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
  • Jul. 25, 2014, 4:14 PM
    | Jul. 25, 2014, 4:14 PM
  • Jun. 23, 2014, 11:35 AM
    • The U.S. Supreme Court places some limits on the EPA program to deal with power plant and factory emissions of gases blamed for global warming, trimming the scope of the agency's permitting effort while still allowing some emissions regulations at larger facilities such as power plants.
    • The Court says the EPA lacks authority in some cases to force companies to evaluate ways to reduce carbon dioxide emissions, but the decision does not affect EPA proposals for first-time national standards for new and existing power plants, and it preserves the EPA's authority over facilities that already emit pollutants the agency regulates other than greenhouse gases.
    • Justice Scalia, writing for the court, says the ruling will allow the EPA to regulate 83% of all greenhouse gases emitted from plants nationwide vs. the 86% the agency had sought.
    • ETFs: UNG, XLE, XLU, DGAZ, UGAZ, ERX, KOL, IDU, VDE, OIH, BOIL, GAZ, ERY, VPU, FCG, DIG, GASL, DUG, KOLD, IYE, UNL, GASX, NAGS, PXJ, FENY, RYE, UPW, RYU, FUTY, FXN, DCNG, FXU, DDG, SDP
    | Jun. 23, 2014, 11:35 AM | 7 Comments
  • Jun. 17, 2014, 7:17 PM
    • Foresight Energy (FELP) bets there's gold in coal, as the Illinois miner raises $350M in its IPO despite threats against the industry from regulators and competition from natural gas.
    • Foresight believes it is well positioned to supply coal because its Illinois mines have thick, contiguous seams and can be mined for one-third the cost of Appalachian mines.
    • The company controls three of the four most productive coal mines in the U.S., and demand for Illinois Basin coal generally is expected to increase to 185M tons in 2020 from 102M tons last year.
    • FELP today priced 17.5M shares at $20 each, valuing the company at $2.6B; shares are expected to start trading tomorrow.
    • ETF: KOL
    | Jun. 17, 2014, 7:17 PM
  • Jun. 16, 2014, 10:48 AM
    | Jun. 16, 2014, 10:48 AM | 10 Comments
  • Jun. 5, 2014, 3:26 PM
    • Gains in coal stocks (KOL) have gone up in smoke thanks to new rules from the EPA that would limit its use as a fuel for power generation, but shares are bouncing a bit today as Stifel analysts make the case for coal as a worthwhile investment.
    • Coal’s power market share dropped from 49% to 39% while the natural gas share rose from 19% to 27% from 2005 to 2013, but Stifel argues that much of the investment case for U.S. coal centers on its ability to step in as a low-cost, reliable Plan B if Plan A (gas and renewables) falls short, and the cold weather-impacted Q1 offered a glimpse of what this might look like.
    • Stifel favor exposure to U.S. coal mining firms in low-cost regions including the Illinois Basin, Powder River Basin and Northern Appalachia; these include Buy-rated Peabody Energy (BTU +2.2%), Cloud Peak Energy (CLD +2.2%) and Consol (CNX +3.6%).
    • Also: ANR +5.6%, WLT +4.8%, ACI +3.4%, WLB +1.2%.
    | Jun. 5, 2014, 3:26 PM | 11 Comments
  • Jun. 3, 2014, 7:02 PM
    | Jun. 3, 2014, 7:02 PM | 7 Comments
  • Jun. 3, 2014, 2:22 PM
    • Meeting the world’s energy supply needs by 2035 will require more than $48T of investment, with more than half needed to compensate for declining output at mature oil and gas fields and the rest on finding new supplies to meet rising demand, the IEA says in a new report.
    • North American shale output is forecast to tail off from the middle of next decade, restoring the importance of supplies from the Middle East and OPEC.
    • Europe could face an energy shortfall if power companies and oil producers fail to invest ~$2.2T through 2035 to replace aging electricity infrastructure and meet regulatory goals to reduce carbon emissions, according to the agency, which advises industrialized nations on energy policy.
    • ETFs: XLE, ERX, KOL, VDE, OIH, ERY, FCG, XOP, DIG, GASL, DUG, FRAK, IYE, IEO, IXC, GASX, PXE, IPW, PXJ, FENY, RYE, FXN, GNAT, DDG, FILL, EMEY
    | Jun. 3, 2014, 2:22 PM | 5 Comments
  • Jun. 3, 2014, 12:45 PM
    | Jun. 3, 2014, 12:45 PM | 6 Comments
  • Jun. 2, 2014, 7:27 PM
    • Representatives of the coal and utility industries criticized proposed new U.S. emissions rules for power plants, but WSJ reports that some were relieved the outcome wasn't worse.
    • The industries had been hoping the EPA would apply emission reduction standards from a baseline of 2005, and they feared the EPA draft would use a more recent, and thus tougher-to-meet baseline, but the Obama administration decided on 2005 after all.
    • Coal-fired power plants won't have much difficulty meeting the EPA's mandate for a 30% reduction in carbon emissions by 2030, an industry lobbyist says, since carbon emissions from coal plants have dropped 14% since 2005 (also).
    • However, coal companies and electric plants remain concerned about an earlier deadline to reduce emissions 25% by 2020; other big consumers of power, such as steel mills, say they too could have a tough time with the new rules.
