NYSE$CNR

Core Natural Resources Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported strong performance with significant free cash flow and increased unrestricted cash position.

CONSOL Energy Inc. reported a strong second quarter in 2021, marked by significant free cash flow generation, an increase in unrestricted cash, and robust customer demand, particularly in export markets. The company is also recommencing the Itmann Metallurgical Coal Project.

  • Net cash provided by operating activities was $94.6 million.
  • Free cash flow was $54.4 million.
  • Cash and cash equivalents totaled $146.7 million, with an additional $53.5 million in restricted cash as of June 30, 2021.
  • Approximately 55% of total sales volume was sold internationally.

Headline financials

Total Revenue

$287M

Previous: $163M+76.6%
EPS (adj)

$0.12

Previous: -$0.69+117.4%
Capital Expenditures

-$43.7M

Previous: -$19.3M-126.6%
Free Cash Flow

-$39.5M

Previous: -$37.3M-6.0%
Net Income

$4.17M

Previous: -$18M+123.2%
Operating Income

$100M

Previous: $42.7M+134.6%
Gross Profit

$112M

Previous: $46.2M+142.9%
Cash & Equivalents

$147M

Previous: $33M+344.1%
Total Assets

$2.56B

Previous: $2.57B-0.3%
Stock-Based Comp

$1.21M

Previous: $2.24M-45.9%

Revenue & EPS history

CONSOL Energy · Revenue · Quarterly

$287M

Q2 2021+76.6%vs Q2 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Forward guidance

CONSOL Energy provided updated financial and operating performance guidance for 2021, based on current contracted positions, estimated prices, and production plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.3%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+7.9%

Avg return

30 days after

45%

15 / 33 earnings

Positive

+24.7%

Q1 2018

Best reaction

-27.1%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-2.2%+6.2%
Q4 2025-2.8%-6.5%+6.7%
Q3 2025-3.5%-7.1%+3.2%
Q1 2025-10.1%-0.6%-10.9%
Q4 2024+5.4%-4.3%-5.6%
Q3 2024+17.6%+18.5%+15.4%
Q2 2024+8.6%+8.1%+3.3%
Q1 2024+2.7%+3.6%+19.6%
Q4 2023-8.7%-9.1%+3.3%
Q3 2023-5.6%-4.3%+4.4%
Q2 2023+14.6%+9.6%+25.0%
Q1 2023+1.1%+4.0%-8.0%
Q4 2022-5.0%-2.7%-0.7%
Q3 2022-0.3%+5.9%+15.7%
Q2 2022+7.5%+11.4%+26.2%
Q1 2022+8.8%+16.3%+22.1%
Q4 2021+20.6%+30.4%+49.6%
Q3 2021-15.5%-15.7%-23.1%
Q2 2021-1.8%+7.7%+17.9%
Q1 2021+21.1%+35.2%+70.3%
Q4 2020-3.5%+4.9%+13.4%
Q3 2020+7.4%+18.1%+52.4%
Q2 2020+8.3%+7.1%-13.1%
Q1 2020-1.8%-16.9%+23.7%
Q4 2019-27.1%-26.5%-53.2%
Q3 2019-6.7%-4.9%-8.2%
Q2 2019-5.0%-7.1%-13.2%
Q1 2019-3.9%-6.9%-16.6%
Q4 2018-4.3%-1.4%-3.0%
Q3 2018-4.1%+2.7%-13.8%
Q2 2018+7.6%+8.2%+3.2%
Q1 2018+24.7%+34.1%+45.8%
Q4 2017-4.0%-5.3%+1.4%
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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