Seaborne Thermal Coal Prices Tumble
October 31, 2023
European natural gas inventories are basically 99% full ahead of the mandated filling target of 90% capacity by November 1.
Author: The Coal Trader
Coal News & Price Data – October 31, 2023 – CONSOL Earnings Miss
October 31, 2023
CONSOL Energy Inc. reported its financial results for the period ending September 30, 2023.
Coal News & Price Data – October 30, 2023 – Whitehaven’s Acquisition to Increase Earnings 93%
October 30, 2023
Whitehaven Coal’s acquisition of two coking coal mines from BHP is expected to boost earnings per share by 93% by 2025
Arch Post-Earnings Thoughts
October 29, 2023
Arch reported net income of $3.91 per diluted share, meeting analysts’ estimates but down from $8.68 in the same period last year.
Peabody Post-Earnings Thoughts
October 27, 2023
After Peabody released earnings on Thursday morning, the market sold the stock off heavy and there wasn’t a good reason why.
Coal News & Price Data – October 27, 2023 – Met Coal Weekly Summary
October 27, 2023
Australian metallurgical coal prices have seen a small rally, influenced by factors like supply tightness and market tactics.
Coal News & Price Data – October 26, 2023 – Arch & Peabody Earnings
October 26, 2023
ARCH Resources & Peabody Energy reported Q3 earnings this morning. Earnings calls will take place at 10 and 10:30 am.
Tomorrows Earnings Predictions
October 25, 2023
We kick it off tomorrow (Thursday morning) with Arch at 10 am and Peabody at 11 am.
Coal News & Price Data – October 25, 2023 – Teck Reports Lots of Problems
October 25, 2023
Teck raised the cost estimate for its Quebrada Blanca 2 copper project due to further construction delays.
The PRB & US Power Plant Retirements
October 25, 2023
I’ve been hearing about US power plant retirements in the pipeline and although I knew it would hit the Powder River Basin (PRB) the hardest.
Coal News & Price Data – October 24, 2023 – Earnings Season on Deck
October 24, 2023
North American coal companies are kicking off Q3 earnings season, with Teck reporting this morning, followed by Arch, Peabody and Alliance.
Coal News & Price Data – October 23, 2023 – South32 Met Production Falls 18%
October 23, 2023
Australian mining company South32 experienced an unexpected 18% decline in first-quarter metallurgical coal production.