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Q1's Rising Stars: 3 Flying Car Stocks for Your Must-Watch List
InvestorPlace· 2024-01-22 23:29
Flying car stocks, now a critical sector to monitor, are evolving into a notable financial opportunity. These vehicles, once fixtures of science fiction, have become tangible through the advent of electric vertical takeoff and landing, or eVTOL, crafts. This advancement signifies a pivotal change in urban transportation methods. With the progress in electric propulsion, a new wave of air mobility startups is revolutionizing transportation with flying cars. The burgeoning industry attracts investment from va ...
4 Stocks Trading Near 52-Week High With More Upside Potential
Zacks Investment Research· 2024-01-16 13:17
Investors generally consider a 52-week high as a good criterion to determine an entry or exit point for a given stock. However, stocks touching new 52-week highs are often predisposed to profit-taking, resulting in pullbacks and trend reversals.Moreover, given the high price, investors often wonder if the stock is overpriced. While the speculations are not absolutely baseless, all stocks hitting a 52-week high are not necessarily overpriced.In fact, investors might lose out on top gainers in an attempt to a ...
Arch Resources (ARCH) Is a Great Choice for 'Trend' Investors, Here's Why
Zacks Investment Research· 2024-01-15 15:32
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...
What Makes Arch Resources (ARCH) a Strong Momentum Stock: Buy Now?
Zacks Investment Research· 2024-01-12 18:32
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Arch Resources(ARCH) - 2023 Q3 - Earnings Call Transcript
2023-10-26 17:20
Financial Data and Key Metrics Changes - Arch Resources achieved an adjusted EBITDA of $126.3 million and generated $86.5 million in discretionary cash flow during Q3 2023 [5][6] - The company repurchased nearly 216,000 shares for $28.2 million and declared a quarterly cash dividend of $21.6 million, or $1.13 per share [6][26] - Operating cash flow totaled $131 million, with a working capital benefit of $16 million, while capital spending was just over $44 million [22] Business Line Data and Key Metrics Changes - The metallurgical segment delivered higher per ton realizations and stronger cash margins, with cash costs expected to be less than $90 per ton, approximately 5% lower than 2022 [13][14] - The thermal segment performed well, with solid supplemental cash flows despite a breakeven performance at West Elk, which is expected to improve in Q4 2023 [18][19] Market Data and Key Metrics Changes - Global coking coal prices for Arch's principal product, High-Vol A coal, are assessed at $277 per metric ton, remaining strong despite weak steel market dynamics [9][10] - Coking coal exports from Australia are down by roughly 5 million tons year-to-date, contributing to supply constraints in the metallurgical coal market [10] Company Strategy and Development Direction - The company is focused on delivering operational excellence and maintaining a strong financial position while advancing sustainability practices [11][12] - The Board adjusted the capital allocation model to prioritize share repurchases over dividends, reflecting a commitment to return 100% of discretionary cash flow to shareholders [8][26] Management's Comments on Operating Environment and Future Outlook - Management noted that despite weak demand in the steel market, supply constraints in metallurgical coal could lead to future price stability [9][10] - The outlook for the thermal segment remains positive, with expectations of substantial margins on thermal export volumes in 2024 and beyond [11][18] Other Important Information - Arch's operations achieved a total loss time incident rate of 0.42 per 200,000 employee hours worked, significantly better than the industry average [20] - The company received the 2023 Excellence in Coal Mining Good Neighbor Award, highlighting its commitment to community engagement [21] Q&A Session Summary Question: Capital return policy and framework - The company plans to allocate 25% of discretionary cash flow for dividends and up to 75% for buybacks, with flexibility based on market conditions [28][29] Question: Production expectations at Leer South - Production is expected to improve, with a target of around 3 million tons annually, and potential for further increases as operations transition to better geological conditions [34][36] Question: Thermal market outlook and pricing - The company anticipates modest reductions in pricing for Powder River Basin operations in 2024, but remains confident in maintaining solid margins [39][41] Question: Coking coal shipment growth potential - The company expects to comfortably exceed 9 million tons at the midpoint for 2024, driven by improved performance at Leer South and other operations [46] Question: West Elk production levels - West Elk is expected to reach around 4 million tons annually, with potential increases to 4.5 to 5 million tons by 2025 as operations improve [52][54]
Arch Resources(ARCH) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number: 1-13105 Arch Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 43-0921172 (Stat ...
Arch Resources(ARCH) - 2023 Q2 - Earnings Call Transcript
2023-07-27 19:08
Arch Resources, Inc. (NYSE:ARCH) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Deck Slone - Senior Vice President, Strategy Paul Lang - Chief Executive Officer John Drexler - Chief Operating Officer Matt Giljum - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Alex Hacking - Citi Katja Jancic - BMO Capital Markets Operator Good morning, and welcome to the Arch Resources Second Quarter 2023 Earnings ...
Arch Resources(ARCH) - 2023 Q2 - Quarterly Report
2023-07-26 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number: 1-13105 Arch Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 43-0921172 (State or ...
Arch Resources(ARCH) - 2023 Q1 - Earnings Call Transcript
2023-04-27 18:06
Arch Resources, Inc. (NYSE:ARCH) Q1 2023 Results Conference Call April 27, 2022 10:00 AM ET Company Participants Deck Slone - Senior Vice President of Strategy Paul Lang - President and Chief Executive Office John Drexler - Senior Vice President and Chief Operating Officer Matthew Giljum - Senior Vice President and Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Michael Dudas - Vertical Research Partners Operator Good day and welco ...
Arch Resources(ARCH) - 2023 Q1 - Quarterly Report
2023-04-26 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number: 1-13105 Arch Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 43-0921172 (State or ...