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ST. LOUIS, Aug. 2, 2015 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) issued the following statement in response to the U.S. Environmental Protection Agency's final "Clean Power Plan" rule. "The Administration seems increasingly desperate to salvage an ill-advised and poorly designed rule, which won't work, won't pass muster with states, and won't [...]
CLEVELAND, July 31, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the commencement of an offer to purchase for cash (the "Tender Offer"), subject to certain terms and conditions, up to $100,000,000 aggregate principal amount (the "Maximum Amount") of its outstanding 3.95% Senior Notes due 2018 (the "Notes"). The [...]
Quarterly Adjusted EBITDA of $45 million All operating regions cash flow positive for first half of year Revised SG&A and capex expectations reduce 2015 spend by $27 million ST. LOUIS, July 30, 2015 /PRNewswire/ -- Earnings Highlights Quarter Ended Six Months Ended In $ millions, e...
ST. LOUIS, July 29, 2015 /PRNewswire/ -- Arch Coal Inc. ("Arch Coal") (NYSE:ACI) previously disclosed that it is conducting (a) a private offer to exchange (the "2020 Notes Exchange Offer") new 6.25% Trust Certificates due 2021 (the "Trust Certificates") issued by a pass-through trust (the "Trust") and a cash payment for any and all outstanding [...]
CLEVELAND, July 29, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2015. Second-quarter 2015 consolidated revenues of $498 million decreased 33 percent from the prior year's second quarter revenues of $748 million. Cost of goods sold decreased by 22 percent to $441 [...]
PITTSBURGH, July 29, 2015 /PRNewswire/ -- Consol Energy Inc.'s (NYSE: CNX) Board of Directors declared a regular quarterly dividend of $0.01 per share, payable on August 24, 2015, to shareholders of record on August 10, 2015. CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of natural gas and coal. The company is one of the largest [...]
- Second quarter revenues of $1.34 billion lead to Adjusted EBITDA of $87.0 million, including $21.2 million in restructuring charges - Diluted loss per share from Continuing Operations totals $(3.71) including $(3.06) in impairments; Adjusted Diluted EPS totals $(0.65), including $(0.07) from restructuring - Second quarter Australian costs improve [...]
Consol Energy reported a net loss of $603 million for the quarter, or ($2.64) per diluted share. This compares to a net loss of $25 million, or ($0.11) per diluted share from the year-earlier quarter. The net loss for the quarter includes a significant unusual item: an $829 million pre-tax impairment in the carrying value of CONSOL's shallow oil [...]
ST. LOUIS, July 27, 2015 /PRNewswire/ -- Arch Coal Inc. ("Arch") (NYSE:ACI) today announced that for administrative purposes it is postponing its previously announced one-for-ten reverse stock split of Arch's common stock. The reverse stock split previously was expected to take place after market close on July 27, 2015. As a result of the [...]
ST. LOUIS, July 24, 2015 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) will discuss its second quarter 2015 financial results in a conference call that will be webcast live on Thursday, July 30 at 11:00 a.m. Eastern time. Participating on the call will be Arch Chairman and Chief Executive Officer John W. Eaves, President and Chief Operating Officer [...]
ST. LOUIS, July 22, 2015 /PRNewswire/ -- Arch Coal Inc. ("Arch") (NYSE:ACI) today announced the extension of the Early Tender Time for its pending private offer to exchange (the "Exchange Offer") new 6.25% Trust Certificates due 2021 (the "Trust Certificates"), 8.00% Senior Secured Notes due 2022 (the "New 2022 Secured Notes") and 12.00% Senior [...]
BRISTOL, Va., July 20, 2015 /PRNewswire/ -- Alpha Natural Resources Inc. (OTC PINK: ANRZ), a leading U.S. coal supplier, plans to report its second quarter 2015 results before the market opens on Wednesday, August 5, 2015. A conference call to review the results and current business conditions is scheduled to follow at 10:00 a.m. EDT that morning [...]