In Friday trading, Peabody Energy Corp shares are currently up about 0.6% on the day.
Stocks like Freeport-McMoRan, Vale and Peabody Energy sell on a construct of normalized 2014 earnings power.
Gregory Boyce, chief executive of coal giant Peabody Energy, is feeling his oats.
Google, Apple, Amazon, Baidu, IBM, Hewlett-Packard, Deere, Peabody Energy, Arch Coal, Natural Resource Partners, and Freeport McMoRan.
Coal miners like Arch and Peabody Energy tend to trade at four to five times cash flow.
Peabody Energy Corp shares are currently trading down about 1.4% on the day.
Finally, CONSOL Energy and Peabody Energy are big beneficiaries of the convergence of high sulfur and low coal pricing.
Competitors include Alpha Natural Resources (ANR), Arch Coal (ACI) and Peabody Energy (BTU).
Peabody Energy Corp shares are currently trading off about 4.3% on the day.
FORBES: Peabody Energy (BTU) Shares Enter Oversold Territory
Alpha Natural Resources was up 2.8% and Peabody Energy was up 1.8%.
These Chinese holdings are followed closely by U.S. producers, Consol Energy and Peabody Energy and mining equipment company Joy Global.
In fact, Peabody Energy may be a good candidate for a short position, or a bearish pairs trade option, within the sector.
Peabody Energy saw its stock rally nearly 15% on Monday as it proclaimed to the world that coal has a bright future.
FORBES: I Like Coal: Peabody Ultra-Bullish On Coal As Natural Gas Prices Double
Peabody Energy and Arch Coal missed out on shipping 10 million tons.
FORBES: America has coal to last 250 years. Why is there a shortage?
Massey competes with companies like Peabody Energy, Arch Coal and CONSOL Energy.
FORBES: Massey Margins Pinched By Mine Safety, Stock Slippage Ahead
Even so, I missed the 25 percent rally in coal properties like Peabody Energy which now sells at 6 times mid-cycle enterprise value.
FORBES: Tech Blue Chips Whiffing Like Testosterone-less Yankees
Tomorrow before the open we will see AK Steel (NYSE:AKS), US Steel (NYSE:X), Peabody Energy (NYSE:BTU), EMC Corp (NYSE:EMC), and JetBlue (NASDAQ:JBLU) among others.
FORBES: Yahoo! Scores, Apple Gets Some Love, S&P 500 Stays Above 1,500
The class act is Peabody Energy and it just broke into new high ground along with Arch and my favorite coal MLP, Natural Resource Partners.
This year Robertson folded about 1 billion tonnes of his reserves into a partnership with Arch Coal, the nation's number two producer behind Peabody Energy.
Patriot came in to being five years, when it was spun off from Peabody Energy, the self-professed largest private sector coal company in the world.
FORBES: Patriot Coal Files For Bankruptcy, Secures $802M In Financing
The majority of analysts (68.4%) rate Peabody Energy as a buy.
The majority of analysts (70%) rate Peabody Energy as a buy.
In 2007 Consol bought rights to develop coal-bed-methane on 1 million acres controlled by rival coal giant Peabody Energy, and formed a smaller partnership with Massey Energy.
Peabody Energy is one of the world's largest miners of coal, an ancient commodity given new luster by the shortage of petroleum and by advances in smokestack scrubbers.
Macarthur's US suitor Peabody Energy had submitted a lower bid than previously made - after it said the tax plan reduced the gains it would get from the deal.
Several bankruptcies are possible with the exceptions of Consol Energy and Peabody Energy who are leveraged, but carry sufficient wherewithal to get through at least four years of famine.
Among the largest underlying components of KOL, in trading today Joy Global Incorporated ( JOYG) is off about 4.3%, and Peabody Energy Corporation ( BTU) is lower by about 1.8%.
Among the largest underlying components of IYM, in trading today Newmont Mining Corporation ( NEM) is up about 0.8%, and Peabody Energy Corporation ( BTU) is up by about 1.4%.
Peabody Energy ( BTU - news - people ) may be a good candidate for a short position, or a bearish pairs trade option, within the sector.
Analysts are expecting Peabody Energy to come in with earnings of 34 cents per share, 60.9% less than a year ago when it reported earnings of 87 cents per share.
应用推荐