KOL
KOL Articles
If you have any doubt about whether or not coal is yesterday’s fuel and renewables are tomorrows, two IPOs should point you at the right answer. Italy’s largest utility, Enel SpA, spun off its...
Published:
Last Updated:
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...
Published:
Last Updated:
Massey Energy Company (NYSE: MEE) has been thrashed since its catastrophic mine explosion. Shares were near a 52-week high when this came about, and things have gone far south from then. NPR...
Published:
Last Updated:
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...
Published:
Last Updated:
Today’s announcement of a merger between Alpha Natural Resources, Inc. (NYSE: ANR) and Foundation Coal Holdings, Inc. (NYSE: FCL) creates the third-largest coal producer in the US. The all-stock...
Published:
Last Updated:
For the first quarter of 2009, Peabody Energy Corp. (NYSE:BTU) has reported EPS of $0.63 on revenue of $1.46 billion from 59.6 million tons of coal sold. Analysts estimates averaged an EPS of $0.93...
Published:
Last Updated:
The FT reports that contracts between some large coal producers and steel and power companies show coal prices falling by as much as 60% Australia’s BHP Billiton Ltd. (NYSE:BHP) and Japan’s...
Published:
Last Updated:
Notwithstanding a solid fourth quarter and an up year, First Solar, Inc. (NASDAQ:FSLR) is off more than 15% in early trading this morning. We noted its strong earnings report yesterday, but warned...
Published:
Last Updated:
Peabody Energy Corporation (NYSE:BTU) reported a huge fourth quarter this morning, and the stock is up around 12% as a result. For the full 2008 fiscal year, Peabody reported EPS of $3.63 on income...
Published:
Last Updated:
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...
Published:
Last Updated:
On Monday, Peabody Energy (NYSE:BTU) announced strong first quarter results: 15% increase in revenue to a record $1.28 billion and EPS from continuing operations of $0.26. Peabody raised its...
Published:
Goldman Sachs is panning the coal sector again this morning. It sees downside to coal stocks after a run since the start of 2008 as coal production will come online faster than many bulls...
Published:
Last Updated:
This morning we have another ETF being launched that is quite sector specific. Van Eck Associated has listed the Market Vectors Coal ETF (NYSE: KOL). While we have noted some ETF’s being too...
Published: