mbeauclair's Comments mbeauclair's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/2183511/comments Beaten up coal names get beaten up some more in wake of the reportedly imminent Patriot Coal bankruptcy filing. Arch (ACI -8%), Peabody (BTU -5.4%), Alpha Natural Resources (ANR -8.5%) The coal ETF, KOL -4.2%. Isn't this the sort of thing that happens at bottoms? http://seekingalpha.com/currents/post/406361?source=feed#comment-7210111 7210111 Long BTU]]> Mon, 09 Jul 2012 16:54:54 -0400 Long BTU]]> Reports that China has approved new steel projects, a move that could boost steel prices, sends Peabody Energy (BTU +4.1%) to the top of the S&P leader board; BTU sells coal for making steel to Asia markets. Shares of fellow coal miners also surge: ANR +3.1%, PCX +4.6%, ACI +1.8%, CLD +1.7%. http://seekingalpha.com/currents/post/357051?source=feed#comment-6299021 6299021 Mon, 11 Jun 2012 05:23:51 -0400 Patriot Coal (PCX -28.6%) plunges and is pulling all coal stocks (KOL -1.8%) lower, due to a report the company has fielded informal pitches from bankruptcy advisors. Last week, PCX delayed a refinancing after disclosing a potential contract cancellation from a key customer. ACI -7%, JRCC -6.3%, ANR -5.1%, BTU -3.8%, WLT -3.5%, CNX -2.3%. http://seekingalpha.com/currents/post/330281?source=feed#comment-5695071 5695071 Tue, 22 May 2012 12:56:00 -0400 Power plants are renegotiating coal contracts and finding other ways to reduce coal deliveries as cheap natural gas weakens demand for their longtime staple fuel. In Q4, coal consumption by power generators fell 18.8% Q/Q and 9.4% Y/Y; as the price of natural gas has been cut in half from a year ago, the shift in power production surely has accelerated since. http://seekingalpha.com/currents/post/285941?source=feed#comment-4979281 4979281 Tue, 01 May 2012 13:03:17 -0400