
Whitehaven Coal Profits Plummet But Transformation to Met Coal Giant Takes Shape
Whitehaven Coal’s net profit after tax nosedived 86% year-on-year to A$257.6 million (US$166.8 million) in the first half of FY 2024

Whitehaven Coal’s net profit after tax nosedived 86% year-on-year to A$257.6 million (US$166.8 million) in the first half of FY 2024

South32’s Illawarra Metallurgical Coal (IMC) division faced a challenging second half of 2023, with pre-tax earnings plummeting 67% YoY

Arch Resources generated strong results in Q4, fueled by a robust metallurgical segment and improved thermal performance.

Anglo American’s Queensland metallurgical (met) coal production reached 16.0 million tonnes (mt) in 2023,

Peabody Energy reported mixed results for Q4 2023, missing analyst expectations for both net income and revenues.

CONSOL Energy (CEIX) reported mixed results for Q4 2023, with net income declining but total revenue and other income increasing.

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.

Global commodities giant Glencore saw its coal production rise 3% in 2023 to 113.6 million tonnes (mt), exceeding 2022 levels

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

Norfolk Southern Corporation (NSC) reported financial results for Q4 and full year 2023, revealing a mixed bag but coal volumes held steady

Railroad operator CSX Corp reported a 13% drop in fourth-quarter profit on Wednesday, weighed down by dip in revenues from fuel surcharge

Stanmore Resources reported steady saleable coal production of 3.4 million metric tons (mt) in October-December,