During the corresponding time, Royal Energy Resources, Inc. saw a revenue deteriorated by -42.2 % year on year, sequentially revenue fell by -35.56 %. While revenue at the Royal Energy Resources, Inc.'s corporate clients
Royal Energy Resources's Comment on Sales, Marketing and Customers
The Partnership’s primary customers for its steam coal are electric utilities
and industrial consumers, and the metallurgical coal the Partnership produces
is sold primarily to domestic and international steel producers. Approximately
82.0% of its coal sales tons consisted of steam coal and approximately 18.0% consisted
of metallurgical coal. Approximately 57.0% of its coal sales tons that the Partnership
produced were sold to electric utilities. The majority of its electric utility
customers purchase coal for terms of one to three years, but it also supplies
coal on a spot basis for some of its customers. The Partnership derived approximately
86.9% of its total coal revenues from sales to its ten largest customers, with
affiliates of its top three customers accounting for approximately 39.4% of its
coal revenues for that period: LG&E (18.3%); Integrity Coal (11.0%); and Dominion
Energy (10.1%).
Royal Energy Resources’s Comment on Sales, Marketing and Customers
The Partnership’s primary customers for its steam coal are electric utilities
and industrial consumers, and the metallurgical coal the Partnership produces
is sold primarily to domestic and international steel producers. Approximately
82.0% of its coal sales tons consisted of steam coal and approximately 18.0% consisted
of metallurgical coal. Approximately 57.0% of its coal sales tons that the Partnership
produced were sold to electric utilities. The majority of its electric utility
customers purchase coal for terms of one to three years, but it also supplies
coal on a spot basis for some of its customers. The Partnership derived approximately
86.9% of its total coal revenues from sales to its ten largest customers, with
affiliates of its top three customers accounting for approximately 39.4% of its
coal revenues for that period: LG&E (18.3%); Integrity Coal (11.0%); and Dominion
Energy (10.1%).
Sources:
Royal Energy Resources, Inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Royal Energy Resources, Inc.’s corporate clients.
For your research, we’ve provided 9 tables on Royal Energy Resources, Inc. corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
