2006 News Releases

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12/11/06Arch Coal Elects Lang as Senior Vice President of Operations
ST. LOUIS (December 11, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that its board of directors has elected Paul A. Lang as senior vice president of operations. Lang most recently led Arch's western operations as president of Arch Western Resources LLC. "Paul has done an outstanding job leading Arch's western operations during a period of tremendous growth and change," said John Eaves, president and chief operating officer of Arch Coal. "We think Paul is ideally suited to help A... 
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11/21/06Arch Coal Ranks in Top 10 Among 800 Annual Reports
ST. LOUIS (November 21, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that it earned a place in the 16th Annual Triad Top Ten for its most recent annual report to shareholders among more than 800 Midwest public companies. The Triad Awards Report Program is sponsored and underwritten by three independent organizations: National Investor Relations Institute-Chicago, the American Institute of Graphic Arts (AIGA) and DePaul University's Department of Finance. Annual reports are solicited... 
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11/09/06Arch Coal's Teacher Achievement Awards Program Begins in Four Utah Counties
PRICE, Utah (November 9, 2006) – The Arch Coal Foundation is expanding its prestigious Teacher Achievement Awards program to include four Utah counties – Carbon, Emery, Sanpete and Sevier – beginning this school year. These counties surround Arch's Dugout Canyon, Sufco and Skyline mines. Five teachers from the four counties will be selected as recipients of a $2,500 personal, cash award. The awards are expected to be made near the end of the school year. The signature awards program is u... 
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10/27/06Arch Coal Foundation Pledges $100K to Promote Mine Safety and Technology Development Program at Marshall University
CHARLESTON, W.Va. (October 27, 2006) - The Arch Coal Foundation today announced that it would donate a total of $100,000 over the next three years to Marshall University's new Mine Safety Technology Innovation Capability and Regional Business Development program. "This program will help focus some of the country's best minds on identifying new technologies and practices for the next generation of coal mining safety," said Steven F. Leer, chairman and chief executive officer of Arch Coal, ... 
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10/26/06Arch Coal Declares Quarterly Dividend
ST. LOUIS (October 26, 2006) – The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of $0.06 per share on the company's common stock. The dividend is payable December 15, 2006, to shareholders of record on December 5, 2006. St. Louis-based Arch Coal is the nation's second largest coal producer. The company's core business is providing U.S. power generators with clean-burning, low-sulfur coal for electric generation. Through its national network of min... 
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10/20/06Arch Coal, Inc. Reports Third Quarter Results
EPS increases 169% to $0.35 from $0.13 in prior-year period ST. LOUIS (October 20, 2006) – Arch Coal, Inc. (NYSE: ACI) today reported third quarter 2006 consolidated net income of $50.9 million, or $0.35 per fully diluted share, compared with $18.9 million, or $0.13 per fully diluted share, in the prior-year period. Arch more than doubled its income from operations during the third quarter of 2006, reaching $82.2 million compared with $34.2 million in the prior-year period. Adjusted EBITDA... 
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10/06/06Arch Coal's Third Quarter Conference Call To Be Webcast, Podcast
ST. LOUIS (October 6, 2006) – Arch Coal, Inc. (NYSE:ACI) will discuss its third quarter 2006 financial results in a conference call that will be broadcast live over the Internet on Friday, Oct. 20 at 11:00 a.m. EDT. Participating on the call will be Arch's Chairman and Chief Executive Officer Steven F. Leer, President and Chief Operating Officer John W. Eaves and Senior Vice President and Chief Financial Officer Robert J. Messey. The webcast will be accessible via the "investor" section ... 
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10/04/06Arch Coal Expands Commercial Analysis Team; Metzroth Joins As Vice President of Analysis and Strategy
ST. LOUIS (October 4, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that Lawrence "Larry" Metzroth will join the company on October 16 as Vice President of Analysis and Strategy, and will report to C. Henry Besten, senior vice president of Strategic Development. Metzroth will be responsible for providing Arch Coal with global economic and energy market intelligence, analyses and insights. Reporting to Metzroth will be Arch Coal Sales' Vice President of Market Research Andy Blumenfeld... 
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10/02/06Jennifer Johnson Named President of Arch Coal's Arch Energy Resources Subsidiary
ST. LOUIS (October 2, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that Jennifer J. Johnson has been named President of Arch Energy Resources, and will report to David Warnecke, Arch Coal's vice president of marketing and trading. In this new role, Johnson will be responsible for developing and implementing a corporate strategy for revenue risk management and optimization of Arch Coal's annual coal supply of more than 140 million tons. The Arch Energy Resources group will encompas... 
