Peabody Energy and Alpha Natural Resources Shares Rise as Foreign Demand Continues to Grow
02.07.2012 | Marketwired
Five Star Equities Provides Stock Research on Peabody Energy and Alpha Natural Resources
NEW YORK, NY -- (Marketwire) -- 07/02/12 -- It has been a tough year for coal stocks as plummeting natural gas prices have seen demand for coal in the U.S. drop dramatically. Yet coal stocks have been on the upswing recently on strong foreign demand as Peabody Energy CEO Gregory Boyce recently stated that demand from China has seen strong growth in recent months. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research on Peabody Energy Corporation (NYSE: BTU) and Alpha Natural Resources, Inc. (NYSE: ANR).
Access to the full company reports can be found at:
www.FiveStarEquities.com/BTU
www.FiveStarEquities.com/ANR
"We project they will reach a record 285 million tons in 2012 as the country increasingly looks to the seaborne coal markets," said Boyce at a recent conference. "We expect global metallurgical coal use to increase 25 percent by 2016, translating to an additional 250 million tons of demand growth, with the bulk of increases led by China and India."
The demand for coal has also been rising in India as their production levels have failed to meet the country's growing demand. The Centre for Monitoring Indian Economy predicts that India's coal imports will rise 28 percent this fiscal.
Five Star Equities releases regular market updates on the Coal Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
"We have multiple opportunities in coming years across all key levers of value creation: production growth, price upside, cost containment and valuation expansion," said Peabody Energy CEO Gregory Boyce. "There are bright spots amid recent market headwinds, including the recent increase in quarterly seaborne metallurgical coal prices, accelerating China coal imports and signs of stabilizing U.S. coal supply-demand fundamentals. Longer term, rising electricity generation and steel production required to fuel growing economies of the Asia-Pacific region will continue to drive sustained increases in global coal demand."
Alpha Natural Resources is one of the largest producers of coal in the United States. Alpha markets a wide array of thermal coal products to electric utilities and industry across North America, and is the largest U.S. supplier of metallurgical coal for the world's steel industry. The company has the production capacity of nearly 126 million tons of steam and metallurgical coal.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.fivestarequities.com/disclaimer
Contact:
Five Star Equities
Email Contact
NEW YORK, NY -- (Marketwire) -- 07/02/12 -- It has been a tough year for coal stocks as plummeting natural gas prices have seen demand for coal in the U.S. drop dramatically. Yet coal stocks have been on the upswing recently on strong foreign demand as Peabody Energy CEO Gregory Boyce recently stated that demand from China has seen strong growth in recent months. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research on Peabody Energy Corporation (NYSE: BTU) and Alpha Natural Resources, Inc. (NYSE: ANR).
Access to the full company reports can be found at:
www.FiveStarEquities.com/BTU
www.FiveStarEquities.com/ANR
"We project they will reach a record 285 million tons in 2012 as the country increasingly looks to the seaborne coal markets," said Boyce at a recent conference. "We expect global metallurgical coal use to increase 25 percent by 2016, translating to an additional 250 million tons of demand growth, with the bulk of increases led by China and India."
The demand for coal has also been rising in India as their production levels have failed to meet the country's growing demand. The Centre for Monitoring Indian Economy predicts that India's coal imports will rise 28 percent this fiscal.
Five Star Equities releases regular market updates on the Coal Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
"We have multiple opportunities in coming years across all key levers of value creation: production growth, price upside, cost containment and valuation expansion," said Peabody Energy CEO Gregory Boyce. "There are bright spots amid recent market headwinds, including the recent increase in quarterly seaborne metallurgical coal prices, accelerating China coal imports and signs of stabilizing U.S. coal supply-demand fundamentals. Longer term, rising electricity generation and steel production required to fuel growing economies of the Asia-Pacific region will continue to drive sustained increases in global coal demand."
Alpha Natural Resources is one of the largest producers of coal in the United States. Alpha markets a wide array of thermal coal products to electric utilities and industry across North America, and is the largest U.S. supplier of metallurgical coal for the world's steel industry. The company has the production capacity of nearly 126 million tons of steam and metallurgical coal.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.fivestarequities.com/disclaimer
Contact:
Five Star Equities
Email Contact