Industrial Metals & Minerals
(BTU) Peabody Energy Earnings Likely to Miss
Peabody Energy Corp. (BTU) will release its first quarter 2013 financial results before the market bell on Apr 18, 2013. In the prior quarter, this coal operator reported a negative earnings surprise of 530.77%. Peabody currently has...3May2013 | vitalstocks | Comments Off | Continued
(WLT) Walter Energy Poised at Neutral
We reiterate our Neutral recommendation on Walter Energy Inc. (WLT). The premium metallurgical (met) coal export company currently has a Zacks Rank #3 (Hold). Why the Reiteration? Walter Energy is expected...27Apr2013 | vitalstocks | Comments Off | Continued
(BHP) BHP Billiton Sells EKATI Mine Stake
The Australian mining giant, BHP Billiton Ltd. (BHP) recently completed the divestiture of its interests in EKATI Diamond Mine and Diamonds Marketing operations to Dominion Diamond Corporation (DDC)....18Apr2013 | vitalstocks | Comments Off | Continued
(ARLP) Coal Industry Stock Outlook – April 2013 – Industry Outlook
Overview Coal is burned as fuel or gasified to create a synthetic gas (syngas) that can then be used as feedstock for the production of chemicals, fertilizer and electric power. Coal is also used for producing heat through combustion. Metallurgical coal or coking coal...4Apr2013 | vitalstocks | Comments Off | Continued
(BTU) Peabody Energy Likely to Miss Earnings Forecast
Peabody Energy (BTU) will release its fourth quarter 2012 financial results before the market bell on Jan 29, 2013. In the prior quarter, this coal operator reported a 50.00% earnings surprise. Peabody currently has a Zacks Rank #5...26Jan2013 | Shawn | Comments Off | Continued
(ANR) SunCoke Energy Ends 2012 on a Strong Note
Pure coal play SunCoke Energy Inc. (SXC) announced its production estimates for the fourth quarter and full year 2012. The favorable production can be attributed to the company’s Middletown facility in Ohio, which contributed 153...15Jan2013 | Shawn | Comments Off | Continued
(ATI) Allegheny Technologies Inc – Bear of the Day
We are retaining our Underperform recommendation on Allegheny Technologies (ATI) following its disappointing third quarter results. Both revenues and earnings missed Zacks Consensus Estimates. Profit...7Dec2012 | vitalstocks | Comments Off | Continued
(BTU) Coal Industry Stock Review – December 2012 – Industry Outlook
Coal is burned as fuel or gasified to create a synthetic gas (syngas) that can then be used as feedstock for the production of chemicals, fertilizer and electric power. Coal is also used for producing heat through combustion. The U.S., Russia, Australia, China, India and South Africa have the...4Dec2012 | vitalstocks | Comments Off | Continued
(CNX) Consol Energy Resumes Operations in Two Coal Mines
Diversified fuel producer, Consol Energy Inc. (CNX) resumed production in Bailey and Enlow Fork Mines in southwestern Pennsylvania. The coal production was paused due to mechanical failures in the newly installed conveyor system at...28Aug2012 | vitalstocks | Comments Off | Continued
(NRP) Natural Resource Partners L.P. Completes Phased Acquisition
Natural Resource Partners L.P. (NRP) completed its phased acquisition of 200 million tons of coal reserves in Deer Run Mine, Illinois from Colt LLC, a unit of Cline Group. This sixth and final leg of the planned acquisition cost the...27Aug2012 | vitalstocks | Comments Off | Continued
(PVR) Penn Virgina Resource Partners – Bear of the Day
Penn Virgina Resource Partners (PVR) has been downgraded from Neutral to Underperform. The change in rating comes as commodity prices have fallen along with a drop in coal production and an increase in emission free resources. Penn...21Aug2012 | vitalstocks | Comments Off | Continued
(PVR) Penn Virginia Resource Partners – Bear of the Day
We have downgraded our recommendation to Underperform from Neutral on Penn Virginia Resource Partners LP (PVR), primarily due to lower commodity prices, a drop in coal production and increase in switching to emission free resources...18Aug2012 | vitalstocks | Comments Off | Continued
(ACI) Coal Industry Stock Review – August 2012 – Industry Outlook
Coal has been used for nearly as long as mankind has thrived. From the times of the cavemen to the present day, coal is used for everything from cooking to heating to running steam-powered trains to generating electricity. Today, coal is burned as fuel or gasified to create a synthetic gas...4Aug2012 | vitalstocks | Comments Off | Continued
(ACI) Arch Coal Incorporated – Bear of the Day
Arch Coal, Inc. (ACI) missed both our top and bottom line expectations in the first quarter of 2012, owing to increasing operations costs and lower domestic sales. We expect little abatement in the declining trend in the upcoming quarters. Possible...2Jul2012 | vitalstocks | Comments Off | Continued
(ATI) Allegheny Technologies Retained at Neutral
