Data by Company within Coal Mining Industry
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Company |
(Millions) |
(Millions) |
(Millions) |
Number |
| Peabody Energy Corp |
$ 3,841 |
$ 3,064 |
$ 1,515 |
8,300 |
| Alpha Metallurgical Resources Inc |
$ 3,686 |
$ 3,463 |
$ 926 |
- |
| Consol Energy Inc |
$ 3,419 |
$ 2,548 |
$ 743 |
- |
| Arch Resources Inc |
$ 2,956 |
$ 3,638 |
$ 1,245 |
- |
| Alliance Resource Partners Lp |
$ 2,819 |
$ 1,557 |
$ 164 |
3,321 |
| Warrior Met Coal Inc |
$ 2,599 |
$ 1,624 |
$ 462 |
- |
| Natural Resource Partners Lp |
$ 1,941 |
$ 255 |
$ 287 |
64 |
| Hallador Energy Co |
$ 504 |
$ 587 |
$ 71 |
742 |
| Ramaco Resources Inc |
$ 451 |
$ 576 |
$ 74 |
268 |
| Nacco Industries Inc |
$ 260 |
$ 237 |
$ -27 |
3,600 |
| American Resources Corporation |
$ 122 |
$ 25 |
$ -4 |
- |
| Coal Mining Industry |
$ 22,597 |
$ 17,575 |
$ 5,456 |
16,295 |
Recent News from Coal Mining Industry |
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Peabody Energy Corp
Introduction
In its most recent fiscal period, which ended on June 30, 2023, Peabody Energy Corp experienced a significant plunge in earnings per share (EPS) and bottom-line figures. The leading coal producer saw its EPS drop by -54.72% to $1.15 per share, a stark contrast to the $2.54 per share recorded in the previous year's financial reporting period. Furthermore, the company's net income declined by -50.61% to $202.800 million in the second quarter of 2023. This decline in profitability raises concerns over the company's financial health and future prospects.
EPS Decline and Earnings Deterioration
Peabody Energy Corp's EPS during the fiscal period ending June 30, 2023, experienced a substantial decrease, falling below analysts' expectations. The decline of -54.72% from $2.54 per share to $1.15 per share is worrisome and demands scrutiny in determining the reasons behind this significant drop. In the preceding financial reporting period, the company achieved an EPS of $1.68 per share, indicating a -31.55% decline. Additionally, earnings shrank by -31.55% from $1.68 per share to $1.36 billion.
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Natural Resource Partners Lp
The stock market can often be a rollercoaster ride, with ups and downs that keep investors on their toes. However, despite some recent turbulence, there are positive signs emerging from Natural Resource Partners Lp that should bring a smile to the faces of investors.
In the second quarter of 2023, Natural Resource Partners Lp experienced a drop in EPS of -36.99%, with earnings per share falling to $2.93 from $4.65 the previous year. Similarly, income faded by -33.41%, declining from $4.40 per share in the previous financial period. While these numbers may cause some concern, it's important to note that revenue also decreased by -38.741% to $61.01 million from $99.59 million in the same period last year.
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American Resources Corporation
American Resources Corporation, a leading company in the mining industry, recently released its financial results for the April to June 30, 2023 time-frame. The results have left investors concerned, with a significant decline in both revenue and net loss compared to the previous year.
During this reporting period, American Resources Corporation recorded zero earnings per share, the same as last year and the preceding season. This signifies a lack of growth and stability in the company's performance. However, the revenue decline of 87.773% is the most alarming aspect of these results. The company generated only $1.98 million in revenue, a drastic fall from $16.20 million in the corresponding period a year ago. Sequentially, the revenue dropped by 77.666% from $8.87 million in the preceding reporting season.
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Ramaco Resources Inc
In the ever-evolving world of the stock market, it is vital for investors to stay informed about the financial performance of various companies. Ramaco Resources Inc (METC) recently released its financial results for the fiscal interval closing June 30, 2023, showing significant contractions in both earnings per share (EPS) and revenue. This article will delve into the noteworthy facts from the report, shedding light on the company's profitability and key financial indicators.
Earnings per Share and Revenue:
METC experienced a substantial decline in EPS, with a staggering drop of -77.03% to $0.17 compared to the previous fiscal period. This decline can be attributed to the decrease in revenue by -0.855% to $137.47 million year-on-year. In the preceding reporting season, EPS plummeted from $0.57 per share, highlighting a significant decrease, and revenue fell by -17.367% from $166.36 million.
