The accompanying 5-month chart presents an analysis of the global price of near-month coal futures contracts from the U.S. (QL – Central Appalachian NYMEX Coal Futures), South Africa (AFR – Richards Bay ICE Coal Futures), and Europe (ATW – Rotterdam ICE Coal Futures) compared to the Market Vectors Coal ETF (KOL), U.S. Natural Gas Fund (UNG, and U.S. Oil Fund (USO). Although this is not a huge amount of historical data, the past five months presents an interesting analysis given the tremendous volati
The accompanying table contains a summary and statistics for 16 ETFI global equity indexes and two commodity pool fund ideas, with the short/inverse and defensive themes outpacing the overall market averages over the past year in the midst of ongoing market turmoil around the world.
Although currently out of favor with investors, new commodity pool fund ideas include timber and coal. The CoalFund is a commodity pool that is structured to track the performance of exchange-traded, near-month futures contracts
before i did bought some shares in pea body energy corp this company income 3billion dollars pea body is the leaders in coal and bigest producing energyit does realy in the long time holding first you will earn dividant and every time shares go down buy more shares every body need to use the heater if the econmy good or bad befoe i do buy any shares in any company ido reed barons in ups and down section you will spend the best 5 dollars you have but you will buy most honest magazines in the intear world they hire the highest braines from this earth and in my part i did screen all the c...
Peabody Energy Corporation, through its subsidiaries, engages in the exploration, mining, and production of coal worldwide. It owns interests in 31 coal operations located in the United States and Australia, as well as owns joint venture interests in a Venezuelan mine. The company also markets, brokerages, and trades coal. It also develops mine-mouth coal-fueled generating plants; produces coalbed methane; and develops Btu Conversion technologies, which are designed to convert coal to natural gas and transportation fuels. The company sells its steam coal to electric utilities and metallurgi...
Buying on the dip (and adding most of the quality producers). China is 70% and USA is 50% powered by coal, I don't think the demand is going anywhere but up LT.
Whether it's a recession or an economic boom, one thing doesn't change, the need for energy. And until technology leaps ahead, coal is the largest producer of fuel for the generation of electricity in the world. It's also the most abundant fossil fuel in the United States. Coal is obviously not recession immune as people tighten the reigns on their lives and cut back on electricity consumption, but the shear necessity of electricity makes the coal industry fairly resistant. An investment in an exchange traded fund (ETF) that is c
A couple of event in the last two weeks have me thinking about coal.
Today Arch Coal (ACI) said third-quarter net income more than tripled to $97.8 million, or 68 cents a share, from $27.3 million, or 19 cents a share in the year-ago period. Revenue increased to $770 million from $599 million. Wall Street analysts expected the St. Louis coal producer to earn 61 cents a share on revenue of $772 million, according to a survey by FactSet Research. Arch's trading and optimization function reported an $18.4 million loss in the third quarter, offset by a $26.9 million income tax benefit. "Despi...
A couple of event in the last two weeks have me thinking about coal.
Today Arch Coal (ACI) said third-quarter net income more than tripled to $97.8 million, or 68 cents a share, from $27.3 million, or 19 cents a share in the year-ago period. Revenue increased to $770 million from $599 million. Wall Street analysts expected the St. Louis coal producer to earn 61 cents a share on revenue of $772 million, according to a survey by FactSet Research. Arch's trading and optimization function reported an $18.4 million loss in the third quarter, offset by a $26.9 million income tax benefit. "Despi...
It's a shame to watch these stocks in coal and fertilizer execute and be shot day after day. Until the hedge funds are cleared of all their inventory, fundamentals simply don't matter. Peabody Energy (BTU)reported an excellent quarter today (beat earnings expectations by 56%) & raised guidance, but today's 12% gain in stock price does not even offset yesterday's loss - not to mention 3 months of going straight down. Just another company with a sub 10 PE ratio; join the pile.
Peabody Energy Corp. reported a higher-than-expected quarterly profit on Thursday, as it benefited from strong glo
StreetInsider.com Morning Movers:China TechFaith (NASDAQ: CNTF) 40% HIGHER; raises its Q3 sales guidance from $30-$35 million to about $43 million.Universal Forest Products, Inc. (Nasdaq: UFPI) 20% LOWER; reports Q3 loss of $0.01, may not compare to the analyst estimate of $0.36. Revenues for the quarter were $610.7 million, versus the consensus of $626.39 million. Universal Forest Products does not believe its previous sales and earnings targets for 2008 are achievable.Credit Suisse Group (NYSE: CS) 12% HIGHER; raised capital.Peabody Energy (NYSE: BTU) 10% HIGHER; reports Q3 EPS of $1.38, ...
Media Sentiment FREE alerts
- Media Sentiment alerts on 10/16/08 at 8:06am est, Three Thumbs Up at $24.24. the stop limits were indicated as:
Conservative:
Up(gain): $24.36
Do...
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