1 hr ago
Generate A 4.3% Return While You Wait For Coal's Rebound
But not all commodities have kept pace. Coal prices have suffered from the fracking boom, as natural gas inventories rose and prices fell.
Trending on the Topix Network
Tue Apr 22, 2014
Arch Coal's Big Miss Brings the Pain
Shares of Arch Coal have dropped 7.8% to $4.59 at 11:39 a.m. after the coal miner reported a loss of 60 cents a share, well below forecasts for 42 cents.
Mon Apr 21, 2014
Dome structure over coal still a possibility on eve of Blue Creek Coal Terminal hearing
The future site of the Blue Creek Coal Terminal in Mobile, Ala. The Mobile City Council will listen to all sides of the terminal project during a hearing at 2:30 p.m. on Tuesday, April 22, 2014, at Government Plaza.
Option Clips: Plug Power, Walter Energy, and Altria Group
StockTwits today are fuel cell systems supplier Plug Power Inc and coal concern Walter Energy, Inc. .
Why Walter Energy (WLT) Stock Is Falling In Pre-Market Trading Today
The fall follows the coal producer stock being downgraded to "sell" from "neutral" by analysts and Goldman Sachs The firm cites a pessimistic met coal pricing outlook leading to below consensus EBITDA estimates a reason for the downgraded outlook.
Walter Energy cut to Sell, Arch Coal raised to Neutral at Goldman Sachs
Three factors underpin the Sell rating: the firm's EBITDA estimates are 59% and 35% below consensus for 2014 and 2015 given its met price view; it believes WLT's $250M asset sale goal will be difficult to achieve; and at current met prices, WLT may face a potential liquidity challenge in two years given negative free cash flow.
Thu Apr 17, 2014
Resource Investing News
Coal Miners Under Pressure as Prices Fall and Governments Look to Alternative Energy Supplies
The future does not look good for coal miners. Increasing government regulations, environmental concerns and public opinion in favor of energy alternatives are threatening the resource's market share, and to top that all off, coal prices have hit record lows that are set to continue into the second quarter of 2014.
Wed Apr 16, 2014
Resource Investing News
B.C. Coal Miners Take a Hit With Falling Prices
The Globe and Mail reported that a slump in coal prices is hurting mining in British Columbia, causing U.S. based Walter Energy Inc. to cease mining operations in the province.
Tue Apr 15, 2014
Why Walter Energy (WLT) Stock Is Up Today
The company anticipates incurring $7 million in severance charges in the second quarter of the fiscal year 2014 thanks to the idling.
Walter Energy to idle Canadian operations
Walter Energy +3.3% premarket on news it will begin idling its Canadian operations , including the Wolverine and Brazion coal mines in British Columbia.
Sat Apr 12, 2014
Going Over Walter Energy
At this point and barring signs of improvement in the metallurgical coal market, I see no point in risking long positions in Walter Energy.
Thu Apr 10, 2014
Consider Using Railroads To Play The Urge For Coal Exposure
James River Coal has entered the bankruptcy process to deal with industry challenges, and significant financial risk at Arch Coal and Walter Energy remain.
Wed Apr 09, 2014
Will This Downgrade Hurt Walter Energy (WLT) Stock Today?
The firm lowered its price target to $5 from $8. Walter Energy shares are down -3.0% to $8.09 on Wednesday.
Tue Apr 08, 2014
Tuesday Sector Leaders: Metals & Mining, Education & Training Services
In trading on Tuesday, metals & mining shares were relative leaders, up on the day by about 2.5%.
Tuesday's ETF Movers: XME, PIZ
In trading on Tuesday, the SPDR S&P Metals and Mining ETF is outperforming other ETFs, up about 2.4% on the day.
Thu Mar 27, 2014
Walter Energy Closes Offerings of $200 Million of Senior Secured...
The Notes will be guaranteed by each of Walter Energy's current and future wholly-owned domestic restricted subsidiaries that from time to time guarantees any of Walter Energy's indebtedness or any indebtedness of any of Walter Energy's restricted subsidiaries.
Wed Mar 26, 2014
UBS Smokes Walter Energy, Alpha Natural Resources With Mass Coal Downgrade
We've all heard of strip mining. Well UBS stripped the majority of the coal companies it covers , including Walter Energy and Alpha Natural Resources , of their Buy ratings today.
Tue Mar 25, 2014
Walter Energy Downgraded to "Neutral" at Ubs Ag
WLT has been the subject of a number of other recent research reports. Analysts at Goldman Sachs cut their price target on shares of Walter Energy from $10.00 to $9.00 in a research note on Monday.
Mon Mar 24, 2014
Walter Energy's Wolverine Mine Recognized by BC Ministry of...
The Wolverine mine completed the 2013 award year with no lost time injuries. In total, the Wolverine Mine has worked more than 14 months -- December 2012 through March 2014, without a lost time incident.