|
|
 |
|
Viewing report
|
|
|
|
Arch Coal Inc. Sep 08
Standard & Poors, Sep 2008
Abstract
Good market position; Large and diversified reserve base; and Significant percentage of reserves consists of low-sulfur coal. Aggressive debt leverage; Cost pressures (particularly in the eastern U.S. region); and Challenges posed by the inherent risks of coal mining. The rating on Arch Coal Inc. reflects ongoing cost pressures in the company's eastern operations, challenges posed by the inherent risks of coal mining, a somewhat aggressive growth strategy, and high debt levels. Still, Arch benefits from strong industry conditions and maintains a diversified base of coal reserves. Arch, one of the leading producers of coal in the U.S., has approximately 2.9 billion tons of coal reserves, with 63% of these reserves in the Powder River Basin and the rest split among...
Companies mentioned in this report are: Arch Coal Inc.,Arch Western Resources LLC,Arch Western Finance 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
|
|
|
|
