The guidance revision is the primary catalyst. Monitor Q4 2026 results for Buchanan recovery and CHPP throughput improvement and any further balance sheet improvement
Price Chart
Executive Summary
Coronado Global Resources reported Q3 2026 results with coal revenues of approximately $558M, up from $506M in Q2, and earnings of $44M (highest since Q2 2024). However, the company significantly lowered 2026 guidance: saleable production cut to 14.0-14.5Mt from 16-17Mt and mining cash costs raised to $105-110/t from $88-96/t, citing Buchanan geological issues, slower Mammoth ramp-up, and CHPP throughput issues. The guidance revision is a clear negative signal despite the sequential improvement.
Key Facts
- Q3 2026 earnings of $44M, up from $7M in Q2 2026
- Coal revenues of approximately $558M in Q3 vs $506M in Q2
- Revised 2026 guidance: Saleable production 14.0-14.5Mt (from 16-17Mt), mining cash costs $105-110/t (from $88-96/t)
- Available liquidity increased by $57M to $155M, net debt $553M
- Buchanan ROM production down 0.7Mt QoQ due to geological fault, now resolved
- Logan divestment completed in July 2026
Financial Impact
Guidance cut reduces FY 2026 saleable production by ~15% and increases unit cost ~$17/t vs original by ~$15/t
Risk Factors
- Further production shortfalls from Buchanan geology issues
- Further delays in CHPP throughput improvement
- Further delays CHPP throughput improvement
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-117884 |
| Document: tm2627998d1_8k.htm | 0001104659-26-117884 |
| Document: 0001104659-26-117884-index-headers.html | 0001104659-26-117884 |
| Document: 0001104659-26-117884-index.html | 0001104659-26-117884 |
| Document: 0001104659-26-117884.txt | 0001104659-26-117884 |
| 8-K Data (Synthetic) | 0001104659-26-117884 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | 8-K | $0.1150 $0.1150 | · 0.00% | ▼ −0.52% | $0.1150 (−0.00%) |
Oct 16, 2026 11d ago | 8-K | $0.1200 $0.1200 | · 0.00% | ▼ −0.42% | $0.1150 (−4.17%) |
Aug 5, 2026 11w ago | 8-K | $0.1821 $0.1821 | · 0.00% | ▼ −0.61% | $0.1150 (−36.85%) |
Jul 22, 2026 13w ago | 8-K | $0.1821 $0.1821 | · 0.00% | ▲ +1.23% | $0.1150 (−36.85%) |
Jul 13, 2026 15w ago | 8-K | $0.1821 $0.1821 | · 0.00% | ▼ −0.40% | $0.1150 (−36.85%) |
Jun 4, 2026 20w ago | 8-K | $0.1800 $0.1850 | ▲ +2.78% | ▲ +5.38% | $0.1150 (−36.11%) |
Apr 27, 2026 26w ago | 8-K | $0.1856 $0.1856 | · 0.00% | ▲ +0.01% | $0.1150 (−38.04%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers