-
J.P. Morgan Maintains Neutral on Massey Energy (MEE)
Wednesday, April 13, 2011 - 9:25am | 138J.P. Morgan is out with its report today on Massey Energy (NYSE: MEE), maintaining Neutral. In a note to clients, J.P. Morgan writes, "Based on our near-term estimates and considering the new share issue to the existing Cumberland shareholders, MEE trades at an EV/EBITDA multiple of 7.5x for 2011E...
-
CONSOL Energy Increases Annual Coal Production Guidance from 59-61 Million Tons to 60-62 Million Tons
Wednesday, April 13, 2011 - 9:16am | 137CONSOL Energy Inc. (NYSE: CNX) reports an operations update for the quarter ended March 31, 2011. CONSOL Energy's Coal Division reports total coal production of 17.2 million tons for the quarter, including 1.5 million tons of low-vol metallurgical coal produced by the company's Buchanan Mine. The...
-
CONSOL Energy Amends and Restates Loan Agreements Totaling $2.5 Billion
Wednesday, April 13, 2011 - 8:46am | 72CONSOL Energy Inc. (NYSE: CNX) has amended and restated its $1.5 billion Senior Secured Credit Agreement, effective April 12, 2011. CNX Gas Corporation, a wholly-owned subsidiary, has also amended and restated its Senior Secured Credit Agreement, effective April 12, 2011. The new agreement...
-
Oil Finds Support At Master Level
Tuesday, April 12, 2011 - 2:08pm | 284As oil fell sharply, the markets followed. Demand destruction fears, a Goldman Sachs bearish call and a disaster in Japan surely to rock their economy for years were all culprits. Speculators fled with arms flailing in the air, trying not to get clipped on the way. As oil retreated to the $105...
-
Bull & Bear: Peabody Energy Corporation
Monday, April 11, 2011 - 2:44pm | 368Shares of Peabody Energy Corporation (NYSE: BTU) have been on the defensive for the past two weeks, losing over 8% during that time period. This begs the question of where shares are headed next… Bulls: The Bulls will note that shares are currently trading on top of the 50-day moving average,...
-
Calls Purchased on Alliance Holdings GP (AHGP)
Monday, April 11, 2011 - 11:01am | 125Shares of Alliance Holdings GP (NASDAQ: AHGP) are lower on the session by 0.19%, currently trading at $51.73. The stock has been moving largely higher over the past four months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the...
-
Matrix Carbon Monoxide Sensor Passes Advanced Performance Testing, Receives NRTL Listing, and Becomes First Stationary MSHA-Performance-Tested Sensor on the Market
Friday, April 8, 2011 - 4:02pm | 75Matrix Design Group, a subsidiary of Alliance Resource Partners, L.P. (NASDAQ: ARLP), announced today that the Matrix WAMS-S1000 Permissible Wireless Carbon Monoxide Monitoring Sensor has been listed by Intertek, a Nationally Recognized Testing Laboratory. With this listing, the WAMS-S1000 fully...
-
Uranerz Energy Up 5% (URZ)
Friday, April 8, 2011 - 2:14pm | 57Uranerz Energy Corp. (NYSE: URZ) shares are jumping nearly 5% today, gaining 15 cents to $3.36, a gain of 4.67% on just under 500,000 shares. This is well below the average daily volume, which is 1.7 million shares. Uranerz Energy Corporation, an exploration stage company, engages in the...
-
Morgan Stanley PT Adjustments (ACI, EC, JCP, M, JWN, BTU)
Friday, April 8, 2011 - 9:30am | 95Morgan Stanley is making price target adjustments to the following companies: Arch Coal Inc. (NYSE: ACI): PT goes from $40 to $43. Ecopetrol SA (NYSE: EC): PT goes from $41 to $43. J. C. Penney Company, Inc. (NYSE: JCP): PT goes from $27 to $28. Macy's (NYSE: M): PT goes from $48 to $49....
-
Mad Money Lightning Round: Cramer Advises Investors To Buy Fortune Brands (TEVA, SDRL, HCBK, FO, PUDA, BTU, BIDU, SINA, RVBD, HOC, WFT, EW)
Thursday, April 7, 2011 - 12:22am | 346On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Teva Pharmaceutical (NASDAQ: TEVA) is a “mystery to me. That stock has been crushed. The health care stocks are going to bottom here." He believes that SeaDrill Limited (NYSE: SDRL) is “good. I like the oil drillers. There might...
-
Peabody Energy Falls 4% (BTU)
Wednesday, April 6, 2011 - 3:38pm | 74Shares of Peabody Energy (NYSE: BTU) have been headed lower and lower and lower all day long. The stock just breached a new intra-day low at last check. BTU shares have lost 3.86% and are currently trading at $69.44. Now that BTU has pushed below the $70 level, we could see this stock continue to...
-
Uranium Energy Corp Reports Continuation of Strong Phase-One Drill Results at Salvo Project in South Texas
Wednesday, April 6, 2011 - 8:50am | 112Uranium Energy Corp (NYSE: UEC) announced the continuing strong phase-one exploration drilling results at the Company's Salvo project located in Bee County, approximately 50 miles from the Company's Hobson processing facility in South Texas. A total of 106 holes have been completed since the...
-
Clontarf Energy rejoins AIM ahead of oil and gas exploration and production plans
Wednesday, April 6, 2011 - 4:32am | 590Clontarf Energy (LON:CLON) , an oil and gas exploration and development company, was re-admitted to the AIM market this morning and raised £2.7m in a share placing priced at 6p per share. Clontarf is the result of a series of deals overseen in recent months by its chairman John Teeling, the well-...
-
Uranium Stocks Set To Rebound In 2011
Tuesday, April 5, 2011 - 2:46pm | 779The Cassandras of the media beat the drums of fear concerning Japan's millennial tragedy, which has been a confluence of perfect storms. There has been a great deal of bad news coming out of Japan which the press has spun into a blanket condemnation of the entire nuclear industry. It is only a...
-
Cameco Corporation Ticks Higher On $44/Share Takeover Chatter (CCJ)
Tuesday, April 5, 2011 - 10:42am | 91Cameco Corporation (NYSE: CCJ) ticks higher in intraday trading on $44 per share takeover chatter. BHP Billiton (NYSE: BHP) is rumor to be a possible suitor, although unconfirmed and highly speculative. This article may include mentions of rumors, chatter, or unconfirmed information. Readers...