Arch Coal (ACI) 0.58 $ACI
Arch Coal Receives Court Approval of "First Day" Motions to Support Business
PR Newswire - Tue Jan 12, 6:02PM CST
Arch Coal, Inc. ("Arch" or the "company"
(NYSE: ACI) today announced that the company has received approval from the United States Bankruptcy Court for the Eastern District of Missouri for all of its First Day motions related to its Chapter 11 restructuring. Collectively, the First Day orders issued by the Court on either an interim or final basis will help Arch continue operating its business in the ordinary course as it implements the agreements it reached with the majority of the lenders under its $1.9 billion first lien financing facility to significantly restructure the company's debt load.
ACI: 0.58 (-0.25)
Fitch Downgrades Arch Coal to 'D' on Bankruptcy Filing
BusinessWire - Tue Jan 12, 10:27AM CST
Fitch Ratings has downgraded Arch Coal, Inc.'s (Arch Coal; NYSE: ACI) Issuer Default Rating (IDR) to 'D' from 'C'. The downgrade reflects today's voluntary bankruptcy filing. Fitch has taken the following rating actions:
ACI: 0.58 (-0.25)
New gloom for Rockies coal with Arch bankruptcy filing
By MEAD GRUVER - AP - Mon Jan 11, 4:40PM CST
CHEYENNE, Wyo. (AP) — The beginning of bankruptcy proceedings for the nation's second-biggest coal company cast another dark cloud over the economy of Wyoming and other states in the top coal-producing region, following a bankruptcy filing by another major coal operator last year.
ACI: 0.58 (-0.25)
APNewsBreak: Deal averts Montana coal mine shutdown
By MATTHEW BROWN - AP - Mon Jan 11, 2:39PM CST
BILLINGS, Mont. (AP) — A central Montana coal mine reached an agreement Monday with environmentalists and state regulators that is intended to avoid a major shutdown as a declining coal market leaves the future of some mining companies in doubt.
ACI: 0.58 (-0.25)
Fitch: Coal Producer Bankruptcy Bumps Up US Default Rates, Again
BusinessWire - Mon Jan 11, 12:38PM CST
Adding Arch Coal, Inc.'s $3.2 billion of bond debt to the default volume propels the metals/mining sector's trailing 12-month (TTM) default rate to 15% from 11% at the end of December, according to Fitch Ratings. Arch's Chapter 11 bankruptcy filing on Monday drives the coal subsector default rate to an unprecedented peak of 43%.
ACI: 0.58 (-0.25)
Arch Coal files for Chapter 11 bankruptcy protection
AP - Mon Jan 11, 10:33AM CST
NEW YORK (AP) — Arch Coal, which has been hurt by the weakening demand for coal, filed for Chapter 11 bankruptcy protection Monday.
ACI: 0.58 (-0.25)
Arch Coal Reaches Agreement with Senior Lenders to Restructure Balance Sheet and Reduce Debt
PR Newswire - Mon Jan 11, 12:57AM CST
Arch Coal, Inc. ("Arch" or the "company" (NYSE: ACI) today announced that it has reached an agreement with a majority of the lenders under its $1.9 billion first lien financing facility to significantly restructure the company's debt load. Arch has entered into a restructuring support agreement with the members of an ad hoc group of lenders that hold more than 50% of the company's first lien debt. Under the terms of the agreement, the lenders have agreed to support a restructuring transaction that will eliminate more than $4.5 billion in debt from Arch's balance sheet and position the company for long-term success.
ACI: 0.58 (-0.25)
CONSOL Energy Trims 2016 Guidance, Shares Plunge 11.1%
Zacks Equity Research - Zacks Investment Research - Thu Jan 07, 3:30PM CST
CONSOL Energy (CNX) lowered its 2016 sales expectation at its Coal and E&P divisions given the low commodity price environment.
BTU: 2.07 (unch), CNX: 18.40 (-0.12), ACI: 0.58 (-0.25), CLD: 3.31 (-0.07)
Montana mine lays off workers as coal industry slumps
By MATTHEW BROWN - AP - Thu Dec 31, 11:19AM CST
BILLINGS, Mont. (AP) — A Montana coal mine cut 66 jobs and is slashing production amid an industrywide slowdown that's starting to affect the largest coal-producing region of the United States.
ACI: 0.58 (-0.25)
FirstEnergy-Held Coal Company Fires Workers at Year End
Zacks Equity Research - Zacks Investment Research - Thu Dec 31, 9:20AM CST
FirstEnergy (FE) held Signal Peak Energy announced that it has laid off 58 workers and eliminated 8 vacant positions in its Bull Mountain Mine.
