|
|
 |
|
Viewing report
|
|
|
|
Arch Coal Inc. Jul 04
Standard & Poors, July 2004
Abstract
Diversified coal reserves; Significant percentage of reserves consisting of compliance and low-sulfur coal; and Strong coal markets. High costs at eastern operations; Operational challenges in Appalachian region; and Aggressive debt leverage. The ratings on St. Louis, Mo.-based Arch Coal Inc. reflect strong coal markets, the company's diversified base of coal reserves, its high percentage of low-sulfur coal deposits, offset by difficult operating conditions in the east, and an aggressive financial profile. With about 100 million tons of coal produced during 2003, Arch is one of the top three U.S. coal producers, accounting for approximately 10% of U.S. coal production. The company operates numerous mines in the eastern and western coal producing regions of the U.S. While the majority of Arch's...
Companies mentioned in this report are: Arch Coal Inc.,Arch Western Resources LLC
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