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09/27/06Interior Department Honors Arch Coal's Black Thunder Mine with National Good Neighbor Award for Superior Community Service
ST. LOUIS (September 27, 2006) - The U.S. Department of the Interior's Office of Surface Mining (OSM) has honored one of Arch Coal's (NYSE: ACI) mines for its exemplary interaction, communication and involvement with the surrounding communities. Black Thunder mine was recently presented with the 2006 National Good Neighbor Award in Washington, D.C. Black Thunder mine was selected from more than a dozen Good Neighbor award winners submitted at the state level. As one of the world's larg... 
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09/22/06Arch Coal's Skyline Mine Achieves Nation's Best Underground Safety Record, Earns Sentinels of Safety Award
ST. LOUIS (September 22, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that its Skyline mine achieved the nation's best underground coal mine safety record in 2005, according to the Mine Safety and Health Administration (MSHA). The prestigious Sentinels of Safety award was presented to Skyline at a banquet on Sept. 21 in Washington, D.C. The Skyline mine is located near Scofield, Utah, and utilizes both longwall and continuous mining systems. Skyline employees worked more than 28 ... 
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09/21/06Arch Coal, Inc. Announces New Share Repurchase Program
ST. LOUIS, (September 21, 2006) – Arch Coal, Inc. (NYSE:ACI) announced today that its Board of Directors has authorized the company to repurchase up to 14,000,000 shares of its common stock, effective immediately. The timing of any purchases, and the ultimate number of shares to be purchased, will depend on market conditions. The shares will be acquired in the open market or through private transactions in accordance with Securities and Exchange Commission requirements. The company had 14... 
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08/31/06Arch Coal Earns Ranking on InformationWeek 500 for Strategic Use of Advanced Information Technologies
ST. LOUIS (August 31, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that it has achieved the ranks of the InformationWeek 500 list for its strategic use of advanced information technologies. The top 2006 InformationWeek 500 companies will be revealed at a gala awards ceremony on September 11 in Rancho Mirage, Calif. "It is rewarding to receive public recognition for taking a progressive approach in our business practices," said Michael T. Abbene, Arch's vice president and chief infor... 
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08/30/06Arch Coal's Leer to Speak at Lehman Brothers CEO Energy/Power Conference on September 7, Live Webcast Available
ST. LOUIS (August 30, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that its Chairman and Chief Executive Officer, Steven F. Leer, will speak at the Lehman Brothers CEO Energy/Power Conference in New York City on Thursday, Sept. 7, 2006. Interested investors may access a live audio webcast of the presentation at 1:45 p.m. E.T. on Sept. 7 at Arch Coal's Web site at www.shareholder.com/archcoal/events.cfm. A replay of the webcast also will be available at the same URL for 30 days. ... 
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08/24/06Arch Coal Acquires Interest in DKRW Advanced Fuels
ST. LOUIS (August 24, 2006) - Arch Coal, Inc. (NYSE:ACI) today announced that it has acquired a 25% equity interest in DKRW Advanced Fuels, LLC. In exchange, Arch has agreed to extend its existing option agreement with DKRW Advanced Fuels, to work with DKRW Advanced Fuels to secure coal reserves for two additional coal-to-liquids projects outside of the Carbon Basin, and to invest $25 million in the company. DKRW Advanced Fuels is a subsidiary of Houston-based DKRW Energy LLC and the pr... 
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08/14/06Arch Coal To Again Sponsor Its West Virginia Teacher Achievement Awards Program in 2006-2007 School Year
Charleston, W.Va. (August 14, 2006) – The longest running, privately sponsored classroom teacher recognition program in West Virginia will continue, according to Arch Coal, Inc. Vice President of External Affairs John R. Snider. The Arch Coal Teacher Achievement Awards program will provide 12 exceptional West Virginia classroom teachers with a $2,500 cash prize in 2007, Snider said. The Arch Coal program asks that the public nominate the teachers, while a blue-ribbon panel of classroom te... 
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08/02/06Arch Coal Acquires Interest in Knight Hawk Coal
ST. LOUIS (August 2, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that it has acquired a one-third interest in Knight Hawk Coal, a growing coal producer in the Illinois Basin, in exchange for approximately $15 million in cash and 30 million tons of coal reserves. "We expect this transaction to create meaningful value for our shareholders," said Steven F. Leer, Arch's chairman and chief executive officer. "With its strong management team and skilled workforce, Knight Hawk is well posi... 
