Contura  Energy  has  updated  its  preliminary fourth-quarter 2016 earnings report and shed 

more light on the boost in metallurgical coal prices seen at the end of the year. 

In a release late Friday, the miner reported Central Appalachian met coal sold for an average 

realized  price  of  $120.08/st  in Q4, almost 21% higher than the $99.41/st average spanning 

the company's formation July 26 through the end of the year. 

As  of  March 7, Contura  said it had 2.4 million st of CAPP met coal committed this year at an 

average price of $124.98/st FOB mine. 

The  company's  trading  and  logistics  segment, which  includes  an  ownership  stake in the 

Dominion Terminal Associates terminal, shipped coal at an average price of $153.68/st in Q4, 

up from $106.96/st for the year. 

Coal  prices  from  Contura's  other US basins saw some strengthening in Q4 but values were 

relatively flat through the year. Coal from the company's Powder River Basin mines averaged 

$10.88/st  in  Q4, up  from  $10.83/st  for  the year; and Northern Appalachian coal averaged 

$45.70/st in Q4, up from $45/st for the year. 

Contura  said it has 29.3 million st of PRB coal committed for this year at an average price of 

$11.35/st and 7.9 million st of NAPP coal at an average of $42.80/st.