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Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Segment Reporting Information by Segment

Reportable segment results for the year ended December 31, 2024 are:


	PAMC		CONSOL Marine Terminal		Other, Corporate and Eliminations		Consolidated
Total Revenue from Contracts with Customers	$	1,949,593	$	87,746	$	127,067	$	2,164,406

Cash Costs of Revenue	973,139		27,372		139,125
Freight Expense	266,393		—		7,633
Other Segment Items	61,049		2,977		31,230				(1)
Adjusted EBITDA	$	649,012	$	57,397	$	(50,921)	$	655,488
Segment Assets	$	1,739,792	$	88,146	$	1,051,605	$	2,879,543
Capital Expenditures	$	149,021	$	8,350	$	20,617	$	177,988

Reportable segment results for the year ended December 31, 2023 are:


	PAMC		CONSOL Marine Terminal		Other, Corporate and Eliminations		Consolidated
Total Revenue from Contracts with Customers	$	2,302,958	$	106,166	$	97,511	$	2,506,635

Cash Costs of Revenue	939,892		27,259		98,803
Freight Expense	278,348		—		15,755
Other Segment Items	65,557		(1,415)		34,748				(1)
Adjusted EBITDA	$	1,019,161	$	80,322	$	(51,795)	$	1,047,688
Segment Assets	$	1,582,434	$	83,322	$	1,009,247	$	2,675,003
Capital Expenditures	$	144,550	$	4,568	$	18,673	$	167,791

Reportable segment results for the year ended December 31, 2022 are:


	PAMC		CONSOL Marine Terminal		Other, Corporate and Eliminations		Consolidated
Total Revenue from Contracts with Customers	$	2,151,494	$	78,915	$	49,609	$	2,280,018
Settlements of Commodity Derivatives	289,228		—		—
Cash Costs of Revenue	834,405		24,758		41,807
Freight Expense	177,610		—		4,831
Other Segment Items	77,156		1,898		21,592				(1)
Adjusted EBITDA	$	773,095	$	52,259	$	(18,621)	$	806,733
Segment Assets	$	1,756,368	$	82,333	$	865,676	$	2,704,377
Capital Expenditures	$	107,401	$	4,646	$	59,459	$	171,506

(1) Other segment items include other non-operating income, general and administrative costs, and other non-operating expenses that are not part of each segment's ongoing operations.

Schedule of Revenue by Major Customers by Reporting Segments

For the years ended December 31, 2024, 2023 and 2022, the Company's reportable segments had revenues from the following customers, each comprising over 10% of the Company's total sales:


	For the Years Ended December 31,
	2024		2023		2022
Customer A	$	240,990	$	283,115	*
Customer B	$	220,537	$	286,041	*
Customer C	*		*		$	368,502
Customer D	*		*		$	328,994

* Revenues from these customers during the periods presented were less than 10% of the Company's total sales.

Schedule of Reconciliation of Revenue from Segments to Consolidated


	For the Years Ended December 31,
	2024		2023		2022
Total Segment Revenue from Contracts with Customers	$	2,164,406	$	2,506,635	$	2,280,018
Loss on Commodity Derivatives, net	—		—		(237,024)
Other Income not Allocated to Segments	64,964		53,261		24,354
Gain on Sale of Assets	6,941		8,981		34,589
Total Consolidated Revenue and Other Income	$	2,236,311	$	2,568,877	$	2,101,937

Schedule of Adjusted EBITDA


	For the Year Ended December 31, 2024
	PAMC		CONSOL Marine Terminal		Other		Consolidated
Pretax Income (Loss)	$	463,283	$	45,568	$	(178,204)	$	330,647

Interest Expense	—		6,071		16,121		22,192
Interest Income	(6,334)		—		(12,889)		(19,223)
Depreciation, Depletion and Amortization	182,876		5,237		35,413		223,526
Stock-Based Compensation	9,187		521		1,642		11,350
Merger-Related Expenses	—		—		19,280		19,280
1974 UMWA Pension Plan Litigation	—		—		67,933		67,933
Non-Qualified Pension Plan Curtailment Gain	—		—		(217)		(217)

Adjusted EBITDA	$	649,012	$	57,397	$	(50,921)	$	655,488


	For the Year Ended December 31, 2023
	PAMC		CONSOL Marine Terminal		Other		Consolidated
Pretax Income (Loss)	$	810,234	$	69,253	$	(101,615)	$	777,872

Interest Expense	—		6,097		23,228		29,325
Interest Income	(2,344)		—		(11,253)		(13,597)
Depreciation, Depletion and Amortization	202,833		4,671		33,813		241,317
Stock-Based Compensation	8,438		301		1,307		10,046


Loss on Debt Extinguishment	—		—		2,725		2,725


Adjusted EBITDA	$	1,019,161	$	80,322	$	(51,795)	$	1,047,688


	For the Year Ended December 31, 2022
	PAMC		CONSOL Marine Terminal		Other		Consolidated
Pretax Income (Loss)	$	620,208	$	41,223	$	(92,994)	$	568,437

Interest Expense	—		6,116		46,524		52,640
Interest Income	(1,857)		—		(4,174)		(6,031)
Depreciation, Depletion and Amortization	200,320		4,604		21,954		226,878
Stock-Based Compensation	6,628		316		946		7,890


Loss on Debt Extinguishment	—		—		5,623		5,623
Equity Affiliate Adjustments	—		—		3,500		3,500
Fair Value Adjustment of Commodity Derivative Instruments	(52,204)		—		—		(52,204)
Adjusted EBITDA	$	773,095	$	52,259	$	(18,621)	$	806,733