Patriot Coal and Peabody Energy Benefit From Favorable Pricing Environment
The Bedford Report released research on Patriot Coal (NYSE:PCX) and Peabody Energy (NYSE:BTU).
The Bedford Report released research on Patriot Coal (NYSE:PCX) and Peabody Energy (NYSE:BTU).
The Bedford Report released coal industry research and a report on Patriot Coal (NYSE:PCX) and Peabody Energy (NYSE:BTU).
Patriot Coal Corporation (NYSE:PCX) announced it was awarded another 2011 Appalachian Regional Reforestation Initiative Award.
StockCall released research on Patriot Coal Corporation (NYSE:PCX) and Peabody Energy Corp. (NYSE:BTU).
Patriot Coal Corp (PCX.N) has received a permit for a new mine in West Virginia. This is one of 79 cases that had been held up by the Environmental Protection Agency for evaluation on whether surface mining operations pollute local water.
Upgrade season is on and for coal and things seem to be heating up. Coal prices appear to be at a bottom and credit markets are beginning to work again, which should provide a positive catalyst for the industry. Cancellations of mining projects stabilized in February as well. To add to the positive news, J.P. Morgan on Monday upgraded mining firms Joy Global (JOYG) and Bucyrus International Inc. (BUCY) to neutral from underweight.
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