
Peabody Energy Corp. (NYSE: BTU) posted a new 52-week low on Monday of $6.92. Based on Friday night’s closing price of $7.74 that’s a drop of more than 10%. The stock’s 52-week high is $19.63. Volume is roughly equal to the daily average of around 13.7 million shares. Natural gas prices fell below $3 on the Nymex again today, that’s not good news for coal miners.
Pandora Media Inc. (NYSE: P) dropped about 6.4% Monday to establish a new 52-week low at $16.60 against a high of $40.44. Volume was about equal to the daily average of around 7.1 million shares. The company had no news today, but the stock is down about 48% over the past 12 months. Pandora’s CEO will hold a “fireside chat” on Tuesday from the Citi Internet, Media, and Telecommunications Conference that coincides with this year’s Consumer Electronics Show.
Petroleo Brasileiro SA(NYSE: PBR) dropped about 11% Monday to post a new 52-week low of $6.01. The stock’s 52-week high is $20.94. Volume was roughly equal to the daily average of around 49 million shares. An oil company with $270 billion in debt is bound to get hammered when crude oil prices fall below $50, even if only for a minute. Amazingly the stock’s all-time low is still nearly $4 lower than today’s low.
Southwestern Energy Inc. (NYSE: SWN) dropped about 5.4% on Monday to post a new 52-week low of $25.70 after closing at $27.17 on Friday. The stock’s 52-week high is $49.16. Share volume is about 40% above the daily average of 7.4 million shares traded. The natural gas producer said last week that capital spending will rise in 2015 — not encouraging to investors with natural gas prices falling below $3 per thousand cubic feet and oil headed south as well.