Core Natural Resources: brands it owns and its ownership tree
Core Natural Resources (NYSE: CNR) is a publicly listed company headquartered in Canonsburg, United States that owns 4 consumer brands.[1][2]
Core Natural Resources is the former CONSOL Energy. Its 2025 Form 10-K says it completed an all-stock merger with Arch Resources on 14 January 2025, was renamed Core Natural Resources and began trading as CNR on 15 January 2025. Arch is now a wholly owned subsidiary. The company produces metallurgical and thermal coal, mainly in the Appalachian Basin, and has marine export terminal interests.
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divestitures recorded
Company facts
- Legal name
- Core Natural Resources, Inc. (also CONSOL Energy, Arch Resources)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Canonsburg, United States
- Tickers
- NYSE: CNR
- Revenue
- $4.16 billion (2025)[2]
- SEC CIK
- 0001710366
- Website
- www.corenaturalresources.com/
- Last verified
- · 2 sources
What Core Natural Resources's annual report says about its business
Read from Core Natural Resources's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- High CV Thermal segment, Metallurgical segment, Powder River Basin ("PRB") segment, Core Marine Terminal segment:
Thus, the Company reassessed its reporting segments, and the Company now consists of four reportable segments: (1) the High CV Thermal segment; (2) the Metallurgical segment; (3) the Powder River Basin ("PRB") segment; and (4) the Core Marine Terminal segment.
- High CV Thermal, Metallurgical, PRB, Core, Marine Terminal, Idle and Other:
The following tables present reconciliations by reportable segment of realized coal revenue and realized coal revenue per ton sold to revenues, the most directly comparable GAAP financial measure (in thousands, except per ton information): Year Ended December 31, 2025 High CV Thermal Metallurgical PRB Core Marine Terminal Idle and Other Eliminations Consolidated
Acquisitions and disposals named in the filing
- Acquired: CFOAM Corp. (2022).
For example, in 2022, we acquired the remaining equity stake in CFOAM Corp. ("CFOAM"), which manufactures high-performance carbon foam products from coal that can be used in the aerospace, military, industrial and commercial product markets.
- Acquired: Touchstone Advanced Composites (2023).
In 2023, we acquired the assets of Touchstone Advanced Composites ("TAC"), an innovative composite tooling supplier for the aerospace industry that uses our CFOAM product.
Core Natural Resources in numbers
- Core Natural Resources owns 4 consumer brands tracked here across 1 top-level categories; the largest is energy with 4 brands.[1]
Core Natural Resources financial history
Headline figures from Core Natural Resources's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $879.5m to $4.16bn, an average of 36.5% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $4.16bn | $-182,061,000 | -4.4% | $-153,216,000 | $6.13bn | $317.3m | 10-K | |
| $2.16bn | $351m | 16.2% | $286.4m | $2.88bn | $79.5m | 10-K | |
| $2.51bn | $803.3m | 32.0% | $655.9m | $2.68bn | $181.9m | 10-K | |
| $2.28bn | — | — | $467m | $2.7bn | $342.1m | 10-K | |
| $1.26bn | — | — | $34.1m | $2.57bn | $568.1m | 10-K | |
| $879.5m | — | — | $-9,755,000 | $2.52bn | $566.9m | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Core Natural Resources owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Core Natural Resources SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Regulation FD disclosure | |
| 8-K | Mine safety | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Mine safety | |
| 8-K | Results of a shareholder vote; Regulation FD disclosure | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Mine safety | |
| 8-K | Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure |
Frequently asked questions
What brands does Core Natural Resources own?
Core Natural Resources owns 4 consumer brands tracked here, including Pennsylvania Mining Complex, Arch Resources, Leer and Black Thunder.
Is Core Natural Resources an American company?
Yes. Core Natural Resources is headquartered in Canonsburg, United States.
Who owns Core Natural Resources?
Core Natural Resources is a publicly listed company owned by its shareholders; it trades as CNR on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Core Natural Resources, Inc. Annual Report on Form 10-K filed 2026-02-17 — SEC EDGAR, SEC Form 10-K, published 17 February 2026; retrieved 5 October 2026.
- [2] Core Natural Resources, Inc.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 17 February 2026; retrieved 5 October 2026.
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