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Arch Coal Gets Reorganization Plan Approved to Exit Bankruptcy

Arch Coal, Inc. has announced that the United States Bankruptcy Court for the Eastern District of Missouri has confirmed its amended plan of reorganization. The coal mining giant now expects ...
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Peabody Energy One Step Closer to Bankruptcy Filing

When it filed its Form 10-K annual report Wednesday morning with the U.S. Securities and Exchange Commission (SEC), coal miner Peabody Energy Corp. (NYSE: BTU) said that there is "substantial ...
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Coal

Is Peabody Energy Preparing for Bankruptcy?

Last Monday Peabody Energy Co. (NYSE: BTU) filed a report with the U.S. Securities and Exchange Commission (SEC) detailing its recent discussions with some of its creditors and outlining potential ...
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Coal

CONSOL Sells Coal Assets, Suspends Dividend

Natural gas producer and coal miner CONSOL Energy Inc. (NYSE: CNX) said Monday morning that it has agreed to sell its Buchanan mine in West Virginia and certain other of its ...
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Coal

Peabody Losses Piled Higher, More Losses Foreseen

Peabody Energy Corp. (NYSE: BTU) reported fourth-quarter and full-year 2015 results before markets opened Thursday. The coal miner’s adjusted diluted loss per share for the quarter came to $9.27 on ...
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Coal

Coal Stock Jumps 21%

After Westmoreland Coal Co. (NASDAQ: WLB) announced late Monday that it has completed its acquisition of a New Mexico coal mine for $127 million, shares popped by 21% Tuesday morning ...
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Coal

Coal Asset Auctions Coming This Week

Bankrupt coal miners Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are both scheduled to hold auctions in the coming week as they try to raise ...
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Coal

Arch Coal’s Pre-Destined Bankruptcy Filing

The other shoe has dropped for Arch Coal Inc. (NYSE: ACI). The coal miner said Monday morning that as part of restructuring deal with its lenders, it and "substantially all" ...
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Coal Production Keeps Taking It on the Chin

It's a crummy time to be a coal miner. If the political backlash against coal doesn't get you, you can bet your assets that warm winter weather will. A fresh ...
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Coal

Court Lets Mercury Rule Stand While EPA Counts the Cost to Coal Industry

Early Tuesday morning, the U.S. Court of Appeals for the Washington, D.C., circuit ordered the U.S. Environmental Protection Agency (EPA) to reconsider the agency's mercury rule following the June decision ...
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Coal

Ex-CEO of Massey Energy Convicted in Mine Deaths Case

The former CEO of Massey Energy, Don Blankenship, has been convicted in a West Virginia Federal District Court of conspiring to break mine safety regulations. He also was cleared of ...
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bankruptcy

Is Bankruptcy the Only Way Out for Arch Coal?

It is no secret that being in the coal business is now about as bad as would have been to be a coal miner in years past. The coal mining ...
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Coal

What Peabody, CONSOL Earnings Say About the Coal Market

Peabody Energy Corp. (NYSE: BTU) reported third-quarter results before markets opened Tuesday. The coal miner’s adjusted diluted net loss came to $8.13 per share on revenues of $1.42 billion. In ...
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What Was the Attraction in Coal Stocks on Thursday?

Judging by the heavy action and soaring stock prices at two coal miners on Thursday, an observer may be forgiven for thinking that all the natural gas in the U.S. ...
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Another Bidder in the Picture for Patriot Coal Assets

The twice-delayed auction for the assets of bankrupt Patriot Coal has attracted another potential bidder, according to the company’s attorney, who told the bankruptcy court that it hopes to have ...
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