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Arch Resources Inc - ARCH STOCK NEWS

Welcome to our dedicated news page for Arch Resources (Ticker: ARCH), a resource for investors and traders seeking the latest updates and insights on Arch Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arch Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arch Resources's position in the market.

Rhea-AI Summary
Arch Resources, Inc. (NYSE: ARCH) will discuss its first quarter 2024 financial results in an investor conference call on April 25, 2024. The company's earnings release will be distributed via PR Newswire before the market opens on the same day. Arch Resources is a leading producer of high-quality metallurgical products for the global steel industry, known for its modern and efficient mines focusing on safety and environmental stewardship.
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Arch Resources, Inc. appoints George J. Schuller Jr. as senior vice president and chief operating officer, praising his extensive experience in the mining industry. Schuller aims to enhance operational performance and sustainability initiatives at Arch.
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2.03%
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Rhea-AI Summary
Arch Resources, Inc. (ARCH) announced a reduction of nearly 2% in outstanding shares through the retirement of 315,721 shares. This brings the total net reduction to 6.4 million shares, representing 26% of shares outstanding since May 2017. The company's diluted share count decreased from 18.9 million to 18.6 million shares. The CFO highlighted the significant reduction in share count and emphasized the ongoing focus on share repurchases to drive value. The transactions will not impact the financial position or first-quarter results, with Arch maintaining a strong cash position of $320.5 million.
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3.06%
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Arch Resources, Inc. announces Richard A. Navarre as the new board chair at the 2024 annual meeting in May, succeeding John W. Eaves. James N. Chapman also retires, and John Drexler is elected as president and board member.
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3.95%
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Arch Resources, Inc. reported net income of $114.9 million and adjusted EBITDA of $180.0 million in Q4 2023. Declared a quarterly cash dividend of $31.6 million, or $1.65 per share. Made progress on strategic objectives, enhanced capital return program, and achieved Level A verification at the Leer mine under the TSM framework.
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-3.97%
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Arch Resources, Inc. (NYSE: ARCH) will discuss its fourth quarter and full year 2023 financial results in an investor conference call on Thursday, February 15, 2024 at 10:00 a.m. Eastern time. The company's earnings release will be distributed via PR Newswire before the market opens on February 15 and will be posted to the company's website at that time. Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry, operating large, modern, and highly efficient mines known for industry-leading safety and environmental standards.
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Arch Resources, Inc. achieves Level A verification for all protocols under the Towards Sustainable Mining initiative at the Leer mine, demonstrating a deep commitment to sustainability and setting the standard for responsible mining. The company plans to pursue TSM verification at its other metallurgical mines in 2024, aiming to strengthen its position as a supplier of choice to the global steel industry.
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1.27%
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Arch Resources reports net income of $73.7 million and adjusted EBITDA of $126.3 million in Q3 2023. The company increases share repurchases in capital allocation formula and declares a quarterly cash dividend of $21.6 million.
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Arch Resources expects coking coal sales volumes for Q3 2023 to be in line with Q2 2023 due to mining challenges at its Leer South mine. Full year 2023 coking coal sales volume guidance revised to 8.6-8.9 million tons. Average metallurgical cash cost guidance revised to $88-$91 per ton. Preliminary Q3 2023 adjusted EBITDA expected to be 10% lower than Q2 2023. Discretionary cash flow for Q3 2023 estimated to be over half of $150.7 million achieved in Q2 2023. Third quarter financial results to be announced on October 26.
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-9.15%
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Rhea-AI Summary
Arch Resources, Inc. (NYSE: ARCH) reported net income of $77.4 million and adjusted EBITDA of $130.4 million in Q2 2023. The company also declared a quarterly cash dividend of $75.4 million, or $3.97 per share, and invested $73.5 million to repurchase 623,304 shares. The operational update reveals significant progress in the core metallurgical segment and the legacy thermal segment, while the financial and liquidity update shows a reduction in indebtedness and a net positive cash position of $97.4 million.
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1.57%
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Arch Resources Inc

NYSE:ARCH

ARCH Rankings

ARCH Stock Data

3.03B
17.75M
3.01%
95.21%
11.3%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
St Louis

About ARCH

arch coal, inc. (nyse:aci) is one of the largest coal producers and marketers in the world. we contribute roughly 14% of america’s coal supply. we are the most diversified american coal company with coal supply basins, with major mining complexes in wyoming, colorado, illinois, west virginia, kentucky, virginia and maryland. we’re proud stewards of safety and the environment, and have amassed dozens of national and state awards for excellence. we’re also a recognized leader in technology and innovation with business week’s web smart 50, cio 100 and informationweek 500. investments in research and development of clean coal and coal conversion technologies, such as coal to diesel fuel and coal to natural gas, are helping pave the way for greater independence in our energy future.