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Arch Coal Inc (ARCH.N)

ARCH.N on New York Stock Exchange

88.65USD
14 Jun 2019
Change (% chg)

$0.52 (+0.59%)
Prev Close
$88.13
Open
$87.80
Day's High
$89.80
Day's Low
$87.45
Volume
40,062
Avg. Vol
51,565
52-wk High
$101.00
52-wk Low
$75.09

Latest Key Developments (Source: Significant Developments)

Arch Coal Q2 Earnings Per Share $2.06
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Arch Coal Inc ::ARCH COAL, INC. REPORTS SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $2.06.Q2 REVENUE $592.3 MILLION VERSUS I/B/E/S VIEW $525.4 MILLION.Q2 EARNINGS PER SHARE VIEW $1.90 -- THOMSON REUTERS I/B/E/S.REITERATES 2018 SALES VOLUME AND COST GUIDANCE FOR ALL OPERATING SEGMENTS.BOOSTS SHARE REPURCHASE AUTHORIZATION BY $250 MILLION.ARCH COAL - "BELIEVE THAT OUR CURRENT CASH BALANCE REPRESENTS AMPLE AND APPROPRIATE LIQUIDITY THAT WILL MEET OUR NEEDS THROUGHOUT THE MARKET CYCLE".IN METALLURGICAL SEGMENT, QTRLY COKING COAL SALES VOLUMES INCREASED 13 PERCENT WHEN COMPARED WITH Q1 OF 2018.  Full Article

Arch Coal Q4 Earnings Per Share $3.64
Tuesday, 13 Feb 2018 

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 

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

Arch Coal announces stock repurchase agreement with Monarch Alternative Capital
Thursday, 14 Sep 2017 

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 

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