The Coal Trader

Tag: BTU

Updated Producer Comps

Met & Thermal Coal Producer Valuations along with a theoretical framework on how I think about valuing coal companies.

Mt Pleasant

Downgrading Thermal

I’m going to kick this off by reiterating my avoidance call on all thermal coal, that is US domestic and seaborne thermal.

Coal News Coal Markets Pig Iron

Metallurgical Comps

I spent some time updating metallurgical producer financial models today, so this will be a chart heavy post.

Coal News Coal Markets Peabody Energy

Peabody Post-Earnings Thoughts

After Peabody released earnings on Thursday morning, the market sold the stock off heavy and there wasn’t a good reason why.