ARCH shares shrug off dismal Q3 production and shrinking met margins
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A rundown of today’s price action and an updated view on re-entry levels…
A rundown of recent coal stock price performances and setups heading into next week…
A quick rundown of global metallurgical coal markets heading into Q4…
A quick rundown on today’s continued rip in coal stocks and actions I took…
A quick rundown of the post-China stimulus rip in coal stocks, and how to think about positioning using some advice from our Substack and Twitter friend Le Shrub…
First up for the US coal boys on Q2 earnings is ARCH -0.85%↓ who reports tomorrow (7/25/24) and will likely set the tone that the rest of the industry will have to meet or improve upon…
After being unable to export coal with the Port of Baltimore’s main channel blocked in the wake of the Francis Scott Key Bridge disaster, the CSX railroad said its terminal here has resumed coal shipments and expects to be back to normal early next week…
The company experienced a decrease in net income and adjusted EBITDA compared to the same period last year, with revenues also showing a decline.
Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.
This seasonal pullback in PLV Futures has not caused such a bad commensurate pullback in met coal stocks.