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08/02/06Arch Coal Will Again Sponsor Statewide Teacher Recognition Program In Wyoming
Wright, Wyo. (August 2, 2006) – Arch Coal, Inc. will again honor some of Wyoming's most talented and dedicated classroom teachers in the coming school year, according to Greg Schaefer, the company's vice president of external affairs. Ten exceptional classroom teachers will receive a $2,500 cash award from Arch Coal in the 2006-2007 school year, Schaefer said. This is the seventh year that Arch Coal will acknowledge superior classroom teaching with its statewide program. The Wyoming De... 
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07/27/06Arch Coal Declares Quarterly Dividend
ST. LOUIS (July 27, 2006) – The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of $0.06 per share on the company's common stock. The dividend is payable September 15, 2006, to shareholders of record on September 5, 2006. St. Louis-based Arch Coal is the nation's second largest coal producer. Through its subsidiary operations in Wyoming, Utah, Colorado, West Virginia, Kentucky and Virginia, Arch provides the fuel for approximately 6 percent of the e... 
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07/27/06Arch Coal Names Jennings to Board of Directors
ST. LOUIS (July 27, 2006) – Arch Coal, Inc. (NYSE: ACI) today announced Brian J. Jennings, 45, has been elected to its board of directors effective immediately. Jennings will serve on the board's finance and audit committees. "I'm pleased Brian has joined our board of directors," said Steven F. Leer, Arch Coal's chairman and chief executive officer. "Brian's expertise in corporate finance for the global energy industry will be extremely valuable to the board and Arch's objective of creat... 
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07/21/06Arch Coal, Inc. Reports Second Quarter Results
EPS increases to $0.48 compared to $0.01 in prior-year period St. Louis (July 21, 2006) – Arch Coal, Inc. (NYSE: ACI) today reported second quarter 2006 consolidated net income of $69.7 million, or $0.48 per fully diluted share, compared with $3.5 million, or $0.01 per fully diluted share, in the prior-year period. All earnings per share figures reflect the impact of the company's two-for-one stock split on May 15, 2006. During the quarter, Arch also raised its dividend by 50 percent to $0... 
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07/10/06Arch Coal's Second Quarter Conference Call To Be Webcast, Podcast
ST. LOUIS (July 10, 2006) – Arch Coal, Inc. (NYSE:ACI) will discuss its second quarter 2006 financial results in a conference call that will be broadcast live over the Internet on Friday, July 21, at 11:00 a.m. EDT. Participating on the call will be Arch's Chairman and Chief Executive Officer Steven F. Leer, President and Chief Operating Officer John W. Eaves and Senior Vice President and Chief Financial Officer Robert J. Messey. The webcast will be accessible via the "investor" section o... 
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06/08/06Eleven High School Graduates Named Arch Coal Scholars
ST. LOUIS (June 8, 2006) – Arch Coal, Inc. today announced that 11 recent high school graduates have been chosen as 2006 Arch Coal Scholars. The Arch Coal Scholars program honors outstanding scholastic achievement by the children of employees of Arch Coal and its subsidiaries. Each scholar will receive a $1,500 scholarship to an accredited college or university for up to four years. "Arch Coal is pleased to have the opportunity to honor such an outstanding group of graduates," said Steve... 
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05/31/06Arch Coal Announces 22 Recipients of Its Golden Apple Award in Wyoming
Wright, Wyo. (May 31, 2006) – Twenty two Wyoming classroom teachers received Arch Coal's "Golden Apple" award today. "Wyoming's classroom teachers deserve much credit, not just from students and parents, but from the state's businesses, too," according to Arch Coal's Greg Schaefer, vice president of external affairs, western region. "We count on our teachers to increase the knowledge and skills of the state's youth. I am always amazed at the accomplishments of the many talented teachers we ... 
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05/19/06Arch Coal Chairman and Chief Executive Officer Adopts 10b5-1 Plan
ST. LOUIS (May 19, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that Chairman and Chief Executive Officer Steven F. Leer has adopted a plan to sell a portion of his company stock as part of a planned sales program. The program allows Mr. Leer to diversify his asset portfolio by providing for the sale of shares of Arch Coal common stock in connection with exercises of vested stock options set to expire during 2006. Other Arch Coal officers and directors may also adopt 10b5-1 plans at ... 
