CNR Core Natural Resources, Inc.

BULLISH Impact: 6/10 8-K
Horizon weeks Filed May 7, 2026 Processed 1mo ago SEC 0001710366-26-000040
8-K Item 2.02: Earnings release
Latest settled — T+20d
CNR ▲ +8.89% at T+20d
LONG call ✓ call won +8.89% · α vs SPY +5.75% · entry $88.56 → $96.43
Next anchor: T+60d in 8w
Last close $93.22 (close Jun 8) · +5.26% from $88.56 entry
Entry anchored
May 7, 2026
via day open
T+1d
-4.12%
call -4.12% · α -4.95%
$84.91
settled 5w ago
T+5d
-6.94%
call -6.94% · α -8.45%
$82.41
settled 27d ago
T+20d
+8.89%
call +8.89% · α +5.75%
$96.43
settled 5d ago
T+60d
call — · α —
in 8w

Price Chart

Loading chart...

Executive Summary

Core Natural Resources reported Q1 2026 net income of $21.0M ($0.41/diluted share), swinging from a $79.0M loss in Q4 2025, driven by strong operational execution at Leer South and West Elk. Adjusted EBITDA doubled to $179.9M, and free cash flow improved to $55.5M, with $47.0M returned to stockholders. The company maintained its 2026 guidance, signaling confidence in the turnaround.

Key Financial Metrics

Free Cash Flow
$55.5M
Gross Margin
18.9%

Actionable Insight

Core's operational turnaround is delivering tangible results, with strong cash generation and aggressive capital returns. Monitor subsequent quarters for sustained margin expansion and continued free cash flow to validate the inflection narrative.

Key Facts

  • Net income of $21.0M vs net loss of $79.0M in Q4 2025
  • Adjusted EBITDA of $179.9M, up 74% from $103.1M in Q4 2025
  • Free cash flow of $55.5M, more than doubling from $27.0M in Q4 2025
  • Returned $47.0M to stockholders via share repurchases and dividends
  • 2026 guidance maintained; metallurgical cash costs improved 11% QoQ

Financial Impact

Net income $21.0M, Adjusted EBITDA $179.9M, Free cash flow $55.5M

net incomeadjusted EBITDAfree cash flowEPS

Risk Factors

  • Coal price volatility and global demand uncertainty
  • Operational disruptions at key mines (Leer South, West Elk)
  • Regulatory risks including environmental policies and tariffs

Market Snapshot

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

Documents Analyzed

This report is based on 7 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001710366-26-000040
Document: cnrq12026er-exhibit992.htm0001710366-26-000040
Document: cnr-20260507.htm0001710366-26-000040
Document: 0001710366-26-000040-index-headers.html0001710366-26-000040
Document: 0001710366-26-000040-index.html0001710366-26-000040
Document: 0001710366-26-000040.txt0001710366-26-000040
8-K Data (Synthetic)0001710366-26-000040
12 reports for CNR
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CNR — sortable, filterable
Type Now
Jun 4, 2026
5d ago
8-K
NEUTRAL ★ 4/10
$98.86 awaiting T+5awaiting T+5$93.22 (−5.71%)
May 19, 2026
21d ago
8-K
NEUTRAL ★ 3/10
$82.97 $93.85▲ +13.11%▲ +11.31%$93.22 (+12.35%)
May 7, 2026
4w ago
8-K
BULLISH ★ 6/10
$88.56 $82.41▼ −6.94%▼ −8.45%$93.22 (+5.26%)
May 4, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$88.38 $85.89▼ −2.82%▼ −4.80%$93.22 (+5.48%)
May 1, 2026
5w ago
3
NEUTRAL ★ 2/10
$87.02 $88.56▲ +1.77%▼ −0.58%$93.22 (+7.12%)
May 1, 2026
5w ago
3
NEUTRAL ★ 2/10
$87.02 $88.56▲ +1.77%▼ −0.58%$93.22 (+7.12%)
Apr 30, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$86.93 $84.82▼ −2.42%▼ −4.77%$93.22 (+7.24%)
Mar 17, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$98.78 $109.68▲ +11.03%▲ +13.69%$93.22 (−5.63%)
Mar 17, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$98.78 $109.68▼ −11.03%▼ −13.69%$93.22 (+5.63%)
Mar 16, 2026
12w ago
DEFA14A
NEUTRAL ★ 3/10
$97.63 $103.15▲ +5.65%▲ +7.70%$93.22 (−4.52%)
Showing 10 of 12

US Market Status

Market Closed — Opens in 7h 1m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access