BTU News and Press, Peabody Energy Corporation From 04/12/22

Peabody Energy (NYSE:BTU) +14%, rallying to a three-year high as European coal prices jump to their best levels in a month, with the European Union's ban on Russian imports now starting to take effect. Also: (METC) +11.8%, (AMR) +10.6%, (CEIX) +9.8%, (ARCH) +6.7%, (ARLP) +5%, (...

Morgan Stanley is the first bank to make an attempt at forecasting European natural gas balances without supplies of Russian fuel. The bank believes that a combination of demand destruction and increased LNG imports will be required to balance markets. Noting that prices for gas in Europe are...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of coal mining giant Peabody Energy (NYSE: BTU ) are struggling to head higher after a red-hot rally. BTU stock has nearly doubled in price since the late February lows under $15. Some of the move higher was wa...

Orsted (OTCPK:DNNGY), the $50b European energy company best known for it's market-leading wind business, flagged a shortage in the niche wood pellet market Monday. In addition to operating the world's largest wind business, Orsted (OTCPK:DNNGY) manages nine power plants in Denmark. Of those, ...

Not long ago, Peabody was seen as a miner producing something that the world is set to abandon sooner rather than later. In other words, a company with no future. The EU natural gas crisis was the signal that suggested that things are looking up for the global coal market. I...

Rail volumes have slowed in recent weeks, and led to transportation stock downgrades, including the downgrades of Canadian Pacific (CP) and Union Pacific (UNP) Friday. However, coal volumes have been a bright spot, with rail car loadings up 10% year-to-date. Interestingly, coal rail car loadi...

Coal company stocks surged Thursday as the European Union agreed to ban coal imports from Russia after reports of atrocities in Ukraine prompted a fifth round of sanctions. The ban may benefit U.S. miners that likely will be called upon to raise exports to Europe, including Peabody Energy (NY...

Blackrock's (BLK) weekly market commentary note focused on the drive for energy security; the asset manager calculates Europe will spend 9.1% of GDP on energy in 2022, the highest share of GDP since 1981:  Blackrock (BLK) sees energy costs increasing inflation and hurting growth in the s...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips U.S. coal makers are in focus today after the European Union proposed banning Russian coal imports. A number of major coal stocks saw early gains on the news, though most have eased back down. Source: Shutterstock So,...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Talk of a potential ban on Russian coal exports by the European Union has Peabody Energy (NYSE: BTU ) rising today. In further effort to curb its dependency on Russian energy, the E.U. has proposed banning all coal ...