly Keller Koeppel, each of whom were members of the Arch Board immediately prior to the Effective Time, were appointed to the Company Board.”

Paul A. Lang was appointed as Director at Core Natural Resources, Inc..

“As of the Effective Time, Messrs. Paul A. Lang, Richard A. Navarre and Patrick A. Kriegshauser, and Ms. Holly Keller Koeppel, each of whom were members of the Arch Board immediately prior to the Effective Time, were appointed to the Company Board.”

James A. Brock was appointed as Executive Chairman of the Company Board at Core Natural Resources, Inc..

“Mr. Brock was appointed as Executive Chair of the Company Board and ceased to serve as Chief Executive Officer of the Company.”

John T. Mills resigned as Director at Core Natural Resources, Inc..

“On January 13, 2025, Mr. John T. Mills submitted his resignation from the Company Board and any and all committees thereof, effective as of the Effective Time.”

Martha A. Wiegand departed as General Counsel and Secretary at Core Natural Resources, Inc..

“As previously reported, Martha A. Wiegand, General Counsel and Secretary of CONSOL Energy Inc. (the “Company”), departed the Company on August 7, 2024”

James A. Brock was appointed as Executive Chair at Core Natural Resources, Inc..

“the Brock Agreement will be deemed amended to reflect Mr. Brock's new role as Executive Chair”
Earnings Releases

Core Natural Resources, Inc. reported the period ended March 31, 2024 results: revenue $565.0 million, net income $101.9 million, EPS $3.39.

“by operating activities of $77.5 million; • Quarterly free cash flow 1 of $41.3 million, which was impacted by working capital changes; • Total revenue and other income of $565.0 million; • Pennsylvania Mining Complex (PAMC) produced 6.5 million tons, despite three longwall moves; • Itmann Mining Complex sold 193 thousand tons compared to 159 thousand tons during”
Governance Changes

Core Natural Resources, Inc.: Board approved amendments to the Second Amended and Restated Bylaws, effective April 30, 2024, including changes to meeting place, adjournment, director nomination procedures, and universal proxy card requirements (effective 2024-04-30).

“The Board also approved certain amendments to the Second Amended and Restated Bylaws of the Company (the “Existing Bylaws”) which amendments are effective as of April 30, 2024 (as amended, the “Third Amended and Restated Bylaws”).”
Governance Changes

Core Natural Resources, Inc.: Filed Second Certificate of Amendment to provide for officer exculpation under DGCL Section 102(b)(7) (effective 2024-05-06).

“On May 6, 2024 the Company filed the Charter Amendment with the Secretary of State of the State of Delaware and the Charter Amendment became effective on that date.”
Earnings Releases

Core Natural Resources, Inc. reported Full Year 2023 results: revenue $2,568.9 million, net income $655.9 million, EPS $19.79 per diluted share.

“Full Year 2023 Highlights Include: • GAAP net income of $655.9 million and GAAP dilutive earnings per share of $19.79; • Adjusted EBITDA 1 of $1,047.7 million; • Net cash provided by operating activities of $858.0 million; • Free cash flow 1 of $686.9 million; • Total revenue and other income of $2,568.9 million;”
Earnings Releases

Core Natural Resources, Inc. reported Fourth Quarter 2023 results: revenue $649.4 million, net income $157.1 million, EPS $5.05 per diluted share.

“Fourth Quarter 2023 Highlights Include: • GAAP net income of $157.1 million and GAAP dilutive earnings per share of $5.05; • Quarterly adjusted EBITDA 1 of $239.9 million; • Net cash provided by operating activities of $219.1 million; • Quarterly free cash flow 1 of $165.0 million; • Total revenue and other income of $649.4 million;”
Earnings Releases

Core Natural Resources, Inc. reported the period ended September 30, 2023 results: revenue $569.9 million, net income $100.7 million, EPS $3.11.

“Highlights Include: • GAAP net income of $100.7 million and GAAP dilutive earnings per share of $3.11; • Adjusted EBITDA 1 of $185.5 million; • Total revenue and other income of $569.9 million; • Net cash provided by operating activities of $162.7 million; • Free cash flow 1 of $120.4 million; • 77% of 3Q23 free cash flow 1 returned to shareholders via stock”
Debt Financings

Core Natural Resources, Inc. amended revolving credit of $355.0 million with PNC Bank, National Association.

