Core Natural Resources (CEIX) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Deck Slone - SVP, Strategy & Public PolicyPaul Lang - CEOMitesh Thakkar - President & CFORobert Braithwaite - SVP, Marketing & Sales Conference Call Participants Nathan Martin - Senior Research AnalystChris LaFemina - AnalystNick Giles - Senior Research AnalystGeorge Eadie - Equity Analyst Operator Good morning, ladies and gentlemen, and welcome to the Core Natural Resources Corporation First Quarter twenty twe ...

Core Natural Resources (CEIX) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Core Natural Resources Corporation First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Thursday, 05/08/2025. I would now like to turn the conference over to mister Deck Sloan. Please go ahead. Speaker1 Good mo ...

Core Natural Resources Investor Presentation May 8, 2025 1 FORWARD LOOKING STATEMENTS This presentation contains certain "forward-looking statements" within the meaning of federal securities laws. Forward-looking statements may be identified by words such as "anticipates," "believes," "targets," "could," "continue," "estimate," "expects," "intends," "will," "should," "may," "plan," "predict," "project," "would" and similar expressions. Forward-looking statements are not statements of historical fact and ref ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on whi ...

Exhibit 99.1 Core Natural Resources Reports First Quarter 2025 Results Returns $106.6 million to investors via share buybacks and quarterly dividend Increases merger-related synergies target by 10% at midpoint to between $125 and $150 million Makes excellent progress towards full resumption of operations at Leer South Executes well-timed capital market transactions establishing target capital structure while boosting liquidity, extending maturities, reducing interest rates, and increasing financial flexibil ...

Revenue and Income - For the year ended December 31, 2024, total coal revenue was $1,787 million, a decrease from $2,107 million in 2023, reflecting a variance of $342 million[341]. - The average coal revenue per ton sold decreased to $65.54 in 2024 from $77.74 in 2023, indicating a decline of approximately 15.6%[337]. - The net income for the year ended December 31, 2024, was $286,405 million, down from $655,892 million in 2023, indicating a decline of approximately 56.4%[340]. - Total revenue and other income for 2024 was $2,236,311, a decrease of 13% from $2,568,877 in 2023[440]. - Coal revenue decreased to $1,786,926 in 2024, down 15% from $2,106,366 in 2023[440]. - Basic earnings per share dropped to $9.65 in 2024, down from $19.91 in 2023[440]. - Comprehensive income for 2024 was $300,892, down from $656,472 in 2023[454]. Costs and Expenses - The cash cost of coal sold for 2024 was $973,139 million, slightly up from $939,892 million in 2023, representing an increase of about 3.5%[335]. - The average cash cost of coal sold per ton increased to $37.89 in 2024 from $36.10 in 2023, marking a rise of approximately 4.9%[337]. - Total costs and expenses increased to $1,905,664 in 2024, up 6% from $1,791,005 in 2023[440]. - Operating and other costs rose to $1,271 million for the year ended December 31, 2024, compared to $1,120 million in 2023, marking an increase of about 13.5%[349]. Cash Flow and Liquidity - The Company reported cash flows from operating activities of approximately $476 million for the year ended December 31, 2024, a decrease of $382 million compared to $858 million in 2023[390]. - Cash and cash equivalents rose to $408,240 in 2024, an increase of 105% from $199,371 in 2023[446]. - Total liquidity as of December 31, 2024, was $708 million, consisting of $408 million in cash and cash equivalents, $52 million in short-term investments, and $355 million available under the revolving credit facility[383]. Capital Expenditures and Investments - Total capital expenditures increased by $10 million, from $168 million in 2023 to $178 million in 2024, with notable increases in building and infrastructure expenditures by $15 million[392]. - The Company generated cash used in investing activities of $165 million in 2024, a decrease of $94 million compared to $259 million in 2023[390]. Debt and Financial Obligations - The Company expects to make payments of $117 million on long-term debt obligations in the next 12 months, including $103 million related to the MEDCO Bonds[408]. - As of December 31, 2024, the Company had total long-term debt and finance lease obligations of $209 million, including a current portion of $113 million[412]. - The Company increased its revolving credit facility commitments from $355 million to $600 million, extending the maturity date to April 30, 2029[382]. Mergers and Future Outlook - The merger with Arch was completed on January 14, 2025, which is expected to significantly impact future financial results[327]. - The company expects to reassess its reporting segments in the first quarter of 2025 following the merger[329]. - The Company anticipates resuming longwall mining at the Leer South mine in mid-2025 after addressing isolated combustion-related activity[330]. Shareholder Returns - The Company declared dividends of $0.25 per share totaling approximately $14.7 million during the year ended December 31, 2024, and announced a $0.10 per share dividend in February 2025[417]. - Dividends declared per common share were $0.50 in 2024, down from $2.20 in 2023[440]. - The company repurchased and retired 747,351 shares of common stock at an average price of $89.49 per share[415]. Tax and Deferred Liabilities - Total income tax expense for the year ended December 31, 2024 was $44,242, a decrease of 63.7% from $121,980 in 2023[514]. - The effective income tax rate for 2024 was 13.4%, compared to 15.7% in 2023 and 17.8% in 2022[515]. - The Company had deferred tax liabilities exceeding deferred tax assets by approximately $49 million as of December 31, 2024[374]. Miscellaneous Income and Other Factors - Miscellaneous other income increased to $80 million in 2024, up from $53 million in 2023, representing a growth of approximately 51%[345]. - Interest income rose to $19,223 in 2024, up from $13,597 in 2023, marking an increase of about 41.5%[507]. - The Company has established risk management policies to mitigate commodity price volatility through short-term and multi-year fixed-price contracts[423].

Management Comments "The Core team is off to an excellent start in integrating the combined operating, marketing and logistics portfolio into a cohesive, high-performing unit; capturing the substantial synergies created by this transformational merger; and laying the foundation for long- term value creation via the tight alignment of its global metallurgical and high calorific value thermal segments," said Paul A. Lang, Core's chief executive officer. Exhibit 99.1 Core Natural Resources Reports Fourth Quart ...

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For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Consol Energy (CEIX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Consol Energy is one of 240 companies in the Oils-Energy group. The Oils-Energy group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank consid ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Consol Energy (CEIX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Consol Energy is one of 240 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #16 in the Zacks Sector Ra ...