Moody's Investors Service, ("Moody's") downgraded long-term ratings for Peabody Energy Corporation, including the Corporate Family Rating ("CFR") to B1 from Ba3 and senior secured ratings to B1 from Ba3, based on expectations for weakened earnings and cash flow. "Peabody has about $1 billion of cash on the balance sheet today, but cash usage in 2020 is expected due to deteriorating demand for coal and weak export conditions, coupled with a deteriorating global economic outlook" said Ben Nelson, Moody's Vice President -- Senior Credit Officer and lead analyst for Peabody Energy Corporation.

Arch Coal (ARCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Arch Coal, Inc. (NYSE: ARCH) today reported a net loss of $25.3 million, or $1.67 per diluted share, in the first quarter of 2020, compared with net income of $72.7 million, or $3.91 per diluted share, in the prior-year period. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortization, accretion on asset retirement obligations, amortization of sales contracts, and non-operating expenses ("adjusted EBITDA") 1 of $12.9 million in the first quarter of 2020, which includes a $0.7 million non-cash mark-to-market loss associated with the company's coal-hedging activities and excludes a $9.0 million gain associated with initial insurance proceeds from a previously disclosed equipment loss. This compares to $107.3 million of adjusted EBITDA recorded in the first quarter of 2019, which included a $13.0 million non-cash mark-to-market gain associated with the company's coal-hedging activities. Revenues totaled $405.2 million for the three months ended March 31, 2020, versus $555.2 million in the prior-year quarter.

The coal industry remains a major supplier to key industries such as steel and utilities with coal-fired electricity plants. Its dominance remains despite growing global awareness of climate change and moves to reduce the use of the coal, one of the world's most plentiful fossil fuels.

Arch Coal, Inc. (NYSE: ARCH) announced today that it is changing its name to Arch Resources, Inc., effective May 15, 2020. The name change underscores the company's ongoing transition to a premier producer of metallurgical products for the global steel industry.

NEW YORK, NY / ACCESSWIRE / April 23, 2020 / Arch Coal, Inc. (NYSE:ARCH) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 23, 2020 at 10:00 AM Eastern ...

Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]

Arch Resources, Inc. (NYSE: ARCH) – in connection with the company's name change becoming effective today – has launched a new website that details the company's value proposition, clear strategic direction and strong commitment to environmental, social and governance (ESG) principles. The name change and website underscore Arch's transition to a premier producer of metallurgical products for the global steel industry.

John Eaves has been the CEO of Arch Coal, Inc. (NYSE:ARCH) since 2012. This report will, first, examine the CEO...

To the annoyance of some shareholders, Arch Coal (NYSE:ARCH) shares are down a considerable 41% in the last month. And...

Arch Coal, Inc. (NYSE: ARCH) today announced that – as part of its ongoing succession process – John T. Drexler will become the company's chief operating officer and Matthew C. Giljum will become its chief financial officer, effective April 30. Drexler is currently Arch's chief financial officer and Giljum is currently Arch's treasurer and vice president of finance.

Arch Coal's (ARCH) first-quarter loss per share is wider than the Zacks Consensus Estimate. Nonetheless, its total revenues beat the same.

Arch Coal, Inc. (NYSE:ARCH) will discuss its first quarter 2020 financial results in an investor conference call that will be broadcast live on Thursday, April 23 at 10:00 a.m. Eastern time.

Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

Shares of Arch Coal (NYSE:ARCH) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 142.71% year over year to ($1.67), which missed the estimate of ($1.12).Revenue of $405,232,000 less by 27.01% year over year, which missed the estimate of $406,500,000.Outlook Earnings guidance hasn't been issued by the company for now.Arch Coal hasn't issued any revenue guidance for the time being.Details Of The Call Date: Apr 23, 2020View more earnings on ARCHTime: 09:03 AM ETWebcast URL: https://edge.media-server.com/mmc/p/p3m4o6jdPrice Action Company's 52-week high was at $101.92Company's 52-week low was at $25.37Price action over last quarter: down 46.96%Company Overview Arch Coal Inc is a producer of coal. The company sells its coal to power plants, steel mills, and industrial facilities. It operates more than ten active mines in the United States. Its segments include the Powder River Basin division in Wyoming, the Metallurgical (MET) segment, containing the Company's metallurgical operations in West Virginia, Kentucky, and Virginia, and the Other Thermal segment containing the Company's supplementary thermal operations in Colorado, Illinois, and West Virginia.See more from Benzinga * Patterson-UTI Energy: Q1 Earnings Insights * Recap: Capital City Bank Group Q1 Earnings * MarineMax: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Arch Coal (ARCH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Today is shaping up negative for Arch Coal, Inc. (NYSE:ARCH) shareholders, with the analysts delivering a substantial...