“5 (the “ Amendment ”) to its Credit Agreement, dated as of November 28, 2017 (the “ Original Credit Agreement ”), among the Company, the various financial institutions from time to time party thereto, PNC Bank, National Association, as administrative agent and collateral agent for the lenders and the other secured parties referred to therein (the Original Credit Agreement, as amended by the Amendment, the “ Credit Agreement ”).”
Material Agreements

Core Natural Resources, Inc. amended Amendment No. 5 with the various financial institutions from time to time party thereto, PNC Bank, National Association, as administrative agent and collateral agent valued at $400.0 million (effective 2023-06-12).

“On June 12, 2023, CONSOL Energy Inc. (the “ Company ”) entered into an Amendment No. 5 (the “ Amendment ”) to its Credit Agreement, dated as of November 28, 2017 (the “ Original Credit Agreement ”), among the Company, the various financial institutions from time to time party thereto, PNC Bank, National Association, as administrative agent and collateral agent for the lenders and the other secured parties referred to therein (the Original Credit Agreement, as amended by the Amendment, the “ Credit Agreement ”).”
Earnings Releases

Core Natural Resources, Inc. reported the period ended March 31, 2023 results: net income $230.4 million.

“CONSOL Energy Inc. (the "Company," "we," "us," "our") issued a press release on May 2, 2023 announcing its 2023 first quarter results.”
Shareholder Votes

Core Natural Resources, Inc. shareholders approved Advisory vote on compensation paid to named executive officers in 2022 at the 2023-04-27 meeting.

“Proposal 3 : The compensation paid to the Company’s named executive officers in 2022 was approved, on an advisory basis, by the following votes: For: 23,101,175 Against: 1,306,869 Abstain: 152,251 Broker Non-Votes: 4,584,564”
Shareholder Votes

Core Natural Resources, Inc. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-04-27 meeting.

“Proposal 2 : The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified by the following votes: For: 28,799,479 Against: 162,276 Abstain: 183,104”
Shareholder Votes

Core Natural Resources, Inc. shareholders approved Election of Directors at the 2023-04-27 meeting.

“Proposal 1 : James A. Brock, John T. Mills, William P. Powell, Joseph P. Platt, Valli Perera and Cassandra Pan were elected as directors, each for a one-year term expiring at the Company’s 2024 Annual Meeting of Stockholders by the following votes: Director Name For Withheld Broker Non-Votes James A. Brock 24,399,272 161,023 4,584,564 John T. Mills 19,577,566 4,982,729 4,584,564 William P. Powell 19,443,056 5,117,239 4,584,564 Joseph P. Platt 18,923,092 5,637,203 4,584,564 Valli Perera 24,278,555 281,740 4,584,564 Cassandra Pan 24,375,128 185,167 4,584,564”

Valli Perera was elected as Director at Core Natural Resources, Inc..

“the Board elected Valli Perera, effective immediately, to the Board to fill the vacancy created by the retirement of Edwin S. Roberson”

Cassandra Pan was elected as Director at Core Natural Resources, Inc..

“the Board of Directors (the “Board”) of CONSOL Energy Inc. (the “Company,” “we,” “us,” “our”) elected Cassandra Pan to the Board, effective immediately, to fill a vacancy created by the resignation of Sophie Bergeron”

Edwin S. Roberson retired as Director at Core Natural Resources, Inc..

“the vacancy created by the retirement of Edwin S. Roberson, who on March 20, 2023, delivered written notice to the Board that he would retire from the Board effective March 21, 2023.”

Sophie Bergeron resigned as Director at Core Natural Resources, Inc..

“to fill a vacancy created by the resignation of Sophie Bergeron who, on March 20, 2023 delivered written notice to the Board that she would resign from the Board effective March 21, 2023 to pursue other personal and career opportunities.”
Earnings Releases

Core Natural Resources, Inc. reported the fiscal quarter and year ended December 31, 2022 results: net income GAAP net income of $193.0 million.

“CONSOL Energy Inc. (the "Company," "we," "us," "our") issued a press release on February 7, 2023 announcing its 2022 fourth quarter results.”

Mitesh Thakkar was appointed as President and Chief Financial Officer at Core Natural Resources, Inc..

“the Board of Directors of the Company appointed Mitesh Thakkar, age 44, to the position of President and Chief Financial Officer.”
Earnings Releases

Core Natural Resources, Inc. reported the period ended September 30, 2022 results: net income $152.1 million.

“CONSOL Energy Inc. (NYSE: CEIX) reported financial and operating results for the period ended September 30, 2022. Third Quarter 2022 Highlights Include: • GAAP net income of $152.1 million;”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.