Nacco Industries (NC) is trading at a new 3-year high. NC stock is up more than 70% over the past year and has robust technical momentum. The stock maintains a 100% “Buy” opinion from Barchart. Individual investors are optimistic about NC, viewing its recent results as a compelling buying opportunity. Today’s Featured Stock Valued at $412 million, Nacco Industries (NC) brings natural resources to market by delivering aggregates, minerals, reliable fuels, and environmental solutions through its p ...

® CLEVELAND, Dec. 10, 2025 /PRNewswire/ -- NACCO Industries (NYSE: NC) announced today the dual listing of its Class A Common Stock on NYSE Texas, the newly launched fully electronic equities exchange, effective December 11, 2025. NACCO will maintain its primary listing on the New York Stock Exchange and will trade on NYSE Texas with the same "NC" ticker symbol. "We are pleased to reinforce our long-standing relationship with the NYSE and deepen our commitment to the Lone Star State, a key region for natura ...

The share price of NACCO Industries, Inc. (NYSE:NC) fell by 2.67% between November 26 and December 3, 2025, putting it among the Energy Stocks that Lost the Most This Week. NACCO Industries (NC) Fell This Week. Here is Why NACCO Industries, Inc. (NYSE:NC), together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. NACCO Industries, Inc. (NYSE:NC) announced a quarterly dividend of $0. ...

Core Points - NACCO Industries announced a quarterly cash dividend of 25.25 cents per share, payable on December 15, 2025, to stockholders of record as of December 1, 2025 [1] - The company approved a new stock repurchase program allowing for the repurchase of up to $20 million of Class A Common Stock through December 31, 2027, replacing the previous program [2] - The CEO expressed confidence in the company's long-term business prospects and indicated that share repurchases will be balanced with other capital needs [3] Dividend Information - The declared dividend is applicable to both Class A and Class B Common Stock [1] - The payment date is set for December 15, 2025, with a record date of December 1, 2025 [1] Stock Repurchase Program - The new program allows for repurchases of up to $20 million, replacing the previous program that was set to expire on December 31, 2025 [2] - The timing and amount of repurchases will be at the discretion of management, influenced by capital availability and market conditions [3] - The program may be modified or terminated at any time without prior notice and can be executed through various methods, including open-market purchases [3]

Core Insights - NACCO Industries, Inc. (NYSE:NC) experienced a significant share price increase of 16.84% from November 7 to November 14, 2025, ranking among the top energy stocks for the week [1] - The company operates in the natural resources sector through three segments: Coal Mining, North American Mining, and Minerals Management [2] Financial Performance - For Q3, NACCO reported a revenue growth of 24% year-over-year, reaching $76.6 million, driven by its contract mining and minerals divisions [3] - EBITDA for the quarter increased by over 34% year-over-year to $12.5 million, supported by improvements across all segments and higher natural gas prices [3] - Despite the revenue and EBITDA growth, NACCO's net income decreased by 15% year-over-year to $13.3 million, primarily due to a one-time insurance payout in 2024 [3] Balance Sheet Strength - As of September 30, NACCO's total debt outstanding was $80.2 million, a reduction from $95.5 million as of June 30 and $99.5 million as of December 31, 2024 [4] - The company has set a long-term target of achieving $150 million in annual EBITDA within the next 5 to 7 years [4] - Since the beginning of 2025, NACCO's share price has increased by over 72% [4]

Group 1 - The article does not provide any specific information or insights regarding a company or industry [1]

Financial Data and Key Metrics Changes - The third quarter operating profit was almost $7 million, an improvement from the second quarter's break-even results [4] - Q3 2025 EBITDA increased to $12.5 million, up from $9.3 million in Q2 [4] - Consolidated revenues were $76.6 million, up 24% year over year, while gross profit improved 38% to $10 million [10] - Net income for Q3 2025 was $13.3 million, or $1.78 per share, compared to $15.6 million, or $2.14 per share in 2024 [11] - EBITDA for Q3 2025 was $12.5 million versus $25.7 million for the same period last year [11] Business Line Data and Key Metrics Changes - Utility coal mining segment's results were impacted by contractual pricing mechanics, leading to a reduced per ton sales price [4] - Contract mining segment saw tons delivered grow 20% year over year and 3% sequentially, driven by higher customer demand [5] - Minerals and royalties segment's operating profit increased due to improved earnings from equity investments and higher royalty revenues [14] Market Data and Key Metrics Changes - The Mississippi Lignite Mining Company's results were affected by a reduced contractually determined per ton sales price in 2025 [11] - The contract mining segment is positioned as a core driver of future growth, with a strong pipeline of potential new deals [6] Company Strategy and Development Direction - The long-term strategy aims for $150 million of annual EBITDA in the next five to seven years [8] - The company is focused on execution, operational discipline, and driving long-term returns for shareholders [18] - Recent government support is strengthening all business segments [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the trajectory and future growth, citing strong demand for energy and services [18] - Anticipated improvements in profitability for 2026, driven by expected improvements in sales price and cost per ton delivered [12] Other Important Information - The company is terminating its pension plan, which will trigger a non-cash settlement charge [15] - Total debt outstanding decreased to $80.2 million from $95.5 million at June 30 [16] - The company is forecasting up to $44 million in capital spending for the remainder of the year and up to $70 million in 2026 [17] Q&A Session Summary Question: Inquiry about contract mining segment's ROIC - Management indicated that the current ROIC is affected by both past and future projects, with a mismatch between assets and current profitability [22][24] Question: Preference between drag line and surface work - Management stated that they are flexible and can provide various mining services, emphasizing the importance of finding long-term partners [29][30] Question: Status of solar project - Management confirmed that they are diligently working on getting solar projects safe harbored for tax credit purposes [53]