BTU: 2.07 (unch), FE: 33.31 (-1.00), ACI: 0.58 (-0.25), CLD: 3.31 (-0.07)
58 workers laid off at Montana mine as coal industry slumps
By MATTHEW BROWN - AP - Wed Dec 30, 9:20PM CST
BILLINGS, Mont. (AP) — A Montana coal mine announced Wednesday that it laid off dozens of workers and is cutting production amid an industrywide slowdown that's starting to impact the largest coal-producing region of the United States.
ACI: 0.58 (-0.25)
Will 2016 Be Peabody Energy Corporation's Best Year Yet?
Tyler Crowe, The Motley Fool - Motley Fool - Sun Dec 27, 12:15PM CST
Image source: Peabody Energy Corporation. "It can't get any worse than it already has, right?" Anyone who has looked at a price chart for Peabody Energy or other coal companies has to be thinking this to a certain degree. In 2015, shares of...
ARLP: 18.77 (-0.45), CNX: 18.40 (-0.12), BTU: 2.07 (unch), ACI: 0.58 (-0.25), CLD: 3.31 (-0.07)
Arch Coal Elects To Exercise Interest Payment Grace Period
M2 - Tue Dec 15, 10:25AM CST
Arch Coal, Inc. ("Arch" (NYSE: ACI) today announced that it has elected to exercise the 30-day grace period under its indenture agreements with holders of its 9.875% Senior Notes due 2019, the 7.00% Senior Notes due 2019 and the 7.25% Senior Notes due 2021. This extends the time period the company has to make the approximately $90 million interest payment due December 15, 2015 without triggering an event of default under the indentures. Events of default will exist under the company's term loan facility and receivables facility as a result of this election and other recent events, but the company is in active discussions with its lenders and does not anticipate the lenders taking any remedial action in respect of any such event of default.
ACI: 0.58 (-0.25)
3 Coal Stocks in Focus Following Paris Climate Deal
Zacks Equity Research - Zacks Investment Research - Tue Dec 15, 9:59AM CST
Notwithstanding the many hurdles in coal's way at present, we may look into the following coal stocks that have strong potential to fight the situation.
ARLP: 18.77 (-0.45), FSLR: 47.76 (+0.38), BTU: 2.07 (unch), CNX: 18.40 (-0.12), SCTY: 24.42 (-0.30), ACI: 0.58 (-0.25), WLB: 7.85 (-1.51), CLF: 7.96 (-0.07), SPWR: 14.55 (+0.03), CLD: 3.31 (-0.07), CSIQ: 14.38 (-0.39)
Arch Coal Elects To Exercise Interest Payment Grace Period; Continues Discussions With Creditors Regarding Balance Sheet Restructuring
PR Newswire - Tue Dec 15, 5:45AM CST
Arch Coal, Inc. ("Arch" (NYSE: ACI) today announced that it has elected to exercise the 30-day grace period under its indenture agreements with holders of its 9.875% Senior Notes due 2019, the 7.00% Senior Notes due 2019 and the 7.25% Senior Notes due 2021. This extends the time period the company has to make the approximately $90 million interest payment due December 15, 2015 without triggering an event of default under the indentures. Events of default will exist under the company's term loan facility and receivables facility as a result of this election and other recent events, but the company is in active discussions with its lenders and does not anticipate the lenders taking any remedial action in respect of any such event of default.
ACI: 0.58 (-0.25)
Alliance Resource Partners: Has This High-Yielder Finally Hit the Wall?
Reuben Gregg Brewer, The Motley Fool - Motley Fool - Mon Dec 14, 12:15PM CST
For a long time high yielding Alliance Resource Partners had been the standout performer in the hard-hit coal industry. The business environment is only getting worse, though, and despite this limited partnership's ability to buck the...
ARLP: 18.77 (-0.45), BTU: 2.07 (unch), AHGP: 24.15 (-0.93), ACI: 0.58 (-0.25)
Arch Coal Receives Notice Regarding NYSE Listing Criteria
PR Newswire - Thu Dec 10, 3:16PM CST
Arch Coal, Inc. (NYSE:ACI) ("Arch Coal" today announced that it has been notified by the New York Stock Exchange Regulation, Inc., that it is not in compliance with the New York Stock Exchange, Inc.'s ("NYSE" continued listing standards.
