Arch Resources Inc.
07/27/2021 | Press release | Distributed by Public on 07/27/2021 04:40
Q2 2021 Financial Schedules
Met
| Metallurgical | |||||||
| 2Q21 | 1Q21 | 4Q14 | 1Q14 | 2Q20 | |||
| Tons sold (in millions) | 2.0 | 1.7 | 3.6 | 3.6 | 1.5 | 18% | ERROR:#REF! |
| Coking | 1.8 | 1.5 | 1.3 | 20% | ERROR:#REF! | ||
| Thermal | 0.2 | 0.2 | 0.2 | 0% | ERROR:#REF! | ||
| Coal sales per ton sold | $89.71 | $83.76 | $69.27 | $67.70 | $76.17 | 7% | ERROR:#REF! |
| Coking | $96.03 | $93.14 | $84.26 | 3% | ERROR:#REF! | ||
| Thermal | $23.43 | $22.13 | $18.12 | 6% | ERROR:#REF! | ||
| Cash cost per ton sold | $59.37 | $59.63 | $59.37 | $65.48 | $61.95 | -0% | ERROR:#REF! |
| Cash margin per ton | $30.34 | $24.13 | $9.90 | $2.22 | $14.22 | 26% | ERROR:#REF! |
| Total operating cost per ton | $60.68 | $73.48 | $80.80 | $60.68 | |||
| Operating margin per ton | $4.93 | ($4.21) | ($13.10) | $4.93 | |||
| Coal sales per ton sold and cash cost per ton sold are defined and reconciled under "Reconciliation of non-GAAP measures." | |||||||
| Mining complexes included in this segment are Beckley, Leer, Mountain Laurel and Leer South/Sentinel. |
Thermal
| Thermal | |||||
| 2Q21 | 1Q21 | 4Q14 | 1Q14 | 2Q20 | |
| Tons sold (in millions) | 15.2 | 12.3 | 29.3 | 25.7 | 11.6 |
| Coal sales per ton sold | $13.50 | $13.16 | $12.86 | $12.73 | $13.87 |
| Cash cost per ton sold | $10.88 | $12.18 | $10.81 | $11.45 | $14.86 |
| Cash margin per ton | $2.62 | $0.98 | $2.05 | $1.28 | ($0.99) |
| Total operating cost per ton | $10.56 | $12.32 | $12.98 | $10.56 | |
| Operating margin per ton | $1.85 | $0.54 | ($0.25) | $1.85 | |
| Coal sales per ton sold and cash cost per ton sold are defined and reconciled under "Reconciliation of non-GAAP measures." | |||||
| Mining complexes included in this segment are Black Thunder, Coal Creek and West Elk. |
Guidance
| 2018 | 2021 | |||
| Tons | $ per ton | Tons | $ per ton | |
| Sales Volume (in millions of tons) | ||||
| Coking | 7.4 | - | 8.2 | |
| Thermal | 55.0 | - | 59.0 | |
| Total | 62.4 | 67.2 | ||
| Metallurgical (in millions of tons) | ||||
| Committed, Priced | ||||
| Committed, Unpriced Thermal | ||||
| Committed, Priced Coking North American | 0.5 | $105.00 | 1.8 | $90.79 |
| Committed, Unpriced Coking North American | - | |||
| Committed, Priced Coking Seaborne | 3.1 | $97.00 | ||
| Committed, Unpriced Coking Seaborne | 2.4 | 2.0 | ||
| Total Committed Coking | 2.9 | 7.1 | ||
| Committed, Priced Thermal Byproduct | 0.4 | $30.45 | 0.7 | $21.98 |
| Committed, Unpriced Thermal Byproduct | - | 0.2 | ||
| Total Committed Thermal Byproduct | 0.4 | 0.9 | ||
| Average Metallurgical Cash Cost | $57.00 - $60.00 | |||
| Thermal (in millions of tons) | ||||
| Committed, Priced | 47.5 | $12.05 | 56.6 | $13.39 |
| Committed, Unpriced | 2.8 | 1.2 | ||
| Total Committed Thermal | 50.3 | 57.8 | ||
| Average Thermal Cash Cost | $11.50 - $12.00 | |||
| Appalachia | ||||
| Committed, Priced Thermal | ||||
| Committed, Unpriced Thermal | ||||
| Committed, Priced Metallurgical | ||||
| Committed, Unpriced Metallurgical | ||||
| Total Committed | ||||
| Average Cash Cost | ||||
| Corporate (in $ millions) | ||||
| D,D&A | $118.0 | - | $122.0 | |
| ARO Accretion | $18.0 | - | $20.0 | |
| S,G&A - cash | $62.0 | - | $70.0 | |
| S,G&A - non-cash | $13.0 | - | $17.0 | |
| Net Interest Expense | $24.0 | - | $26.0 | |
| Capital Expenditures | $210.0 | - | $230.0 | |
| Tax Provision (%) | Approximately 0% |