Core Natural Resources (CNR) AI Stock Analysis

• Market Cap: $3.73B
• Dividend Yield: 0.56%
• Average Volume (3M): 866.71K
• Price to Earnings (P/E): 14.6
• Beta (1Y): 0.98
• Revenue Growth: 10.42%
• EPS Growth: -70.77%
• Country: US
• Employees: 2,076
• Sector: Energy
• Sector Strength: 53
• Industry: Coal
• EPS (TTM): -1.38
• Shares Outstanding: 52,660,076
• 10 Day Avg. Volume: 957,383
• 30 Day Avg. Volume: 866,710
• PEG Ratio: <0.01
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.79
• Enterprise Value/Market Cap: 0.27
• Enterprise Value/Revenue: 0.11
• Enterprise Value/Gross Profit: 0.78
• Enterprise Value/Ebitda: 0.40
• 1Y Price Target: $92.50
• Price Target Upside: 33.15% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 70 Outperform
• Price Target: $76.00 ▲(9.40%Upside)

Core Natural Resources' overall score reflects solid financial performance and strategic initiatives from the earnings call that enhance financial flexibility. However, technical analysis indicates bearish trends, and valuation suggests limited income appeal. Key concerns include profitability pressures and market challenges, especially in the Metallurgical segment.

Positive Factors

Capital Returns

Core's strategy includes focusing on capital returns, such as significant dividends and share repurchases, which can be attractive to investors.

Financial Stability

Core's strong balance sheet and good free cash flow profile contribute to its financial stability.

Market Demand

Higher-than-expected domestic demand for CNR’s thermal products is supported by weather, constructive natural gas prices, and a supportive administration.

Negative Factors

Investment Uncertainty

The risk of mergers and acquisitions could be an overhang on Core's share price, creating uncertainty for investors.

Market Challenges

Met coal markets remain challenged as they face headwinds from tariff uncertainty, weak steelmaker sentiment, and tepid demand.

Operational Disruptions

The combustion event at Leer South will limit coking coal sales, impacting shipment and cost expectations.

Core Natural Resources Business Overview & Revenue Model

Company Description

Core Natural Resources (CNR) is a diversified natural resources company engaged in the exploration, development, and production of mineral resources. Operating primarily in the mining sector, CNR focuses on the extraction and processing of essential minerals such as copper, gold, and iron ore. The company is committed to sustainable practices and innovation in its operations to meet the growing global demand for natural resources.

How the Company Makes Money

Core Natural Resources generates revenue through the sale of extracted minerals, including copper, gold, and iron ore, to various industries such as manufacturing, technology, and construction. The company's revenue model is primarily driven by commodity sales, where prices are influenced by global market demand and supply dynamics. CNR also engages in strategic partnerships and joint ventures to expand its mining operations and access new markets. Additionally, the company invests in advanced technologies and efficient mining practices to optimize production costs and improve profit margins.

Core Natural Resources Financial Statement Overview

Summary

Core Natural Resources demonstrates solid revenue growth and a strong balance sheet with low leverage. However, declining margins and reduced free cash flow highlight profitability pressures and cash generation challenges, warranting close monitoring.

Income Statement

Core Natural Resources shows strong growth in revenue with a TTM increase of 22.1% compared to the previous year. The gross profit margin stands robustly at 48.1% for the TTM, though there is a decline in EBIT margin to 5.0%. The net profit margin has decreased to 4.4% in the TTM, indicating some challenges in maintaining profitability levels.

Balance Sheet

The company has improved its financial stability with a debt-to-equity ratio of 0.09 in the TTM, showcasing low leverage. Stockholders' equity has increased, contributing to an equity ratio of 62.3%. However, the return on equity has decreased to 3.0%, revealing a reduction in profitability from equity investments.

