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Stock Market & Financial Investment News

News Breaks
February 4, 2013
16:13 EDTCNXCONSOL Energy, VCCER announce coal steam carbon storage research project
CONSOL Energy the Virginia Center for Coal and Energy Research, or VCCER, at Virginia Tech announced today their collaborative efforts on a research project to be conducted in Buchanan County, VA, with funding from the U.S. Department of Energy's National Energy Technology Laboratory, or NETL. The project is one of the carbon storage alternatives being explored by the NETL and will test the potential of unmineable coal seams to store carbon dioxide. CONSOL Energy will donate the use of three coalbed methane wells in the pilot project to be conducted by VCCER and NETL.
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August 31, 2014
21:48 EDTCNXCoal stocks may get boost from Russia tensions, Reuters says
U.S. coal company stocks may get a boost in the near term if worsening relations between Russia and the West motivate President Putin to limit Europe’s natural gas supply, says Reuters. Publicly traded companies in the space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT). Reference Link
17:00 EDTCNXCoal miners become more optimistic as prices stabilize, WSJ says
Coal miners are becoming more optimistic as a two year glut of the fuel that has driven prices down seems to be abating, says the Wall Street Journal. Plant shutdowns and a pickup in buying from China and India are leading to more price stability and what some see as a gradual recovery, added the Wall Street Journal. Publicly traded companies in the space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT). Reference Link

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