Arch Coal (ARCH) delivered earnings and revenue surprises of -38.02% and 4.71%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

(Bloomberg Opinion) -- Gray? Try “steel-colored.” Angular? You must mean “steel-inspired.” I’m referring, of course, to the new logo of the rechristened Arch Resources Inc.The old logo, with its stylized fragment of St Louis’ Gateway Arch, was fine — apart from the fact that it had the word “coal” in it. Arch Coal, the company’s old name, was a mite too connected with a certain fuel that is not only in terminal decline in the U.S. but also rather unpopular with the ESG crowd.When Arch Coal was formed in 1997, America’s power stations were burning 900 million tons a year, generating more than half the country’s electricity, and climbing. Today, thermal coal accounts for less than a fifth of the mix:Remarkably, in announcing its name change this week, Arch pulled a Voldemort with the word “coal”: It doesn’t appear anywhere in the main body of the press release(3). This is doubly impressive when you consider Arch Resources will in fact continue to mine prodigious quantities of ... well, you know. Thingy.Only Arch is now focused on a different class of thingy. Metallurgical coal is thermal coal’s more prosperous sibling, a vital ingredient for making steel; hence Arch’s steely new logo. Except Arch refers to these black rocks dug out from the ground not as metallurgical coal but as metallurgical products.Corporate rebranding tends to offer a rich seam of material, but Arch’s new name is actually a logical progression in a logical strategy.Ever since the miner emerged from chapter 11 in 2016, its approach has been one long tacit acknowledgement that the U.S. thermal coal industry is in a downward spiral. That business has essentially been run for cash, with capex running at just 70% of depreciation, and the company’s Powder River Basin assets are about to be subsumed into a joint venture with Peabody Energy Corp. The more profitable metallurgical business, meanwhile, is expanding, with a major new project in West Virginia underway. Most importantly, though, for every dollar Arch has invested back into the business, it’s spent about $1.60 on stock buybacks, taking in 40% of the shares(1) . This is how you head into the sunset.So the new name and Terminator-esque logo aren’t just some branding consultant’s WFH project. It’s the latest step in Arch’s quest to carve out a new life after death. For example, see this from the announcement:We expect steel to play an essential role in the revitalization of the global economy as it recovers from the disruption of the COVID-19 pandemic, and in the construction of a new economy supported by mass transit systems, wind turbines and electric vehicles.See? No mention of coal, but a cameo by wind turbines, no less (ah, the irony). Mad Men’s Don Draper once pitched Bethlehem Steel on advertising itself as producing the building blocks of America’s great cities. In real life, Arch would like you to know it mines the building blocks that go into making those building blocks.On one level, that’s par for the course. Any commodity producer would like you to associate their otherwise standard product with something more exceptional and valuable; similar thinking underlay Arconic Corp.’s split from aluminum smelter Alcoa Corp. Metallurgical coal may be higher-margin, but it remains a commodity, with all the volatility that entails; the stock has halved so far this year(2). Far better to focus minds on something more stable, like a T-bar.In this case, though, there’s a bigger drama playing out, and the wind turbine is the key character. While Arch’s announcement lacked “coal,” it provided my annual quota of “environmental, social and governance” mentions in the space of a few minutes. Arch is still running its thermal coal mines and likely will for as long as they spit out cash. But competition from cheap shale gas and renewable energy has made thermal coal a tough sell to investors already. Now climate change is making it altogether taboo — regardless of how efficient the miner — as ESG considerations gain traction.The ongoing  rebranding of Big Oil as Big Energy reflects similar dynamics. As the function of energy markets shifts from simply producing ever more tons or barrels or whatnot to optimizing supply, demand and emissions, so the expectations of the capital markets shift, too.  The multiple that makes a stock price is ultimately just some narrative about the future expressed as a number (for an extreme example, see Tesla Inc.). It isn’t just that Arch’s old story no longer convinces; it’s increasingly unacceptable and thereby a burden on, rather than a boost to, value. Becoming truly steel-inspired requires being a touch coal-amnesic.(1) You'll find a couple of instances further down in the safe-harbor language, but who reads that? Of course we all read that.(2) All figures are aggregated for the period 2017 through the first quarter of 2020.(3) Amove of just $25 a ton in the price of metallurgical coal is enough to swing Arch’sEbitda by $175 million, as per Arch Resources' investor presentation on May 15, 2020. Data are pro-forma for the start up of the Leer South project in West Virginia.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Arch Coal, Inc. (NYSE:ARCH) today announced a change in the location of its 2020 Annual Meeting of Stockholders (the "Annual Meeting") due to the public health risks related to the coronavirus disease 2019 (COVID-19). The Annual Meeting will be held by remote communication only, in a virtual meeting format, on Thursday, April 30, 2020 at 10:00 a.m. Central Time. Shareholders will not be able to attend the Annual Meeting in person. As described in the proxy materials previously distributed in connection with the Annual Meeting, stockholders as of March 10, 2020, the record date, are entitled to vote at the Annual Meeting.