Arch Resources Inc
ARCH
ISIN null / Valor 54569562
Arch Resources Inc
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About company
Arch Resources Inc is a prominent American company specializing in the production of metallurgical products, primarily serving the global steel industry. It is renowned for being the top supplier of premium High-Vol A metallurgical coal worldwide. The company operates through its subsidiaries, managing four advanced metallurgical mines, including the flagship Leer and Leer South longwall mines, as well as the Beckley and Mountain Laurel mines. These sites are noted for their high safety standards, environmental stewardship, and their role in producing a range of high-quality metallurgical products that cater to international markets. In addition to its metallurgical coal operations, Arch Resources also runs highly efficient thermal coal mines located in the Powder River Basin and Colorado. These mines are geared towards producing thermal coal that is competitive in both domestic and international power generation markets, emphasizing the company's diversified approach to coal production and its significant role in the energy sector.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (17.06.2025):
Arch Resources Inc reported a net loss of $6.2 million, or $0.34 per diluted share, in the third quarter of 2024, compared to a net income of $73.7 million in the same period last year. The company’s adjusted EBITDA decreased to $44.2 million from $126.3 million in Q3 2023, while revenues fell to $617.9 million from $744.6 million year-over-year. Despite these challenges, Arch Resources declared a fixed quarterly cash dividend and made significant progress in its pending merger with CONSOL Energy.
Net Loss and Revenue Decline
In Q3 2024, Arch Resources Inc reported a net loss of $6.2 million, or $0.34 per diluted share, compared to a net income of $73.7 million in Q3 2023. Revenues decreased to $617.9 million from $744.6 million year-over-year, reflecting the impact of operational and logistical challenges.
Adjusted EBITDA Performance
The company’s adjusted EBITDA for the third quarter of 2024 was $44.2 million, down from $126.3 million in the same quarter last year. This decline is attributed to higher-than-normal unit costs and reduced shipments due to a three-week outage of the shiploader at the Curtis Bay Terminal.
Dividend Declaration
Arch Resources Inc declared a fixed quarterly cash dividend of $0.25 per share, totaling $4.6 million, payable on November 26, 2024. This continues the company's commitment to returning capital to shareholders, having deployed over $1.3 billion under its capital return program since February 2022.
Merger Progress with CONSOL Energy
The company achieved significant milestones in its pending merger with CONSOL Energy, including the expiration of the Hart-Scott-Rodino waiting period and receipt of all necessary international approvals. Arch expects the merger to close by the end of Q1 2025, creating a leading global player in the coal market with enhanced operational and financial synergies.
Operational Challenges and Improvements
During Q3 2024, Arch managed a three-week outage of the shiploader at Curtis Bay Terminal, which reduced coking coal shipments by approximately 200,000 tons. Additionally, the company addressed challenging geology at the Leer mine, transitioning to more productive reserve areas poised to enhance mining operations in 2025. The thermal segment returned to profitability, supported by cost-cutting measures and improved operational alignment.
Summarized from source with an LLMView SourceKey figures
Performance
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3047 M
Market cap (USD)
Daily traded volume (Shares)
141.22 / 136.55
1 day high/low (USD)
52 weeks high/low (USD)
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