Coal Stocks On Fire (WLT, ANR, MEE)

The coal group is burning up today, as commodities in general are back into gear and firing on all cylinders. Shares of Walter Energy, Inc.

, which is a metallurgical coal producer, is up 5.4% to $88.31, a gain of $4.50. Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States. Alpha Natural Resources, Inc.

is up almost 6% today to $46.71, a gain of $2.62. ANR is another metallurgical coal producer, and this kind of coal is used primarily in steel-making. Massey Energy Company

is up again today, gaining almost 7% to $39.92, a gain of $2.57. Yesterday, Massey announced it was looking for "strategic alternatives." Massey Energy Company produces, processes, and sells bituminous coal primarily in the United States.