coal prices
coal prices Articles
Shares of Patriot Coal Corp. (NYSE: PCX) are up nearly 30% today and other coal companies are tagging along. James River Coal Co. (NASDAQ: JRCC) is up almost 9.5%, Arch Coal Inc. (NYSE: ACI) is up...
Published:
An appeals court in the District of Columbia has ruled that the US Environmental Protection Agency was “unambiguously correct” in taking steps to set limits on greenhouse gas emissions. The...
Published:
More bad news last night from the coal miners. Arch Coal Inc. (NYSE: ACI) announced that it would fire approximately 750 full-time employees and close 3 of its “higher-cost” thermal coal mines...
Published:
Shares of Patriot Coal Corp. (NYSE: PCX) are dropping like a rock again today on no specific news. Other coal miners are faring somewhat better, with Arch Coal Inc. (NYSE: ACI) up slightly, James...
Published:
US coal stocks are getting pummeled again today, with James River Coal Co. (NASDAQ: JRCC) and Patriot Coal Corp. (NYSE: PCX) leading the downturn. Downgrades to Patriot Coal from UBS and CRT Capital...
Published:
Here’s what Patriot Coal Corp. (NYSE: PCX) had to say this afternoon about the $625 million term loan it couldn’t close last week: Earlier this month,Patriot Coal Corporation (PCX) announced that...
Published:
Last Updated:
Shares of Patriot Coal Corp. (NYSE: PCX) are in freefall this afternoon on a report from Debtwire that the company is seeking a firm to help with its restructuring. The Debtwire report cited at...
Published:
Last Updated:
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...
Published:
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...
Published:
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...
Published:
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...
Published:
Last Updated:
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....
Published:
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),...
Published:
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...
Published:
BHP Billiton plc (NYSE: BHP) today announced the closing of its Norwich Park metallurgical coal mine in Queensland. The mine is one of six owned and operated by a 50/50 partnership between Billiton...
Published: