ST. LOUIS, Feb. 19, 2013 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) today announced that its Senior Vice President and Chief Financial Officer, John T. Drexler, will speak at the BMO Capital Markets 2013 Global Metals and Mining Conference in Hollywood, Fla. on Tuesday, Feb. 26, 2013.(Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO [...]
ST. LOUIS, Feb. 14, 2013 /PRNewswire/ -- The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly cash dividend of $0.03 per share on the company's common stock. The dividend is payable March 15, 2013 to shareholders of record on March 1, 2013.(Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO)U.S.-based [...]
Despite a steep drop in domestic demand the outlook for the coal industry remains positive as foreign demand continues to grow. The U.S. Energy Information Administration (EIA) recently reported that China coal consumption is nearly equal to the rest of the world combined. Research Driven Investing examines investing opportunities in the Coal [...]
ST. LOUIS, Feb. 5, 2013 /PRNewswire/ --Earnings HighlightsQuarter EndedYear EndedIn $ millions, except per share data12/31/1212/31/1112/31/1212/31/11Revenues$968.2$1,228.8$4,159.0$4,285.9Income (Loss) from Operations(282.6)139.7(681.6)413.6Net Income (Loss) 1(295.4)70.9(684.0)141.7Diluted EPS (LPS)(1.39)0.33(3.24)0.74Adjusted Net Income (Loss) 1 [...]
After a challenging 2012, the outlook for the coal industry has improved in 2013. Last year turned out to be a tough one for this industry, especially in the U.S. Our commodities research team has initiated this year's first wave of technical analysis on two companies in this industry, namely Peabody Energy Corporation (NYSE: BTU) and Arch Coal [...]
ST. LOUIS, Jan. 15, 2013 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) will discuss its fourth quarter and full year 2012 financial results in a conference call that will be webcast live on Tuesday, Feb. 5 at 11 a.m. Eastern time. Participating on the call will be Arch's President and Chief Executive Officer John W. Eaves, Executive Vice [...]
fter a dismal 2012, the Coal Industry looks to be on the upswing as a recent report from the International Energy Agency predicts global coal demand over the next five years to grow at an average of 2.6 percent a year. The Market Vectors-Coal ETF (KOL) has gained nearly 7 percent over the last month. The Paragon Report examines investing [...]
ST. LOUIS, Jan. 8, 2013 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) today announced that Russ Lorince has joined Arch Coal as vice president of external affairs for the company's eastern region, effective Jan. 7.(Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO)Lorince will help lead the company's efforts across a wide range of external [...]
The coal mining industry has experienced major struggles in 2012 as warm temperatures and the emergence of natural gas as a cheaper alternative have caused demand for the commodity to plummet. The Market Vectors-Coal ETF (KOL) has fallen 25 percent year-to-date. The Paragon Report examines investing opportunities in the Coal Industry and provides [...]
ST. LOUIS, Nov. 26, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) today announced that its President and Chief Executive Officer, John W. Eaves, will speak at the Jefferies 2012 Global Energy Conference in Houston on Wednesday, Nov. 28, 2012.(Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) The presentation will be webcast live at [...]
ST. LOUIS, Nov. 21, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today closed on its previously announced $375 million senior unsecured notes and $250 million incremental secured term loan. Under the terms of the credit agreement, the $250 million incremental term loan will reduce the size of Arch's revolving credit facility to $350 [...]
ST. LOUIS, Nov. 14, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) today announced the pricing of $375 million aggregate principal amount of its 9.875% senior notes due 2019 at an issue price of 95.934% of principal amount, resulting in a yield to maturity of 10.75%. Due to strong investor demand, the offering was upsized to $375 [...]