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FBR Capital Lowers MEE Rating To $50 From $56
Thursday, January 6, 2011 - 11:09am | 28FBR Capital has lowered its PT on Massey Energy Company (NYSE: MEE) to $50 from $56. Massey Energy Company currently trades at $55.43.
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MEE Well Positioned In Tight Coking Coal Markets, Jefferies Reports
Thursday, January 6, 2011 - 10:29am | 88Jefferies said this morning that it believes Massey Energy (NYSE: MEE) is well positioned to take advantage of tight coking coal markets. “We estimate during the fourth quarter, Massey had around six million tons of 2011 met coal still unpriced,” Jefferies writes. “We are currently modeling $135/...
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Evergreen Energy Granted an Extension by NYSE Arca
Wednesday, January 5, 2011 - 5:34pm | 42Evergreen Energy Inc. (NYSE: EEE) announced it was notified by NYSE Arca Inc. (NYSE Arca) that the company was granted until February 28, 2011 to regain compliance with the requirements for continued listing on NYSE Arca.
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Massey Energy Company Down After-Hours After Shipment Guidance (MEE)
Wednesday, January 5, 2011 - 5:11pm | 289Massey Energy Company (NYSE: MEE) announced today that its produced coal shipments in the fourth quarter of 2010 were lower than projected in earlier guidance. The Company stated that produced tons sold for the quarter totaled 8.9 million tons, bringing the full year 2010 total to 37.1 million...
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Massey Energy Fourth Quarter Shipments Fall Short of Expectations
Wednesday, January 5, 2011 - 5:08pm | 115Massey Energy Company (NYSE: MEE) announced today that its produced coal shipments in the fourth quarter of 2010 were lower than projected in earlier guidance. The Company stated that produced tons sold for the quarter totaled 8.9 million tons, bringing the full year 2010 total to 37.1 million...
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Uranerz Energy Hits Fresh 52-Week High (URZ)
Tuesday, January 4, 2011 - 11:04am | 29Uranerz Energy Corp. (NASDAQ: URZ) hit a fresh 52-week high today, at last price check URZ was trading at $4.29 per share.
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Dahlman Rose Increases Price Target (BTU, MEE, ICO, CNX, ACI, ANR)
Tuesday, January 4, 2011 - 10:39am | 95Dahlman Rose increases its price target on the following companies: Peabody Energy (NYSE: BTU) from $66 to $80. Massey Energy (NYSE: MEE) from $48 to $67. International Coal (NYSE: ICO) from $10 to $12. CONSOL Energy (NYSE: CNX) from $44 to $59. Arch Coal (NYSE: ACI) from $34 to $43. Alpha Natural...
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Dahlman Rose Comments On Coal Outlook
Tuesday, January 4, 2011 - 10:08am | 191Recent weather events have combined to drive international thermal and metallurgical coal prices higher, including the late-December severe flooding and subsequent force majeure declarations in Queensland. We have also seen supply disruptions in Colombia and South Africa. Despite the one-time...
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Uranerz Receives WDEQ Permit to Mine for Uranium
Tuesday, January 4, 2011 - 10:05am | 95Uranerz Energy Corporation (NYSE: URZ) is pleased to announce that the State of Wyoming, Department of Environmental Quality, has issued the commercial Permit to Mine for the Company's Nichols Ranch In-Situ Recovery Uranium Project located in Johnson and Campbell counties in the Central Powder...
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Westmoreland Appoints Three New Independent Directors
Tuesday, January 4, 2011 - 10:02am | 46Westmoreland Coal Company (NYSE: WLB) announces that three new independent directors have been appointed to the Board of Directors of the company effective February 1, 2011. The new members are Gail E. Hamilton, Jan B. Packwood and Robert C. Scharp.
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Calls Purchased on James River Coal Company (JRCC)
Monday, January 3, 2011 - 3:13pm | 123Shares of James River Coal Company (NASDAQ: JRCC) are higher on the session by 4.07%, currently trading at $23.36. The stock has been moving largely higher over the past two months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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Incredible Run in the Coal Space
Monday, January 3, 2011 - 2:30pm | 983You could throw a dart and make tons of money the past 4 months, but certain sectors have been more than incredible. One such group are the coal stocks - they are making moves similar to the commodities bubble in 08 [May 21, 2008: Coal - Just Amazing]. This was one of my favorite groups in late...
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Profit Plays For 2011
Monday, January 3, 2011 - 12:26pm | 494In this week's market report we shall profile a few stock market leaders and cover the levels that you need to know for 2011. In 2010 we provided many very accurate Weekly Market Reports which featured incredible money making opportunities for free to the public. This year we will continue to...
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Uranium Resources, Inc. Enters into Uranium Mining Lease Option Agreement
Monday, January 3, 2011 - 9:09am | 54Uranium Resources, Inc. (NASDAQ: URRE) today announced that it has completed an agreement to explore 53,500 acres in Kenedy County, Texas, for three years, with an option to lease the acreage for uranium production. The lease would have a primary term of eight years after lease commencement.
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Evergreen Energy Appoints Ilyas Khan as Chairman of its Board
Monday, January 3, 2011 - 8:11am | 34Evergreen Energy Inc. (NYSE: EEE) has appointed Ilyas Khan, 48, as Chairman of its board of directors. The appointment brings the total board count to seven members.