ACI: 0.58 (-0.25)
Arch Coal Receives Court Approval of "First Day" Motions to Support Business
PR Newswire - Tue Jan 12, 6:02PM CST
Arch Coal, Inc. ("Arch" or the "company"
(NYSE: ACI) today announced that the company has received approval from the United States Bankruptcy Court for the Eastern District of Missouri for all of its First Day motions related to its Chapter 11 restructuring. Collectively, the First Day orders issued by the Court on either an interim or final basis will help Arch continue operating its business in the ordinary course as it implements the agreements it reached with the majority of the lenders under its $1.9 billion first lien financing facility to significantly restructure the company's debt load. ACI: 0.58 (-0.25)
Fitch Downgrades Arch Coal to 'D' on Bankruptcy Filing
BusinessWire - Tue Jan 12, 10:27AM CST
Fitch Ratings has downgraded Arch Coal, Inc.'s (Arch Coal; NYSE: ACI) Issuer Default Rating (IDR) to 'D' from 'C'. The downgrade reflects today's voluntary bankruptcy filing. Fitch has taken the following rating actions:
ACI: 0.58 (-0.25)
New gloom for Rockies coal with Arch bankruptcy filing
By MEAD GRUVER - AP - Mon Jan 11, 4:40PM CST
CHEYENNE, Wyo. (AP) — The beginning of bankruptcy proceedings for the nation's second-biggest coal company cast another dark cloud over the economy of Wyoming and other states in the top coal-producing region, following a bankruptcy filing by another major coal operator last year.
ACI: 0.58 (-0.25)
APNewsBreak: Deal averts Montana coal mine shutdown
By MATTHEW BROWN - AP - Mon Jan 11, 2:39PM CST
BILLINGS, Mont. (AP) — A central Montana coal mine reached an agreement Monday with environmentalists and state regulators that is intended to avoid a major shutdown as a declining coal market leaves the future of some mining companies in doubt.
ACI: 0.58 (-0.25)
Fitch: Coal Producer Bankruptcy Bumps Up US Default Rates, Again
BusinessWire - Mon Jan 11, 12:38PM CST
Adding Arch Coal, Inc.'s $3.2 billion of bond debt to the default volume propels the metals/mining sector's trailing 12-month (TTM) default rate to 15% from 11% at the end of December, according to Fitch Ratings. Arch's Chapter 11 bankruptcy filing on Monday drives the coal subsector default rate to an unprecedented peak of 43%.
ACI: 0.58 (-0.25)
Arch Coal files for Chapter 11 bankruptcy protection
AP - Mon Jan 11, 10:33AM CST
NEW YORK (AP) — Arch Coal, which has been hurt by the weakening demand for coal, filed for Chapter 11 bankruptcy protection Monday.
ACI: 0.58 (-0.25)
Arch Coal Reaches Agreement with Senior Lenders to Restructure Balance Sheet and Reduce Debt
PR Newswire - Mon Jan 11, 12:57AM CST
Arch Coal, Inc. ("Arch" or the "company"
(NYSE: ACI) today announced that it has reached an agreement with a majority of the lenders under its $1.9 billion first lien financing facility to significantly restructure the company's debt load. Arch has entered into a restructuring support agreement with the members of an ad hoc group of lenders that hold more than 50% of the company's first lien debt. Under the terms of the agreement, the lenders have agreed to support a restructuring transaction that will eliminate more than $4.5 billion in debt from Arch's balance sheet and position the company for long-term success. ACI: 0.58 (-0.25)
CONSOL Energy Trims 2016 Guidance, Shares Plunge 11.1%
Zacks Equity Research - Zacks Investment Research - Thu Jan 07, 3:30PM CST
CONSOL Energy (CNX) lowered its 2016 sales expectation at its Coal and E&P divisions given the low commodity price environment.
BTU: 2.07 (unch), CNX: 18.40 (-0.12), ACI: 0.58 (-0.25), CLD: 3.31 (-0.07)
Montana mine lays off workers as coal industry slumps
By MATTHEW BROWN - AP - Thu Dec 31, 11:19AM CST
BILLINGS, Mont. (AP) — A Montana coal mine cut 66 jobs and is slashing production amid an industrywide slowdown that's starting to affect the largest coal-producing region of the United States.
ACI: 0.58 (-0.25)
FirstEnergy-Held Coal Company Fires Workers at Year End
Zacks Equity Research - Zacks Investment Research - Thu Dec 31, 9:20AM CST
FirstEnergy (FE) held Signal Peak Energy announced that it has laid off 58 workers and eliminated 8 vacant positions in its Bull Mountain Mine.
