Outlook 2013: The Case for a Coal Recovery
It is almost impossible to consider that troubles of such a magnitude could turn around in an instant, but that may actually be the case. We have taken a look ...Read Full Story »
Posts related to ‘CNX’
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Coal Miner Issues Profit Warning
Coal miner Consol Energy Inc. (NYSE: CNX) this morning said that the company would report a net loss for the third quarter that ended on September 30. The company’s CFO ...Read Full Story »
Coal Stocks Get a Dose of Reality (ANR, BTU, WLT, ACI, JRCC, CNX, CLD, KOL)
As natural gas prices rise along with a forecast for a colder winter in the U.S., U.S. coal stocks have benefited from a burst of enthusiasm since early October. Share ...Read Full Story »
Just Loving Coal is Not Enough
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 ...Read Full Story »
Rise in Coal Stocks Leads Energy Sector (JRCC, ANR, WLT, ACI, BTU, CNX, CLD, KOL)
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 ...Read Full Story »
CONSOL Projects Fix Date for Broken Conveyor, Stock Leaps (CNX)
Coal miner Consol Energy Inc. (NYSE: CNX) was forced to close two of its southwestern Pennsylvania coal mines at the end of July due to the collapse of two conveyor ...Read Full Story »
24/7 Wall St. Closing Bell — July 26, 2012: Market Jumps on ECB President’s Vow
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). ...Read Full Story »
24/7 Wall St. Closing Bell — July 25, 2012: Markets Mixed on Spotty Earnings Reports
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). ...Read Full Story »
Coal Miners Face Years of Low Prices, Problems
Billionaire Wilbur Ross, who founded International Coal Group in 2005 and sold the company to Arch Coal Inc. (NYSE: ACI) last year for $3.4 billion, told Bloomberg News that current ...Read Full Story »
Top Analyst Upgrades & Downgrades (AMD, AXP, APO, BPI, COF, LNG, CQP, JCP, LTD, LNKD, MM, NWSA, NCT, NTRS, LUV, STT, AMTD, TIVO, TROW, TSN, AAPL, PCX, ANR, CNX)
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target ...Read Full Story »
Patriot Coal Rides the Rocket Again — Short Covering?
Coal miner Patriot Coal Corp. (NYSE: PCX) continues to skyrocket again today, taking up where it left off on Tuesday when the shares gained more than 32%. The stock is ...Read Full Story »
Coal Stands to Lose Even More Following Court Ruling (PCX, ANR, ACI, BTU, JRCC, WLT, CNX, CLD, KOL)
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 ...Read Full Story »
Arch Coal Shuts Down Appalachian Plants (ACI, PCX, ANR, BTU, JRCC, CNX, WLT, CLD)
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 ...Read Full Story »
Coal Stocks: The New Solar Sector or a Value Choice? (BTU, CNX, WLT, ANR, ACI, JRCC, PCX, CLD, KOL)
Coal stocks are taking another hit today, although there has been a slight bounce in the late morning. Buyers must hold the opinion that the stocks have reached or nearly ...Read Full Story »
Coal Stocks Stumble Again (JRCC, PCX, CNX, ANR, ACI, WLT, BTU)
US coal stocks are getting pummeled again today, with James River Coal Co. (NASDAQ: JRCC) and Patriot Coal Corp. (NYSE: PCX) leading the downturn. Downgrades to Patriot Coal from UBS ...Read Full Story »
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