Industrial Metals & Minerals

(ATI) Allegheny Technologies to Buy Units From Crucible Materials Corporation

Recently, the world’s largest specialty metals producer Allegheny Technologies Inc. (ATI) bought the assets of Crucible Compaction Metals and Crucible Research for $40.95 million following a bankruptcy court auction. The transaction is expected to close by Oct. 31. The company did...

23Sep2009 | | 0 comments | Continued

(BTU) Peabody Energy Sets Up in Singapore

Peabody Energy (BTU) has set up a new office in Singapore, which will serve as the hub for its trading and brokerage activities in Southeast Asia. This will further strengthen Peabody’s access to high-growth seaborne coal markets in the region, especially China and India, which...

17Sep2009 | | 0 comments | Continued

(BTU) Coal Industry – Industry Outlook

Our near-term (6-18 months) outlook for the coal industry has improved somewhat from our previous neutral sentiment to a more positive undertone. Based off of various recent economic indicators, the U.S. economy appears to be stabilizing. Although the rest of 2009 is likely to continue on a path of...

17Sep2009 | | 0 comments | Continued

(TCK) Teck Resources Limited – Miner’s Estimates Tick Higher

Teck Resources Ltd. (TCK) is paying down and restructuring its short-term debt while posting solid revenue production.

Company Description

Teck Resources Ltd. operates as a diversified mining, mineral processing and metallurgical...

16Sep2009 | | 0 comments | Continued

(NRP) Natural Resource Partners Secures Coal Reserves

Of late, Natural Resource Partners (NRP) has contracted with Colt LLC, a Cline Group affiliate, to acquire around 200 million tons of coal reserves located at the Deer Run mine in Illinois Basin. The deal is valued at $255 million and will be executed through 8 separate transactions...

11Sep2009 | | 0 comments | Continued

(ATI) Allegheny Technologies Incorporated Bags Contract

On Sep 8, Allegheny Technologies Incorporated (ATI), one of the largest and the most diversified specialty metals producers in the world, signed a ten-year agreement with Rolls-Royce plc, the British aircraft engine maker for the supply of nickel-based superalloy disc-quality products for commercial...

9Sep2009 | | 0 comments | Continued

(WLT) Walter Energy Knocks Earnings Out of the Park

Walter Energy Inc. (WLT) recently posted a shocking profit and shares are at a critical level.

Company Description

Walter Energy produces and exports coal for the steel industry. In addition the company supplies coal bed methane...

4Sep2009 | | 0 comments | Continued

(ACI) Arch Coal Extends Credit Line

Arch Coal (ACI) recently extended the size and maturity of its senior secured revolving credit facility. The existing drawing limit under the credit line was raised to $860 million from $800 million through June 2011.

From June 2011, the company will have borrowing...

1Sep2009 | | 0 comments | Continued

(ACI) Arch Coal Gets Jacobs Ranch

The Federal Trade Commission  recently granted antitrust clearance to Arch Coal (ACI) for its pending acquisition of Rio Tinto’s (RTP) Jacobs Ranch mine in the Powder River Basin of Wyoming. Arch expects to close the deal within six weeks.

Earlier...

25Aug2009 | | 0 comments | Continued

(BTU) Coal Industry – Industry Outlook

Our near-term (6-18 months) outlook for the coal industry has improved somewhat from our previous neutral sentiment to a more positive undertone. Based off of various recent economic indicators, the U.S. economy appears to be stabilizing. Although the rest of 2009 is likely to continue on a path of...

25Jun2009 | | 0 comments | Continued

(BTU) Coal Industry – Industry Outlook

Our near-term outlook for the coal industry is neutral. Decreased demand for steel and electricity caused by a global recession has pushed global coal prices down off their highs of 2008. In the U.S., this has been perpetuated by mild weather, low natural gas prices and high coal stockpile levels...

1May2009 | | 0 comments | Continued

(USU) USEC – surprised 3 out of the last 4 quarters by an average of 62.38%

USEC Inc. (USU), the uranium provider, has surprised on estimates 3 out of the last 4 quarters by an average of 62.38%. The company is cheap, trading at only 4.9x forward earnings.

Company Description

USEC is a supplier of enriched uranium fuel for commercial nuclear power plants worldwide....

17Feb2009 | | 0 comments | Continued

(BTU) – Peabody Energy – beaten analyst estimates over the last four quarters by an average of 40%

Peabody Energy Corp. (BTU) just posted amazing third-quarter results. The company’s share price is trading sharply lower on the year, creating an opportunity to purchase shares in this growth stock at a discounted price.

Company Description

Peabody Energy Corp. engages...

25Oct2008 | | 0 comments | Continued

(BTU) – Peabody Energy – beaten analyst estimates over the last four quarters by an average of 40%

Peabody Energy Corp. (BTU) just posted amazing third-quarter results. The company’s share price is trading sharply lower on the year, creating an opportunity to purchase shares in this growth stock at a discounted price.

Company Description

Peabody Energy Corp. engages...

24Oct2008 | | 0 comments | Continued

(BTU) – Peabody Energy – beaten analyst estimates over the last four quarters by an average of 40%

Peabody Energy Corp. (BTU) just posted amazing third-quarter results. The company’s share price is trading sharply lower on the year, creating an opportunity to purchase shares in this growth stock at a discounted price.

Company Description

Peabody Energy Corp. engages...

20Oct2008 | | 0 comments | Continued

(MEE) – Massey – year-over-year increase of 38% for produced coal revenue

Massey’s (MEE) fundamentals signal growth, and the company is growing through coal mine acquisitions. Massey recently announced the acquisition of a metallurgical coal mine in West Virginia. The company noted that it can add significant metallurgical coal production almost immediately with relatively...

17Oct2008 | | 0 comments | Continued

(MEE) – Massey – year-over-year increase of 38% for produced coal revenue

Massey’s (MEE) fundamentals signal growth, and the company is growing through coal mine acquisitions. Massey recently announced the acquisition of a metallurgical coal mine in West Virginia. The company noted that it can add significant metallurgical coal production almost immediately with relatively...

15Oct2008 | | 0 comments | Continued

(MEE) – Massey – year-over-year increase of 38% for produced coal revenue

Massey’s (MEE) fundamentals signal growth, and the company is growing through coal mine acquisitions. Massey recently announced the acquisition of a metallurgical coal mine in West Virginia. The company noted that it can add significant metallurgical coal production almost immediately with relatively...

9Oct2008 | | 0 comments | Continued

(MEE) – Massey – year-over-year increase of 38% for produced coal revenue

Massey’s (MEE) fundamentals signal growth, and the company is growing through coal mine acquisitions. Massey recently announced the acquisition of a metallurgical coal mine in West Virginia. The company noted that it can add significant metallurgical coal production almost immediately with relatively...

7Oct2008 | | 0 comments | Continued

(BTU) – Peabody Energy – earnings per share are expected to grow by 35%

Peabody Energy (BTU) saw higher earnings forecasts from analysts after delivering a record second quarter. Current full-year estimates of $2.87 per share increased from $2.70 over the past 60 trading days.

Company Description

Peabody Energy is the world’s largest...

7Oct2008 | | 0 comments | Continued

(MEE) Massey Energy – exceeding the consensus estimate by 42%

Massey Energy Co. (MEE) has seen analysts lift full-year 2008 earnings estimates from last month’s projection of $3.21 per share to $3.58. The most accurate forecast is a more bullish $3.70.

Company Description

Massey Energy Company, which is the fourth largest coal...

7Oct2008 | | 0 comments | Continued