Investor Relations

The North American Coal Corporation

The North American Coal Corporation > more information

North American Coal operates surface mines that supply coal primarily to power generation companies under long-term contracts, and provides other value-added services to natural resource companies. In addition, its North American Mining business operates and maintains draglines and other equipment under contracts with sellers of aggregates. North American Coal’s service-based business model aligns its operating goals with customers’ objectives.

Market Position
North American Coal is among the ten largest coal producers in the United States (as of December 31, 2017). Coal is delivered from developed mines in North Dakota, Texas, Mississippi and Louisiana to adjacent or nearby power plants or coal processing facilities.

Competitive Advantages

  • Coal mines provide steady income and cash flow before financing activities 
  • 1.9 billion tons of lignite coal reserves, of which approximately 1.0 billion are committed to current customers
  • Coal contracts are structured to eliminate exposure to market fluctuations in coal prices
  • Outstanding operational and technological mining skills
  • Excellent record of environmental responsibility and employee safety
  • Highly efficient heavy equipment utilization

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Certain statements on this page that are not historical facts are forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the posting of this data to the website. Click here to see the Company's full Forward-Looking Statement Disclaimer/Risks and Uncertainties Statement.

2017 Financial Results

  • Revenues: $104.8 million
  • Operating Profit: $39.8 million
  • Income before tax: $37.2 million

Strategic Initiatives

  • Actively pursue additional opportunities to serve as a contract miner in new or existing coal mining operations
  • Pursue opportunities in non-coal mining operations, such as aggregates or other minerals
  • Pursue opportunities to expand value-added services

 

Disclaimer

The summary data (including definitions) presented is provided by Q4's partner Virtua a supplier of financial information to the financial community. NACCO Industries, Inc. neither represents nor warrants that the data accumulated and published by Virtua is accurate.

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