Oxford Resource wins $19.5M settlement, shares +27%

|By:, SA News Editor

Oxford Resource Partners (OXF +27.4%) soars after winning a $19.5M settlement against Kentucky utility Big Rivers Electric in a dispute over a coal contract.

Today's big gain in OXF is a rare move for a stock that has lost most of its value in the past two years because of mounting debt and doubts about future coal demand.