Company Profile For Arch Coal, Inc.

Arch Coal, Inc. (ACI.N) (New York Stock Exchange)

sector: Energy · industry: Coal ·

As of 10:00pm IST

21.69USD

Price Change

+0.18

Percent Change

+0.84%

Analyst Recommendations

Overview

Arch Coal, Inc. is a coal producer in the United States. The Company has three business segments: the Powder River Basin, the Western Bituminous region and the Central Appalachia region. During the year ended December 31, 2008, the Company operated 20 active mines located in each of the low-sulfur coal-producing regions of the United States. Arch Coal, Inc. sells substantially all of its coal to power plants, steel mills and industrial facilities. During 2008, the Company sold approximately 139.6 million tons of coal, including approximately 6.1 million tons of coal it purchased from third parties, fueling approximately 6% of all electricity generated in the United States.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Arch Coal, Inc.'s revenues decreased 18% to $1.85B. Net income decreased 86% to $40.6M. Revenues reflect decreased coal sales due to lower sales volumes of metallurgical coal sales. Net income also reflects lower change in fair value of coal derivatives & coal trading activities, the presence of costs related to acquisition of Jacobs Ranch and increased interest expenses.