
trading resumes after news of the company's new revolving credit facility. Other coal stocks ( KOL -1.8% ) still depressed: BTU -2.9% , WLT -4.6% , CNX -1.6% , ACI -4.9% , ANR -3.2% , JRCC -8% . Post your comment!
from bankruptcy advisors , and that it aims to retain them even if the company can't satisfy its near-term financing needs. ACI -7%, JRCC -6.3%, ANR -5.1%, BTU -3.8%, WLT -3.5%, CNX -2.3%. Post your comment!
By Paulo Santos : The risk was always there. When I wrote my article " The Long And Short Theses In Coal ," I wrote on how the coal sector ( KOL ) was exposed to a possible panic. This panic as arrived. The short thesis as defended by me isn't really a call to short, as much as a call to a ...
its outlook on the U.S. coal industry to negative and expects a "permanent" decline in some aspects of U.S. coal consumption. Other coal stocks are getting slaughtered too: ACI -7.7% , JRCC -8.6% , BTU -3.5% . 1 comment!
The controversy is important to not just to the US natural gas sector, but to the coal sector as well. James River Coal Company ( JRCC ) CEO mentioned shale gas declines in last week's earnings conference even though they produce no shale
James River Coal ( JRCC ): Q1 EPS of -$0.45 beats by $0.21 . Revenue of $280M (+83% Y/Y) beats by $3M . ( PR ) Post your comment!
We are dropping coverage of James River Coal JRCC . We have been consistently negative on the company's prospects for many years, and given the continuing challenges faced by
By Ganaxi Small Cap Movers : The average coal mining stock, as represented by the Market Vectors® Coal ETF ( KOL ), is flat YTD after a crippling 33% loss in 2011. The group has been hammered over falling demand due to both the weak global economy as well as competition from cheap natural gas and
Most of the factors that drive James River's success are not under the company's control: commodity prices, transportation, and environmental policies. Adverse changes in conditions would curtail profitability.It's currently unprofitable to produce thermal coal in Appalachia. James River is one of
similar to Walter Energy: WLT , Arch Coal: ACI , Alpha Natural Resources: ANR , Patriot Coal Corp: PCX , and James River Coal: JRCC ). The company, which went public on the Hong Kong Stock Exchange ("HKEX") via an effective reverse merger, owns and operates