Peabody Energy News
When it comes to energy, emerging markets are where it's at -- that's why investors need to forget about the home market and look overseas.
Coal miners have had a tough time lately. Is the future still bleak?
Lobby spending is way down at big coal companies such as Peabody Energy and Alpha Natural Resources. Does it signal the beginning of the end for the industry?
The Illinois Pollution Control Board recently gave the green light to keep a handful of coal plants operating—that's a rare positive sign as coal-fired utilities are getting shut around the country.
Peabody Energy, Cliffs Natural Resources, and Arch Coal all depend on coal for the majority of their revenues; should investors jump ship?
In trading on Thursday, shares of Peabody Energy Corp (NYSE: BTU) crossed above their 200 day moving average of $18.76, changing hands as high as $19.06 per share. Peabody Energy Corp shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of
Coal stocks soared on Thursday, adding to their impressive rally so far in December.
Major U.S. companies, from Wal-Mart and Google Inc. to Shell and ExxonMobil, are including future charges for carbon emissions in their strategic plans, according to a report released on Thursday. The non-profit Climate Disclosure Project, which discloses the greenhouse gas emissions of the world's biggest corporations, found that 29 major companies that operate or are headquartered in the United States, factor in an "internal carbon price" of up to $60 per ton of emissions in their business strategies. Although the U.S. doesn't have federal rules that require companies to pay for heat-trapping carbon pollution, many firms expect such curbs in the future and have made allowances in their budget for "shadow" carbon prices. These range from $6 to $60 per ton of emissions to model a carbon-constrained scenario, said the report by the UK-based CDP.
Coal is basically just a rock, but that doesn't mean you can let it sit around forever before using it -- particularly for higher quality metallurgical varieties.
Natural gas prices are rallying and recently hit a six-month high. Here's why Chesapeake Energy, Exxon Mobil, and Peabody Energy each stand to benefit.
CONSOL's CEO recently talked about the future of energy in the United States, and he sees coal playing a big part.
Peabody is on pace for its third consecutive annual loss. FMHR trader Jon Najarian thinks new power plants in India, as well a cheap price makes the stock a buy. Stephen Weiss says coal will be under pressure....
The Third Plenary Session of the Central Committee for China's Communist Party could give some temporary relief to steel and coal companies like Nucor and Peabody Energy, but it could make for headaches further down the road.
CNBC's Seema Mody takes a look at several large cap stocks that are trading at attractive valuations.