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05/03/06Ten Outstanding Wyoming Teachers Receive Arch Coal Teacher Achievement Awards
CHEYENNE, WYO. (May 3, 2006) – Ten classroom teachers from Wyoming today were named recipients of Arch Coal Teacher Achievement Awards before an assembly of students, friends and family members at Johnson Junior High School in Cheyenne. Arch Coal Chairman and CEO Steven F. Leer, Arch Coal President and COO John W. Eaves, Gov. Dave Freudenthal, First Lady Nancy Freudenthal, Director of Administration for the Department of Education Mary Kay Hill, and Wyoming Education Association Executive Dir... 
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05/01/06Arch Coal's Board of Directors Elects Bumbico to Vice President of Safety
ST. LOUIS (May 1, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that its board of directors has elected Anthony S. Bumbico to Vice President of Safety. "We're pleased to recognize Tony's valuable leadership in this way," says John W. Eaves, president and chief operating officer of Arch Coal, Inc. "During Tony's first two years in the company's top safety position, our performance as measured by total incidents has improved by 24 percent. The company and its board are confident that To... 
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04/27/06Arch Coal Announces Two-For-One Stock Split and 50% Dividend Increase
ST. LOUIS (April 27, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced a two-for-one split of its common stock in the form of a 100% stock dividend. In addition, the company increased its quarterly dividend (on a pre-split basis) from $0.08 per common share to $0.12 per common share. The two-for-one stock split is payable on May 15, 2006 to stockholders of record on May 5, 2006, granting all shareholders one additional common share for every common share of ACI held on that date. Arch Coal has... 
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04/21/06Arch Coal, Inc. Reports First Quarter Results
EPS increases to $0.84 compared to $0.07 in prior-year period April 21, 2006 St. Louis – Arch Coal, Inc. (NYSE:ACI) today reported first quarter 2006 net income of $60.7 million, or $0.84 per fully diluted share, compared to $6.6 million, or $0.07 per fully diluted share, in the prior-year period. Income from operations more than tripled to $94.1 million, and adjusted EBITDA increased 82% vs. the prior-year period to $140.0 million. "Arch Coal achieved record operating results during th... 
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04/13/06Arch Coal Golden Apple Achiever Awards Presented to 12 West Virginia Teachers
Charleston, W.Va.. (April 13, 2006) – Twelve West Virginia teachers today were named recipients of the Arch Coal, Inc. Golden Apple Achiever Award, according to John Snider, the company's vice president for external affairs, eastern region. "The Golden Apple Achiever Award is presented to teachers who submitted exemplary applications in Arch Coal's Teacher Achievement Awards program," said Snider. "Our panel of judges can only select a dozen recipients for our Teacher Achievement Awards e... 
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04/06/06Arch Coal's First Quarter Conference Call To Be Broadcast On Internet
ST. LOUIS (April 6, 2006) – Arch Coal, Inc. (NYSE:ACI) will discuss its first quarter 2006 financial results in a conference call that will be broadcast live over the Internet on Friday, April 21, at 11:00 a.m. E.T. Participating in the call will be Steven F. Leer, Arch's president and chief executive officer, and Robert J. Messey, Arch's senior vice president and chief financial officer. The webcast will be accessible via the "investor" section of the Arch Coal Web site at http://investor... 
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03/17/06Former West Virginia Safety Director Joins Arch Coal
ST. LOUIS (March 17, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced that the former Director of the Office of Miners' Health, Safety and Training for the state of West Virginia will join the company on March 20. Jack Douglas "Doug" Conaway will become Arch Coal's director of corporate safety, reporting to Anthony "Tony" Bumbico, who occupies the lead safety role at Arch Coal. Conaway will be responsible for safety improvements and regulatory compliance initiatives. He will relocate to... 
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03/01/06Arch Coal Honors 12 West Virginia Educators With Teacher Achievement Awards
CHARLESTON, W.VA. (March 1, 2006) – Twelve outstanding classroom teachers in West Virginia today received coveted Arch Coal, Inc. Teacher Achievement Awards. The 12 teachers are: James C. BeattyElkins High SchoolElkins Barbara BlackWest Teays Elementary SchoolHurricane Christine J. CampbellMarlinton Middle SchoolBuckeye Brenda Kay ChadwellGeary Elementary Middle SchoolLeft Hand Pat DawsonConner Street Elementary SchoolHurricane Mona Wilson FloydBeckley Stratton Middle SchoolBucke... 
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02/24/06Arch Coal Announces Succession Plan to Ensure Continuous, Effective Leadership; Board Expands to Eleven Directors
ST. LOUIS (February 24, 2006) – Arch Coal, Inc. (NYSE:ACI) and its Board of Directors have approved a succession plan that will ensure strong and continuous leadership at Arch Coal in the years ahead. Following Arch Coal's annual meeting on April 28, President and Chief Executive Officer Steven F. Leer will become Chairman and Chief Executive Officer. Executive Vice President and Chief Operating Officer John W. Eaves will become President and Chief Operating Officer. Eaves will continue ... 
