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0.000894254415381157 0 5.58909009612727E-05 0.00776883523362389 0.00771517996870098 0.0105074893807288 0.00748938072881737 0.00748938072881737
Stock impact report

How to Make It in Coal Mining: Don't Count on Coal [Bloomberg Business News]

Arch Resources, Inc. Class A (ARCH) 
Last arch resources, inc. class a earnings: 4/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.archcoal.com
If one wanted to own coal stocks, then Arch Coal Inc. is probably the right kind of coal stock to own. Why? Because it isn't terribly bullish about coal. That's good because coal is in its twilight years. Beset by cheap natural gas, rapidly cheapening renewable energy and growing intolerance for its emissions (of which carbon is only one), coal's defenders have had to resort to cunning plans such as the Department of Energy's rejected Operation Squirrel (NB: I made that name up). The Twilight Saga: Eclipse U.S. coal consumption has dropped more than a third from its peak a decade ago Data: Energy Information Administration; graphic by Bloomberg Gadfly Note: Data are for trailing 12 months. On Tuesday morning's earnings call, Arch's management was asked about Powder River Basin coal (which accounts for about 44 percent of their revenue). I mean, does this sound like an answer from a raging coal bull? I think we could see rising prices in the PRB. B Show less Read more
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