After a dismal 2012, the Coal Industry looks to be on the upswing as a recent report from the International Energy Agency predicts global coal demand over the next five years to grow at an average of 2.6 percent a year. The Market Vectors-Coal ETF (KOL) has gained nearly 7 percent over the last month. The Paragon Report examines investing [...]
The coal mining industry has experienced major struggles in 2012 as warm temperatures and the emergence of natural gas as a cheaper alternative have caused demand for the commodity to plummet. The Market Vectors-Coal ETF (KOL) has fallen 25 percent year-to-date. The Paragon Report examines investing opportunities in the Coal Industry and provides [...]
Coal stocks across the board fell sharply last week as Obama's re-election increased speculation that more regulations may be on the way for the already struggling industry. Both the Market Vectors Coal ETF (KOL) and the PowerShares Global Coal ETF (PKOL) both fell over 5 percent last week. The Paragon Report examines investing opportunities in the [...]
BRISTOL, Va., Nov. 9, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE:ANR), a leading U.S. coal supplier, today announced that members of Alpha's management team will provide a company overview and meet with investors at the 3rd Annual Dahlman Rose & Co. Global Metals, Mining & Materials Conference in New York, NY on Tuesday, November 13, and [...]
BRISTOL, Va., Nov. 2, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR), a leading U.S. coal producer, reported a third quarter loss of $46 million or $0.21 per diluted share, compared with net income of $63 million or $0.28 per diluted share in the third quarter of 2011. Excluding items detailed in the attached "Reconciliation [...]
Coal stocks have struggled in 2012 as abundant supplies and historically low prices have made natural gas a cheaper alternative for utilities. Natural gas futures in April plummeted to a 10 year low of $1.91 per thousand cubic feet. The Market Vectors-Coal ETF (KOL) -- which seeks to replicate the price and yield return performance of the Stowe [...]
BRISTOL, Va., Oct. 26, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha") today announced the completion of the previously announced cash tender offer by Alpha and Alpha Appalachia Holdings, Inc. (formerly Massey Energy Company) (the "Issuer" and, together with Alpha, the "Offerors"), for up to $350 million aggregate principal [...]
Coal stocks surged last Friday on speculation that steel demand was on the rise. Rising rebar prices in China have boosted prices for iron ore and analysts have speculated that metallurgical coal, used to make steel, may also soon be on the rise. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research [...]
BRISTOL, Va., Oct. 12, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha") today announced the early tender results of the previously announced cash tender offer by Alpha and Alpha Appalachia Holdings, Inc. (formerly Massey Energy Company) (the "Issuer" and, together with Alpha, the "Offerors"), for up to $350 million aggregate [...]
BRISTOL, Va., Oct. 11, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE:ANR), a leading U.S. coal producer, plans to report its third quarter 2012 results before the market opens on Friday, November 2, 2012. A conference call to review the results and current business conditions is scheduled to follow at 10:00 a.m. EDT that morning.The [...]
In the news release, Alpha Affiliated Mine Rescue Teams Take Top Honors at Nationwide Mine Rescue Skills Contest, issued 08-Oct-2012 by Alpha Natural Resources over PR Newswire, we are advised by the company that the sponsoring organization of this contest is the West Virginia Mine Rescue Alliance, not the Mine Safety and Health Administration [...]
BRISTOL, Va., Oct. 8, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE:ANR), a leading U.S. coal supplier, today announced that its affiliated mine rescue teams swept the top spots in the overall experienced teams' competition at the Nationwide Mine Rescue Skills Contest, which is sponsored by the Mine Safety and Health Administration (MSHA) and [...]
