good everyone. John, and morning, Thanks,
level we weak franchise at our pricing third in to even noted, in the strong core With costs, in margins, continued volumes perform coal quarter. a coking a environment. quartile John solid very first operating As our high generated
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We’re pleased progress made in we’ve with the QX.
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on a the book, a over minority maintaining value the While presence we States and good see American both of generally in XX% meaningful of our years, in order market the several United represents Canada. the North last overall sales
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our XX% seaborne both billion in confident coal to and into market to in value our international coking All our the we that market will significant using for index-based have create move we’re a our of we’ve the agreements X.X ability coal Arch. pricing. entered the assuming about for XXXX into this products volumes told, of similar year run placed, rate place to year. coking balance manner into a tons now next Consequently, To-date, customers
great amounts generating cash and thermal to from coking cash in Supplementing solid with segments. again our our free harvesting discipline generated levels assets Both the strategy margins of in our demonstrate during those turned capital of our coal assets Arch continued franchise, significant thermal keeping of in high spending quarter. of
This capital. million we EBITDA a just All operation while is has told, million combined Since $XX capital. back XXXX. our more October of last generated $XX look spent only million harvesting strategy when to you EBITDA in generated of million $XXX $XX of quarter, striking our and thermal assets thermal even adjusted in expending segment-level then,
put QX track use remains excess ongoing program start-up. build-out the capital in Leer the for that As on we both longwall cash good which return mine, South quarters, and our recent a of XXXX to in
the competitive and to and platform to thermal challenging We as with process. engage make increasingly confident long-term review Federal Moving our employees prove Commission we that way supply to efficient, through venture combination will the all an shareholders, we stable including Peabody, the by stakeholders, Trade in this continue a remain business customers, marketplace. cost beneficial regulatory joint creating our with
to we our the momentum quarters. and in on expected. further foundation appreciate, laying other cannot can progressing summary, In improvements comment process than continued coming demonstrate the you are for As across we excellent we’re things as specifically platform, say to the operating
quarter our results expect in a cash dampen While fully deliver flows highly fourth our franchise continue for position. shareholders. as last compared segment and still for lower quarter, this, to volume value thermal for will coal we’re our With to believe realizations excellent to desirable projections we we our and strong coking reduced
Drexler, that, call CFO. turn With to over John? I’ll our John the
