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Posts related to ‘coal’

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Peabody Story Drags Coal Stocks Lower (BTU, ANR, ACI, CNX, JRCC, WLT, CLD)

Posted: January 30, 2013 at 1:35 pm

Peabody Energy Corp. (NYSE: BTU) reported fourth quarter and full-year 2012 results yesterday that were objectively awful, but not bad in context. At least that’s what everyone thought yesterday when ...
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Coal Miner Says Sales to Exceed Guidance

Posted: December 21, 2012 at 10:35 am

Canadian mining firm Teck Resources Ltd. (NYSE: TCK) announced this morning that the company expects fourth quarter coal shipments to exceed its prior guidance of 6.2 million metric tons. The ...
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Canadian Pacific to Write Down $180 Million

Posted: December 3, 2012 at 9:27 am

Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of ...
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Just Loving Coal is Not Enough

Posted: October 5, 2012 at 1:33 pm

Following Governor Romney’s statement in Wednesday night’s presidential debate that, “I love coal,” coal stocks got a nice boost in yesterday’s trading, with shares rising nearly 12% at James River ...
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Rise in Coal Stocks Leads Energy Sector (JRCC, ANR, WLT, ACI, BTU, CNX, CLD, KOL)

Posted: September 14, 2012 at 11:09 am

Yesterday’s FOMC decision to provide more stimulus for the U.S. economy pushed stocks higher in every sector. The energy sector has done better than most as investors believe that economic ...
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Today’s Market Winners and Losers

Posted: July 10, 2012 at 11:40 am

Stocks are mixed today, with the Dow Jones Industrial Average is up 0.11%,  the Nasdaq down 0.43% and the S&P 500 down 0.18% as of late morning. The big trading ...
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Coal Stocks Soar — Good News from Europe, Not China!

Posted: July 3, 2012 at 12:29 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are up nearly 30% today and other coal companies are tagging along. James River Coal Co. (NASDAQ: JRCC) is up almost 9.5%, Arch ...
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Coal Stands to Lose Even More Following Court Ruling (PCX, ANR, ACI, BTU, JRCC, WLT, CNX, CLD, KOL)

Posted: June 27, 2012 at 7:39 am

An appeals court in the District of Columbia has ruled that the US Environmental Protection Agency was “unambiguously correct” in taking steps to set limits on greenhouse gas emissions. The ...
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Arch Coal Shuts Down Appalachian Plants (ACI, PCX, ANR, BTU, JRCC, CNX, WLT, CLD)

Posted: June 22, 2012 at 9:32 am

More bad news last night from the coal miners. Arch Coal Inc. (NYSE: ACI) announced that it would fire approximately 750 full-time employees and close 3 of its “higher-cost” thermal ...
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Patriot Coal Falls Again (PCX, ACI, JRCC, ANR, BTU, WLT, CLD)

Posted: June 13, 2012 at 2:22 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are dropping like a rock again today on no specific news. Other coal miners are faring somewhat better, with Arch Coal Inc. (NYSE: ...
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Arch Coal’s Bad Results Could Get Worse (ACI, BTU, ANR, PCX, JRCC, CLD)

Posted: May 1, 2012 at 11:39 am

No one was expecting much from Arch Coal Inc. (NYSE: ACI) when it reported first-quarter results this morning. And that’s just what investors got. The company reported an adjusted EPS ...
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Coal Exports Rose, But Low Domestic Prices Hurt (BTU, ACI, ANR, CLD)

Posted: April 11, 2012 at 10:24 am

US coal miners exported 107 million tons of coal in 2011, most of it to Asia. That’s nearly double total US coal exports just five years earlier, and the shipments ...
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Coal Stocks Beaten Up on New EPA Emissions Rules (BTU, ANR, PCX, ACI, JRCC, KOL)

Posted: March 28, 2012 at 12:21 pm

Yesterday’s publication of proposed new carbon emissions rules related to electricity power generating plants have taken even more steam out of US coal company stocks. The new rules are generally ...
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Coal Miner Lowers Profit Outlook (WLT)

Posted: March 26, 2012 at 12:50 pm

Coal miner Walter Energy Inc. (NYSE: WLT) this morning lowered its revenue and profit forecasts for the current quarter, but, in a bit of an odd turn, maintained its ...
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Coal Stocks Lifted on Rumor of Buyout (WLT, BRK-A, BRK-B, BHP, AAUKY, ANR, BTU, PCX, KOL)

Posted: March 16, 2012 at 2:29 pm

British newspaper The Guardian has a blog post saying there is speculation that US coal miner Walter Energy Inc. (NYSE: WLT) could be a ripe for a takeover fight among ...
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