VanEck Vectors Coal ETF (KOL) - NYSEARCA
  • Jul. 29, 2014, 10:33 AM
    • Arch Coal (ACI +3.5%) moves higher after its Q2 earnings loss came in better than expected as operating costs per ton fell 7%.
    • Q2 sales fell 7% Y/Y to $713.8M, missing analyst consensus, but operating costs per ton fell to $20.55 from $21.19.
    • ACI lowers its FY 2014 sales volume targets, including cutting its thermal sales volumes forecast to 124M-130M tons from 124M-132M tons to reflect the effects of transportation bottlenecks and the impact of a fall in steel production.
    • Other coal names also are higher: ANR +4.3%, ARLP +2.4%, PVA +1.9%, WLB +1.9%, BTU +1.4%, RNO +0.9%, WLT +0.8%, KOL +0.4%.
    | Jul. 29, 2014, 10:33 AM | 3 Comments
  • Nov. 7, 2012, 8:55 AM

    More on James River Coal's (JRCC) Q3 results: Repurchased $53.7M of its outstanding debt at "very advantageous market prices." Currently has $172M in available liquidity vs. $192M reported at the end of Q2. The results, combined with Pres. Obama's election victory, send shares -18.5% premarket; BTU -6.4%, ANR -8.9%, ACI -9.4%, WLT -5.3%.

    | Nov. 7, 2012, 8:55 AM | 3 Comments
KOL Description
VanEck Vectors Coal ETF (KOL) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Coal Index (MVKOLTR), which is intended to track the overall performance of companies involved in coal operation (production, mining, and cokeries), transportation of coal, from production of coal mining equipment as well as from storage and trade.
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Country: United States
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