coal prices

coal train

Can Coal Miners Meet Even Modest Earnings Expectations?

While prices have recovered a little since beginning the year to around $48.50 per ton for central Appalachian thermal coal, mining companies are receiving about $13 a ton less than ...
Read Full Story »
coal train

What Drove Norfolk Southern Earnings Lower

We have another warning in the transportation sector. In March, Kansas City Southern (NYSE: KSU) warned that it would have a weaker-than-expected first quarter due to lower fuel revenues. It ...
Read Full Story »
coal

Can Coal Make a Comeback?

Coal prices in the United States have reached a six-year low and could fall further in 2015. The situation is little better internationally, where Australian coal prices fell more than ...
Read Full Story »
Coal stack on white

Arch Coal Sees Coal Sector Woes Continuing in 2015

The coal sector has been under pressure from the current administration for several years. After another rough 2014, the new outlook seems to be a status quo: stormy weather ahead. ...
Read Full Story »
close-up of red hot iron beams

Can Peabody and AK Steel Earnings Bring Turnarounds?

Tuesday is going to be a mess of the day in much of the Northeast, but corporate earnings will still be coming out in droves. Peabody Energy Corp. (NYSE: BTU) ...
Read Full Story »
coal train

Coal Outlook for 2015

It may be something of an understatement to say that 2014 was a tough year for the coal industry. U.S. coal consumption rose a little this year, but exports dropped ...
Read Full Story »
coal train

Arch Coal, CONSOL Earnings Hit by Low Prices, High Costs

CONSOL Energy Inc. (NYSE: CNX) reported third-quarter 2014 results before markets opened Tuesday. The coal miner posted adjusted diluted earnings per share (EPS) of $0.09 on revenues of $884.62 million. ...
Read Full Story »
coal

Coal Industry Ignores Positive Guidance From Peabody Energy

If there is any industry that is unloved by the current administration it is the coal industry. Coal is especially despised this week at the environmental climate change march in ...
Read Full Story »
coal train

Coal Miner Peabody at 10-Year Low, Drags Down Other Miners

It is too bad that U.S. coal companies can’t convince Apple to put a little coal in each iPhone the company sells. That may be the only thing that could ...
Read Full Story »
coal train

Why China’s Insatiable Appetite for Coal Has Likely Peaked

By Nick Cunningham of Oilprice.com A recent report from Greenpeace found that China's coal consumption declined in the first half of this year and new Chinese government data suggests that ...
Read Full Story »
coal

SinoCoking: From Cheers to Reality Check

SinoCoking Coal and Coke Chemical Industries Inc. (NASDAQ: SCOK) is far from your normal company covered be major media, and that makes its wild share price move that much more ...
Read Full Story »
electricity

Did Duke Get Enough in Midwest Asset Sale to Dynegy?

Duke Energy Corp. (NYSE: DUK) and Dynegy Inc. (NYSE: DYN) struck a deal on Friday for coal and natural gas generation in the Midwest. Unfortunately, Dynegy seems to have come ...
Read Full Story »
coal train

Alpha Natural Earnings (or Loss): When Less Bad Looks Wonderful

Alpha Natural Resources Inc. (NYSE: ANR) beat earnings by $0.19 and beat on revenues, and it maintained its 2014 shipments guidance for eastern metallurgical and eastern steam coals. For second-quarter ...
Read Full Story »
coal

Why Less Bad in Arch Coal Earnings Just Is Not Good Enough

Arch Coal Inc. (NYSE: ACI) was a Hail Mary call in our stock picks that could double in 2014, mostly as the least ugly piglet of the small cap coal ...
Read Full Story »
coal train

Goldman Sachs Conviction Buy List Surprises: MLP and Coal

If one brokerage firm on Wall Street can generate excitement with stocks to buy, it is Goldman Sachs. That is particularly so when the company makes changes to its Conviction ...
Read Full Story »