Arch Resources, Inc. (ARCH)
Market Cap | 3.05B |
Revenue (ttm) | 3.23B |
Net Income (ttm) | 819.62M |
Shares Out | 18.37M |
EPS (ttm) | 40.85 |
PE Ratio | 4.06 |
Forward PE | 6.60 |
Dividend | $10.66 (6.42%) |
Ex-Dividend Date | Nov 29, 2023 |
Volume | 132,046 |
Open | 165.41 |
Previous Close | 166.67 |
Day's Range | 164.96 - 167.38 |
52-Week Range | 102.42 - 175.10 |
Beta | 0.70 |
Analysts | Strong Buy |
Price Target | 181.00 (+9.08%) |
Earnings Date | Feb 15, 2024 |
About ARCH
Arch Resources, Inc. produces and sells metallurgical products. As of December 31, 2022, the company operated seven active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 952 acres of coal land in Maryland; 10,095 acres of coal land in Virginia; 306,263 acres of coal land in West Virginia; 81,450 acres of coal land in Wyoming; 234,087 acres of coal land in Illinois; 33,047 acres of coal land in Kentucky; 362 acres of coal land in Montana; 248 acres of coal land in Pennsylvan... [Read more]
Financial Performance
In 2022, Arch Resources's revenue was $3.72 billion, an increase of 68.68% compared to the previous year's $2.21 billion. Earnings were $1.33 billion, an increase of 294.26%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ARCH stock is "Strong Buy." The 12-month stock price forecast is $181.0, which is an increase of 9.08% from the latest price.
News
Arch Resources Reports Third Quarter 2023 Results
Achieves net income of $73.7 million and adjusted EBITDA of $126.3 million Increases weighting of share repurchases in capital allocation formula Declares a quarterly cash dividend of $21.6 million, o...
Stocks Had a Great September. Coal Stocks, Anyway.
Shares of coal miners Alpha Metallurgical, Warrior Met Coal, Arch Resources, Consol Energy, and Peabody Energy logged double-digit-percentage gains in September.
Arch Resources Provides Update on Third Quarter 2023 Results, Revised Full Year 2023 Guidance, and Third Quarter 2023 Conference Call Details
ST. LOUIS , Oct. 2, 2023 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced that it now expects coking coal sales volumes for the third quarter of 2023 to remain generally in line with ...
Arch Resources Reports Second Quarter 2023 Results
Achieves net income of $77.4 million and adjusted EBITDA of $130.4 million Declares a quarterly cash dividend of $75.4 million, or $3.97 per share Invests $73.5 million to repurchase 623,304 shares ST...
Pamela R. Butcher Elected to Arch's Board of Directors
ST. LOUIS , July 24, 2023 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced that Pamela R. Butcher has been elected to its board of directors, effective as of July 21, 2023.
Arch Resources to Announce Second Quarter 2023 Results on July 27
ST. LOUIS, July 13, 2023 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) will discuss its second quarter 2023 financial results in an investor conference call on Thursday, July 27, 2023 at 10:00 a.m...
Arch Resources Publishes 2023 Sustainability Report
ST. LOUIS , July 6, 2023 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced the recent publication of its 2023 sustainability report, now available for download on the company's website...
Arch Resources Reports First Quarter 2023 Results
Achieves net income of $198.1 million and adjusted EBITDA of $277.3 million Declares a quarterly cash dividend of $47.8 million, or $2.45 per share Surpasses $1 billion deployed via capital return pro...
Arch Resources to Announce First Quarter 2023 Results on April 27
ST. LOUIS, April 11, 2023 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) will discuss its first quarter 2023 financial results in an investor conference call on Thursday, April 27, 2023 at 10:00 a....
Arch Resources stock charges higher after quarterly profit more than doubles expectations
Shares of Arch Resources Inc. ARCH, +10.57% charged up 10.9% toward a three-month high in afternoon trading Thursday, after the producer and distributor of thermal coal reported a fourth-quarter profi...
Arch Resources Reports Fourth Quarter 2022 Results
Achieves record net income in 2022 of more than $1.3 billion, or $63.88 per diluted share Achieves a 13-percent sequential improvement in average metallurgical segment unit cost in Q4 Declares a quart...
Arch Resources to Announce Fourth Quarter 2022 Results on February 16
ST. LOUIS , Feb. 2, 2023 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) will discuss its fourth quarter 2022 financial results in an investor conference call on Thursday, February 16, 2023 at 10:00...
Arch Resources Reports Third Quarter 2022 Results
Generates $454.1 million in cash provided by operating activities Declares a quarterly cash dividend of $206.4 million, or $10.75 per share Deploys $76.8 million to repurchase 428,864 shares along wit...
Arch Resources to Announce Third Quarter 2022 Results on October 27
ST. LOUIS , Oct. 14, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) will discuss its third quarter 2022 financial results in an investor conference call on Thursday, October 27 at 10:00 a.m. E...
Arch Resources: The Windfall Will Not Last
One of the best performing asset classes this year has been coal. As the rest of the stock market has struggled with economic uncertainty, political volatility and central bank quantitative tightening...
Arch Resources Reports Second Quarter 2022 Results
Delivers record net income for a third straight quarter Achieves record coking coal realizations and gross coking coal margins Announces a quarterly dividend of $118.7 million, or $6.00 per share ST. ...
Arch Resources to Announce Second Quarter 2022 Results on July 28
ST. LOUIS , July 12, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) will discuss its second quarter 2022 financial results in an investor conference call that will be broadcast live on Thursda...
Arch Resources Publishes 2022 Sustainability Report
ST. LOUIS , June 30, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced the publication of its 2022 sustainability report, now available for download on the company's website homep...
Coal miner stocks fall after Supreme Court ruling limiting EPA's role
Coal miner stocks are falling, in the wake of the Supreme Court's ruling that restricts the U.S. government's reach in controlling emission from coal-fired power plants. Shares of Peabody Energy Corp....
2 Undervalued Coal Miners to Consider
Coal prices have surged amid a global energy shortage that has developed over the past two years. For many, coal is a thing of the past as renewable energy has entered the fray, and coal is by far the...
Arch Resources is a hold at resistance amid an upgrade at Jefferies
Arch Resources Inc. (NYSE:ARCH) has returned almost 70% year-to-date. The coal mining and processing company is among those benefiting from the harsh macro environment.
Arch Resources Announces Closing of Exchanges with Holders of Approximately $125.2 Million Principal Amount of Convertible Notes
ST. LOUIS , May 26, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) ("Arch Resources" or "Arch" or "us") today announced that on May 25, 2022, it closed its previously announced privately negot...
Arch Resources Announces Exchanges with Holders of Approximately $125.2 Million Principal Amount of Convertible Notes
ST. LOUIS , May 19, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) ("Arch Resources" or "us") today announced that on May 18, 2022, it entered into separate, privately negotiated exchange agre...
Arch Resources Reports First Quarter 2022 Results
Reports another record quarterly earnings performance Announces a quarterly dividend of $135.3 million, or $8.11 per share ST. LOUIS , April 26, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) ...