Platts Ranks Top 250 Global Energy Companies
ThinkstockOil industry data and publishing firm Platts announced on Tuesday its annual list of the top 250 global energy companies. This marks the twelfth year that Platts has compiled its listing. The…
ThinkstockOil industry data and publishing firm Platts announced on Tuesday its annual list of the top 250 global energy companies. This marks the twelfth year that Platts has compiled its listing. The…
ThinkstockCONSOL Energy Inc. (NYSE: CNX) announced Monday morning the sale its Consolidation Coal Company (CCC) subsidiary to a subsidiary of privately held Murray Energy Corp. for $3.5 billion. In addition to the…
ThinkstockAfter reporting third-quarter results Thursday, Peabody Energy Corp. (NYSE: BTU) jumped more than 9%, before ending the day about 3.7% higher. On Friday morning, shares tried to make a comeback, but they…
ThinkstockHow does upgrading the coal sector sound for a gutsy analyst call? That is exactly what we are seeing on Friday from Goldman Sachs, although the upgrades are not exactly universal in…
ThinkstockThe battered U.S. coal industry took another shot Friday as U.S. Environmental Protection Agency (EPA) chief Gina McCarthy announced proposed stricter clean air regulations in a speech at the National Press Club.…
ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This contrasts with decent…
ThinkstockCoal mining stocks have had a couple of bad years. Actually, since peaking in mid-2008, Central Appalachian thermal coal prices have dropped from more than $140 a ton to around $50 a…
ThinkstockCONSOL Energy Inc. (NYSE: CNX) is one of the top players in the battered and out of favor coal sector. With politics working against coal and environmental regulation perpetually on the rise,…
ThinkstockSaying that coal company management has focused on the right levers — lengthening debt maturities, slashing discretionary capital spending, reducing marginal production, driving productivity and cost performance — Sterne Agee this morning…
ThinkstockLast week Merrill Lynch hosted its 30th annual Metals and Mining conference in Barcelona Spain. While there was an overall positive tone at the conference, the big miners left investors more concerned…
courtesy of ArcelorMittalSterne Agee has released a consolidated report showing the firm’s top analyst stock picks in energy and industrials now that we are out of the first quarter earnings season. This…
ThinkstockShares of Peabody Energy Corp. (NYSE: BTU) rose as much as 3.2% this morning after the company posted first-quarter earnings that were considerably better than expected. Peabody’s earnings per share (EPS) loss…
ThinkstockIf there is one great American industry that has been left for dead, it is the U.S. coal industry. With every possible battle to fight from pollution and environmental concerns to mine…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral at BofA/Merrill Lynch. Altera Corp.…
ThinkstockIt is no secret that the coal sector is in the doghouse. James River Coal Co. (NASDAQ: JRCC) announced its earnings this morning which was actually another loss for the quarter and…