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Coal Markets - Outlook & Featured Articles
The following articles include coal company deep dives, quarterly outlooks, production updates, earnings analysis, and more.
Featured Updates
US Met Coal Margin Comparisons
US metallurgical producers comparison of costs and profit margins to get a sense of their inherent competitive advantages.
Q&A on Coronado
What do you think about Coronado Global Resources Inc?
US Coal Outlook
July’s high summer temperatures and heatwaves in many parts of the country led to increased thermal coal burn.
Thoughts on US Steel & Cleveland Cliffs News
The news dropped Sunday night that Cleveland Cliffs (CLF) has offered a cash and stock bid worth $7.3B for US Steel (X).
Corsa Coal Wins Damages from PennDOT
After accounting for contingent legal fees, Corsa anticipates receiving net proceeds of $23.3 million from PennDot.
Warrior Debt Tender Offer – Quick Thoughts
After the close today, Warrior Met announced a tender offer for its 7.875% senior secure notes due in 2028:
Jittery LNG & Natural Gas Markets
European natural gas prices experienced the largest jump since March of the previous year due to concerns over potential supply disruptions.
Alpha vs Warrior (& AMR’s outlook)
The market had a positive reaction to Alpha’s earnings, up 8% on the day in sharp contract to Warrior’s earnings reaction, which was down 11%.
Peabody Post-Earnings Thoughts
I’m starting to change my outlook on BTU from bad to better.