Coal Sales LimitationThe combustion event at Leer South will limit coking coal sales to 7.5M-8.0M tons, impacting shipment and cost expectations.
Earnings PerformanceCNR reported a 1Q adjusted EBITDA of $123M, which fell short of the $177M consensus and the $186M estimate, largely due to $36M in idling costs related to Leer South.
Mergers And Acquisitions RiskThe risk of mergers and acquisitions could be an overhang on Core's share price, creating uncertainty for investors.