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BTU - Why I Sold Short Peabody Energy - Again
February, 17 2022 03:06 PM
Peabody Energy Corporation
A potential Russian invasion of Ukraine has caused speculative buying of Peabody Energy's stock. The recent 4Q earning's report reflects very strong coal prices in 4Q. Both thermal and coking coal future prices have slipped the last few days. Much higher interest rates could have a negative impact on economic growth, which could depress coal prices. Indonesia'a ban on thermal coal exports caused a temporary disruption in international thermal coal market. For further details see:
Why I Sold Short Peabody Energy - Again
Stock Information
Company Name:
Peabody Energy Corporation
Stock Symbol:
BTU
Market:
NYSE
Website:
peabodyenergy.com
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