BTU: 2.07 (unch), FE: 33.31 (-1.00), ACI: 0.58 (-0.25), CLD: 3.31 (-0.07)
58 workers laid off at Montana mine as coal industry slumps
By MATTHEW BROWN - AP - Wed Dec 30, 9:20PM CST
BILLINGS, Mont. (AP) — A Montana coal mine announced Wednesday that it laid off dozens of workers and is cutting production amid an industrywide slowdown that's starting to impact the largest coal-producing region of the United States.
ACI: 0.58 (-0.25)
Will 2016 Be Peabody Energy Corporation's Best Year Yet?
Tyler Crowe, The Motley Fool - Motley Fool - Sun Dec 27, 12:15PM CST
Image source: Peabody Energy Corporation. "It can't get any worse than it already has, right?" Anyone who has looked at a price chart for Peabody Energy or other coal companies has to be thinking this to a certain degree. In 2015, shares of...
ARLP: 18.77 (-0.45), CNX: 18.40 (-0.12), BTU: 2.07 (unch), ACI: 0.58 (-0.25), CLD: 3.31 (-0.07)
Arch Coal Elects To Exercise Interest Payment Grace Period
M2 - Tue Dec 15, 10:25AM CST
Arch Coal, Inc. ("Arch"
(NYSE: ACI) today announced that it has elected to exercise the 30-day grace period under its indenture agreements with holders of its 9.875% Senior Notes due 2019, the 7.00% Senior Notes due 2019 and the 7.25% Senior Notes due 2021. This extends the time period the company has to make the approximately $90 million interest payment due December 15, 2015 without triggering an event of default under the indentures. Events of default will exist under the company's term loan facility and receivables facility as a result of this election and other recent events, but the company is in active discussions with its lenders and does not anticipate the lenders taking any remedial action in respect of any such event of default. ACI: 0.58 (-0.25)
3 Coal Stocks in Focus Following Paris Climate Deal
Zacks Equity Research - Zacks Investment Research - Tue Dec 15, 9:59AM CST
Notwithstanding the many hurdles in coal's way at present, we may look into the following coal stocks that have strong potential to fight the situation.
ARLP: 18.77 (-0.45), FSLR: 47.76 (+0.38), BTU: 2.07 (unch), CNX: 18.40 (-0.12), SCTY: 24.42 (-0.30), ACI: 0.58 (-0.25), WLB: 7.85 (-1.51), CLF: 7.96 (-0.07), SPWR: 14.55 (+0.03), CLD: 3.31 (-0.07), CSIQ: 14.38 (-0.39)
Arch Coal Elects To Exercise Interest Payment Grace Period; Continues Discussions With Creditors Regarding Balance Sheet Restructuring
PR Newswire - Tue Dec 15, 5:45AM CST
Arch Coal, Inc. ("Arch"
(NYSE: ACI) today announced that it has elected to exercise the 30-day grace period under its indenture agreements with holders of its 9.875% Senior Notes due 2019, the 7.00% Senior Notes due 2019 and the 7.25% Senior Notes due 2021. This extends the time period the company has to make the approximately $90 million interest payment due December 15, 2015 without triggering an event of default under the indentures. Events of default will exist under the company's term loan facility and receivables facility as a result of this election and other recent events, but the company is in active discussions with its lenders and does not anticipate the lenders taking any remedial action in respect of any such event of default. ACI: 0.58 (-0.25)
Alliance Resource Partners: Has This High-Yielder Finally Hit the Wall?
Reuben Gregg Brewer, The Motley Fool - Motley Fool - Mon Dec 14, 12:15PM CST
For a long time high yielding Alliance Resource Partners had been the standout performer in the hard-hit coal industry. The business environment is only getting worse, though, and despite this limited partnership's ability to buck the...
ARLP: 18.77 (-0.45), BTU: 2.07 (unch), AHGP: 24.15 (-0.93), ACI: 0.58 (-0.25)
Arch Coal Receives Notice Regarding NYSE Listing Criteria
PR Newswire - Thu Dec 10, 3:16PM CST
Arch Coal, Inc. (NYSE:ACI) ("Arch Coal"
today announced that it has been notified by the New York Stock Exchange Regulation, Inc., that it is not in compliance with the New York Stock Exchange, Inc.'s ("NYSE" continued listing standards. ACI: 0.58 (-0.25)
