Loading...
•
Jun 30, 2025
CONSOL Energy Q2 2025 Earnings Report
CONSOL Energy, now operating as Core Natural Resources, reported strong Q2 2025 results with over $1.1 billion in revenue despite a net loss due to one-time costs.
Key Takeaways
Core Natural Resources generated over $1.1 billion in revenue and $131 million in free cash flow during Q2 2025, while executing strong performance across its thermal and PRB segments. A net loss of $36.6 million was driven by costs tied to the Leer South idle operation.
Total revenue for Q2 2025 was $1.10 billion, driven by strong operational output across segments.
Net loss was $36.6 million due to combustion-related costs at Leer South.
Free cash flow totaled $131.1 million and operating cash flow reached $220.2 million.
Cash and cash equivalents increased to $606.9 million, up from $579.3 million at the start of the quarter.
Revenue by Segment
Forward Guidance
Core expects continued strong cash flow in the second half of 2025 with increased synergy capture, insurance recoveries, and stable operational output.
Positive Outlook
- Raising annual synergy target to $150M–$170M
- Expected insurance recoveries from Leer South to exceed $100M
- Strong cash flow outlook from High CV Thermal and PRB segments
- Capital return program to distribute ~75% of free cash flow
- Fully committed sales across core segments for 2025
Challenges Ahead
- Leer South mine remains idle due to combustion-related event
- Q3 expected to include $20M–$30M in idle mine costs
- Softness in international coal markets affecting price realization
- Lower pricing on spot sales impacted average revenue per ton
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...