We are maintaining our Neutral recommendation on diversified specialty materials producer Allegheny Technologies (ATI). Its fourth-quarter 2011 earnings per share of 31 cents missed the Zacks Consensus Estimate of 54 cents. However,...26Apr2012 | vitalstocks | Comments Off | Continued
(PCX) Patriot Coal Lowers Production
Bowing to the pressures of the sluggish market demand for coal, Patriot Coal Corporation (PCX) decided to lower the production of thermal coal. As a result, the company’s Freedom underground mine will remain idle. The mine, located...25Apr2012 | vitalstocks | Comments Off | Continued
(ACI) Coal Industry Stock Review – April 2012 – Industry Outlook
Coal has been used for nearly as long as mankind has thrived. From the times of the cavemen to present day, coal is used for everything from cooking to heating to running steam-powered trains to generating electricity. Today, coal is burned as fuel or gasified to create a synthesis gas (syngas)...24Apr2012 | vitalstocks | Comments Off | Continued
(BHP) BHP Billiton – ADR – Bear of the Day
We downgrade our recommendation on BHP Billiton Ltd. – ADR (BHP) from Neutral to Underperform based on declining industrial demand on the back of sluggish economic growth in Europe and U.S. Other headwinds include competition...21Dec2011 | vitalstocks | 0 comments | Continued
(BHP) Court Piles Taxes on Vale
A week ago, Australian lower house has announced the approval of tax on profit for coal and iron ore mining. The news came as a blow to BHP Billiton Ltd. (BHP), Rio Tinto plc (RIO),...8Dec2011 | vitalstocks | 0 comments | Continued
(ACI) Arch Coal Incorporated – Bear of the Day
Arch Coal, Inc.’s (ACI) third quarter missed on account of the Midwestern flooding and the geological challenges in Appalachia. This was offset in part by improved metallurgical coal shipments and robust met coal pricing. Going...2Dec2011 | vitalstocks | 0 comments | Continued
(BHP) U.S. Natural Gas Price Forecast
by David Fessler, Investment U Senior Analyst Tuesday, November 15, 2011: Issue #1643 Most natural gas drillers have been scrambling to reposition their...22Nov2011 | InvestmentU | 0 comments | Continued
(CNX) CONSOL Energy Guides for a Stronger Finish
Diversified fuel producer CONSOL Energy Inc. (CNX) provided guidance for coal exports in the range of 10 to 10.5 million tons for 2011, up from the initial coal exports outlook of 10 million tons. CONSOL Energy is quite confident...24Sep2011 | vitalstocks | 0 comments | Continued
(ANR) U.S. Railroads See Coal Demand Worries
Despite the impacts of inclement weather and staggering fuel prices, U.S. Railroads saw strong momentum in the first half of 2011 primarily driven by higher coal volumes. Coal shipments, which accounted for approximately 40% of the total railway shipment, led to positive market sentiments. However,...23Sep2011 | vitalstocks | 0 comments | Continued
(BHP) Mining Companies Driving Bullish Sentiment in Australia
by Justin Dove, Investment U Research Thursday, September 15, 2011 As precious metal and rare earth prices remain high, so do the margins for mining...19Sep2011 | InvestmentU | 0 comments | Continued
(NRP) Natural Resource Partners L.P. Beats Expectations – Increases Guidance
Natural Resource Partners L.P. (NRP) announced its second-quarter 2010 operating earnings of 48 cents per unit, surpassing the Zacks Consensus Estimate by 4 cents. The results of the partnership were a dime ahead of the year-ago figure. Revenue Total...5Aug2011 | vitalstocks | 0 comments | Continued
(WLT) Walter Energy Misses on Weather Woes
Second quarter operating earnings for Walter Energy Inc. (WLT) came in at $2.36 per share, falling substantially short of the Zacks Consensus Estimate of $4.09. Such a miss stemmed from difficult geology in Alabama and weather-related...5Aug2011 | vitalstocks | 0 comments | Continued
(BHP) Rio Tinto Sales Up – Misses Estimate
Rio Tinto plc. (RIO) has reported financial results for the first half of 2011. Net earnings attributable to ADR holders of Rio Tinto during the period were $7,587 million, up 30% year over year from $5,845 million reported in the...5Aug2011 | vitalstocks | 0 comments | Continued
(ACI) Coal Industry Stock Review – August 2011 – Industry Outlook
The rebound phase for the coal industry from the 2008-2009 turmoil continued in 2011. The global economic outlook started improving following the turmoil of late 2008. The U.S. economy came out of the recession in the summer of 2009 and has been in a recovery mode since then, though the pace of improvement...2Aug2011 | vitalstocks | 0 comments | Continued
(BHP) Company News for July 18, 2011 – Corporate Summary
• BHP Billiton Ltd. (NYSE:BHP) said it will be acquiring Petrohawk Energy Corporation (NYSE:HK) for $12.1 billion • Investor Carl Icahn offered to buy Clorox Corporation (NYSE:...18Jul2011 | vitalstocks | 0 comments | Continued
(TIE) Titanium Metals and Boeing Extend Deal
Titanium Metals Corporation (TIE) announced that it has extended its titanium supply agreement with The Boeing Company (BA) through December 31, 2018. In November...15Jul2011 | vitalstocks | 0 comments | Continued