NYSE$CNR

Core Natural Resources Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported financial and operating results for the period ended September 30, 2021

CONSOL Energy Inc. reported strong customer demand and generated nearly $35 million in free cash flow, while reducing absolute debt levels by $18 million in Q3 2021. They also restarted development for the fifth longwall at the PAMC to capture upside potential.

  • Net cash provided by operating activities of $80.5 million.
  • Quarterly free cash flow of $34.8 million.
  • Cash and cash equivalents of $162.0 million plus $50.3 million in restricted cash as of September 30, 2021.
  • Net leverage ratio of 1.64x as of September 30, 2021.

Headline financials

Total Revenue

$149M

Previous: $243M-38.7%
EPS (adj)

-$0.20

Previous: -$0.28+28.6%
Capital Expenditures

-$45.9M

Previous: -$19.5M-135.1%
Free Cash Flow

-$160M

Previous: -$26.7M-497.2%
Net Income

-$114M

Previous: -$7.22M-1475.2%
Operating Income

-$53M

Previous: $93.5M-156.7%
Gross Profit

-$40.1M

Previous: $90.2M-144.4%
Cash & Equivalents

$162M

Previous: $22.3M+626.9%
Total Assets

$2.59B

Previous: $2.55B+1.4%
Stock-Based Comp

$1.89M

Previous: $2.21M-14.6%

Revenue & EPS history

CONSOL Energy · Revenue · Quarterly

$149M

Q3 2021-38.7%vs Q3 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

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 Q3 2021

Historical avgQ3 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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