-
Still Some Lumps With The Coal ETF
Friday, April 26, 2019 - 8:59am | 609Read More...Declining costs for alternative energy coupled with countries and states pushing for increased use of clean energy sources are among the factors weighing on the global coal industry. The VanEck Vectors Coal ETF (NYSE: KOL) is up nearly 9 percent year-to-date, indicating some investors still have...
-
Higher Coal, Chemicals Rail Volumes Lift U.S. Carloads
Wednesday, April 17, 2019 - 6:18pm | 375Read More...Higher coal and chemicals volumes drove U.S. carloads upward on a weekly basis for the first time since late February, according to the latest data from the Association of American Railroads (AAR). But despite that weekly gain for U.S. carloads, overall U.S. rail traffic still softened. AAR...
-
Don't Panic: China Has Not 'Banned' Australian Coal Imports
Friday, February 22, 2019 - 12:18pm | 2013Read More...Widespread jitters in the Australian political and business communities that China may have banned imports of Australian coal now appear to be unfounded. Customs clearance delays at Dalian are happening owing to entirely "normal" reasons and coal cargo can be re-routed around a given port...
-
Less Gold On The Horizon For Aurizon; Big Fall In Revenues, Profits
Tuesday, February 12, 2019 - 12:43pm | 1267Read More...Australian bulk rail freight operator Aurizon yesterday (February 11, 2019) reported decreases in top-line revenues, earnings before interest, tax and depreciation, and a big decline in net profit after tax. ASX-listed Aurizon recorded top line revenues of AU$1.46 billion (U.S. $1.03 billion) for...
-
Stifel: The Market Is Undervaluing Charah Solutions
Monday, July 9, 2018 - 2:40pm | 392Read More...The market is pricing in a secular decline in coal-fired and nuclear power generation, but the decline is occurring at a slower pace than investors realize — a bullish signal for Charah Solutions Inc (NYSE: CHRA), according to Stifel. The Analyst Stifel's Michael...
-
Citi's 'More Constructive' Stance On Coal Leads To Warrior Met Coal Upgrade
Thursday, February 22, 2018 - 4:18pm | 245Read More...Warrior Met Coal Inc (NYSE: HCC), a U.S.-based producer of and exporter of coal for the steel industry, has seen its stock gain more than 70 percent over the past year. There's still room for more upside, according to Citi. The Analyst Citi's commodities analyst upgraded Warrior Met Coal...
-
Southern Company's CEO Talks Tax Reform, Nuclear Project Updates
Wednesday, February 21, 2018 - 10:50am | 316Read More...Southern Co (NYSE: SO) reported fourth-quarter results Wednesday that beat Wall Street's expectations on the top- and bottom-line. After the print, the company's CEO Thomas Fanning was a guest on CNBC's "Squawk Box" segment to talk about the results and the tax...
-
Bernstein's Bullish Stance On BHP Has Come To An End
Monday, January 22, 2018 - 3:49pm | 409Read More...Analysts at Bernstein's bullish stance on BHP Billiton Limited (ADR) (NYSE: BHP) was based on the premise that the involvement of activist investor Elliott Management would bring in some of the necessary changes to the company. But Monday, the firm parted ways with its bullish stance after...
-
Here's How The States With The Cheapest Electricity Are Generating Their Power
Sunday, August 13, 2017 - 5:21pm | 608Read More...Considering the generally high cost of air conditioning, the fact that New Mexico has the lowest average monthly energy bill of any state may come as a surprise. But perhaps more surprising is that its trick isn’t living by candlelight or killing the cooling system. It’s living by coal...
-
The Best And Worst States For Business In 2017
Wednesday, July 12, 2017 - 4:15pm | 339Read More...West Virginia is the worst state for businesses in 2017, according to CNBC. The state has historically performed poorly in CNBC's rankings, but in 2017 it ranked last for the first time ever. Achieving a score of just 942 out of a possible 2,500, the coal-heavy state is one of just seven states...
-
Trump Keeps His Promise To Add Coal Jobs, Though Not To The Degree His EPA Head Claims
Thursday, June 8, 2017 - 12:16pm | 509Read More...From the administration’s perspective, the long-declining coal mining sector is looking rosy. “Since the fourth quarter of last year until most recently, we’ve added almost 50,000 jobs in the coal sector,” Environmental Protection Agency Administrator Scott Pruitt said...
-
Gartman On Oil Prices: Expect Further Downside Due To Contango
Monday, June 5, 2017 - 1:30pm | 496Read More...Dennis Gartman, editor and publisher of "The Gartman Letter," is known for shifting his stance on oil from bull to bear given the highly volatile and constantly changing factors that determine the price of oil. For instance, Gartman's 2016 call that oil won't trade above $44 per barrel in his...
-
A Once-Hot ETF Now Looks Pricey
Sunday, April 9, 2017 - 6:21pm | 508Read More...The VanEck Vectors Steel ETF (NYSE: SLX) was one of the premier “Trump trades,” soaring last year as Donald Trump's protectionist campaign trail rhetoric sparked once moribund steel stocks. Year-to-date, SLX is up 5.6 percent, but there are concerns Trump trades are waning....
-
Coal ETF Still Hoping Trump Delivers
Thursday, April 6, 2017 - 9:44am | 462Read More...The VanEck Vectors Coal ETF (NYSE: KOL) was one of last year's best-performing non-leveraged exchange-traded funds for a simple reason: Of the two nominees for the U.S. presidency, one was vocal in her disdain for the coal industry while one vowed to restore the industry's lost jobs....
