Arch ResourcesNYSE: ARCH

Despite the expected drop in U.S. coal production volumes, Zacks Coal industry players like Arch Resources (ARCH), Alliance Resource Partners (ARLP) and SunCoke Energy (SXC) are likely to remain competitive with improving coal export volumes.

Arch Resource (ARCH) continues to see positive results from its robust metallurgical operations. It reduces its share volume by 3% in the quarter.

Arch Resources (ARCH) reported quarterly earnings of $2.98 per share, exceeding the Zacks Consensus Estimate of $2.79 per share. This is a decrease from earnings of $10.02 per share in the same quarter last year.

The Port of Baltimore is a prominent port on the East Coast of the United States and has long been a key location for coal exports. Ships would have previously had to pass under the Francis Scott Key Bridge to reach the port.

Arch Resources (ARCH) lacks the necessary elements for a potential earnings surprise in its upcoming report. Be ready for the expected results.

Mid-cap stocks offer a compelling story during uncertain times in the market. In other words, it may be wise to stay in the middle lane and avoid making drastic decisions.

The Francis Scott Key Bridge in Baltimore was struck by a cargo ship, causing significant damage and loss of life. The accident has disrupted major supply chains, particularly in maritime transportation and the traffic situation in the Baltimore area. Automotive companies are finding alternative shipping routes, while coal exporters are facing a shutdown of coal exports for at least six weeks.

Arch Resources is a major coal mining company in the US, with a focus on metallurgical coal production. Q4 2023 saw an increase in earnings due to higher met coal sales prices and decreased operating costs. ARCH plans to decrease its share count through buybacks and is committed to returning 100% of discretionary cash flow to shareholders.

Cash offers flexibility to make decisions, means to make potential investments and fuel to run its growth engine. Therefore, MOD, GFF, ARCH and GCT, with rising cash flow, are worth buying.