Company Quick10K Filing
Ramaco Resources
10-Q 2020-03-31 Filed 2020-05-12
10-K 2019-12-31 Filed 2020-02-20
10-Q 2019-09-30 Filed 2019-11-05
10-Q 2019-06-30 Filed 2019-08-13
10-Q 2019-03-31 Filed 2019-05-07
10-K 2018-12-31 Filed 2019-03-19
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-06
10-Q 2018-03-31 Filed 2018-05-15
10-K 2017-12-31 Filed 2018-03-21
10-Q 2017-09-30 Filed 2017-11-08
10-Q 2017-06-30 Filed 2017-08-14
10-Q 2017-03-31 Filed 2017-05-10
10-K 2016-12-31 Filed 2017-03-28
8-K 2020-05-12 Earnings, Regulation FD, Exhibits
8-K 2020-04-27 Officers, Exhibits
8-K 2020-04-15 Enter Agreement, Off-BS Arrangement, Officers, Other Events, Exhibits
8-K 2020-02-20 Earnings, Regulation FD, Exhibits
8-K 2019-12-10 Officers, Exhibits
8-K 2019-11-05 Earnings, Regulation FD, Exhibits
8-K 2019-09-24 Officers, Shareholder Vote
8-K 2019-08-13 Earnings, Regulation FD, Exhibits
8-K 2019-06-25 Officers, Shareholder Vote
8-K 2019-05-07 Earnings, Regulation FD, Exhibits
8-K 2019-04-29 Officers, Regulation FD, Exhibits
8-K 2019-03-19 Earnings, Regulation FD, Exhibits
8-K 2019-02-20 Earnings, Officers, Regulation FD, Exhibits
8-K 2018-12-04 Regulation FD, Exhibits
8-K 2018-11-07 Earnings, Regulation FD, Exhibits
8-K 2018-11-05 Regulation FD, Exhibits
8-K 2018-11-02 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-09-11 Regulation FD, Exhibits
8-K 2018-08-06 Earnings, Regulation FD, Exhibits
8-K 2018-06-11 Enter Agreement, Off-BS Arrangement, Officers, Shareholder Vote, Exhibits
8-K 2018-05-15 Earnings, Regulation FD, Exhibits
8-K 2018-03-21 Earnings, Regulation FD, Exhibits
8-K 2018-02-22 Earnings, Regulation FD, Exhibits
8-K 2018-01-19 Earnings

Ramaco Resources Financials

METC Metrics, Comps, Filings

Quarterly | Annual

Business

Ramaco Resources, Inc. is a Delaware corporation formed in October 2016. Our principal corporate offices are located in Lexington, Kentucky. We completed our initial public offering (“IPO”) on February 8, 2017 and our common stock is listed on the NASDAQ Global Select Market under the symbol “METC.”

As used herein, “Ramaco Resources,” “we,” “our,” and similar terms include Ramaco Resources, Inc. and its subsidiaries, unless the context indicates otherwise.

We are an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. We are a pure play metallurgical coal company with 248 million tons of high-quality metallurgical coal reserves and advantaged geology leading to lower cash costs. Our near-term development portfolio includes four key assets: Elk Creek, Berwind, RAM Mine and Knox Creek.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Peabody Energy (BTU) 1,609,926 0% 3.0 1% 6,792,500 3,807,500 3,506,000 0 91,300 703,900 2,126,926
Arch Coal (ARCH) 1,320,331 15% 3.4 17% 1,934,600 1,229,164 2,395,835 351,226 328,444 424,007 1,437,684
Warrior Met Coal (HCC) 997,409 48% 1.4 49% 1,349,582 603,645 1,423,769 677,148 655,140 797,431 1,126,926
Contura Energy (CTRA) 535,567 0% 4.0 -1% 2,669,888 1,800,950 2,363,268 0 -18,836 187,859 745,260
CONSOL Energy (CEIX) 432,274 0% 3.0 4% 2,723,235 2,129,788 1,470,504 0 122,191 339,521 1,003,038
Hallador Energy (HNRG) 178,469 12% 7.4 -0% 508,811 252,304 244,719 30,042 -67 45,773 339,382
Natural Gas Services (NGS) 176,366 0% 33.8 -4% 296,996 46,505 74,898 0 -11,584 4,646 156,884
Unit (UNT) 175,794 -15% -42.7 -9% 2,539,909 1,351,162 725,064 -108,068 -221,181 -22,549 963,382
Forum Energy Technologies (FET) 170,957 23% -0.6 -78% 1,199,152 713,690 1,029,704 237,795 -938,352 -886,417 541,865
Cypress Energy Partners (CELP) 155,608 13% 10.9 9% 171,742 115,189 399,289 52,297 15,351 20,411 223,251
Ramaco Resources (METC) 154,730 28% 3.6 12% 227,756 60,543 228,788 64,622 26,440 46,341 165,998
Ion Geophysical (IO) 138,466 45% -5.7 -20% 254,990 278,096 206,564 92,592 -52,207 -40,206 230,781
Independence Contract Drilling (ICD) 131,858 0% 965.8 -6% 538,545 171,910 300,919 0 -34,375 264 254,984
Foresight Energy (FELP) 46,692 0% 20.0 -3% 2,385,563 1,877,628 977,977 0 -67,720 65,922 1,320,943
Cloud Peak Energy (CLD) 6,161 0% 0.0 -413% 326,662 689,597 711,073 0 -1,347,705 -1,310,234 -64,921
BHP Billiton (BBL)
Consol Coal Resources (CCR) 0% 2.3 7% 504,378 286,084 253,135 0 36,577 74,711 172,874
Natural Resource Partners (NRP) 0% 2.1 12% 1,243,904 613,063 269,545 0 143,298 201,353 432,227
Alliance Resource Partners (ARLP) 0% 1.0 16% 2,627,089 1,275,798 2,040,222 0 431,762 686,123 683,662

Balance Sheet ($'000)2017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash13,9682,8589,2635,9347,3245,9115,4826,9511,9395,5415,498
Accounts Receivable1,5741,8702,6177,16523,49628,26631,28810,72927,28526,09930,054
Inventory2,1702,4153,95210,05810,13111,2957,95114,18515,02716,59312,644
PP&E63,71388,334103,011115,451125,826136,575144,470149,205156,343164,193171,945
Assets149,424149,088143,547148,098173,275188,227196,178188,244206,691218,137227,756
Accounts Payable10,11716,30714,48519,53328,32720,06222,72316,39315,24716,32513,851
Long-Term Debt9,58918,73715,00216,766
Liabilities24,37927,53027,90534,70154,06158,11459,15947,13557,80557,57860,543
Stockholders' Equity125,046121,558115,642113,397119,214130,112137,019141,109148,886160,559167,213
Income Statement ($'000)2017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue11,53811,07414,40524,01955,94365,27862,16644,18757,46065,76161,380
Cost of Revenue1,0086870044,33147,86049,40634,95841,00643,21944,983
Gross Profit10,53010,38614,40524,01911,61217,41812,7599,22916,45422,54216,397
R&D
SG&A3,2872,2273,2382,9233,4313,6923,4843,9604,7034,464
Tax0000743642631,3582,1681,133
Net Income-3,093-3,488-6,236-2,6005,26621,7056,2113,3946,88310,6135,550
Cash Flow ($'000)2017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-6,194-1263,7683,4364,67412,363-5,89119,00512,514
Cash Investing-15,862-9,485-7,098-7,569-14,709-12,405-8,199-11,538-14,306
Cash Financing30,828-1,50005,5228,622-3879,078-3,8651,749