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.
tdp2664Penny Stock Live



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...