The emergence of natural gas as a cheaper energy alternative in the U.S. has been a major problem for coal investors in 2012. Coal stocks may finally be on the upswing as foreign demand for coal remains strong. China has recently approved 23 billion in steel projects, and India's coal production is failing to meet their growing demand. The Paragon [...]
2nd Quarter, 2012, Revisions of S&P/TSX IndicesTORONTO, June 8, 2012 /CNW/ - S&P Canadian Index Services will make the following index changes as a result of the Quarterly S&P/TSX Composite Index review. These changes will be effective at the open on Monday, June 18, 2012:S&P/TSX COMPOSITE INDEXADDITIONSIssue NameSymbol60/CompletionLive Composite [...]
ST. LOUIS, May 29, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX), a leading producer and marketer of coal in the eastern United States, today announced a new executive leadership team to improve its operating and financial structure.The following appointments by the Patriot Board of Directors are effective immediately:Irl F [...]
Coal demand has dropped drastically this year and as a result coal stocks have fallen sharply. A warm winter, stricter regulations, and an increasing number of power plant switching to natural gas from coal have all been contributing factors to coal's slide. Despite current conditions Sterne Agee analysts have recently published a note saying the [...]
ST. LOUIS, May 22, 2012 /PRNewswire/ -- Earlier this month, Patriot Coal Corporation (NYSE: PCX) announced that it entered into a commitment letter for a new revolving credit facility and new term loan facility for a total of $625 million from Citigroup Global Markets, Inc., Barclays Bank PLC and Natixis, New York Branch. Patriot Coal [...]
HONG KONG -- (Marketwire) -- 05/17/12 -- Today, www.BrightonMarkets.com announced new reports highlighting Lifevantage Corporation (OTCBB: LFVN) and Patriot Coal Corporation (NYSE: PCX). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=LFVN&cob=PCX.
ST. LOUIS, May 14, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) announced today that it is revising its outlook provided in its press release issued on May 8, 2012. Based on recent developments involving the potential default by a key customer, Patriot, with respect to its ...
ST. LOUIS, May 10, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) announced the re-election of three members of its board of directors at the Company's annual meeting of stockholders held in St. Louis today. Additionally, Ernst & Young was ratified as the Company's independent ...
The Paragon Report Provides Stock Research on Peabody Energy and Patriot CoalNEW YORK, NY -- (Marketwire) -- 05/10/12 -- President Barack Obama has continued to show strong support of energy development in the U.S., but recently failed to mention the coal industry in his State of the Union address or during a recent tour promoting his policies [...]
ST. LOUIS, May 8, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter ended March 31, 2012. For the 2012 first quarter, the Company reported revenues of $502.6 million and Adjusted EBITDA of $36.2 million. "Since the ...
ST. LOUIS, May 7, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) today announced that a number of its operations received safety awards from the Joseph A. Holmes Safety Association. Awards were presented based on the best safety record in 2011 by size of operation in each of the ...
ST. LOUIS, May 1, 2012 /PRNewswire/ -- On Tuesday, May 8, 2012, Patriot Coal Corporation will announce results for the quarter ended March 31, 2012. A conference call with management is scheduled for 10:00 a.m. Central Time on Tuesday, May 8.
Participants may access the call using the following phone numbers: