Latest news with #CNR
Yahoo
2 days ago
- Business
- Yahoo
Why Core Natural Resources Stock Topped the Market Today
The company provided an update of the longwall operations at one of its mines. This followed a shutdown arising from what it called "a combustion-related event." 10 stocks we like better than Core Natural Resources › A business update provided by Core Natural Resources' (NYSE: CNR) provided plenty of energy for its stock on Monday. Shares of the coal miner popped by nearly 3% that day as a result and make the stock look rather good when comparing its performance to the 0.5% lift of the S&P 500 index Core provided an update on its longwall operations at the Leer South mine in West Virginia. For those unfamiliar, longwall mining is a modern extraction method in which a long face of coal is mined in one single, large slice by a specialty machine called a shearer. The company said that it has shut the mine for the second time, following a closure at the start of this year due to what it termed "combustion-related activity." Earlier this month, Core officials reentered the sealed area of the facility, finding that the longwall equipment was "largely unaffected" by the event. In its press release on the matter, Core said that an increase in carbon monoxide levels necessitated the second shutdown. It added that it "is working closely with federal and state officials on a plan to recover and reposition the longwall equipment in an effort that is expected to be completed within four months." While investors surely weren't happy about Leer South's continuing difficulties, they were comforted by Core's assertion that the problems shouldn't affect overall mining volume of a key product. In the press release, the company reiterated its full-year coking sales volume forecast. It pledged to update this in its second-quarter earnings release, scheduled for August. A mine shutdown is a concerning event, so even with that guidance remaining unchanged the situation at Leer South could be better (to put it gently). I'm not so sure I'd be racing to buy Core stock these days. Before you buy stock in Core Natural Resources, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Core Natural Resources wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Core Natural Resources Stock Topped the Market Today was originally published by The Motley Fool
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
CN to Report Second-Quarter 2025 Financial and Operating Results on July 22, 2025
MONTREAL, June 30, 2025 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2025 financial and operating results after the market close on July 22, 2025. CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on July 22. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 7456934 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will webcast the presentation live and furnish slides supporting the officers' remarks via the Investors section of its website at . A webcast replay will be available after the call ends. About CN CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919. Contacts:
Hamilton Spectator
25-06-2025
- Business
- Hamilton Spectator
CN Releases 2024 Sustainability Data Supplement
MONTREAL, June 25, 2025 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today the release of its 2024 Sustainability Data Supplement, reaffirming its commitment to Delivering Responsibly . In recognition of its sustainability efforts, for the seventeenth year in a row, CN was named to the Corporate Knights Best 50 Corporate Citizens list. 'At CN, sustainability isn't a separate track — it's part of how we run the railroad. From reducing emissions to investing in innovation, we're taking clear, measurable steps that matter. Our progress is driven by the dedication of our railroaders and our ongoing commitment to delivering for our customers, communities, and future generations.' - Tracy Robinson, President and Chief Executive Officer at CN CN 2024 Sustainability Data Supplement CN continues to progress towards its sustainability goals and to communicate its progress with focus, clarity and comparability, as highlighted in the Company's newly released 2024 Sustainability Data Supplement report . Key highlights from the 2024 report include: CN is charting the course for a sustainable future. CN is focused on moving customer goods safely and efficiently, being environmentally responsible, attracting and developing talented railroaders, and helping build safer, stronger communities, all while adhering to the highest standards of governance and supporting shareholder value. 2025 Best 50 Corporate Citizens CN is proud to be listed among the Best 50 Corporate Citizens list, which is an annual ranking of corporate sustainability performance for Canadian businesses. The list is Corporate Knights' flagship ranking of corporate citizenship in Canada. To determine the ranking, Corporate Knights analyzed 344 large Canadian organizations against Canadian and global industry peers on a suite of 25 quantitative key performance indicators covering resource management, employee management, financial management, sustainable revenue and sustainable investment and supplier performance. For more information about the Best 50 Corporate Citizens in Canada and the full rankings, visit CN Forward-Looking Statements Certain statements by CN included in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws, including relating to CN's sustainability-related strategies and targets and commitments, including CN's climate goals and expected benefits of new technologies. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as 'believes,' 'expects,' 'anticipates,' 'assumes,' 'outlook,' 'plans,' 'targets,' or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement. About CN CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919. Contacts :
