Core Natural Resources, Inc. reported net income of $126.5 million for the second quarter of 2026 on $1.1 billion in revenue. The company generated $147.98 million in free cash flow, supported by the final settlement of an insurance claim for its Leer South mine, which provided $154.5 million in total proceeds.

Operational results saw increased output across key segments. The high calorific value thermal segment recorded 8.4 million tons in sales, an increase of 9%, while the metallurgical segment reached 2.3 million tons of coking coal sales, an 8% improvement. Alongside these production gains, the marketing team secured 16 million tons of new sales commitments for future delivery. Following the announcement, the stock is currently up 5.16%.

“During Q2, the Core team made excellent progress in driving operational excellence across the combined mining platform while generating strong free cash flow and robust capital returns.”

— Jimmy Brock, Chairman and CEO

Capital returns remain a priority, with the company returning $68 million to stockholders during the quarter through share repurchases and dividends. Core has now deployed $360.1 million in capital returns since February 2025. A quarterly dividend of $0.10 per share is scheduled for payment on September 18, 2026, to stockholders of record on August 31, 2026.

“Given Core's step-change in operational execution, strong cash balance, incremental cash proceeds from insurance settlements, projected drawdown of coal inventories, and an improving shipping outlook in the Powder River Basin, we believe the stage is set for even stronger capital returns — and an accelerated reduction in share count — in the year's second half.”

— Mitesh Thakkar, President and Chief Financial Officer

Read the full announcement: Core Natural Resources Reports Second Quarter 2026 Results