12:52pm ET
Energy
Coal is Hot (ACI, CNX, BTU)
This morning’s quarterly and annual results from Arch Coal, Inc. (NYSE:ACI) have kept the coal fires burning. Arch reported EPS of $2.45 on net income of $354.3 million for the year. Annual…
Companies
/Energy
Peabody Energy Corp New
$29.44
â–² $2.12 (+7.74%) today
Markets closed · 5:28pm ET
BTU Coverage
Page 197:57am ET
Investing
Top Pre-Market Analyst Downgrades (AFFX, APD, ACAS, AMLN, AMAT, AINV, CTXS, DRYS, XOM, IRBT, LRCX, NFLX, NSR, NHY, NYX, BTU, UPS)
These are some of the top pre-market analyst downgrades and cautious calls we are seeing this Thursday morning: Affymetrix (AFFX) Cut to Underweight at JPMorgan. Air Products (APD) Cut to Neutral at…
8:40am ET
Investing
Top Pre-Market Analyst Downgrades (AMLN, BIIB, CIEN, XOM, GFA, MXIM, BTU, SLT, SPWRA)
These are some of the top pre-market downgrades and cautious calls we have seen from Wall Street analysts this Wednesday morning: Amylin Pharmaceuticals (AMLN) Cut to Sell at Canaccord Adams. Biogen Idec…
2:47pm ET
Media
Cramer’s Six Quick Picks (VZ, X, BTU, CAT, BMY, PWR)
We haven’t been covering Jim Cramer as much for many different reasons, but we still pay attention when he comes out with stock picks because it can still affect at least the…
10:21am ET
Commodities & Metals
Peabody Loving Coal (BTU, KOL)
Peabody Energy Corporation (NYSE:BTU) reported a huge fourth quarter this morning, and the stock is up around 12% as a result. For the full 2008 fiscal year, Peabody reported EPS of $3.63…
Douglas A. McIntyre 11:17am ET
Commodities & Metals
Closing Down a Coal Mine (PCX, BTU)
Last Friday, Patriot Coal Corporation (NYSE:PCX) announced that it would close its Jupiter mine in March. The company had said in September that it planned to close the West Virginia mine, so…
Douglas A. McIntyre 11:43am ET
Commodities & Metals
Less Demand, Less Coal, Less Profit (BTU, ACI, CNX, MEE)
Peabody Energy Corporation (NYSE:BTU) yesterday reduced its production estimates for Wyoming’s Powder River Basin and for its Australian coal mining. The company said it has produced "in excess of 200 million tons"…
10:04am ET
Energy
CO2 Restriction Easing on Coal-fired Power Plants? (BTU, ACI, MEE, CNX, FTEK)
Last August, the US Environmental Protection Agency (EPA) ruled that a proposed coal-fired power plant in Utah did not need to file for a clean-air permit because the emissions from the plant…
12:59pm ET
Energy
ConocoPhillips, Peabody Energy Will Convert Coal-to-Gas (COP, BTU)
Turning coal into natural gas is not brand-new technology, but it is rarely done because natural gas is, or has been, relatively cheap. Not as cheap as coal, but cleaner to burn…
12:39pm ET
Commodities & Metals
Which Metals & Mining Stock Look Best For 2009? (RTP, BHP, ABX, GG, BTU, MEE)
In our preview of energy stocks for 2009 we were able to come up with a company that might actually provide a decent return to investors. Looking at some of the major…
10:05am ET
Commodities & Metals
Ups and Downs in the Coal Mines (ACI, FCL, BTU)
Arch Coal (NYSE:ACI) reported solid earnings for the third quarter today, but its share price has fallen more than 4% since the market opened this morning. Arch reported EPS of $0.68, compared…
Douglas A. McIntyre 2:48pm ET
Commodities & Metals
Coal and Steel Play Follow the Leader (IIIN, RS, ACI, BTU, MEE, NUE)
Two small-cap steel companies reported earnings before the market opened today. Insteel Industries (NASDAQ:IIIN) beat analysts’ estimates of $0.60 EPS on $101 million in revenue, posting EPS of $0.89 on revenues of…
10:48am ET
Commodities & Metals
Teck Cominco to Get New Name, New Business Units (TCK, FDG, BHP, BTU)
Canadian miner Teck Cominco (NYSE:TCK) is changing its name to Teck Resources, and the company intends to build its brand just on the name Teck. The new name takes effect legally in…
9:25am ET
Commodities & Metals
CONSOL Guidance, A Canary In The Coal Sector (CNX, MEE, FCL, ACI, BTU, JRCC)
CONSOL Energy (NYSE:CNX) announced a dramatic change in its guidance for the third quarter. Production is expected reach just 15 million tons, well below even the low estimate of 16.4 million tons…
1:38pm ET
Energy
Ag, Commodities, Bubbles & The Recessionless Recession (XOM, BHP, ABX, BTU, POT, WMT)
The new mantra creating a deflating speculative bubble is taking a new twist. Even before Ospraie blew out its fund (and now after) there have been more rumors about commodity-related funds or…