New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 11, 2013
14:45 EDTCLD, CNX, BTU, WLT, ARLP, ANR, ACI, JRCCObama considering new rules on power plant emissions, Washington Post says
President Obama is considering using the EPA to issue new rules governing carbon emissions by existing power plants, according to The Washington Post. Reference Link
News For CLD;CNX;BTU;WLT;ARLP;ANR;ACI;JRCC From The Last 14 Days
Check below for free stories on CLD;CNX;BTU;WLT;ARLP;ANR;ACI;JRCC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2014
17:19 EDTANRAlpha Natural announces plans to downsize West Virginia mining operations
Eight operating affiliates of Alpha Natural Resources have notified their employees late this afternoon that the coal mines and other facilities where they work are subject to being idled due to sustained weak market conditions and government regulations that have challenged the entire Central Appalachian mining industry. In accordance with requirements of the Worker Adjustment and Retraining Notification Act, notice has been given today to approximately 1,100 employees at 11 Alpha affiliated surface mines in West Virginia, as well as preparation plants and other support operations, advising them of the expected idling of those facilities based on Alpha's current assessment of market conditions. While no reductions in force are occurring immediately at these sites, they are currently planned to take place by mid-October.
07:40 EDTWLTWalter Energy sees FY14 met coal production 9.0-10.0 MMTs
The company expects full-year 2014 met coal production to be between 9.0 and 10.0 MMTs and full-year 2014 met coal sales volume to total between 9.5 and 10.5 MMTs, a reduction from the previous outlook of 10.5 to 11.5 MMTs, primarily because the company's principal coal transportation provider at the Brule mine in Canada ceased operations in June. The Company expects full-year 2014 capital spending to total approximately $120M.
07:39 EDTWLTWalter Energy reports Q2 adjusted EPS ($1.97), consensus ($1.69)
Reports Q2 revenue $378.4M, consensus $376.53M. Reports Q2 met coal sales volumes, including both hard coking coal and low-volatility pulverized coal injection product, was 2.7M metric tons, representing an increase of 0.3 MMTs compared with the prior-year comparable quarter. The average selling price for HCC was $114.43 per MT, down from $153.54 per MT in the second quarter of 2013. Low-vol PCI had an average selling price of $109.37 per MT compared with $135.55 per MT in 2013.
July 29, 2014
16:30 EDTCLDCloud Peak sees FY14 capital expenditures $30M-$40M
Sees FY14 coal shipments for three owned and operated mines 85M-89M tons; anticipated realized price of produced coal with fixed prices of approximately $13.05 per ton; adjusted EBITDA $180M-$210M; net interest expense approximately $77M; depreciation, depletion and accretion $125M-$135M; and committed federal coal lease payments $69M.
16:26 EDTCLDCloud Peak reports Q2 non-GAAP EPS 1c, consensus (2c)
Reports Q2 revenue $320.9M, consensus $332.08M.
07:46 EDTACIArch Coal reports Q2 adj. EPS (46c), consensus (49c)
Subscribe for More Information
06:45 EDTCNXCONSOL reports Q2 coal production 8.3M tons
Subscribe for More Information
06:42 EDTCNXCONSOL raises FY14 E&P production guidance to 225-235 Bcfe from 215-235 Bcfe
CONSOL Energy recently raised its 2014 E&P production guidance range to 225 - 235 Bcfe from earlier guidance of 215 - 235 Bcfe. To achieve the mid-point of the new range, the company will need to produce approximately 60 Bcfe in Q3 and 70 Bcfe in Q4. The company has a record number of Marcellus Shale wells due to be tied into line in Q3.
06:40 EDTCNXCONSOL reports Q2 EPS (11c), may not compare to consensus 25c
Reports Q2 revenue $937.37M, consensus $923.28M. Reports Q2 E&P Division production 51.9 Bcfe, up 34%.
July 28, 2014
15:47 EDTCNXNotable companies reporting before tomorrow's open
Subscribe for More Information
07:11 EDTARLPAlliance Resource still sees 'strong' performance for rest of 2014
Subscribe for More Information
07:09 EDTARLPAlliance Resource Partners increases distribution by 2.25% to 62.5c
Subscribe for More Information
07:08 EDTARLPAlliance Resource Partners increases distribution by 2.25% to 62.5c
Subscribe for More Information
07:07 EDTARLPAlliance Resource reports Q2 EPS $1.37, may not compare consensus to $1.00
Reports Q2 revenue $598.6M, consensus $574.31M.
July 22, 2014
11:43 EDTBTUPeabody sees metallurgical coal demand picking up in 2H
Subscribe for More Information
08:08 EDTBTUPeabody sees Q3 adjusted EPS (53c)-(40c), consensus (20c)
Subscribe for More Information
08:07 EDTBTUPeabody sees FY14 sales of 245M-260M tons of coal
For FY14, Peabody now has total sales targets of 245M-260M tons, including U.S. sales of 185M-190M tons and Australian sales of 35M-37M tons. Sees U.S. costs per ton 1%-3% below 2013 levels on cost containment efforts, with U.S. revenues per ton 4%-7% below 2013 levels due to price re-openers and Australian costs in the low-to-mid $70 per ton range. Sees full-year depreciation, depletion and amortization approximately 5%-10% below 2013 levels.
08:03 EDTBTUPeabody reports 2Q adjusted EPS (28c), consensus (29c)
Subscribe for More Information
July 21, 2014
16:19 EDTACIArch Coal idles Cumberland River coal complex, eliminates 213 full-time jobs
Arch Coal announced that it is idling the Cumberland River Coal Company complex. The Cumberland River complex comprises two underground operations and related facilities. 213 full-time positions will be eliminated by idling Cumberland River. "With this move, we are actively responding to currently challenged metallurgical coal markets while striving to enhance our overall competitive cost position in Appalachia," said John Eaves, Arch's president and CEO. "Our strategy is to increasingly shift our portfolio toward higher-margin, lower-cost metallurgical coal operations, while retaining our valuable reserves for when market conditions strengthen in the future."

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use