Analysts’ Views on Arch Coal Ahead of Its 3Q17 Results
Analysts’ ratings As of October 27, 2017, of the nine analysts covering Arch Coal (ARCH) stock, eight (89%) recommended “buy” or “strong buy,” and one (11%) recommended “hold.” There were no “sell” or “strong sell” ratings. Arch Coal’s price target Arch Coal’s 12-month target price was $94.88 as of October 27, 2017. The target price indicates an upside […]
Why Most Analysts Rate Peabody Energy a ‘Buy’
Of the eight analysts covering Peabody Energy (BTU), six (or 75.0%) have given the company a “buy” rating, and two (or 25.0%) have given it a “hold.”
How Arch Coal Emerged from Chapter 11 Bankruptcy
On October 5, 2016, Arch Coal (ARCH) emerged from bankruptcy through successful financial restructuring.
What Does Bankruptcy Mean for Peabody Energy’s Investors?
According to Peabody’s news release on its Chapter 11 filing, the bankruptcy court approved all of the first-day motions related to its Chapter 11 restructuring on April 14, 2016.
Company & Industry Overviews
How Is Coal Mined from Coal Seams?
According to the World Coal Association estimates, coal recovery in surface mining in the US is more than 90%.
What Does Bankruptcy Mean for Arch Coal Investors?
Arch Coal stockholders may not get anything from the restructured business, as the company is already insolvent, according to its latest 10-Q filing.
Arch Coal’s Path to Bankruptcy: The Beginning
Factors that led to Arch Coal’s bankruptcy include its financial leverage, a weak export market, inexpensive natural gas prices, and increased environmental scrutiny.