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Consol Energy Inc
Consol Energy Inc has recently experienced a notable surge in its share price, with a 12.83% gain in the past five trading days. This increase has further extended the company's year-to-date gains to an impressive 38.6%. While the share price is currently 4% short of its 52-week high, the overall performance indicates positive market sentiment towards Consol Energy. Recent financial results, particularly the strong second-quarter performance, serve as a foundation for analyzing the potential impact on the company moving forward.
Financial Results Highlight:
Consol Energy Inc recorded robust results in the second quarter of 2023. The company achieved a 21.363% increase in revenue, reaching $660.97 million. Additionally, profit per share rose by 39.55% to $4.94 per share, exhibiting substantial growth year on year. However, it is worth noting that compared to the preceding period, income experienced a decline of -24.58% from $6.55 per share, while revenue decreased by -4.014% from $688.61 million.
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Hallador Energy Co
Hallador Energy Co, a leading coal mining company, has recently released its financial report for the three-month period ending on June 30, 2023. Despite an impressive revenue growth of 144.496% to $161.19 million compared to the previous year, the company's bottom-line only turned marginally positive at $0.47 per share. This represents a decline of 22.95% from the previous reporting period where it earned $0.61 per share, and a revenue deterioration of 14.411% from $188.33 million.
Despite these setbacks, Hallador Energy Co has shown significant improvement in its financial performance. In the most recent fiscal period, the company reported a net profit of $16.915 million, a notable improvement compared to a net loss of $-3.386 million during the same reporting period a year ago. This positive development can be attributed to the company's improved profit margins, with the net margin increasing to 10.49% and the operating margin rising to 13.8%.
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Alpha Metallurgical Resources Inc
During the past 5 trading days, shares of Alpha Metallurgical Resources Inc have shown a positive trend, improving by 1.98%. This brings the year to date performance to a significant 28.62%. However, despite this positive growth, the shares of the company currently stand at 3.7% below their 52-week high.
Analyzing the second quarter earnings report of 2023, Alpha Metallurgical Resources Inc experienced a significant drop in net profit per share. The net profit per share plummeted by -59.43%, falling from $29.97 per share in the previous year to $12.16 per share. Moreover, the income also faded by -28.51% from $17.01 per share in the prior financial reporting period.
The revenue of Alpha Metallurgical Resources Inc saw a significant decline as well. The revenue faded by -35.77% to $858.37 million from $1.34 billion in the same financial reporting period a year before. Additionally, the revenue sequentially decreased by -5.801% from $911.24 million. This decline in revenue is noteworthy, indicating potential challenges faced by the company.
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Nacco Industries Inc
As a stock market journalist, I have analyzed the latest financial results of Nacco Industries Inc. and it's quite evident that the company has faced significant challenges in the April to June 30, 2023 time-frame. The earnings per share have declined by a staggering 93.29% to $0.34, while the revenue has also witnessed a decrease of 0.031% to $61.35 million compared to the same period last year.
This decline in profitability is concerning, particularly when we compare it to the previous reporting season. The profit has plummeted from $0.76 per share, showcasing a significant downward trend, while the revenue had improved by 22.355% from $50.14 million. These figures indicate that there has been a sharp downturn in the company's financial performance.
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Warrior Met Coal Inc
Warrior Met Coal Inc recently experienced an impressive gain in its stock price, reaching its 52-week high. However, a closer look at the company's financial results for the period ending June 30, 2023, reveals a different story. Despite the positive stock performance, Warrior Met Coal Inc faced significant declines in various key financial aspects. This article aims to outline these facts and contemplate their potential impact on the company's future prospects.
1. Declining Income and Profitability:
During the financial period ending June 30, 2023, Warrior Met Coal Inc witnessed a staggering decline in income per share of -72.47%, dropping from $5.74 to $1.58 per share compared to the previous year. Furthermore, the company's profit plummeted by -54.99% from $3.51 per share in the preceding financial reporting period. These figures reflect a concerning decline in profitability, raising red flags for shareholders and potential investors.
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American Resources Corporation
American Resources Corporation recently announced its financial results for the fiscal first quarter of 2023, whereby the company had unchanged earnings per share on modest revenue reduction. The earnings per share remained at $0.00, while revenue sunk by -2.336 % to $8.87 million year on year. Despite the revenue reduction, the company experienced an 89.307 % surge from $4.68 million in the previous quarter, with earnings per share standing at $0.18.
However, despite the surge in revenue, the company realized a net shortfall of $-3.101 million in the current quarter, which is much bigger than the $-0.016 million recorded in the previous year. This suggests that the company is currently experiencing some financial difficulties with cash flow.
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