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The coal sector has enjoyed much of the same run that has been seen by other commodities of late. Coal companies and commodities companies are about to start reporting earnings and we wanted to see...
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China consumed 864 million metric tons of coal in the first quarter of 2010. Thermal coal consumption to generate electricity totaled 444 million metric tons and metallurgical coal consumption,...
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The coal sector has been rocked in the past two weeks by deadly accidents at mines in China and the US. In China, 32 miners are still missing and 6 are dead, and in the US, 25 miners are dead and 4...
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These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from early morning Wall Street research notes: Boeing Co. (NYSE: BA) Raised to Outperform at Oppenheimer....
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This morning we got to see the new equity holdings of T. Boone Pickens, via his BP Capital Management, L.P., as of March 31, 2009. Some of the higher stakes look to be in Chesapeake Energy...
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We have been saying for some time that 2009 would be a tougher year for coal producers than 2008 was. The struggling economy just doesn’t need more energy. CONSOL Energy Inc. (NYSE: CNX) put some...
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Patriot Coal Corp. (NYSE:PCX) reported fourth quarter and full year numbers this morning. Patriot’s report follows the trail blazed earlier this year by Peabody Energy Corp. and Arch Coal Inc....
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After the market closed on Friday, Cliffs Natural Resources, Inc. (NYSE:CLF) announced that it was closing its Pinnacle Mine in West Virginia for the month of February. About 360 employees "will be...
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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...
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These are some of the top pre-market analyst upgrades and positive calls we have seen on Wall Street this Friday morning: Accuray (ARAY) Raised to Buy at Piper Jaffray. AstraZeneca (AZN) Raised to...
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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...
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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 were...
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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 in...
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In the past 52-weeks, the stock price of five large coal companies has risen anywhere from 50% to nearly 250%. But that’s still between 27% and 42% below annual highs that the companies reached in...
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While many funds and money managers are under watch, Ken Heebner and the investments in his CGM FOCUS FUND (CGMFX) are perhaps more closely watched than any other in today’s current market. Some...
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