Core Natural Resources Q2 net income $126.5 million, aided by insurance proceeds
Core Natural Resources reported second quarter 2026 net income of $126.5 million, or $2.51 per diluted share, and revenues of $1.1 billion. The quarter included $125.4 million of recognized Leer South insurance proceeds, so the company's reported profit depends heavily on this one-time item. The company also declared a $0.10 per share quarterly dividend and repurchased $63.0 million of stock during the quarter.
Key points
- Net income $126.5 million, $2.51 per diluted share; adjusted EBITDA $323.6 million; revenues $1.1 billion
- Leer South insurance claim settled for full limit recovery; $125.4 million recognized in Q2, with $154.5 million netted across all periods
- Free cash flow $148.0 million; $63.0 million spent repurchasing 719,904 shares; $0.10 dividend payable September 18, 2026 to holders of record August 31, 2026
- Powder River Basin cash margin per ton was negative at $(0.57) in Q2; 2026 sales volume guidance is 87.3 to 92.4 million tons total
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.