coal markets

Cost-Cutting Coal Venture Rejected, Leaves Questions For PRB Competition

By • Sep 29, 2020
Arch Coal changed its name to Arch Resources earlier this year as part of its strategy to move away from Wyoming thermal coal
Arch Resources

A federal judge has ruled against a proposed joint venture between the two largest coal producers in the nation. District Judge Sarah Pitlyk found that consolidating seven of Arch Resources Inc. and Peabody Energy Corp's mines in the Powder River Basin and Colorado wouldn't bode well for the region's market.

A Potential Company Sale, Exec Bonuses, Cut Benefits: What's Going On With Cloud Peak?

By • Nov 16, 2018
Cloud Peak Energy

Cloud Peak Energy has announced it will review "strategic alternatives". Basically, that means the coal producer is open to major changes, including a potential sale of the company in order to improve its financial situation. The move was announced alongside bonuses to executives encouraging them to stay on.

Cloud Peak Energy Considers Selling Company; Gives Executive Bonuses, Cuts Retirement Benefits

By • Nov 13, 2018
Market Summary of Cloud Peak Energy just after announcing its potential sale
Google Market Summary

Cloud Peak Energy, one of the largest coal producers in the country with two mines in Wyoming, announced today it will review strategic alternatives which include a potential sale of the company. The announcement comes after company stock shares hit a 52-week low today at $1.32. That’s nearly half of its value from this time last year.