Coal 02 (Jul 12 - Dec 25)

Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Fri Jun 12, 2015 8:38 pm

Shares of coal miner Peabody Energy are in a free fall… down 38% in one month.
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Mon Jun 15, 2015 10:54 am

Up to 70 per cent of coal mines based in Inner Mongolia’s Ordos city, whose coal production accounts for one sixth of China’s total output, has suspended production as the business has become profit losing amid weak demand and subdued coal prices.

Source: People’s Daily
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Thu Jun 25, 2015 7:15 pm

Run Screaming From the Coal Stocks Bloodbath

Don't be dragged into the value trap that is coal stocks these days

By Aaron Levitt

Source: Investor Place

http://investorplace.com/2015/06/coal-s ... YviftKqqko
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Re: Coal 02 (Jul 12 - Dec 15)

Postby behappyalways » Tue Jul 14, 2015 10:03 am

The Latest Sign That Coal Is Getting Killed
http://www.bloomberg.com/news/articles/ ... ing-killed
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Wed Jul 15, 2015 7:46 pm

Coal Stocks Will Only Get Worse – Don’t Bargain Hunt

From BTU stock to CNX and CLD, write these duds off for good

By Jeff Reeves

Source: Investor Place

http://investorplace.com/2015/07/coal-s ... aZH-9Kqqko
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Re: Coal 02 (Jul 12 - Dec 15)

Postby behappyalways » Sat Aug 01, 2015 10:38 am

Three Years Ago This Coal Mine Was Worth $624 Million. Now It Sold for $1
http://www.bloomberg.com/news/articles/ ... in-of-coal
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Wed Aug 05, 2015 1:49 pm

Market conditions for coal continue to deteriorate, with coal prices down by 10 percent so far this year.

International coal miners have produced so much coal that prices are at their lowest levels in ten years, as the ongoing glut has depressed the market.

But with an ongoing shift in the U.S. away from coal-fired electricity, as well as softening demand in China, the outlook doesn’t look good.

In fact, China’s coal imports for the first half of 2015 were down by 37.5 percent from the same period a year ago, a jaw-dropping decline that could spread financial distress across the global coal industry if the trend continues.

In a sign of the times, Alpha Natural Resources, one of the largest coal miners in the United States, will file for Chapter 11 bankruptcy protection, as the Virginia-based producer is unable to emerge from its mountain of debt.

Source: Oil Price Intelligence
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Fri Aug 07, 2015 8:33 pm

Clean Coal Answer to Climate Change, Says Coal Industry

By Arleen Richards

Source: Epoch Times

http://www.theepochtimes.com/n3/1708688 ... campaign=5
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Fri Aug 07, 2015 8:35 pm

Bear market in coal continues… sector fund KOL sinks to a new all-time low.
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Re: Coal 02 (Jul 12 - Dec 15)

Postby winston » Fri Aug 28, 2015 7:46 pm

COAL GIANTS BREAK OUT

Two of the biggest players in the coal industry are outperforming the market in a big way right now...

We've covered coal stocks a lot over the years in DailyWealth. And as regular readers are aware, the sector has been stuck in a huge bear market. The popular coal fund KOL and the Dow Jones U.S. Coal Index are down 80%-plus from their 2011 peaks.

Americans are now generating more electricity from natural gas than ever before. In short, coal seems to be getting left behind... But two industry giants are reversing the trend right now...

Coal producers Peabody Energy and Arch Coal have a combined market cap of more than $750 million. They're the top two coal suppliers in the United States. So their performance gives us a good idea of what's going on in the sector.

As you can see below, both stocks have taken off recently. Over the past month alone, Arch Coal shares have soared more than 200%... while shares of Peabody have more than doubled. While most stocks were crushed in the recent selloff, these companies have surged higher...

Source: Daily Wealth
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