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Arch Coal Inc (ARCH.N)

ARCH.N on New York Stock Exchange

89.54USD
16 Jul 2019
Change (% chg)

$0.89 (+1.00%)
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$88.65
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Volume
41,553
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52,107
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$101.00
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$75.61

Latest Key Developments (Source: Significant Developments)

Peabody Says Obligation To Consummate Arch Coal Deal Conditioned Upon Co Refinancing Outstanding Indebtedness Under Some Credit Facilities
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Arch Coal Inc ::PEABODY - OBLIGATION TO CONSUMMATE ARCH COAL DEAL IS CONDITIONED UPON PEABODY REFINANCING OUTSTANDING INDEBTEDNESS UNDER SOME CREDIT FACILITIES.PEABODY - IF CLOSING OF DEAL HAS NOT OCCURRED ON OR PRIOR TO JUNE 18, 2020, TERMINATION FEE OF $40 MILLION WILL HAVE TO BE PAID BY TERMINATING PARTY.  Full Article

Arch Coal Reports Q1 Earnings Per Share Of $3.91
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Arch Coal Inc ::ARCH COAL INC REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE $3.91.Q1 REVENUE $555.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $540.3 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $2.18 -- REFINITIV IBES DATA.ANNOUNCES BOARD AUTHORIZATION FOR AN ADDITIONAL $300 MILLION IN SHARE BUYBACKS.BOARD AUTHORIZED AN ADDITIONAL $300 MILLION OF EXPENDITURES FOR SHARE BUYBACKS.BOARD APPROVAL OF NEXT QUARTERLY CASH DIVIDEND PAYMENT OF $0.45 PER COMMON SHARE.IN METALLURGICAL SEGMENT, Q2 COKING COAL SALES VOLUMES ARE LIKELY TO BE ROUGHLY 10 PERCENT HIGHER THAN THOSE EXPERIENCED IN Q1.EXPECTS FLOOD-RELATED RAIL DISRUPTIONS TO PERSIST FOR MOST OF Q2 IN THE POWDER RIVER BASIN.EXPECTS Q2 POWDER RIVER BASIN VOLUMES TO COME IN BELOW FIRST-QUARTER LEVELS, WHICH WILL ALSO PRESSURE OPERATING COSTS.QTRLY METALLURGICAL COAL SOLD 1.8 MILLION TONS VERSUS 1.8 MILLION TONS LAST YEAR.ARCH COAL - IN OTHER THERMAL SEGMENT, SEES SIGNIFICANTLY IMPROVED RESULTS IN SUBSEQUENT QUARTERS, SEES 2019 CASH COST PER TON SOLD AT $29-$33 PER TON.SEES 2019 TOTAL SALES VOLUME 86.6 - 92.0 MILLION TONS.SEES 2019 CAPITAL EXPENDITURES $170.0 MILLION - $190.0 MILLION.  Full Article

Holly Keller Koeppel And Robert Brewster Hamill Elected To Arch Coal's Board Of Directors
Friday, 1 Mar 2019 

March 1 (Reuters) - Arch Coal Inc ::HOLLY KELLER KOEPPEL AND ROBERT BREWSTER HAMILL ELECTED TO ARCH COAL'S BOARD OF DIRECTORS.ARCH COAL INC - SCOTT VOGEL, WHO HAS BEEN AN ARCH DIRECTOR SINCE OCTOBER 2016, WILL NOT STAND FOR RE-ELECTION AT ANNUAL MEETING IN MAY.ARCH COAL - AFTER VOGEL DOES NOT STAND FOR RE-ELECTION AT ANNUAL MEETING, CO EXPECTS TO HAVE 8 DIRECTORS.  Full Article

Arch Coal Commences Development Work On A New Coking Coal Mine In Northern West Virginia
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Arch Coal Inc ::ARCH COAL COMMENCES DEVELOPMENT WORK ON A NEW, WORLD-CLASS COKING COAL MINE IN NORTHERN WEST VIRGINIA.ARCH COAL INC - WEST VIRGINIA MINE WILL PRODUCE AN ESTIMATED THREE MILLION TONS OF PREMIUM, HIGH-VOL A COKING COAL ANNUALLY FOR SALE.ARCH COAL INC - PLANS TO SELL OUTPUT FROM LEER SOUTH COMPLEX PRINCIPALLY INTO 300-MILLION-METRIC-TON-PER-YEAR SEABORNE COKING COAL MARKET.ARCH COAL INC - EXPECTS TO INVEST APPROXIMATELY $360 MILLION TO $390 MILLION OVER NEXT THREE YEARS TO DEVELOP MINE.ARCH COAL INC - EXPECT TO FUND 2019 EXPENDITURES FOR NEW DEVELOPMENT WITH INTERNALLY GENERATED CASH AND CASH ON HAND.ARCH COAL INC - EXPECT TO HAVE CAPABILITY TO CONTINUE SHARE BUYBACK PROGRAM AT SIMILAR LEVELS TO 2018 SHOULD CO OPT TO DO SO.ARCH COAL INC - MAY CONSIDER A VARIETY OF ALTERNATIVES AFTER 2019, INCLUDING DEBT FINANCING OR UTILIZATION OF EXISTING BORROWING CAPACITY.ARCH COAL INC - WILL BE TRANSITIONING ITS MOUNTAIN LAUREL OPERATION FROM LONGWALL TO ROOM-AND-PILLAR MINING AT BEGINNING OF 2020.ARCH COAL INC - FOLLOWING TRANSITION, MOUNTAIN LAUREL EXPECTS TO PRODUCE APPROXIMATELY 1.3 MILLION TONS OF HIGH-VOL B COKING COAL ANNUALLY..ARCH COAL INC - ARCH EXPECTS TO PRODUCE BETWEEN 6.6 AND 7.0 MILLION TONS OF COKING COAL IN 2019.ARCH COAL INC - ARCH EXPECTS TO MAINTAIN BETWEEN 6.6 AND 7.0 MILLION TONS OF COKING COAL PRODUCTION THROUGH 2021.ARCH COAL INC - IN 2022, ARCH'S TOTAL COKING COAL PRODUCTION IS EXPECTED TO APPROACH 9 MILLION TONS ANNUALLY.  Full Article

Arch Coal Reports Q4 Earnings Per Share $4.44
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Arch Coal Inc ::ARCH COAL, INC. REPORTS FOURTH QUARTER 2018 RESULTS.Q4 EARNINGS PER SHARE $4.44.Q4 REVENUE $651 MILLION VERSUS REFINITIV IBES ESTIMATE OF $566.9 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $3.40 -- REFINITIV IBES DATA.INCREASES RECURRING QUARTERLY DIVIDEND BY 12.5 PERCENT.QUARTERLY CASH DIVIDEND PAYMENT OF $0.45 PER SHARE.SEES 2019 CAPITAL EXPENDITURES $170.0 MILLION - $190.0 MILLION.SEES 2019 TOTAL SALES VOLUME 86.6 MILLION TONS - 92.0 MILLION TONS.DURING COURSE OF 2019, ARCH EXPECTS TO CONVERT TO CASH A SIGNIFICANT PERCENTAGE OF $52 MILLION TAX BENEFIT RECOGNIZED IN 2018.  Full Article

Monarch Alternative Capital Reports 8.29% Stake In Arch Coal Inc As Of Nov. 30
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Monarch Alternative Capital ::MONARCH ALTERNATIVE CAPITAL LP REPORTS A 8.29 PERCENT STAKE IN ARCH COAL INC AS OF NOV 30- SEC FILING.MONARCH ALTERNATIVE CAPITAL-ON NOV 30, MAC&PATRICK BARTELS, MEMBER OF ARCH COAL'S BOARD, MUTUALLY AGREED TO TERMINATION OF BARTELS’ EMPLOYMENT WITH MAC.MONARCH ALTERNATIVE CAPITAL - AS SUCH, MAC NO LONGER HAS AN EMPLOYEE WHO IS A MEMBER OF ARCH COAL'S BOARD.  Full Article

Arch Coal Reports Q3 Earnings Per Share $6.10
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Arch Coal Inc ::ARCH COAL, INC. REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $6.10.Q3 REVENUE $633.2 MILLION VERSUS I/B/E/S VIEW $557.2 MILLION.Q3 EARNINGS PER SHARE VIEW $3.09 -- THOMSON REUTERS I/B/E/S.GOING FORWARD, TARGETING MAINTAINING LIQUIDITY OF AROUND $400 MILLION.ARCH ANTICIPATES RELATIVELY FLAT COKING COAL SHIPMENTS IN Q4 RELATIVE TO Q3.ARCH COAL - ACCELERATION OF SHIPMENTS THAT DROVE VOLUMES IN 2ND AND 3RD QUARTERS IS EXPECTED TO RESULT IN SIGNIFICANT REDUCTION IN SHIPPED TONS IN Q4.ARCH COAL - SEES 2018 TOTAL SALES VOLUME 89.3 MILLION TONS - 93.7 MILLION TONS.  Full Article

Arch Coal Announces Stock Repurchase Agreement With Monarch Alternative Capital
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Arch Coal Inc ::ARCH COAL, INC. ANNOUNCES STOCK REPURCHASE AGREEMENT WITH MONARCH ALTERNATIVE CAPITAL.ARCH COAL INC - AGREED TO REPURCHASE FROM MONARCH 500,000 SHARES OF STOCK AT PURCHASE PRICE OF $83.03 PER SHARE.ARCH COAL INC - INTENDS TO FUND REPURCHASE WITH CASH ON HAND.  Full Article

Arch Coal Inc. Reports Q3 earnings per share $2.83
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Arch Coal Inc :Arch Coal, Inc. reports third quarter 2017 results.Q3 earnings per share $2.83.Q3 earnings per share view $1.82 -- Thomson Reuters I/B/E/S.Q3 revenue $613.5 million versus I/B/E/S view $550.4 million.Arch Coal Inc - ‍announces $200 million increase in share repurchase authorization​.Arch Coal Inc- ‍now expects to sell between 90 million tons and 96 million tons of thermal coal in 2017​.Arch Coal Inc - ‍now expects to sell between 6.6 million tons and 6.8 million tons of coking coal in 2017​.Arch Coal Inc - ‍Arch has lowered its coking coal sales volume guidance for 2017​.Arch Coal Inc - sees ‍2017 capital expenditures between $52 million to $58​ million.Arch Coal Inc - qtrly ‍adj earnings per share $2.54​.  Full Article