Core Natural Resources, Inc. reported Q4 2025 results with a net loss of $79.0 million and revenue of $1.042 billion, while providing 2026 sales volume and cost guidance. The company resumed operations at Leer South and West Elk, generated $27.0 million in free cash flow, and returned $26.8 million to stockholders in Q4.
Key takeaways
Reported Q4 2025 net loss of $79.0 million, or ($1.54) per diluted share, on revenues of $1.042 billion.
Generated $107.3 million in net cash from operating activities and $27.0 million in free cash flow.
Returned $26.8 million to stockholders in Q4 via dividends and share repurchases; total 2025 capital return was $245.1 million.
Board declared a quarterly dividend of $0.10 per share, payable March 16, 2026 to stockholders of record on March 2, 2026.
Issued 2026 guidance for total sales volume of 85.6 – 91.4 million tons and Capital Expenditures of $325 – $375 million.
Resumed longwall mining at Leer South and completed transition to a new seam at West Elk, entering 2026 at targeted production rates.