Compared with major coal producers like Peabody Energy Corp. (NYSE: BTU), Arch Coal Inc. (NYSE: ACI), and CONSOL Energy Corp. (NYSE: CNX), Teck’s shipments represent a relatively small portion of North American coal shipments. Peabody, for example, expects U.S. shipments to total 188 to 192 million tons this year and Arch Coal will ship well over 100 million tons.
Demand for coal has picked up slightly in international markets, and rising natural gas prices in the U.S. could boost domestic demand as well.
Teck’s shares are up 0.4% at $36.14 in a 52-week range of $26.12 to $43.99.
U.S. coals stocks are down this morning following a federal appeals court ruling yesterday denying an appeal on the recent tightening of carbon emissions rules by the U.S. Environmental Protection Agency.
Paul Ausick
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s made it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.