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02/23/06Arch Coal Declares Quarterly Dividends
ST. LOUIS (February 23, 2006) – The board of directors of Arch Coal, Inc. today declared quarterly dividends for its common and preferred shares. For the company's common stock (NYSE: ACI), the dividend of $0.08 per share is payable March 15, 2006, to shareholders of record on March 3, 2006. For the company's preferred stock (NYSE: ACI_p), the board declared a dividend of $0.625 per share, payable on May 1, 2006 to shareholders of record on April 14, 2006. St. Louis-based Arch Coal is t... 
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02/10/06Arch Coal, Inc. Reports Fourth Quarter Results
February 10, 2006 St. Louis – Arch Coal, Inc. (NYSE:ACI) today reported that it had a loss of $1.0 million, or $0.02 per fully diluted share, for its fourth quarter ended December 31, 2005. Excluding special items, which are listed below, Arch had income available to common shareholders of $17.9 million, or $0.25 per fully diluted share. Special items were comprised of: a gain of $46.5 million associated with the sale of a loadout, rail spur and idle office facility in the Powder Ri... 
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02/07/06Arch Coal Now Offers Podcasting and RSS Feeds
ST. LOUIS (February 7, 2006) - Arch Coal, Inc. (NYSE: ACI) now offers podcasting and RSS feeds - the latest on-the-go technology - for the replay of its quarterly earnings conference calls. Investors can download the MP3 audio file known as a "podcast" from Arch Coal's Web site to a personal computer, and then transfer it to an iPod or other MP3 player using a podcasting software application. The conference call replay is then portable, allowing investors to listen on the go. RSS tec... 
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01/23/06Arch Coal's Fourth Quarter Conference Call To Be Broadcast On Internet
ST. LOUIS (January 23, 2006) - Arch Coal, Inc. (NYSE:ACI) will discuss its fourth quarter 2005 financial results in a conference call that will be broadcast live over the Internet on Friday, February 10, at 11:00 a.m. E.T. Participating in the call will be Steven F. Leer, Arch's president and chief executive officer, and Robert J. Messey, Arch's senior vice president and chief financial officer. The webcast will be accessible via the "investor" section of the Arch Coal Web site at www.a... 
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01/05/06Arch Completes Reserve Swap, Sells Select Mining Assets to Peabody Subsidiary
ST. LOUIS (January 5, 2006) – Arch Coal, Inc. (NYSE:ACI) today announced a recently completed reserve swap with Peabody Energy that is expected to enable a more efficient future mine plan for Arch's Black Thunder mine in the Powder River Basin of Wyoming. In addition, Arch sold to Peabody a rail spur, rail loadout and idle office complex for a purchase price of $84.6 million. Arch plans to use a portion of the proceeds to build a new rail spur and state-of-the-art loadout facility in clos... 
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01/05/06Arch Coal Announces Results of Preferred Stock Conversion Offer
ST. LOUIS (January 5, 2006) – Arch Coal, Inc. (NYSE: ACI) today announced the results of its offer to pay a premium to holders of any and all of its 5% Perpetual Cumulative Convertible Preferred Stock who elected to convert their preferred stock to shares of the company's common stock subject to the terms of the offer. The conversion offer expired at midnight, New York City time, on Friday, December 30, 2005. On December 31, 2005, the company accepted for conversion all shares of pre... 
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01/03/06Arch Coal Reports on Progress at West Elk Mine
SOMERSET, Colo. (January 3, 2006) - Arch Coal, Inc. today announced that its efforts to suppress the combustion-related event at the West Elk mine appear to have been successful. The company has restarted the ventilation system and has begun to re-power the mine in preparation for the resumption of operations there. "While there is still a significant amount of work to be done, we are pleased to report that we have made solid progress toward the safe re-start of the mine," said John W. ... 
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01/03/06Arch Coal Sells Select Assets in Central Appalachia to Magnum Coal Company
ST. LOUIS (January 3, 2006) - Arch Coal, Inc. (NYSE:ACI) today announced that it has sold 100% of the stock of three subsidiaries and their associated mining operations and coal reserves in Central Appalachia to Magnum Coal Company, effective Dec. 31, 2005. Arch had previously announced plans to contribute these same assets to Magnum in exchange for a minority interest in Magnum. "We believe that today's announcement is in the best interests of the shareholders, customers and employees o... 
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