
Coal News & Price Data – October 31, 2023 – CONSOL Earnings Miss
CONSOL Energy Inc. reported its financial results for the period ending September 30, 2023.
CONSOL Energy Inc. reported its financial results for the period ending September 30, 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.
After Peabody released earnings on Thursday morning, the market sold the stock off heavy and there wasn’t a good reason why.
We kick it off tomorrow (Thursday morning) with Arch at 10 am and Peabody at 11 am.
BHP, the world’s largest mining company by market capitalization, reported a 37% drop in its underlying profits for the year ending in June
Demand for Asian thermal coal remains. Miners are offering limited spot cargo due to high production costs and royalties.
Glencore Plc has reported a 50% drop in first-half profit due to disappointing Chinese demand affecting commodity prices.
I’m starting to change my outlook on BTU from bad to better.
Earnings summaries for Alpha Metallurgical Resource (AMR) and Natural Resource Partners (NRP)
Things I got wrong… Erroneous items I failed to anticipate… Going forward and the investment thesis.
HCC is set to release earnings tomorrow (Aug. 2) after the bell.
ARLP reported a net income of $169.8 million, or $1.30 per unit in Q2 2023, up from $163.5 million and $1.23 per unit in Q2 2022.