Yahoo
24-06-2025
- Business
- Yahoo
Core Natural Resources, Inc. (CNR): A Bull Case Theory
We came across a bullish thesis on Core Natural Resources, Inc. (CNR) on The Coal Trader's Substack. In this article, we will summarize the bulls' thesis on CNR. Core Natural Resources, Inc. (CNR)'s share was trading at $71.46 as of 11th June. CNR's trailing P/E was 14.76 according to Yahoo Finance. A large coal mining complex on a sunny day, with heavy machinery moving vast amounts of earth. Core Natural Resources (CNR) has faced a challenging six months amid falling met and thermal coal prices, merger-related disruptions, and a costly outage at Leer South. Despite these headwinds, analysts like UBS have recently initiated coverage with a Buy rating and a price target of $80 per share, lending momentum to the stock, which has remained largely rangebound since April. This aligns with the view that CNR offers a compelling long-term opportunity, even if near-term catalysts are limited. Notably, UBS's endorsement struck a chord with investors because CNR stands out as the only coal producer actively repurchasing shares at the bottom of the cycle—an important signal of management's confidence in intrinsic value. This point had previously been overlooked despite existing Buy ratings from B. Riley and Benchmark with higher targets exceeding $100 per share. While Q1 was weak, posting negative EBITDA and free cash flow, this appears to be a temporary trough. A recovery in coal pricing, combined with the restart of Leer South, is expected to restore profitability. Management's capital return strategy, including a planned share buyback program, further strengthens the investment case. Moreover, one-time drags from the prior quarter—including $50 million in merger fees, $13 million in executive compensation, and over $10 million in losses tied to Leer South—will not recur, improving the outlook for future quarters. As updated models are finalized, the early valuation math already suggests substantial free cash flow upside once market conditions normalize, supporting the case for accumulating CNR at current levels. We previously covered a on Natural Resource Partners (NRP), which emphasized its royalty-driven model, lean cost structure, and 15–20% yield potential even amid depressed coal pricing. A similar long-term optimism underpins the case for Core Natural Resources (CNR), though it presents a more operationally leveraged bet. While NRP benefits from capital-light stability and downside protection, CNR offers greater upside torque tied to a recovery in met coal pricing and operational normalization at Leer South. Both reward patient capital, but CNR's equity buybacks signal a more aggressive posture versus NRP's predictable cash flow play. Core Natural Resources, Inc. (CNR) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held CNR at the end of the first quarter which was 39 in the previous quarter. While we acknowledge the risk and potential of CNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Business Recorder
17-06-2025
- General
- Business Recorder
Nine dead, 26 injured in China fireworks factory blast
BEIJING: An explosion at a fireworks factory in central China killed nine people and injured 26 others, state media said Tuesday, as challenging on-site rescue work continued a day after the incident. The blast occurred shortly before 8:30 am Monday at a factory in a village outside Changde, a city in Hunan province, state-run China National Radio (CNR) said. As of 9:00 am on Tuesday, nine people were dead and 26 injured, CNR said citing a rescue command centre. Rescue work at the scene was ongoing, CNR reported, noting a 'complicated' situation and the risk of additional explosions hampering response efforts. Russian overnight attack on Kyiv kills 14 and injures 44, officials say Adding to the challenge, the site was in a 'mountainous area with no large water source', it added. 'During more than 20 hours of uninterrupted and continuous rescue, the rescue team used remote-controlled water cannons to extinguish the fire,' the report said. State news agency Xinhua also said Tuesday that the Ministry of Emergency Management had sent a working team to Hunan to oversee the rescue. 'Efforts must be made to ascertain the cause of the explosion as soon as possible and to hold those responsible accountable,' the ministry said, according to Xinhua. Industrial accidents are fairly common in China due to vague regulations and lax safety standards. Last month, an explosion at a chemical plant in the eastern province of Shandong killed at least five people. In 2015, blasts at warehouses containing flammable chemicals in the port city of Tianjin killed more than 170 people and injured 700 others.