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, KWT, GASL, DUG, SLX, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | Jun. 2, 2014, 7:27 PM | 17 Comments
  • Jun. 2, 2014, 3:31 PM
    • Walter Energy (WLT -6.3%) shares aren't helped by the coal producer's statement that new EPA proposals aimed at controlling carbon emissions from U.S. power plants should have no material impact on the company; in fact, WLT is down more than peers: CNX +1.1%, BTU +0.1%, CLD -0.3%, ACI -2.8%, ANR -4.6%.
    • Long-term losers also will include electric companies that burn lots of coal - such as American Electric Power (AEP +0.1%), Duke Energy (DUK -0.3%), Southern Co. (SO -0.3%) and NRG Energy (NRG -0.1%) - but stiff regulations have been expected for some time.
    • Likely winners include companies that pump natural gas and those that use it as their primary fuel, such as Calpine (CPN +0.3%), and companies that operate nuclear plants that generate little carbon but have been expensive to run, such as Exelon (EXC -1%), hope that their aging plants will become more competitive.
    • A reduction in coal-fired capacity would increase utilities' demand for natural gas by 3B-10B cf/day from 22B cf/day now, potential benefiting major natural gas producers like Chesapeake Energy (CHK +2.1%), Cabot Oil & Gas (COG -0.8%) and Range Resources (RRC -0.6%).
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, GASL, DUG, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | Jun. 2, 2014, 3:31 PM | 26 Comments
  • Jun. 2, 2014, 3:49 AM
    • The Environmental Protection Agency will propose legislation mandating U.S. power plants to cut greenhouse-gas emissions by an average of 30% by 2030 from levels 25 years earlier.
    • The proposal will be unveiled later today, and is in line with President Barack Obama's climate-change and environmental protection agenda.
    • Each state will have different reduction standards, with the national average being 25% by 2020 and 30% by 2030.
    • The law would affect hundreds of fossil-fuel power plants, and would strike the nation's 600 coal-fired plants the hardest.
    • ETFs: KOL
    | Jun. 2, 2014, 3:49 AM | 55 Comments
  • May 30, 2014, 10:39 AM
    • Morgan Stanley analysts are convinced Pres. Obama's plan for cutting carbon emissions from existing power plants will call for a greater than 17% reduction when it is unveiled early next week, meaning the impact on coal demand would be “substantial” in the long term.
    • In 2009, Obama called for a 17% cut in emissions from 2005 levels by 2020; if he were to stick to that target, the industry might not feel too much pain since lower coal plant output already has cut U.S. power-sector carbon emissions by ~11% since 2005.
    • NYT reported this week that Obama will use his authority to cut emissions from coal-fired power plants by up to 20%, in turn spurring the creation of a state cap-and-trade program.
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, GASL, DUG, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | May 30, 2014, 10:39 AM | 10 Comments
  • May 28, 2014, 7:23 PM
    • Pres. Obama’s plan to combat climate change could cost the U.S. economy $50B/year and destroy more than 200K jobs, the U.S. Chamber of Commerce argues in a new study that comes out just days before the EPA is expected to lay out new guidelines aimed at slashing greenhouse gas emissions, largely by shifting the nation away from the use of coal.
    • The EPA hopes to reduce the percentage of U.S. electricity generated by coal to 14% by 2030 from 37% today, while the amount of electricity generated by natural gas would rise to 46% by 2030 from 30% now.
    • Groups supporting the new EPA goals say they will make the U.S. more energy efficient, cut household energy costs and even create thousands of new jobs; the Natural Resources Defense Council comes out with a report tomorrow making those claims.
    • ETFs: XLE, XLU, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, GASL, DUG, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | May 28, 2014, 7:23 PM | 62 Comments
  • May 27, 2014, 11:59 AM
    • The Obama administration is planning to introduce next week a new climate-change initiative that would allow states to use cap-and-trade systems, renewable energy and other measures to reduce carbon emissions by existing power plants.
    • The proposal, which would affect hundreds of power plants nationwide, is designed to allow states some flexibility in meeting benchmarks instead of placing emissions limits on individual plants.
    • The EPA is scheduled to complete the rule by June 2015 with states submitting their plans the following yea. but likely lawsuits and political opposition could easily upend that timeline.
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, VPU, DIG, DUG, IYE, PXJ, RYE, FENY, UPW, FUTY, RYU, FXN, PUI, FXU, DDG, SDP, PSCU
    | May 27, 2014, 11:59 AM | 11 Comments
  • May 16, 2014, 5:03 AM
    • The White House is considering forcing power plants to cut carbon emissions by 25% over a 15-year period, Bloomberg reports.
    • The problem is that owners can only cut so much of a facility's emissions by increasing efficiency, so a lot of the reduction could have to come by "going outside the fence," such as by deepening the use of renewable energy, improving grid efficiency and encouraging customers to use less electricity.
    • Trying to compel operators to rely on such external measures could run afoul of what the government is allowed to do under the Clean Air Act.
    • ETFs: KOL, XLU, IDU, VPU, RYU, PUI, UPW, FXU, SDP, PSCU, FUTY, UTLT
    • Coal Tickers: PCXCQ, BTU, WLT, CNX, ACI, ANR, JRCC, YZC, ARLP, AHGP, NRP, PVR, PVG, PVA, OXF, CLD, WLB, RNO
    • Utilities: ED, POM, PEG, FE, NST, UTL, ETR, EXC, D, NU, PCG, DUK
    | May 16, 2014, 5:03 AM | 126 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.
See more details on sponsor's website
Country: United States
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub