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WISCONSIN — If your idea of summer fun is whipping down a waterslide, cruising down a lazy river or anything in between, then good news – you’ve come to the
U.S. coal production in the first quarter of 2021 continued the industry’s recovery from a significant drop the previous year, but the sector’s employment levels are still suffering as the U.S. moves away from coal and embraces lower emission options. While coal production during the first quarter of this year remained 6.0% below levels seen ...
Advertisement Arch Resources, Inc. has reported a net loss of USUS$6 million, or USUS$0.40 per diluted share, in 1Q21, compared with a net loss of USUS$25.3 million, or USUS$1.67 per diluted share, in the prior-year period. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortisation, accretion on asset retirement obligations (ARO), and non-operating expenses (adjusted EBITDA) of USUS$30.9 million in 1Q21, which included a USUS$0.5 million non-cash mark-to-market loss associated with the company's coal-hedging activities. This compares to USUS$12.9 million of adjus...
Arch Resources Inc (ARCH) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Arch Resources Inc (NYSE: ARCH) Popular Searches Operator Good day, everyone. Welcome to the Arch Resources, Inc. First Quarter 2021 Earnings Conference Call. Today's conference is being recorded. And I would now like to turn the call over to Deck Slone, Senior Vice President of Strategy. Please go ahead.SPONSORED: 10 stocks we like better than Arch Coal When investing geniuses David and Tom Gardner have a stock tip, it can pay to...
The Pueblo Chieftain Let me be clear. I stand in strong support of the Pueblo community and the bright future that I believe you are on track for. It is highly unlikely, however, that attempting to burn coal at Pueblo Unit 3 (a.k.a. “Comanche 3”) for another 19 years will be a successful strategy. In short, the US coal industry is in structural decline and Xcel or anyone else who suggests that coal will just “fall out of the sky” until 2040 is not paying attention. Knowledge is power. Facts matter. Here are a few facts to consider. First of all, there is no indication that the Comanch...