Wednesday, December 15, 2010

5 Coal Producers in Focus; ICO, PCX, ACI, CNX, JRCC

International Coal Group Inc. ( NYSE: ICO ) is engaged in the production of
coal in Northern and Central Appalachia with a variety of mid to high British
thermal unit, low to medium sulfur system and metallurgical coal. International
Coal Group today announced the pricing of its common stock offering. The company
also said that the underwriter to the offering will have an option to buy up to
an additional 1,840,305 and 3,386,670 shares of common stock from affiliates of
WL Ross & Co. and Fairfax Financial Holdings Limited. The International Coal
Group stock has a 52-week range of $3.36-$8.59. Year-to-date, the stock is up
84.33%. Patriot Coal Corporation ( NYSE: PCX ) is a St. Louis, Missouri-based
producer of coal in the eastern United States, with operations and coal reserves
in Appalachia and the Illinois Basin. Patriot Coal announced its third-quarter
financial results in October. The company reported third-quarter EBITDA of $13.2
million. The company's third-quarter revenue came in at $500.7 million. It
reported a net loss of $46 million for the third quarter of 2010. The Patriot
Coal stock has a 52-week range of $9.76-$24.25. Year-to-date, the stock is up
8.99%. Arch Coal Inc. ( NYSE: ACI ) is a St. Louis Missouri-based coal producer.
In 2009, the company sold around 126.1 million tons of coal. Arch Coal reported
its third-quarter financial results in October. The company reported a 67%
increase in its third-quarter EBITDA of $201 million. The company's cash flow
grew 85% on a year-over-year basis. It reported revenue of $874.7 million. The
Arch Coal stock has a 52-week range of $19.09-$34.18. Year-to-date, the stock is
up 45.08%. CONSOL Energy Inc. ( NYSE: CNX ) is a Canonsburg, Pennsylvania-based
multi-fuel energy producer and energy services provider. The company primarily
serves the electric power generation industry in the U.S. CONSOL Energy reported
its third-quarter financial results in October. The company reported record
revenue of $1.319 billion for the third quarter of 2010. The CONSOL Energy stock
has a 52-week range of $31.08-$58. Year-to-date, the stock is down 13.86%. James
River Coal Company ( NASDAQ: JRCC ) is a Richmond, Virginia-based company,
engaged in mining, processing and sales of bituminous, steam and industrial
grade coal. The James River Coal stock has a 52-week range of $14.44-$23.99.
Year-to-date, the stock is up 23.74%. This corporate profile is provided for
information purposes only and should not be used as the basis for any investment
decision. We are neither licensed nor qualified to provide investment advice. We
were not paid, nor do we hold a position in these stocks. We reserve the right
to buy or sell ICO, PCX, ACI, CNX and JRCC at any time after this post.

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