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Arch Resources Inc - ARCH STOCK NEWS

Welcome to our dedicated page for Arch Resources news (Ticker: ARCH), a resource for investors and traders seeking the latest updates and insights on Arch Resources stock.

About Arch Resources Inc.

Arch Resources Inc. (NYSE: ARCH) is a leading producer of high-quality metallurgical coal, a critical raw material for the global steel industry. Headquartered in St. Louis, Missouri, the company operates a portfolio of modern, highly efficient mines across the United States, including operations in Wyoming, Colorado, Illinois, West Virginia, and Virginia. Arch Resources is renowned for its commitment to safety, environmental stewardship, and operational excellence, consistently setting industry benchmarks in these areas.

Core Business and Revenue Streams

Arch Resources primarily generates revenue by mining and marketing metallurgical coal for steelmakers worldwide. The company also produces thermal coal, which is used for power generation, although its focus has increasingly shifted toward metallurgical coal due to its higher value and strategic importance. With a strong presence in both domestic and international markets, Arch Resources serves a diverse customer base, leveraging its extensive logistics network, including ownership interests in export terminals on the U.S. Eastern Seaboard.

Industry Context and Competitive Position

Operating within the global energy and steel markets, Arch Resources faces challenges such as fluctuating coal prices, evolving environmental regulations, and competition from renewable energy sources. Despite these hurdles, the company has carved out a competitive edge through its focus on high-quality metallurgical coal, efficient mining operations, and strategic investments in advanced technologies. Arch Resources also benefits from its robust capital return program, which emphasizes share buybacks and dividends, enhancing shareholder value.

Commitment to Sustainability

Arch Resources is a recognized leader in sustainability within the coal industry. The company has received numerous awards for mine safety and environmental excellence, reflecting its dedication to minimizing its environmental footprint. Arch Resources actively invests in reclamation projects and innovative technologies to ensure responsible mining practices, aligning with growing Environmental, Social, and Governance (ESG) expectations.

Strategic Developments

In a significant strategic move, Arch Resources recently announced a merger with CONSOL Energy to form Core Natural Resources, a premier North American natural resource company. This merger aims to create a diversified portfolio of metallurgical and thermal coal assets, enhance operational efficiencies, and expand market reach. The combined entity will benefit from a strong balance sheet, extensive logistics capabilities, and a shared commitment to sustainability and operational excellence.

Conclusion

Arch Resources Inc. plays a pivotal role in the global steel supply chain by providing high-quality metallurgical coal. With its focus on operational efficiency, sustainability, and shareholder value, the company is well-positioned to navigate the complexities of the energy and steel markets. Its strategic initiatives, including the merger with CONSOL Energy, underscore its commitment to long-term growth and market leadership.

