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Arch Resources Inc(ARCH-N)
NYSE

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Real-Time Last Update Last Sale Cboe BZX Real-Time
Day Low162.39
Day High168.41
Open:164.34
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PR Newswire
Arch Resources Reports First Quarter 2023 Results
InvestorPlace
Further EU Sanctions Against Russia Could Boost Coal Stocks

Profile

Arch Resources Inc. is one of the largest coal producers in the U.S., operating nine mines across the major coal basins of the country. The locations of its mines and access to export facilities enable the company to ship coal world wide. It sold Viper operation, which had been part of the Other Thermal segment. Prior to the divestment of Viper operation, the company had 3 reportable segments: Metallurgical (MET), Powder River Basin (PRB) and Other Thermal. Its present reportable business segments are based on two distinct lines of business, metallurgical coal and thermal coal, and may include a number of mine complexes. The company has two segments: metallurgical and thermal. No changes were made to the MET Segment and the three remaining thermal mines post divestment have been combined as its Thermal Segment.