Arch Resources, Inc. (ARCH)

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Reinsurance Group (Arch Re) today announced that William Soares has been promoted to President of Arch Reinsurance Ltd. (Arch Re Ltd.), Pierre Jal has been named President of Arch Reinsurance Europe Underwriting dac (Arch Re Europe) and David Seyller elevated to Chief Underwriting Officer of Arch Re Europe, all effective immediately. As President of Arch Re Ltd., Soares will add to his current underwriting duties functional responsibility for operational.

ST. LOUIS and CANONSBURG, Pa. , Jan. 9, 2025 /PRNewswire/ -- Arch Resources, Inc. ("Arch") (NYSE: ARCH) and CONSOL Energy Inc. ("CONSOL") (NYSE: CEIX) today announced that both companies' stockholders voted to approve all proposals in relation to the pending combination of CONSOL and Arch.

NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Maplebear Inc. (NASD: CART) will replace Enovis Corp. (NYSE: ENOV) in the S&P MidCap 400, and Enovis will replace Arch Resources Inc. (NYSE: ARCH) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 14. S&P SmallCap 600 constituent CONSOL Energy Inc. (NYSE: CEIX) is acquiring Arch Resources in a deal expected to be completed soon, pending final closing conditions.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arch Resources, Inc. (NYSE: ARCH) to CONSOL Energy Inc. (NYSE: CEIX). Under the terms of the proposed transaction, shareholders of Arch will receive 1.326 shares of CONSOL common stock for each share of Arch that they own. KSF is seeking to determine whether this consideration and the process that led to it ar.

Arch Resources (ARCH) reported earnings 30 days ago. What's next for the stock?

Arch Resources reported a $6.2 million net loss and $617 million revenue in 3Q24. The company holds $279 million in cash and owes $142 million in debt. The proposed merger with CONSOL Energy will create Core Natural Resources, a leading low-cost producer and exporter of metallurgical and thermal coal. The merger is expected to enhance cost efficiency, diversify export markets, and create a company with a market cap exceeding $5 billion.

Arch Resources, Inc. (NYSE:ARCH ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Deck Slone - Senior Vice President of Strategy and Public Policy Paul Lang - Chief Executive Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Katja Jancic - BMO Capital Markets Michael Dudas - Vertical Research Partners Operator Good day, and welcome to the Arch Resources Third Quarter 2024 Earnings Conference Call.

ARCH's third-quarter earnings and revenues decrease year over year. The merger with CONSOL Energy is expected to be closed by the first quarter of 2025.

Arch Resources (ARCH) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $3.91 per share a year ago.

Achieves milestone in pending merger with CONSOL Energy with the October expiration of HSR waiting period Receives all necessary international approvals to complete the merger Manages through extended outage of CBT shiploader to ship 2.1 million tons of coking coal Declares fixed quarterly cash dividend of $0.25 per share payable on November 26  ST. LOUIS, Nov. 5, 2024 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) ("Arch" or the "company") today reported a net loss of $6.2 million, or $0.34 per diluted share, in the third quarter of 2024, compared with net income of $73.7 million, or $3.91 per diluted share, in the prior-year period.

AOS, ARCH and ADM have been added to the Zacks Rank #24 (Strong Sell) List on November 5, 2024.

ST. LOUIS , Oct. 23, 2024 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) will discuss its third quarter 2024 financial results in an investor conference call on Thursday, November 5, 2024 at 11:00 a.m. Eastern time.

Arch Resources (ARCH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

David Trainer explains how New Constructs incorporates decades of information buried in companies' financial statement notes, for “better” calculations of returns on invested capital

ARCH and CONSOL's merger, closing in 2025, is expected to yield synergies amid rising met coal demand driven by Southeast Asia's urbanization and economic growth. Builders FirstSource's shift to value-add products has boosted margins and free cash flow, with a 7-8% yield, addressing the U.S. housing shortage. Paramount Resources, with significant cash reserves and aligned management, is reinvesting in growth opportunities, poised to benefit from any energy sector weakness.

AGCO, ARCH and DDS have been added to the Zacks Rank #24 (Strong Sell) List on October 14, 2024.