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Arch Resources, Inc. announces Richard A. Navarre as the new board chair at the 2024 annual meeting in May, succeeding John W. Eaves. James N. Chapman also retires, and John Drexler is elected as president and board member.
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Arch Resources, Inc. reported net income of $114.9 million and adjusted EBITDA of $180.0 million in Q4 2023. Declared a quarterly cash dividend of $31.6 million, or $1.65 per share. Made progress on strategic objectives, enhanced capital return program, and achieved Level A verification at the Leer mine under the TSM framework.
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Arch Resources, Inc. (NYSE: ARCH) will discuss its fourth quarter and full year 2023 financial results in an investor conference call on Thursday, February 15, 2024 at 10:00 a.m. Eastern time. The company's earnings release will be distributed via PR Newswire before the market opens on February 15 and will be posted to the company's website at that time. Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry, operating large, modern, and highly efficient mines known for industry-leading safety and environmental standards.
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Arch Resources, Inc. achieves Level A verification for all protocols under the Towards Sustainable Mining initiative at the Leer mine, demonstrating a deep commitment to sustainability and setting the standard for responsible mining. The company plans to pursue TSM verification at its other metallurgical mines in 2024, aiming to strengthen its position as a supplier of choice to the global steel industry.
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Arch Resources reports net income of $73.7 million and adjusted EBITDA of $126.3 million in Q3 2023. The company increases share repurchases in capital allocation formula and declares a quarterly cash dividend of $21.6 million.
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Arch Resources expects coking coal sales volumes for Q3 2023 to be in line with Q2 2023 due to mining challenges at its Leer South mine. Full year 2023 coking coal sales volume guidance revised to 8.6-8.9 million tons. Average metallurgical cash cost guidance revised to $88-$91 per ton. Preliminary Q3 2023 adjusted EBITDA expected to be 10% lower than Q2 2023. Discretionary cash flow for Q3 2023 estimated to be over half of $150.7 million achieved in Q2 2023. Third quarter financial results to be announced on October 26.
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Arch Resources, Inc. (NYSE: ARCH) reported net income of $77.4 million and adjusted EBITDA of $130.4 million in Q2 2023. The company also declared a quarterly cash dividend of $75.4 million, or $3.97 per share, and invested $73.5 million to repurchase 623,304 shares. The operational update reveals significant progress in the core metallurgical segment and the legacy thermal segment, while the financial and liquidity update shows a reduction in indebtedness and a net positive cash position of $97.4 million.
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Arch Resources, Inc. (NYSE: ARCH) announces the election of Pamela R. Butcher to its board of directors, bringing nearly 40 years of international leadership experience in the chemical sector. Butcher's appointment is expected to strengthen Arch's strategic direction and value-driven approach, leveraging her extensive industry expertise.
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Arch Resources, Inc. (NYSE: ARCH) will discuss its second quarter 2023 financial results in an investor conference call on July 27, 2023, at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 877-870-4263. The company's second quarter 2023 earnings release will be distributed via PR Newswire before the market opens on July 27. Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry.
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FAQ

What is the current stock price of Arch Resources (ARCH)?

The current stock price of Arch Resources (ARCH) is $134.81 as of January 14, 2025.

What is the market cap of Arch Resources (ARCH)?

The market cap of Arch Resources (ARCH) is approximately 2.4B.

What does Arch Resources Inc. do?

Arch Resources Inc. is a leading producer of high-quality metallurgical coal used in steelmaking. The company also produces thermal coal for power generation.

How does Arch Resources generate revenue?

Arch Resources generates revenue through the mining, production, and sale of metallurgical and thermal coal to domestic and international customers.

What industries does Arch Resources serve?

Arch Resources primarily serves the global steel industry by supplying metallurgical coal, and the energy sector through its thermal coal products.

What is Arch Resources' approach to sustainability?

Arch Resources is committed to sustainability, focusing on mine safety, environmental stewardship, and innovative reclamation practices to minimize its environmental impact.

What is the significance of Arch Resources' merger with CONSOL Energy?

The merger with CONSOL Energy will form Core Natural Resources, a diversified natural resource company with enhanced operational efficiencies and market reach.

What sets Arch Resources apart from its competitors?

Arch Resources differentiates itself through its focus on high-quality metallurgical coal, efficient mining operations, sustainability leadership, and a robust capital return program.

What role does Arch Resources play in the global steel industry?

Arch Resources is a critical supplier of metallurgical coal, a key raw material for steel production, supporting the global steel supply chain.

How does Arch Resources return value to shareholders?

Arch Resources emphasizes shareholder returns through dividends and share buybacks, deploying 100% of its discretionary cash flow toward capital return programs.

What are Arch Resources' key markets?

Arch Resources serves both domestic and international markets, with a strong presence in North America, Asia, and Europe.

How does Arch Resources address environmental concerns?

Arch Resources invests in advanced technologies and reclamation projects, maintaining exemplary environmental performance and aligning with ESG principles.
Arch Resources Inc

NYSE:ARCH

ARCH Rankings

ARCH Stock Data

2.44B
17.53M
3.05%
99.34%
9.48%
Coking Coal
Bituminous Coal & Lignite Surface Mining
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United States
ST LOUIS