
Earnings Season!
Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.

Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.

Warrior has the arguably the best met assets in the USA. They have the lowest cost per ton and the most favorable (cheapest) transportation

Arch is the leading producer of High-Vol A metallurgical coal globally. They operate four met mines, two large scale longwall operations.

As the earnings call is just getting started, I just wanted to share I high conviction thought with you:

Earnings is tough to trade. It’s like betting against the spread in NFL or NCAA Football games, and Vegas is very smart and typically spot on.

Pittsburgh-based United States Steel reports a fourth-quarter 2023 net loss of $80 M, which contrasts with Q4 2022 net earnings of $174 M

Vertically integrated steel giant Cleveland-Cliffs capped off a strong 2023 with solid Q4 results and optimistic forecasts for the year ahead

Alliance Resource Partners (ARLP) capped off a strong 2023 with record revenues and net income, driven by its well-contracted coal order book

Alpha reported net income of $6.65 per share, surpassing analysts’ estimates but that’s mainly due to the buybacks making less shares.

Earnings schedule: Warrior earnings later today following the market close at 4:30 pm ET. Alpha earnings tomorrow morning, before the bell.

Corsa Coal Corp. reported adjusted EBITDA of $6.1 million, total revenue of $51.1 million, and EPS of $0.18 per diluted share.

CONSOL Energy Inc. reported its financial results for the period ending September 30, 2023.