CTRA seems very interesting, it just up-listed into the NYSE. After the recent merger, it's now the largest met coal supplier in the USA and the financials are not updated on most sites.
Will have around 450m in unrestricted cash at the end of the year, possibly closer to 600m if 100m in restricted cash moves into being unrestricted and 75m in tax receivables comes through.
Met coal futures pricing show by the end of next year it could have its market cap in cash, 1.2-1.3B
Will probably give out a $20-30 special dividend very soon and a really big one end of the next year.
FCF is huge. One model on seeking alpha shows 600m for 2019 factoring in the met coal futures price.
I got most my information from this
post on seeking alpha. Was wondering what some of you guys think of this.