CNR — what changed in the latest 10-Q
A section-by-section comparison of CNR's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +61 | −38 | ~25 | 86 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | Text added/removed | +1 | 0 | ~1 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | −4 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
The Company incurred fire extinguishment and idle costs of $101 million at Leer South in 2025 for which it has pursued recoveries under its relevant insurance policies. In June 2026, the Company settled the Leer South insurance claim for total recoveries of $154.5 million, of which $125.4 million an…
Consolidated revenues in the three months ended June 30, 2026 were $39 million higher than the three months ended June 30, 2025 due to increases in the High CV Thermal, Metallurgical and Core Marine Terminal segments of $6 million, $66 million and $4 million, respectively, which were partially offse…
Cost of sales includes items such as direct operating costs, royalties, production taxes and credits, direct administration costs and transportation costs. Our consolidated cost of sales in the three months ended June 30, 2026 decreased $24 million compared to the three months ended June 30, 2025 pr…
On a consolidated basis, general and administrative costs were $27 million for the three months ended June 30, 2026, compared to $35 million for the three months ended June 30, 2025. The $8 million decrease in the period-to-period comparison was primarily due to Merger-related costs and ongoing syne…
Business interruption insurance proceeds recorded in the three months ended June 30, 2026 related to the Leer South insurance claim.
Text removed vs the prior filing · source: 10-Q · 2026-05-07
The Company incurred fire extinguishment and idle costs of $101 million at Leer South in 2025 for which it is pursuing recoveries under its relevant insurance policies. The Company’s initial advancement of insurance proceeds was $19.4 million, recorded in the third quarter of 2025. During the three …
On July 4, 2025, the One Big Beautiful Bill Act (the “OBBBA”) was signed into law by the President of the U.S. Several provisions included in the OBBBA are expected to benefit the Company, including language designating U.S.-produced metallurgical coal as a “critical material” under Internal Revenue…
President Trump issued a series of executive orders in April 2025 intended to reduce the regulatory burden on U.S. coal-based power plants and to ensure the long-term preservation of the U.S. coal fleet. The Trump Administration views the coal fleet as essential to the security, resilience and relia…
Consolidated revenues in the three months ended March 31, 2026 were $67 million higher than the three months ended March 31, 2025 due to increases in the High CV Thermal, Metallurgical, PRB and Core Marine Terminal segments of $11 million, $38 million, $13 million and $3 million, respectively. The i…
Cost of sales includes items such as direct operating costs, royalties, production taxes and credits, direct administration costs and transportation costs. Our consolidated cost of sales in the three months ended March 31, 2026 increased $9 million compared to the three months ended March 31, 2025 d…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-06
On July 23, 2026, the Company received an inspection report from the Colorado Department of Public Health and Environment, Air Pollution Control Division (the “Division”), finding the Company’s West Elk mine out of compliance with volatile organic compound emission limits under its Title V operating…
Other information
Text removed vs the prior filing · source: 10-Q · 2026-05-07
•On March 2, 2026, Robert J. Braithwaite, Senior Vice President, Marketing and Sales, adopted a Rule 10b5-1 trading arrangement for the sale of up to 4,500 shares of our common stock, subject to certain conditions. The arrangement’s expiration date is June 2, 2027, for a duration of 458 days.
•On March 5, 2026, Kurt R. Salvatori, Senior Vice President, Chief Administrative Officer, adopted a Rule 10b5-1 trading arrangement for the sale of up to 11,265 shares of our common stock, subject to certain conditions. The arrangement’s expiration date is June 7, 2027, for a duration of 460 days.
•On March 20, 2026, James A. Brock, Chair and Chief Executive Officer, adopted a Rule 10b5-1 trading arrangement for the sale of up to 100,000 shares of our common stock, subject to certain conditions. The arrangement’s expiration date is November 30, 2026, for a duration of 256 days.
•On March 25, 2026, Rosemary L. Klein, Senior Vice President, Chief Legal Officer and Corporate Secretary, adopted a Rule 10b5-1 trading arrangement for the sale of up to 7,500 shares of our common stock, subject to certain conditions. The arrangement’s expiration date is June 24, 2027, for a durati…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice