S&P 500
7,615.40
-0.09%
Dow Jones
51,327.00
-0.09%
Nasdaq 100
30,644.80
-0.23%
Russell 2000
2,928.08
-0.17%
FTSE 100
10,381.30
-0.06%
Nikkei 225
68,144.20
+0.95%

Energy

Make money with coal? Try Peabody Energy (BTU)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

From TheStockMasters

Gotta love the Toddster. America’s energy demand is anticipated to grow over 45% in the next 20 years. What is the main fuel for all this electricity? Coal, it fuels about 40% of the world’s electricity and over half of America’s electricity (this amount continues to climb annually), which is more than all other sources combined. So who can you make money off of? PeabodyThe answer is Peabody Energy (BTU) – the world’s largest public coal company, their products fuel approximately 10% of America’s and 3% of the world’s electricity. Peabody dominates the coal market both nationally and internationally despite being named after a genius dog.
Since their initial public offering on May 22, 2001, at $28 per share, or $7 per share on a split-adjusted basis following the March 2005 and February 2006 two-for-one stock split, shares hit a high of $75 in May of 2006. So why mention all of this?
Because since May of 2006 shares have fallen steadily (40%) to their current level of $47 despite growing earnings last year 60%. Todd Sullivan brings us the analysis and proves why coal is money in the bank. Read the Article at ValuePlays…

http://www.thestockmasters.com/index.asp

Follow 24/7 Wall St. on Google
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Paul Ausick |

Peabody Energy Earnings Up on Sharp Cost Reductions

ThinkstockPeabody Energy Corp. (NYSE: BTU) reported second-quarter 2013 results before markets opened this morning. The coal miner posted adjusted diluted…

Paul Ausick |

Coal Stocks Rise on Alpha Natural Results (ANR, BTU, ACI, CNX, JRCC, WLT, CLD)

ThinkstockAlpha Natural Resources Inc. (NYSE: ANR) reported quarterly and full-year results this morning and managed to flop over a very…

Did Trump Just Save the Dying Coal Industry?
Rich Duprey |

Did Trump Just Save the Dying Coal Industry?

Coal’s Long Fade-Out It’s no secret that coal, as an energy source, has been dying. Coal-fired power plants have been…

Jon C. Ogg |

Bullish on Coal: Contrarian Dream or Nightmare? (ANR ACI, CNX, BTU, JEF, AAPL)

ThinkstockIf there is one great American industry that has been left for dead, it is the U.S. coal industry. With…

Paul Ausick |

Peabody Energy’s Fortunes Rise

Peabody Energy Corp. (NYSE: BTU) reported third-quarter results before markets opened this morning. The coal mining company posted adjusted diluted…

A Comeback for Coal?
Paul Ausick |

A Comeback for Coal?

U.S. demand for coal is rising as the country's need for energy increases with the stuttering recovery from the COVID-19…

Douglas A. McIntyre |

China Shenhua Energy: A $9 Billion IPO

According to Bloomberg, China Shenhua Energy, the nation’s largest coal producer, plans to raise $8.9 billion to fund expansion in…

3 Stocks to Watch From the Coal Industry Despite Ongoing Headwinds
247patrick |

3 Stocks to Watch From the Coal Industry Despite Ongoing Headwinds

Why coal export from the United States is expected to improve in 2023.

Jon C. Ogg |

Short Interest in Peabody Plays Role in Post-Earnings Reaction

Peabody Energy has reported a net loss and smaller than expected revenues for its most recent quarter.

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826