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ArchiveCoal Stocks Soar As M&A Activity Returns (ICO, ACI, ANR, MEE, CNX, PCX, JRCC)Posted by Jason Smith at 1:09PM on May 2nd
Shares of metallurgical coal producer International Coal Group (ICO) are surging 31% after Arch Coal (ACI), the second-largest U.S. coal producer, agreed to acquire the company for $3.4 billion in cash, a deal that values International Coal at $14.60 a share. The…  Coal Stocks Jump On Earnings, Production Reports (PCX, WLT, ANR, BTU, CLD, CNX)Posted by Todd Shriber at 12:33PM on April 21st
Shares of Patriot Coal (PCX) are surging 5% after the Missouri-based coal miner said it will ship 3 million tons of metallurgical coal this year and in 2012, up from a previous forecast of 2 million tons, and that it expects… Analyst Looks For Diamonds Among Coal Stocks (CNX, RNO, CLD, MEE, BTU)Posted by Todd Shriber at 11:50AM on April 15th
RBC Capital is out with some comments and revised price targets on a trio of coal stocks, including an upgrade of Consol Energy (CNX) to “outperform” from “underperform.” The research firm pointed to Consol’s improvements in the Marcellus Shale and upside… Cramer Loves Coal, Ranks The Sector (BTU, ANR, MEE, CNX, JRCC, PCX, WLT, ACI, CLD)Posted by Todd Shriber at 12:09PM on March 18th
Coal stocks are continuing their bullish ways today as investors speculate the sector is poised to benefit from increased Japanese demand, a notion that is helping the Coal Stocks Index to a gain of 0.8% on the day. Another round of positive… Coal Stocks Shine On Japan Speculation (BTU, JRCC, ACI, CNX, PCX, PUDA, PVR)Posted by Todd Shriber at 12:05PM on March 16th
While the coal sector is usually a high-beta group that is exposed to downturns when the broader market falls, the group has a bullish tone to it today with the Coal Stocks Index gaining 3% on the day. Peabody Energy (BTU), the… James River Deal Leads Coal Stocks Higher (JRCC, BTU, MT, VALE, ACI, CNX, CLD, PUDA)Posted by Jason Smith at 12:53PM on March 7th
It’s not often that the shares of a company that is making an acquisition move higher, but James River Coal Company (JRCC) is bucking that trend today after announcing it will acquire International Resource Partners for $475 million. The news is… Barron’s Takes A Liking To International Coal (ICO, ANR, MEE, BTU, CNX, CLD, PCX, PUDA)Posted by Jason Smith at 11:23AM on February 28th
International Coal Group (ICO), the West Virginia-based coal miner, isn’t getting a Barron’s bounce today as the stock is up only fractionally after the financial news magazine offered up a bullish outlook on the company in its most recent issue. That may… Another Chesapeake Asset Sale Jolts Shale Stocks (CHK, BHP, CEO, TOT, ERF, CNX, DVN)Posted by Jason Smith at 11:54AM on February 22nd
Natural gas futures have endured a multi-year slide, but the picture is far rosier for shares of shale gas stocks, which are bouncing today thanks in part to some more asset sales in the sector. The Shale Gas Stocks Index… Alpha Natural Finally Moves On Massey, Coal Stocks Soar (ANR, MEE, ACI, MT, BTU, WLT, CNX)Posted by Jason Smith at 11:58AM on January 31st
Alpha Natural Resources (ANR), widely speculated to be the front-runner for Massey Energy Company (MEE), the largest coal producer in Central Appalachia, agreed to acquire its rival on Saturday for $7.1 billion in cash and stock. The deal values Virginia-based Massey at… Peabody Outlook Hampers Coal Stocks (BTU, ACI, ANR, CNX, MEE, PUDA, YZC)Posted by Jason Smith at 12:29PM on January 25th
Coal stocks have been a market leadership group over the past several months, but the group has languished in the past week and is getting no help today after Peabody Energy (BTU), the largest U.S. coal producer, issued disappointing first-quarter guidance.…   |
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