Financial Performance - Revenues for the three months ended September 30, 2025, increased to $76,614,000, up 24.2% from $61,656,000 in the same period of 2024[9] - Gross profit for the nine months ended September 30, 2025, was $26,445,000, representing a 24.5% increase compared to $21,280,000 in 2024[9] - Net income for the three months ended September 30, 2025, was $13,254,000, a decrease of 15.4% from $15,635,000 in the same period of 2024[10] - Basic earnings per share for the nine months ended September 30, 2025, was $2.89, down from $3.55 in 2024, reflecting a 18.6% decline[9] - The company reported a total comprehensive income of $13,363,000 for the three months ended September 30, 2025, compared to $15,713,000 in 2024, a decrease of 8.6%[10] - The net income for the third quarter of 2025 was reported at $15,635,000, a significant increase compared to $4,570,000 in the first quarter of 2024[14] - Total revenues for the three months ended September 30, 2025, were $76.6 million, a 24.2% increase from $61.7 million in the same period of 2024[51] - For the nine months ended September 30, 2025, total revenues reached $210.4 million, up 25.8% from $167.3 million in 2024[51] - Total operating profit for Q3 2025 was $6,777 million, down 65.6% from $19,699 million in Q3 2024[66] - Operating profit for Q3 2025 was $6,777,000, a significant decline of 65.5% from $19,699,000 in Q3 2024[9] Assets and Liabilities - Total current assets decreased to $207,717,000 as of September 30, 2025, from $264,738,000 at December 31, 2024, a decline of 21.5%[7] - Total liabilities decreased to $211,231,000 as of September 30, 2025, compared to $226,740,000 at December 31, 2024, a reduction of 6.8%[7] - Cash and cash equivalents decreased to $52,657,000 as of September 30, 2025, down from $72,833,000 at December 31, 2024, a decline of 27.7%[7] - As of September 30, 2025, total stockholders' equity increased to $426,402,000 from $382,340,000 at the beginning of 2024, reflecting a growth of approximately 11.5%[14] - Total assets as of September 30, 2025, were $637,633 million, a slight increase from $631,687 million as of December 31, 2024[68] - The balance of trade accounts receivable decreased from $49.7 million at January 1, 2025, to $30.9 million at September 30, 2025[51] - The total liabilities as of September 30, 2025, were $211,231 million, down from $226,740 million as of December 31, 2024[7] Cash Flow and Investments - Net cash provided by operating activities for the nine months ended September 30, 2025, was $39,502,000, compared to a cash used of $(2,879,000) in 2024[12] - The company plans to continue investing in property, plant, and equipment, with expenditures of $(34,342,000) for the nine months ended September 30, 2025[12] - Expenditures for property, plant, and equipment in Q3 2025 totaled $22,392 million, significantly higher than $8,296 million in Q3 2024[68] - Expenditures for property, plant, and equipment for the nine months ended September 30, 2025, were $(34,342,000), compared to $(30,697,000) in 2024[12] - The company has $9.6 million recorded as a prepaid profit-sharing asset, which will be reduced as profit-sharing contributions are made to employees[32] Segment Performance - The Utility Coal Mining segment operates under exclusive, long-term contracts, supplying 100% of fuel requirements for adjacent power plants, ensuring stable revenue streams[17] - The Contract Mining segment is expanding operations, with new projects in Arizona expected to commence in Q1 2026, enhancing growth potential[26] - The Minerals and Royalties segment generates income primarily through leasing mineral interests, contributing to diversified revenue sources[28] - Utility Coal Mining segment revenues for the nine months ended September 30, 2025, were $67,519 million, up 39.9% from $48,247 million in the same period of 2024[66] - Contract Mining segment revenues increased by 41.1% to $45,611 million in Q3 2025 from $32,326 million in Q3 2024[66] Equity and Shareholder Returns - Cash dividends on Class A and Class B common stock increased from $0.2175 per share in Q1 2024 to $0.2525 per share in Q2 2025, representing a rise of approximately 16%[14] - The company’s total capital in excess of par value increased to $40,016,000 by September 30, 2025, up from $28,672,000 at the beginning of 2024, reflecting strong financial health[14] - The stock repurchase program approved on November 7, 2023, allows for the purchase of up to $20.0 million of Class A Common stock through December 31, 2025[55] Accounting and Reporting - The company is evaluating the impact of new accounting standards on its financial statements, including ASU No. 2023-09 and ASU No. 2024-03, which will enhance income tax disclosures and expense disaggregation[35][36] - The reclassification adjustment to net income, net of tax, was $109,000 for the first quarter of 2025, indicating ongoing adjustments in financial reporting[14] Other Notable Items - The company recognized $13.6 million in income related to business interruption insurance recoveries in Q3 2024, partially offsetting losses from a boiler outage[21] - The Thacker Pass lithium project is targeting initial production in late 2027, with Sawtooth Mining, LLC as the exclusive provider of mining services, indicating strategic expansion into the lithium market[27] - The company transferred $14.5 million of excess funds from the terminated Falkirk pension plan to the NACCO 401(k) plan, which will offset future profit-sharing contributions[32] - A gain of $3.6 million was recognized from settling a liability with Falkirk's former customer for $10.9 million during the first nine months of 2025[32] - As of September 30, 2025, assets held for sale amounted to $15.4 million, including draglines and an office building[34] - The company expects to recognize revenue from the Thacker Pass lithium project over the estimated useful life of the asset, with a potential success fee of $4.7 million contingent on meeting commercial mining milestones[49] - The company recorded a loss of $1.4 million related to equity securities during the nine months ended September 30, 2025[59] - The company recognized losses of $0.4 million and $1.4 million during the three and nine months ended September 30, 2025, respectively, related to investments in equity securities[59]

Exhibit 99 NEWS RELEASE 22901 Millcreek Boulevard • Suite 600 • Cleveland, Ohio 44122 Tel. (440) 229-5151 FOR FURTHER INFORMATION, CONTACT: Christina Kmetko For Immediate Release (440) 229-5130 Wednesday, November 5, 2025 NACCO INDUSTRIES ANNOUNCES THIRD QUARTER 2025 RESULTS Consolidated Q3 2025 Results: Cleveland, Ohio, Wednesday, November 5, 2025 - NACCO Industries (NYSE: NC) today announced consolidated results for the three and nine months ended September 30, 2025. ® Third-quarter 2025 earnings improved ...

Core Insights - NACCO Industries reported improved consolidated results for Q3 2025, with revenues increasing by 24% year-over-year to $76.6 million, driven by growth in Contract Mining and Minerals and Royalties segments, despite a decline in operating profit due to prior-year insurance recoveries [1][9][2] Financial Performance - Revenues for Q3 2025 reached $76,614,000, up from $61,656,000 in Q3 2024, marking a 24% increase [2] - Gross profit improved to $9,971,000, a 38% increase from $7,244,000 in the previous year [2] - Operating profit decreased to $6,777,000 from $19,699,000 year-over-year, primarily due to a $13.6 million insurance recovery in 2024 [2][9] - Net income for Q3 2025 was $13,254,000, down 15% from $15,635,000 in Q3 2024 [2][9] - Diluted EPS decreased to $1.78 from $2.14 year-over-year [2] Segment Performance Utility Coal Mining - Revenues increased to $19,654,000 in Q3 2025 from $17,706,000 in Q3 2024, an 11% rise [5][6] - Operating profit for this segment fell to $4,987,000 from $19,938,000, influenced by the absence of prior-year insurance recoveries [5][6] - Tons of coal delivered increased to 6,078,000 from 5,809,000 year-over-year [5] Contract Mining - Revenues grew significantly to $45,611,000 from $32,326,000, a 41% increase [10] - Operating profit improved to $1,929,000 from a loss of $474,000 in the previous year [10] - The segment benefited from increased customer demand and higher parts sales [11] Minerals and Royalties - Revenues rose to $9,313,000 from $8,849,000, with operating profit increasing to $7,968,000 from $6,188,000 [13] - The growth was driven by improved earnings from equity investments and higher royalty revenues due to rising natural gas prices [14] Liquidity and Capital Structure - As of September 30, 2025, total debt was $80.2 million, with total liquidity of $152.0 million, including $52.7 million in cash [3] - The company paid $1.9 million in dividends during Q3 2025 and has $7.8 million remaining under its share repurchase program [3] Strategic Outlook - The company is positioned for long-term growth, focusing on capitalizing on increasing demand for electricity and favorable macroeconomic trends [15] - Anticipated improvements in profitability for the Utility Coal Mining segment in 2026, driven by operational efficiencies and better pricing [18] - The Contract Mining segment is expected to continue its growth trajectory with new contracts and geographic expansion [19][21] - The Minerals and Royalties segment is projected to see a full-year operating profit increase in 2026, despite expected declines in Q4 2025 [23]