Professional
Added to YB: 2024-04-16
Pitch date: 2024-04-08
CEIX [bullish]
Core Natural Resources, Inc.
+2.42%
current return
Author Info
No bio for this author
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
$82.96
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
value
Black Bear Value Partners Portfolio Holding: CONSOL Energy Inc.
CEIX: US coal producer pivoted to exports for non-power generation. Near zero net debt, trading at 20-25%+ unlevered FCF yield. Negative coal stigma but some regions have limited alternatives. Large FCF allocation to cheap buybacks expected to drive per share intrinsic value growth over 3 years.
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