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CONSOL Energy Takes Massive Impairment Charge, Posts Loss

CONSOL Energy Inc. (NYSE: CNX) reported second quarter 2015 results before markets opened Tuesday morning. The coal and natural gas producer reported quarterly an adjusted diluted loss of $0.37 and ...
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That Was Fast — Coal Goes Back to the Furnace

The Supreme Court ruling against the Environmental Protection Agency (EPA) whereby the EPA did not consider costs was supposed to be a lifeline for the business of fossil fuels. Or ...
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Supreme Court Ruling Does Not Save the Coal Companies

The U.S. Supreme Court Monday threw the U.S. coal industry at lifeline with a five to four ruling ordering the U.S. Environmental Protection Agency (EPA) to take into account the ...
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Coal Investors Anxious Ahead of Coal MLP IPO This Week

CNX Coal Resources L.P. is set to come public this week. This could be a massive deal for the ailing coal sector as this is the growth-oriented master limited partnership ...
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Can US Coal Miners Dodge the Bankruptcy Bullet?

In the second quarter of 2011, a ton of metallurgical coal -- the type used in the steelmaking industry -- cost $330. In the first quarter of 2015, that same ...
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Short Interest in Peabody Plays Role in Post-Earnings Reaction

Coal mining giant Peabody Energy Corp. (NYSE: BTU) has reported a net loss of $0.62 per share (after a $0.23 refinance charge) on revenues of $1.54 billion for its most ...
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Why Arch Coal Just Cannot Make Any Money

Arch Coal Inc. (NYSE: ACI) reported first-quarter 2015 results before markets opened Tuesday morning. The coal miner posted an adjusted diluted net loss of $0.54 on revenues of $677 million. ...
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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 ...
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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 ...
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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 ...
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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. ...
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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) ...
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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 ...
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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. ...
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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 ...
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