Q2 Earnings Preview – ARCH
July 24, 2024
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…
Category: ARCH
Coal News & Price Data – May 26, 2024 – CSX Resumes Coal Shipments from Baltimore After Key Bridge Disaster
May 26, 2024
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…
Arch Resources, Inc. First Quarter 2024 Earnings Release Summary
April 25, 2024
The company experienced a decrease in net income and adjusted EBITDA compared to the same period last year, with revenues also showing a decline.
Earnings Season!
April 24, 2024
Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.
Met Stocks are Re-rating
April 16, 2024
This seasonal pullback in PLV Futures has not caused such a bad commensurate pullback in met coal stocks.
Coal News & Price Data – April 11, 2024 – Analysts Issue More Upgrades & Downgrades
April 11, 2024
Citi has raised its rating on April 11 for Warrior Met Coal to ‘Buy’ from ‘Neutral’ and increased the target price to $75
Technical Analysis Update
April 5, 2024
Herewith the monthly technical analysis update along with some quick commentary on each coal producer.
Baltimore to partially reopen by end of April
April 5, 2024
The Port of Baltimore will be partially reopened to a depth of 35ft by the end of April and will fully reopen by the end of May
Norfolk Southern begins detour moves of coal that normally moves through Port of Baltimore
April 5, 2024
The first train was delivered today to the railroad’s Lambert’s Point terminal in Norfolk, Va., as Norfolk Southern works on alternate ports.
‘Weeks, months’ to reopen Baltimore waterway
March 30, 2024
It could take weeks or even months to clear debris and reopen the waterway under the collapsed Francis Scott Key Bridge in Baltimore
Coal News & Price Data – March 27, 2024 – Bridge Collapse Implications
March 27, 2024
A vessel collision caused the Frances Scott Key bridge in Baltimore to collapse, suspending navigation in Baltimore Harbor.
Baltimore bridge collapse forces freight changes
March 26, 2024
Vessel traffic in an out of the Port of Baltimore, Maryland, has been suspended indefinitely in the wake of a container ship collision