CNR Core Natural Resources, Inc.

NEUTRAL Impact: 4/10 8-K
Horizon weeks Filed Jun 4, 2026 Processed 8d 11h ago SEC 0001710366-26-000048
8-K context-dependent: Items 7.01

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Executive Summary

Core Natural Resources filed an 8-K furnishing an investor presentation that recaps Q1 2026 results and provides 2026 guidance. Q1 2026 net income was $21.0M on revenue of ~$1.1B, with Adjusted EBITDA of $179.9M and free cash flow of $55.5M. The presentation highlights strong operational execution, a robust capital return program ($292.1M returned since inception), and a solid balance sheet ($935M liquidity, $37M net debt). Forward guidance includes projected metallurgical segment sales of ~9M tons and high CV thermal segment sales of 30-32M tons for 2026.

Actionable Insight

This is a routine investor presentation with no new material information. Monitor upcoming Q2 2026 earnings for execution against the 2026 guidance and any updates on the capital return program.

Key Facts

  • Q1 2026 net income of $21.0 million
  • Q1 2026 revenue of approximately $1.1 billion
  • Q1 2026 Adjusted EBITDA of $179.9 million
  • Q1 2026 free cash flow of $55.5 million
  • Total liquidity of $935 million as of March 31, 2026
  • Net debt of $37 million as of March 31, 2026
  • $292.1 million returned to stockholders since capital return program launch in February 2025
  • $733.8 million remaining under $1.0 billion share repurchase authorization as of March 31, 2026
  • Projected 2026 metallurgical segment sales volume of ~9 million tons at mid-point of guidance
  • Projected 2026 high CV thermal segment sales volume of 30-32 million tons
  • Projected 2026 capital expenditures of $325-$375 million

Financial Impact

Routine investor presentation recapping Q1 2026 results with no new material financial disclosures beyond previously reported figures. No material impact expected.

Risk Factors

  • Coal price volatility could impact revenue and margins
  • Operational risks at Leer South mine including combustion-related activity
  • CEO transition risks noted in forward-looking statements

Market Snapshot

Exchange
NYSE
Sector
Silver Ores
Analyst Consensus
89% bullish (9 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001710366-26-000048
Document: cnr-20260604.htm0001710366-26-000048
Document: 0001710366-26-000048-index-headers.html0001710366-26-000048
Document: 0001710366-26-000048-index.html0001710366-26-000048
Document: 0001710366-26-000048.txt0001710366-26-000048
12 reports for CNR
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Track record builds as more directional reports settle.

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Type Now
Jun 4, 2026
8d ago
8-K
NEUTRAL ★ 4/10
$98.86 awaiting T+5awaiting T+5$92.17 (−6.77%)
May 19, 2026
24d ago
8-K
NEUTRAL ★ 3/10
$82.97 $93.85▲ +13.11%▲ +11.31%$92.17 (+11.09%)
May 7, 2026
5w ago
8-K
BULLISH ★ 6/10
$88.56 $82.41▼ −6.94%▼ −8.45%$92.17 (+4.08%)
May 4, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$88.38 $85.89▼ −2.82%▼ −4.80%$92.17 (+4.29%)
May 1, 2026
6w ago
3
NEUTRAL ★ 2/10
$87.02 $88.56▲ +1.77%▼ −0.58%$92.17 (+5.92%)
May 1, 2026
6w ago
3
NEUTRAL ★ 2/10
$87.02 $88.56▲ +1.77%▼ −0.58%$92.17 (+5.92%)
Apr 30, 2026
6w ago
8-K
NEUTRAL ★ 2/10
$86.93 $84.82▼ −2.42%▼ −4.77%$92.17 (+6.03%)
Mar 17, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$98.78 $109.68▲ +11.03%▲ +13.69%$92.17 (−6.69%)
Mar 17, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$98.78 $109.68▼ −11.03%▼ −13.69%$92.17 (+6.69%)
Mar 16, 2026
12w ago
DEFA14A
NEUTRAL ★ 3/10
$97.63 $103.15▲ +5.65%▲ +7.70%$92.17 (−5.59%)
Showing 10 of 12

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