| CNX Coal Resources (CNXC) Tops Q3 Earnings, Lags Revenues | |
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Cash from operating activities in the first nine months of 2015 was $47.03 million compared with $88.97 million in the first nine months of 2014. Capital expenditure for the first nine months was approximately $20.6 million, lower than the year-ago level of $57.3 million.
Coal production declined 8.67% from the year-ago level to 1.16 million tons to be on par with market conditions.
Guidance Estimated coal sales lie in the range of 4.6–4.7 million tons and 5.0–5.4 million tons for 2015 and 2016, respectively. Average cost of coal sold is expected to be between $40–$43 per ton for 2015.
CNX Coal Resources expects committed tons to be 4.5 million for 2015 and 3.8 million for 2016. The estimated price of committed tons is expected to be in the range of $56.50–$58.50 for 2015 and $50.00–$55.00 for 2016.
CNX Coal Resources has inked multi-year coal contracts with major power plants in the upper Midwest and Southeast. Upcoming Peer Releases Arch Coal Inc. ACI is expected to release third-quarter results on Nov 9, 2015. The Zacks Consensus Estimate stands at a loss of $5.79 per share. Natural Resource Partners LP NRP is slated to release third-quarter results on Nov 5, 2015. The Zacks Consensus Estimate for the quarter is pegged at 13 cents per share.
Alpha Natural Resources, Inc. ANRZQ is scheduled to release third-quarter results on Oct 29, 2015. The Zacks Consensus Estimate for the quarter stands at a loss of 78 cents per share. Zacks Rank CNX Coal Resources currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ARCH COAL INC (ACI): Free Stock Analysis Report NATURAL RSRC LP (NRP): Free Stock Analysis Report CNX COAL RESRCS (CNXC): Free Stock Analysis Report ALPHA NATRL RES (ANRZQ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Arch Coal Inc
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PRODUCTEUR |
CODE : ACI |
ISIN : US0393801008 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Arch Coal est une société de production minière de charbon basée aux Etats-Unis D'Amerique. Arch Coal détient divers projets d'exploration en USA. Ses principaux projets en production sont WEST ELK, BLACK THUNDER et JACOB'S RANCH en USA et son principal projet en développement est SPRUCE N° 1 en USA. Arch Coal est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 366 000 US$ (317 981 €). La valeur de son action a atteint son plus haut niveau récent le 27 juin 2003 à 99,96 US$, et son plus bas niveau récent le 04 octobre 2018 à 0,01 US$. Arch Coal possède 36 600 000 actions en circulation. |