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Arch Resources, Inc. - $ARCH STOCK NEWS

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

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) 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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Rhea-AI Summary
Arch Resources, Inc. (NYSE: ARCH) announces the election of Pamela R. Butcher to its board of directors, bringing nearly 40 years of international leadership experience in the chemical sector. Butcher's appointment is expected to strengthen Arch's strategic direction and value-driven approach, leveraging her extensive industry expertise.
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1.53%
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Rhea-AI Summary
Arch Resources, Inc. (NYSE: ARCH) will discuss its second quarter 2023 financial results in an investor conference call on July 27, 2023, at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 877-870-4263. The company's second quarter 2023 earnings release will be distributed via PR Newswire before the market opens on July 27. Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry.
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0.46%
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Arch Resources, Inc.

NYSE:ARCH

ARCH Rankings

ARCH Stock Data

2.87B
17.75M
3.01%
95.21%
11.3%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
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.