A recent article on this site detailed how United States Natural Gas (NYSE: UNG), the exchange traded fund for natural gas, was up for the week. Today United States Natural Gas is off due to a warm weather report. It has been a brutal period for fossil fuels: securities for oil, coal, and natural gas […]
The last five years have been terrible for the coal industry; with the exchange traded fund for coal, Market Vectors Coal (NYSE: KOL) plummeting in value. An exchange traded fund like Market Vector Coal owns a variety of securities from the asset class it represents. In the coal industry, those have been crushed, too. Peabody […]
Opportunities in the natural resources sector which includes stocks such as BHP Billiton (NYSE: BHP), Rio Tinto (NYSE: RIO), Peabody Energy (NYSE: BTU), and others are at an “all time high” according to a recent research from Barings Asset Management, an investment firm based in London, England. A major reason for the opportunities are the […]
The hostilities in Iraq have driven up the price of oil and natural gas securities. The exchange traded funds for oil, United States Oil (NYSE: USO), and natural gas, United States Natural Gas (NYSE: UNG), are both up in recent market action. So are stocks in the industry such as ConocoPhillips (NYSE: COP) and Chesapeake […]
Merrill Lynch, a unit of Bank of America (NYSE: BAC), recently upgraded Joy Machinery (NYSE: JOY), which sent the stock price soaring. That is also bullish for Caterpillar (NYSE: CAT) and securities in the coal sector such as Market Vector Coal (NYSE: KOL), the exchange traded fund, and Peabody Energy (NYSE: BTU), as Joy Machinery […]
Many previous articles on this site have detailed the appeal of Big Oil stocks such as ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX). The same is true for Big Coal stocks such as Peabody Energy (NYSE: BTU), but for different reasons. For growth, value, and income investors, Peabody Energy, like Chevron and ExxonMobil, is very […]
Stanford University recently decided to ban investments in the coal sector. According to a statement from the President of Stanford University, John Hennessy, “Stanford has a responsibility as a global citizen to promote sustainability for our planet, and we work intensively to do so through our research, our educational programs and our campus operations. The university’s […]
As the recent economic numbers from China have been down, so have the stock prices for BHP Billiton (NYSE: BHP), Rio Tinto (NYSE: RIO), Peabody Energy (NYSE: BTU), and others in the natural resources. There certainly is no mystery why: China is the biggest consumer of copper, coal, iron ore, and many other commodities. Those […]
There was more bad news for coal stocks such as Peabody Energy (NYSE: BTU) and Arch Coal (NYSE: ACI). The State of New York announced that it was spending $150 million to convert the power plant in Dunkirk to natural gas. There are only four coal-powered utility plants now in New York. The major reason […]