In an attempt to bolster U.S. steel production and reduce dependency on foreign steel, President Joe Biden has imposed new restrictions on steel imports from Mexico…
Holy supply disruptions, Batman. Not one, not two, but these THREE separate incidents are going to tighten up metallurgical coal markets over the next month or so…
In the wake of the fire at Allegheny Met Coal’s Longview Mine, we take a look at what the possible market effects might be…
An underground fire that began on June 30 at Allegheny Metallurgical Coal’s Longview Mine in Barbour County, West Virginia, has so far not stirred significant concern in the market. The incident at the mine, which only started operations in late 2023 and has a projected annual output of up to 3.1 million short tons, led to a halt in operations…
The U.S. Army Corps of Engineers (USACE), Mobile District, has announced the closure of the Holt Lock in Alabama, cutting off river transportation for Peabody and Warrior…
For our third installment in the series here, I thought it best to tackle Peabody Energy BTU -1.91%↓. That’s not necessarily because it’s an interesting risk-reward at this point in the market cycle. Rather, it’s simply because I get more questions on it than any other coal stock. Well, that and it has had the most predictable trading range of the entire sector…
I don’t care for technical analysis much, but sometimes it is the best framework on which to build trade ideas. We examine that here, using HCC as an example…
I don’t care for technical analysis much, but sometimes it is the best framework on which to build trade ideas. We examine that here, using AMR as an example…
After being unable to export coal with the Port of Baltimore’s main channel blocked in the wake of the Francis Scott Key Bridge disaster, the CSX railroad said its terminal here has resumed coal shipments and expects to be back to normal early next week…
The Twitterati love to trash BTU management after earnings calls…but that’s because they don’t understand the story.
Demonstrating resilience and growth, the company announced increased coal sales volumes, record oil & gas royalty volumes, and…
The company experienced a decrease in net income and adjusted EBITDA compared to the same period last year, with revenues also showing a decline.