- Achieves Metallurgical segment gross margin of $101.8 million, or a record $53.80 per ton - Approaches 8.8 million shares repurchased since capital return program's inception, or 35 percent of initial shares outstanding - Raises midpoint of volume guidance and lowers midpoint of cost guidance for Metallurgical segment - Announces formation of [...]
Arch Coal Inc. will discuss its second quarter 2019 financial results in an investor conference call that will be broadcast live on Wednesday, July 24 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 353-6461 approximately five to 10 minutes prior to the start time. For participants calling from an [...]
Arch Coal Inc. announced today that Thunder Basin Coal Company's Black Thunder Mine has been honored by the Wyoming Department of Environmental Quality with its 2018 Wyoming DEQ Reclamation Award. "This is a great honor for the men and women at the Black Thunder Mine, and a testament to their deep and abiding commitment to protecting and enhancing [...]
- JV synergies projected to average approximately $120 million per year over initial 10 years, with NPV of approximately $820 million - Optimal combination expected to create one of lowest-cost thermal coal suppliers in U.S. to strengthen competitiveness against natural gas and renewables and create value - JV ownership to be 66.5% Peabody and [...]
Achieves Metallurgical segment gross margin of $91.4 million, or a record $50.95 per ton Surpasses 8.1 million shares repurchased, or 32 percent of initial shares outstanding Announces board authorization for an additional $300 million in share buybacks Completes initial slope work and produces first development tons at Leer South Arch Coal Inc[...]
Arch Coal Inc. will discuss its first quarter 2019 financial results in an investor conference call that will be broadcast live on Tuesday, April 23 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 667-5617 approximately five to 10 minutes prior to the start time. For participants calling from an [...]
Arch Coal Inc. announced today that Holly Keller Koeppel, a former senior executive in both the utility and financial services industries, and Robert Brewster Hamill, a retired managing director at Jefferies and Company, have been elected to its board of directors, effective immediately. "We are extremely pleased to welcome Holly and Bob to the [...]
Ships record coking coal volumes and achieves metallurgical segment gross margin of $98 million or $46.69 per ton Returns $96 million to shareholders through share repurchases and dividends Announces plans to develop a second world-class longwall mine on Leer reserves Increases recurring quarterly dividend by 12.5 percent Arch Coal Inc. today [...]
Expected to be among largest, lowest-cost, highest-margin U.S. coking coal mines Projected to be nearly identical to Arch's premier Leer longwall mine Will produce premium, High-Vol A coking coal for sale to global steel producers Arch Coal Inc. announced today that it has commenced development of a new, world-class longwall mine in Barbour County [...]
Arch Coal Inc. will discuss its fourth quarter and full year 2018 financial results in an investor conference call that will be broadcast live on Thursday, February 14 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 667-5617 approximately five to 10 minutes prior to the start time. For participants [...]
Arch Coal Inc. today announced that its board of directors has elected Paul T. Demzik as the company's chief commercial officer, effective immediately. Prior to joining Arch, Demzik was head of thermal coal trading at Anglo American for five years and president of Peabody COALTRADE for seven years. Demzik will report to Paul A. Lang, Arch's [...]
Returns $84 million to shareholders through share repurchases and dividends Generates highest level of Revenue, Net Income and EBITDA since emergence Records a 60-percent increase in operating margins in its PRB segment Arch Coal Inc. today reported net income of $123.2 million, or $6.10 per diluted share, in the third quarter of 2018, compared [...]
