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United States

Arch Coal Inc (ARCH.N)

ARCH.N on New York Stock Exchange

100.29USD
20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Arch Coal Q4 Earnings Per Share $3.64
Tuesday, 13 Feb 2018 06:30am EST 

Feb 13 (Reuters) - Arch Coal Inc ::ARCH COAL, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $3.64.Q4 REVENUE $560.2 MILLION.ANNOUNCES INCREASE IN QUARTERLY DIVIDEND TO $0.40 PER SHARE.ARCH EXPECTS TO SELL BETWEEN 86 MILLION AND 92 MILLION TONS OF THERMAL COAL IN 2018.ARCH COAL - BOARD APPROVED INCREASE IN QUARTERLY DIVIDEND TO $0.40 PER SHARE FROM $0.35 PER SHARE.ARCH COAL - CURRENTLY ANTICIPATES THAT 2018 CASH COST PER TON SOLD IN METALLURGICAL AND POWDER RIVER BASIN SEGMENTS WILL BE SIMILAR TO 2017 LEVELS.TAX CUTS AND JOBS ACT RESULTED IN A TAX BENEFIT OF $35 MILLION IN Q4.SEES 2018 CAPITAL EXPENDITURES OF $80 MILLION TO $90 MILLION.SEES 2018 TOTAL SALES OF BETWEEN 92 MILLION AND 99 MILLION TONS.QTRLY ADJUSTED EARNINGS PER SHARE $4.12.Q4 REVENUE VIEW $578.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Arch Coal Announces Stock Repurchase Agreement With Monarch Alternative Capital
Monday, 11 Dec 2017 06:30am EST 

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 06:30am EDT 

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

Arch Coal announces stock repurchase agreement with Monarch Alternative Capital
Wednesday, 13 Sep 2017 09:32pm EDT 

Sept 13 (Reuters) - Arch Coal Inc -:Arch Coal, Inc. announces stock repurchase agreement with Monarch Alternative Capital.Has agreed to repurchase from Monarch 750,000 shares of Arch's common stock at a purchase price of $74.33 per share.Intends to fund repurchase with cash on hand.Aggregate consideration of approximately $55.7 million.Says following closing of transaction, Monarch will own approximately 2.6 million shares of Arch's common stock.  Full Article

Arch Coal Q2 adjusted earnings per share $1.85 excluding items
Thursday, 27 Jul 2017 06:30am EDT 

July 27 (Reuters) - Arch Coal Inc :Arch Coal Inc reports second quarter 2017 results.Q2 adjusted earnings per share $1.85 excluding items.Q2 earnings per share $1.48.Q2 earnings per share view $2.44 -- Thomson Reuters I/B/E/S.Q2 revenue $549.9 million versus I/B/E/S view $595.2 million.Extreme volatility in global metallurgical markets delayed timing of Q2 spot sales.Arch Coal Inc says raised coking coal volume guidance for 2017. Now expects to sell between 6.9 million tons and 7.1 million tons of coking coal in 2017.Arch Coal says currently expecting to deliver strong operational results in year's second half.Arch Coal says there was limited spot buying activity in seaborne metallurgical markets during much of quarter.Arch Coal-at start of Q2, coking coal prices increased dramatically to nearly $300 per metric ton following cyclone-driven rail closures in queensland.Arch Coal-very few tons of coking coal were sold at peak levels as buyers headed to sidelines; prices retraced back to pre-cyclone levels by mid-june.Arch Coal says imports into china are up strongly year to date and it appears buyers have returned to market.Arch Coal says counterbalancing positive demand global coking coal supply increasing in response to stronger pricing - led by U.S. and Mozambique.Arch Coal on thermal coal markets: globally, fundamentals for moving U.S. coal into seaborne thermal markets have remained positive.  Full Article

Arch Coal posts Q1 adjusted earnings per share $2.55
Tuesday, 2 May 2017 06:30am EDT 

May 2 (Reuters) - Arch Coal Inc :Arch Coal Inc reports first quarter 2017 results.Q1 adjusted earnings per share $2.55 excluding items.Q1 earnings per share $2.03.Q1 revenue $600.9 million versus I/B/E/S view $592.7 million.Q1 earnings per share view $2.19 -- Thomson Reuters I/B/E/S.Arch Coal Inc - announces capital redeployment plan.Arch Coal Inc - board has instituted a quarterly cash dividend of $0.35 per share.Arch Coal - board approved establishment of share repurchase program that authorizes co to purchase up to $300 million of company's outstanding stock.Arch Coal Inc- raised its coking coal volume guidance for 2017.Arch Coal Inc - expects to fund future share repurchases with cash on hand and cash generated from operations.Arch Coal Inc- for 2017 now expects to sell between 6.7 and 7.1 million tons of coking coal, which excludes PCI coal.Arch Coal Inc - at end of Q1, Arch's debt level totaled $334 million, comprised of $300 million term loan and $34 million in equipment financing and other debt.Q1 earnings per share view $2.19, revenue view $592.7 million -- Thomson Reuters I/B/E/S.Arch Coal Inc - "international thermal pricing for prompt delivery in asia-pacific region remains reasonably strong".Arch Coal - on April 27, entered into inventory-only asset based lending facility and amended its existing accounts receivable securitization facility.  Full Article

Arch Coal Q4 earnings per share $1.31
Wednesday, 8 Feb 2017 06:30am EST 

Arch Coal Inc : Arch Coal, Inc reports fourth quarter 2016 results . Q4 earnings per share $1.31 . Q4 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Q4 revenue $575.7 million versus i/b/e/s view $547.7 million . Says has established sales targets for 2017 of between 7.2 million and 7.8 million tons of metallurgical coal . Arch Coal Inc sees 2017 sales volume 95.2 - 103.8 million tons . Arch Coal Inc sees fy capital expenditures $52 million - $60 million . Arch Coal Inc - in 2017, expect metallurgical prices to remain well above levels that prevailed during first half of 2016 . Arch coal - looking ahead, expects market to address undersupplied conditions of 2016, with new supply coming online in response to stronger price signals .Arch coal - "projecting additional strengthening in seaborne market, with sizeable increases in demand for high-quality, imported coking coal in India".  Full Article

Arch Coal expects to produce 7 to 7.5 mln tons of metallurgical coal in 2017
Wednesday, 30 Nov 2016 06:47am EST 

Arch Coal Inc : Expects to produce 7 to 7.5 million tons of metallurgical coal in 2017 - SEC filing . Recovery in U.S. met demand and modest seaborne growth is anticipated over next 5 years . Expects stockpiles at U.S. power generators to decline 25 million tons, or 17 days of supply during 2016 ."With normal weather and given the current natural gas strip, we believe stockpiles could reach target levels by year -end 2017".  Full Article

Arch coal files form 10-Q
Wednesday, 9 Nov 2016 06:30am EST 

Arch Coal Inc : Arch Coal Inc Files form 10-q . Has filed its q3 10-Q with securities and exchange commission .Plans to issue an earnings release covering time period following emergence in early 2017.  Full Article

Arch Coal successfully completes financial restructuring, emerges from chapter 11
Wednesday, 5 Oct 2016 08:42am EDT 

Arch Coal Inc : Equity to trade on NYSE under symbol Arch . Arch is emerging with more than $300 million of cash on its balance sheet and a debt level of just $363 million . Cash requirements are expected to be modest, with projected capital spending of $55 million in 2017 . Co's projection of 2017 debt service is of approximately $33 million . Arch coal successfully completes financial restructuring and emerges from chapter 11 . Company has third-party surety bonds in place covering 100% of its reclamation bonding requirements .Company's total debt is 7% of what it was prior to restructuring.  Full Article

BRIEF-Arch Coal Q4 Earnings Per Share $3.64

* ARCH COAL, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS