Arch scales back thermal coal production
February 23, 2024
Major U.S. coal producer Arch Resources has significantly scaled back production at its mines in Wyoming in response to weakening demand
Tag: PRB
Arch Considers Sale of Wyoming Coal Mines
February 19, 2024
Arch disclosed this week that it’s considering “strategic alternatives” with its thermal coal assets, including the “potential divestiture”
PRB Coal Slips in 2023, Expected to Resume Long-Term Decline
February 19, 2024
Powder River Basin coal mines entered 2024 back on a downhill slope, as the long-term trajectory of industry resumed its decline…
BNSF Coal Train Derails in Nebraska
February 12, 2024
Three locomotives and 57 cars of a BNSF coal train derailed early this morning (Friday, Feb. 9) near Cairo, News Channel Nebraska reports.
Peabody Q4 2023: Missed Analyst Estimates, Lower Earnings, But Strong Guidance for 2024
February 8, 2024
Peabody Energy reported mixed results for Q4 2023, missing analyst expectations for both net income and revenues.
Black Hills Energy is the second utility in Wyoming to impose a ‘carbon capture compliance’ surcharge
January 31, 2024
State regulators this month approved a $1.1 million annual “low-carbon” surcharge for Black Hills Energy’s Wyoming customers
Arch Resources Looks to Repurpose Coal Facilities Ahead of Mine Closures
January 25, 2024
In Wyoming, a trivial zoning change approved by Campbell County this month could open the door to a new economic development strategy
Renewables on Pace to Pass Coal. What Will It Mean For Wyoming?
January 4, 2024
A new report shows that in the US this year renewable electricity will surpass electric power generation from coal
Ramaco CEO Says Wyoming Deposit Include Gallium & Germanium
December 7, 2023
Ramaco Resources Inc. said it found two more rare minerals, adding to its discovery of one of the largest deposits of REEs in the US.
Powder River Basin coal numbers improve, stay on pace to decline
November 2, 2023
The latest coal reports show improvement for Powder River Basin mines when compared to the first half of the year
Arch Post-Earnings Thoughts
October 29, 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.
Peabody Post-Earnings Thoughts
October 27, 2023
After Peabody released earnings on Thursday morning, the market sold the stock off heavy and there wasn’t a good reason why.