Core Natural Resources (CNR) Reports Mixed Results for Q4 2025

The share price of Core Natural Resources, Inc. (NYSE:CNR) fell by 4% between February 11 and February 18, 2026, putting it among the Energy Stocks that Lost the Most This Week.

Core Natural Resources, Inc. (NYSE:CNR) is a world-class producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals.

Core Natural Resources, Inc. (NYSE:CNR) reported mixed Q4 2025 results on February 12, with its loss per share of $1.54 falling below estimates by $0.95. The company posted a net loss of $79 million, despite reporting an adjusted EBITDA of $103.1 million in the quarter. That said, CNR’s revenue for Q4 came in at $1.04 billion, up 81.3% YoY and topping forecasts by almost $43.5 million.

Core Natural Resources, Inc. (NYSE:CNR) faced significant challenges in the fourth quarter, including fire extinguishment costs at Leer South and idle mine cash costs at Leer South and West Elk totaling $36.4 million. The company also recorded $23.9 million in insurance proceeds related to the Baltimore bridge collapse.

Core Natural Resources, Inc. (NYSE:CNR) generated free cash flow of $27 million in Q4 2025. The company is targeting to return approximately 75% of its earnings to shareholders and announced a quarterly dividend of $0.10 per share on February 12.

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