ARCH - Arch Resources: Stars Aligned For Triple-Digit Returns Into 2022

• Supply constraints have sent the price for Arch's primary product, coking coal, skyrocketing.
• While 2022 is still months away, Arch is already locking in committed sales at prices more than +150% higher year over year.
• Arch's 2022 free cash flow could conservatively be forecasted to approach $1.3B, nearly covering the company's entire current market cap of $1.6B.
• Management's history of eschewing M&A while favoring share buybacks opens the door to significant returns for shareholders.
• My price target of $175 per share implies 100% in upside from current levels.

For further details see: