Added to YB: 2024-09-20
Pitch date: 2024-09-18
CEIX [neutral]
Core Natural Resources, Inc.
-11.67%
current return
Author Info
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Company Info
Core Natural Resources, Inc., together with its subsidiaries, produces, sells, and exports metallurgical and thermal coals in the United States and internationally.
Market Cap
$4.0B
Pitch Price
$96.22
Price Target
N/A
Dividend
0.53%
EV/EBITDA
8.10
P/E
22.89
EV/Sales
1.49
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
The Forgotten Commodity: Coal’s Quiet Resilience in a Changing World - $CEIX
CEIX (coal industry dive): Merger with Arch Resources creates Core Natural Resources, largest US coal co. Diversified met/thermal portfolio, $110-140M synergies, $1.4B annual FCF. Strong export position, cost efficiencies. Focus on buybacks/dividends. Met coal demand to rise with China recovery, US real estate growth.
Read full article (9 min)