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Posts related to ‘CNX’

Patriot Coal’s Starts Bloodbath for Coal Miners (PCX, BTU, ACI, CNX, ANR, JRCC, WLT, CLD, KOL)

Shares of Patriot Coal Corp. (NYSE: PCX) are in freefall this afternoon on a report from Debtwire that the company is seeking a firm to help with its restructuring. The ...
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Coal, Natural Gas Reaching Price Parity (XOM, CHK, EOG, CNX, BTU, ANR, ACI)

Natural gas prices have been rising, getting to around $2.75/thousand cubic feet last week before falling back a little to around $2.69. At this level, coal once again enters the ...
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Patriot Coal Leads the Way to New Lows

Today’s not a good day to be in the coal business. Miner Patriot Coal Corp. (NYSE: PCX) announced this morning that it was lowering both shipment and price forecasts for ...
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S&P Cuts Outlook on Coal Miner (CNX, ACI, ANR, WLT)

Ratings agency S&P has lowered its outlook on coal miner Consol Energy Corp. (NYSE: CNX) from ‘positive’ to ‘stable’, while maintaining a ‘BB’ junk rating on the company’s debt. Earlier ...
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Top Analyst Upgrades & Downgrades (AAPL, CELG, CLD, CNX, DRQ, EIX, NOK, PPL, LEN, PHM, TOL)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday (Friday the 13th). Apple Inc. (NASDAQ: AAPL) Reiterated Buy and Raised ...
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How Bad are Coal Stocks? (JRCC, ACI, ANR, BTU, PCX, CNX)

Concerns about the global economic recovery and the ability of emerging markets, especially China, to keep growing are affecting prices for many commodities, including coal. Adding to coal’s problem is ...
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Arch Coal Tumbles on Earnings, Forecast (ACI, ANR, PCX, BTU, CNX)

Arch Coal Inc. (NYSE: ACI) reported fourth quarter and full year earnings this morning, and, like most other coal miners, the fourth quarter was just okay, while the outlook for ...
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Lower Coal Demand, Odd Investor Outlook (ANR, PCX, BTU, CNX, ACI, KOL)

US coal miners had a tough fourth quarter and most are expecting the same conditions for at least the first half of 2012. Alpha Natural Resources Inc. (NYSE: ANR), Patriot ...
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Coal Miners Win a Meaningless Battle over Mountaintop Removal Mining (ACI, ANR, BTU, CLF, CNX, PCX, KOL)

Coal company stock prices hit a five-year high in the summer of 2008, just before the Lehman Brothers bankruptcy sent the entire global economy into a tailspin. Five-year lows hit ...
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M&A Value For American Coal Players? (WLT, KOL, CNX, BTU, ANR)

Walter Energy, Inc. (NYSE: WLT) is the next M&A target if the daily rumor mill has any truth to it.  The rumor is that Anglo American is weighing on whether ...
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The Weeks Stock Market Winners: Eli Lilly, Goodyear, General Mills, and More

The number of stocks that made substantial gains for the week was limited. The great exception to that rule was Petrohawk Energy Corporation Co (NYSE: HK) which jumped 62.5% on ...
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Top Analyst Upgrades & Downgrades (AEG, AA, AGU, RDEA, CTL, CERN, COP, CNX, DMND, FCX, GOOG, IBN, JPM, NEM, BTU, SWC, STM, RIG, VICL)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON N.V. (NYSE: AEG) maintained "Buy" but removed from Conviction ...
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Commodities Watch: Why Coal Is Back In Favor With Goldman Sachs (PCX, BTU, CNX, WLT, TCK, KOL)

A Goldman Sachs analyst has raised the coal sector from 'Neutral' to 'Attractive' this morning. The big gainer was Patriot Coal Corp. (NYSE: PCX) which was raised from 'neutral' to ...
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Top Analyst Upgrades & Downgrades (BHI, BIIB, BRCD, COF, CLS, CNX, FGP, TFM, INTC, DATE, KOS, MCK, MCP, PCX, PTEN, BTU, PFCB)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Baker Hughes Inc. (NYSE: BHI) Reiterated Hold at Argus. Biogen ...
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Merger Bonanza, The Shrinking Coal Sector (ACI, ICO, ANR, MEE, WLT, RIO, RFLMF, CNX, BTU, PCX, JRCC, KOL)

Arch Coal, Inc. (NYSE: ACI) has finally pulled the trigger on an acquisition that has probably been in the works for months. The coal miner has announced an all-cash acquisition ...
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