Dahlman Rose Provides Color on Coal Sector

Dahlman Rose provided color on the coal sector. In a research report published today, Dahlman Rose stressed its optimism about the sector's long term performance. In the report, Dahlman Rose states, "We believe the recent sector pullback provides attractive entry points for our favorite names. Continued strong met markets, along with a robust thermal export story, reinforce our bullish stance. We reiterate our Buy ratings on ACI, ANR, BTU, CNX, and WLT." On Tuesday, Arch Coal ACI added 4.88% to its value to close the day at $26.02. Its shares lost some of yesterday's gains in today's pre-market trading, however, falling 0.38% to $25.92. Alpha Natural Resources ANR rose 4.49% on Tuesday to finish the day at $42.82. Its shares continued to climb higher in today's pre-market trading, adding 0.44% to its value to trade around $43.01. Peabody Energy Corporation BTU increased its value to 5.07% on Tuesday to end the day at $56.96. Its shares lost some ground in today's pre-market trading, however, sliding 0.12% to $56.89. Consol Energy CNX closed the day at $48.17 on Tuesday, or 4.47% above the previous close. Walter Energy WLT closed a good day for the coal companies on Tuesday, as its shares rose 4.13% to $109.95.