Financial Data and Key Metrics Changes - The consolidated operating profit for Q3 2021 improved significantly to $27.6 million from $9.4 million in Q3 2020 [16] - Consolidated net income rose to $24.8 million or $3.47 per share, compared to $8 million or $1.14 per share in the previous year [16] - Consolidated adjusted EBITDA, excluding the termination fee, increased by 55.3% to $23.3 million from $15 million in the prior year [16][29] Business Segment Data and Key Metrics Changes - The Minerals Management segment had a strong quarter, with operating profit and segment adjusted EBITDA significantly increasing due to $3.3 million of settlement income and higher royalty income from increased production and higher natural gas and oil prices [19][27] - In the Coal Mining segment, operating profit improved primarily due to the Bisti termination payment and increased earnings from unconsolidated operations, despite higher operating expenses [9][17] - North American Mining's segment adjusted EBITDA increased significantly over the prior year, driven by increased production and new contracts [24] Market Data and Key Metrics Changes - The demand for coal has increased as power generation companies rely more on coal for low-cost and dependable electricity due to rising natural gas prices [9] - The company expects coal deliveries to decrease in 2022 due to the Bisti Fuels contract termination and anticipated customer requirements [23] Company Strategy and Development Direction - The company is focused on protecting its core business while diversifying and growing through strategic acquisitions and management fee contracts [14] - There is a strong growth potential in North American Mining, with a robust pipeline of new projects and the ability to leverage expertise across various minerals [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term outlook, citing confidence in strategies to grow and diversify the business [14] - The company anticipates a significant increase in consolidated operating profit and net income for Q4 2021, but expects a decrease in consolidated net income for 2022 due to lower earnings in the Coal Mining and Minerals Management segments [29] Other Important Information - The company ended Q3 2021 with consolidated cash of $87.5 million and debt of $17 million, compared to $85 million in cash and $32 million in debt at the end of Q2 2021 [30] - The anticipated sale of GRE's Coal Creek Station is expected to close in Q1 2022, which will result in a $14 million termination payment [13] Q&A Session Summary Question: Sensitivity to Natural Gas Prices - Management acknowledged that natural gas prices significantly affect both royalties at Minerals Management and dispatch at coal power plants, contributing to increased demand for coal [33][34] Question: Credit Availability and Fossil Fuel Lending Policies - Management noted that it is becoming more difficult for coal companies to borrow due to banks steering away from fossil fuels, but they are currently pleased with the terms of their refinancing efforts [36][37] Question: CapEx at Mitigation Resources - The $2 million CapEx mentioned is for equipment to enhance financial returns in mitigation resources, which is treated as work in process inventory rather than traditional CapEx [38][39] Question: Risk of Early Termination of Coal Sales Agreement - Management discussed the new owners' intent to operate the plant efficiently, viewing it similarly to a manufacturing operation, while acknowledging various business and regulatory risks [44][45] Question: Capacity Factors and Demand in Mississippi - Management explained that increased natural gas prices have supported higher dispatch levels at the Red Hills power plant, which is expected to continue operating through its power purchase agreement [50][51]

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, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

NACCO Industries, Inc. (NYSE:NC) Q2 2021 Earnings Conference Call August 5, 2021 8:30 AM ET Company Participants Christina Kmetko - Investor Relations J.C. Butler - President & Chief Executive Officer Elizabeth Loveman - Vice President & Controller Conference Call Participants Nachy Kanfer - Donavan Energy. Operator Good day and thank you for standing by. Welcome to the NACCO Industries Second Quarter Earnings Call. At this time, all participants are in a listen-only mode. After the speakers??? presentation ...

(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, 2021 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 1-9172 NACCO INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 34-1505819 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 5875 Lande ...

NACCO Industries, Inc. (NYSE:NC) Q1 2021 Earnings Conference Call May 6, 2021 8:30 AM ET Company Participants Christina Kmetko - IR Consultant John Butler - President, CEO & Director Elizabeth Loveman - VP, Controller & Principal Financial Officer Conference Call Participants Andrew Kuhn - Focused Compounding Capital Management Operator Ladies and gentlemen, welcome to the Connectco Industries First Quarter Earnings Call - Apologies, ladies and gentlemen, welcome to the NACCO Industries First Quarter Earnin ...

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, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

NACCO Industries, Inc. (NYSE:NC) Q4 2020 Results Conference Call March 4, 2021 8:30 AM ET Company Participants Christina Kmetko - IR J.C. Butler - President and CEO Elizabeth Loveman - VP and Controller Conference Call Participants Andrew Kuhn - Focused Compounding Trey Henninger - DIY Investing Operator Ladies and Gentlemen, thank you for standing by. And welcome to the NACCO Industries Fourth Quarter and Full Year Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the call ove ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K Securities registered pursuant to Section 12(b) of the Act (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-9172 NACCO INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 34-1505819 (State or ot ...

NACCO Industries, Inc. (NYSE:NC) Q3 2020 Earnings Conference Call November 3, 2020 8:30 AM ET Company Participants Christina Kmetko - IR J.C. Butler - President & CEO Elizabeth Loveman - VP & Controller Conference Call Participants Andrew Kuhn - Focused Compounding Capital Management Trey Henninger - DIY Investing Operator Ladies and gentlemen, thank you for standing by, and welcome to the NACCO Industries Third quarter Earnings Conference Call. [Operator Instructions] Please be advised that today's confere ...

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, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...