Peabody Energy Corp New
NYSE: BTU
$26.41
+$0.43 (+1.7%)
Closing Price on October 4, 2024
BTU Articles
Natural gas prices have been rising, getting to around $2.75/thousand cubic feet last week before falling back a little to around $2.69. At this level, coal once again enters the picture, as prices...
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Today’s not a good day to be in the coal business. Miner Patriot Coal Corp. (NYSE: PCX) announced this morning that it was lowering both shipment and price forecasts for metallurgical coal for this...
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No one was expecting much from Arch Coal Inc. (NYSE: ACI) when it reported first-quarter results this morning. And that’s just what investors got. The company reported an adjusted EPS loss of...
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Credit rating agency Standard & Poor’s has put coal miner Arch Coal Inc. (NYSE: ACI) on CreditWatch with negative implications, threatening a one-notch downgrade to the company’s current...
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Just yesterday we noted that coal stocks were getting a nice boost based on the expectation that the stocks had just about hit bottom. One day does not a trend make, but there’s really no reason to...
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When the largest coal company in the US, Peabody Energy Corp. (NYSE: BTU) paid about $5 billion for Australia’s MacArthur Coal last year, it basically committed itself to Australia’s Bowen Basin....
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Coal prices are getting a nice bump today after a long slide. Peabody Energy Corp. (NYSE: BTU), Arch Coal Inc. (NYSE: ACI), Alpha Natural Resources Inc. (NYSE: ANR), Patriot Coal Co. (NYSE: PCX),...
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US coal miners exported 107 million tons of coal in 2011, most of it to Asia. That’s nearly double total US coal exports just five years earlier, and the shipments brought in about $16 billion in...
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Oil demand is being revised lower in a new forecast by the Energy Information Administration. The reality is that the demand erosion is modest at a mere 70,000 barrels per day in the United...
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Concerns about the global economic recovery and the ability of emerging markets, especially China, to keep growing are affecting prices for many commodities, including coal. Adding to coal’s...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday. Best Buy Co. Inc. (NYSE: BBY) Maintained Hold at Argus. Buffalo Wild...
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Yesterday’s publication of proposed new carbon emissions rules related to electricity power generating plants have taken even more steam out of US coal company stocks. The new rules are generally...
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Markets opened about flat this morning but lost ground almost immediately as new home sales data came in weaker than expected. Then came a report that Iranian crude shipments were falling as a result...
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Peabody Energy Corporation (NYSE: BTU) is issuing an earnings warning, but not from the normal logic behind most warnings. The warning is said to be due to Australia weather-related events. The...
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British newspaper The Guardian has a blog post saying there is speculation that US coal miner Walter Energy Inc. (NYSE: WLT) could be a ripe for a takeover fight among three potential buyers. First,...
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