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.
Warrior Met Coal reported solid financial results for Q4 2023, exceeding analyst expectations and building on the previous year’s performance
Ramaco Resources unveiled positive operational & financial updates today, highlighting a successful 2023 and an optimistic outlook for 2024.
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
Alliance Resource Partners (ARLP) capped off a strong 2023 with record revenues and net income, driven by its well-contracted coal order book