Warrior Met Earnings on Deck
HCC is set to release earnings tomorrow (Aug. 2) after the bell.
Coal
Coal News & Price Data – July 26, 2023 – Expect Lower Earnings for Coal Producers
Most US coal companies are expected to report lower second-quarter earnings compared to the same period last year and the previous quarter due to lower coal prices.
Annual Met Contract Pricing Discussion
I had lunch with a met producer sales guy yesterday and while discussing the upcoming domestic sales negotiating season, he mentioned that met buyers (North American end-users) seemingly “have all the power.”
Coal News & Price Data – July 25, 2023 – Met Coal Price Update
Australian metallurgical coal prices were stable, while CFR China strengthened on higher domestic & increased interest in prompt cargoes.
Coal News & Price Data – July 24, 2023 – Daunia & Blackwater Bidders seek Japanese Trading House Help
Bidders in the auction for BHP’s Blackwater and Daunia, are vying to attract five Japanese commodities houses to join their ranks.
Q2 2023 MSHA Update
With most of the Q2 2023 MSHA coal production numbers in, I think its time to look under the hood and see what’s going on.
Something to Chew on for Earnings Season
Herewith a few points really quick to give you something to chew on in preparation for earnings season in regards to METC, ARCH & BTU.
Coal News & Price Data – July 17, 2023 – Met Coal Q2 Review
Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.
Coal News & Price Data – July 14, 2023 – China’s New Coal Fired Power Pipeline
China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.