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COAL Companies & Prices

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COAL Co's & Prices

COAL & NATGAS stocks

Sym.*: Last: MktCp: EValue: Ebitda: EV/eb: $Debt: Yrs/eb: Earns: PE-R: Div.: Yield: BkVal.: Lo-Yr
BTU :  18.37: $1.89B: $2.54B: $1.12B: r2.28: $1.44B: r1.29y: $4.26: r4.33: 0.52: 2.97%: 29.91: 16.41
Ceix :  17.42: $449M: $1.30B: $414M: r3.13: $836M r2.02y: $3.67: r4.72: 0.00: 0.00%: 17.18: 15.92
CCR :  13.26: $366M: $566M: $105M: r5.37: $190M r1.81y: $1.95: r6.80: 2.05: 15.3%: $7.72: 12.30
CNX* $8.32: $1.54B: $5.14B: $986M: r5.22: $2.84B r2.88y: $1.49: r5.58: 0.00: 0.00%: 23.06: $6.14
CHK* $1.79: $3.37B: $15.3B: $3.05B: r5.02: $9.75B: r3.20y: (33.0) rNEG: 0.00: 0.00%: $1.56: $1.26
RRC* $4.38: $1.15B: $5.00B: $1.32B: r3.78: $3.85B: r2.91y: (6.47): rNEG: 0.08: 1.83%: 17.07: $3.36
Swn* $2.14: $1.16B: $3.42B: $1.40B: r2.45: $2.42B: r1.73y: $1.81: r1.16: 0.00: 0.00%: $5.71: $1.56
DMY: 00.00: $1.00B: $1.00B: $1.00B: r0.00: $1.00B: r0.00y: $0.00: r0.00: 0.00: 0.00%: $0.00:
====
*Natgas spinoff from Consol, Energy (CEIX); & other Natgas

COAL Co's: BTU, CEIX, CCR ... update :

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CEIX 2019 Guidance and Outlook

Based on our year-to-date results, current contracted position, approval of the Itmann project (increased capex), estimated prices and production plans, please find below our financial and operating performance guidance for 2019:

  • Coal sales volumes (100% PAMC) - 26.8-27.8 million tons
  • Coal average revenue per ton sold - $47.70-$49.70
  • Cash cost of coal sold per ton4 - $30.40-$31.40

Internationally, thermal coal prices have come under pressure since the beginning of 2019 due to pullback in global LNG prices and other factors such as weak weather-related demand in Japan and Korea and softening demand in Europe due in part to an influx of Russian coal.

==== / COAL PRICES : $DJUSCL, US Coal Index

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US COAL PRICES

Coal PRICE in USD - Historical Prices
Date Closing Price
08/22/2019     48.05
08/23/2019     47.80
08/26/2019     47.80
08/27/2019     47.80

> source: https://markets.businessinsider.com/commodities/coal-price

   

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First Quarter 2019 Highlights

Highlights of the CEIX first quarter 20191 results include:

  • GAAP net income of $20.3 million and adjusted net income2 of $39.5 million;
  • Total GAAP dilutive earnings per share of $0.52 and adjusted dilutive earnings per share2 of $1.21;
  • Net cash provided by operations of $82.2 million;
  • Adjusted EBITDA2 of $118.5 million;
  • Organic free cash flow net to CEIX shareholders2 of $42.4 million;
  • Reduced total debt by $100 million during the quarter;
  • Total net leverage ratio2 reduced to 1.7x on March 31, 2019 compared to 2.0x on March 31, 2018;
  • Increased share and debt repurchase program to $175 million; 2.5% of outstanding shares repurchased since the spin3;
  • Amended credit facilities and paid down debt to lower annual interest expense by $15 million, improve operational and financial flexibility, extend maturities and boost liquidity; and
  • Extended a major export contract through the end of 2020; pricing terms unchanged.

Internationally, thermal coal prices have come under pressure since the beginning of 2019 due to pullback in global LNG prices and other factors such as weak weather-related demand in Japan and Korea and softening demand in Europe due in part to an influx of Russian coal. We are already beginning to see an export supply response from several countries that should help to stabilize API2 and Newcastle prices. We believe the recent market behavior is consistent with normal cycle trends exacerbated by transient items. We believe longer-term coal pricing will be driven by continued growth of coal-fired generation capacity build out in Asia, limited investments in coal supply, and tightening supply-demand fundamentals for LNG in 2021. According to our analysis of data from IHS Markit, approximately 111 GW of new coal-fired capacity is under construction globally for commissioning between 2019-2024. Furthermore, an additional 300 GW of new coal-fired capacity is in the planning stages. We believe this bodes well for seaborne thermal coal demand, particularly for high-Btu NAPP coal.

Investors Who Bought CONSOL Energy (NYSE:CEIX) Shares A Year Ago Are Now Down 62%

During the unfortunate twelve months during which the CONSOL Energy share price fell, it actually saw its earnings per share (EPS) improve by 21%. It could be that the share price was previously over-hyped. It's fair to say that the share price does not seem to be reflecting the EPS growth. So it's easy to justify a look at some other metrics.

CONSOL 11.00% Senior Secured Notes due 2025 or common units of ...

Expansion of Share and Debt Repurchase Program

CONSOL's Board of Directors ("Board") has increased its previously authorized repurchase program to an aggregate amount of up to $175 million from $100 million and extended the program through June 30, 2020 ("repurchase period"). Under the new authorization, CONSOL management may purchase, from time to time, outstanding shares of CONSOL's common stock, its 11.00% Senior Secured Second Lien Notes due 2025, amounts outstanding under its Term Loan B and Term Loan A Facilities, and common units of CONSOL Coal Resources LP ("CCR units"). These securities may be purchased in the open market, through negotiated purchases or otherwise.

2019 Guidance and Outlook

Based on our year-to-date results, current contracted position, approval of the Itmann project (increased capex), estimated prices and production plans, please find below our financial and operating performance guidance for 2019:

  • Coal sales volumes (100% PAMC) - 26.8-27.8 million tons
  • Coal average revenue per ton sold - $47.70-$49.70
  • Cash cost of coal sold per ton4 - $30.40-$31.40
  • CONSOL Marine Terminal Adjusted EBITDA4 - $40-$45 million
  • Adjusted EBITDA4 (incl. 100% PAMC) - $380-$440 million
  • Effective tax rate - 8-12%
  • Capital expenditures (incl. 100% PAMC) - $155-$185 million

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CCR / Consol Coal Resources ... all-data / last: $13.26

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    About CONSOL Coal Resources LP
    CONSOL Coal Resources LP (NYSE: CCR) is a Canonsburg-based growth-oriented master limited partnership, sponsored by CONSOL Energy, Inc. CCR owns 25% undivided interest in and management and control rights in CONSOL Energy’s Pennsylvania mining complex. The Pennsylvania mining complex consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal that is sold primarily to electricity generators in the eastern United States. Given the strategic geographic location of the complex, high quality reserve base, logistical advantages and access rights to CONSOL Energy’s Baltimore terminal, CCR is well positioned to serve both domestic and international markets..

    As of December 31, 2016, the Pennsylvania mining complex included 767 million tons (191.8 million tons net to our 25% interest ) of proven and probable coal reserves with an average gross heat content of approximately 13,000 Btus per pound and an average sulfur content of 2.36%.  Additional information may be found at www.ccrlp.com.

    BRIEF-David Einhorn Reports 19.9% Stake In Consol Coal Resources As Of August 16, 2019

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    Peabody Weaker - here's why

    BTU / Peabody Coal

    xx

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