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ThinkstockCSX Corp. (NYSE: CSX) has some somber words for the U.S. coal sector, despite what has been a handy recovery in the share prices of many of the sector leaders. The rail transportation...
ThinkstockEarlier this week, Consol Energy Inc. (NYSE: CNX) outlined its investment plans for 2013 and said it would focus more on natural gas production. Today the company released its...
ThinkstockOn of the country’s largest coal miners, Consol Energy Inc. (NYSE: CNX) has outlined its investment plans for 2013, and the company expects to spend more on natural gas than it does on...
ThinkstockNow that the United States has dodged the fiscal cliff, investors are expecting at least a boomlet in manufacturing and production. That means more energy and more basic materials. Coal and...
ThinkstockCanadian mining firm Teck Resources Ltd. (NYSE: TCK) announced this morning that the company expects fourth quarter coal shipments to exceed its prior guidance of 6.2 million metric tons....
ThinkstockBy 2017, coal consumption will nearly equal consumption of oil as the leading source of the world’s energy. The International Energy Agency (IEA) estimates that global coal consumption...
ThinkstockIt is almost impossible to consider that troubles of such a magnitude could turn around in an instant, but that may actually be the case. We have taken a look at the year-end outlooks for...
ThinkstockWith about an hour and half to go before the markets close today, coals stocks are getting a boost from this morning’s announcement by Peabody Energy Corp. (NYSE: BTU) that its first...
Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of its network...
There’s nothing like an acquisition rumor to pump some life into an otherwise moribund stock. And when the company that’s the subject of the rumor is a coal miner, the whole coal mining sector...
ThinkstockJames River Coal Co. (NASDAQ: JRCC) reported third-quarter 2012 earnings this morning. The mining company posted a net loss of $0.59 per share on revenues of $288.1 million. In the same...
ThinkstockChina Petrochemical Corp., a state-controlled company best known as Sinopec (NYSE: SNP) will build an advanced coal-to-gasoline plant near Medicine Bow, Wyoming, that is expected to produce...
ThinkstockAlpha Natural Resources Inc. (NYSE: ANR) reported third-quarter 2012 earnings this morning. The coal mining company posted a net loss of $0.16 per share on revenues of $1.46 billion. In the...
Jon OggThe top analyst upgrades, downgrades and initiations seen in Wall St. research calls will be playing catch-up on Wednesday as the markets did not get a chance to react to the analyst calls on...
U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets would be open...