Cash Flow

Operating cash flow to net income ratio is robust at 2.5, reflecting good cash generation relative to net income. However, free cash flow has declined significantly by 70.2% in the TTM, suggesting potential challenges in generating discretionary cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.62B	2.15B	2.51B	2.28B	1.26B	879.46M
Gross Profit	1.26B	1.65B	1.97B	1.87B	932.63M	628.71M
EBITDA	451.31M	576.37M	1.05B	847.96M	323.33M	262.70M
Net Income	115.24M	286.40M	655.89M	466.98M	34.11M	-9.76M
Balance Sheet
Total Assets	6.25B	2.88B	2.68B	2.70B	2.57B	2.52B
Cash, Cash Equivalents and Short-Term Investments	388.49M	460.23M	281.30M	273.07M	149.91M	50.85M
Total Debt	367.13M	213.74M	212.33M	404.18M	673.94M	712.80M
Total Liabilities	2.36B	1.31B	1.33B	1.54B	1.90B	1.97B
Stockholders Equity	3.90B	1.57B	1.34B	1.17B	672.81M	553.52M
Cash Flow
Free Cash Flow	88.81M	298.40M	690.16M	479.48M	172.82M	43.33M
Operating Cash Flow	289.27M	476.39M	857.95M	650.99M	305.57M	129.33M
Investing Cash Flow	154.28M	-165.03M	-259.43M	-142.18M	-127.36M	-76.33M
Financing Cash Flow	-81.00M	-107.08M	-682.20M	-380.07M	-30.85M	-82.44M

Core Natural Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 69.47
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CNR, the sentiment is Negative. The current price of 69.47 is below the 20-day moving average (MA) of 70.23, below the 50-day MA of 70.75, and below the 200-day MA of 90.25, indicating a bearish trend. The MACD of -0.10 indicates Negative momentum. The RSI at 48.72 is Neutral, neither overbought nor oversold. The STOCH value of 67.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CNR.

Core Natural Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTU	77 Outperform	$1.76B	5.44	10.33%	2.07%	-7.42%	-26.06%
ARLP	76 Outperform	$3.43B	12.55	14.71%	10.48%	-8.53%	-53.44%
NRP	71 Outperform	$1.29B	9.44	31.98%	3.05%	-19.21%	-30.92%
CNR	70 Outperform	$3.73B	14.60	4.36%	0.56%	10.42%	-70.77%
AMR	66 Neutral	$1.47B	55.63	1.66%	0.36%	-23.34%	-95.18%
HCC	64 Neutral	$2.58B	24.43	5.20%	0.65%	-21.04%	-75.78%
Sector *	52 Neutral	C$2.90B	-1.03	-3.46%	6.07%	3.01%	-47.13%

Core Natural Resources Corporate Events

Core Natural Resources Updates on Leer South Mine Operations

On June 30, 2025, Core Natural Resources announced updates on efforts to resume longwall operations at its Leer South mine following a combustion-related event in January. The company re-entered the mine on June 10, re-established ventilation, and inspected equipment, finding it largely unaffected. However, elevated carbon monoxide levels led to a temporary reseal on June 26. Core is working with officials to reposition and restart the longwall system within four months, maintaining its 2025 coking coal sales volume guidance. The company expects insurance recoveries exceeding $100 million, despite the delayed restart.

The most recent analyst rating on (CNR) stock is a Buy with a $109.00 price target. To see the full list of analyst forecasts on Core Natural Resources stock, see the CNR Stock Forecast page.

Core Natural Resources Reports Q1 2025 Net Loss

On May 8, 2025, Core Natural Resources reported a net loss of $69.3 million for the first quarter of 2025, primarily due to merger-related expenses and debt extinguishment. Despite this, the company made significant progress in integrating its operations post-merger, increasing its synergy target by 10% and executing a robust capital return program, returning $106.6 million to investors. The company also made strides in resuming operations at Leer South, with expectations to boost productivity and lower costs in the second half of 2025. Core’s strategic capital market transactions have enhanced its liquidity and financial flexibility, allowing it to capitalize on opportunities in a volatile market.