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Alpha Natural Resources (ANR): Q1 EPS of -$0.27 misses by $0.21. Revenue of $1.93B (+71% Y/Y)...

Alpha Natural Resources (ANR): Q1 EPS of -$0.27 misses by $0.21. Revenue of $1.93B (+71% Y/Y) in-line. (PR)
Comments (5)
  • TruffelPig
    , contributor
    Comments (4084) | Send Message
     
    Ouch.
    3 May 2012, 07:20 AM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    The writing is on the wall for the coal industry.
    "So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted." Barack Obama 2008

     

    "What I’ve said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else’s out there." Barack Obama 2008

     

    This guy wants an "all of the above" strategy. All but coal, all but oil, all but natural gas. What's left solar, wind, hot air?
    3 May 2012, 07:38 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4084) | Send Message
     
    Coal is considered the "most dirty" of those while nat gas is considered the cleanest non-renewable or fossil fuel. I stayed away from coal mostly because of this even when Japan blew last year. However, alternative energy you can't play either (look at solar.....what a mess). What remains safe to play is oil - whether Obama likes it or not. Even he is driving a car I believe consuming gasoline.

     

    I stay out of the politics on this one as I would have to write something very very long arguing why we need to build up renewable energy urgently.
    3 May 2012, 07:44 AM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    It just doesn't seem to matter, if it comes out of the ground it's no good. Everyone knows the future is natural gas, why isn't our government throwing money at developing nat gas cars, trucks, and power plants. Ideology that's why.
    3 May 2012, 08:04 AM Reply Like
  • ANPRECIOUS
    , contributor
    Comment (1) | Send Message
     
    Keep in mind, the election is coming and most of the constraints on COAL will disappear. Hold until December!
    3 May 2012, 12:15 PM Reply Like
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