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Moody’s cuts its 12-18 month outlook for the North American coal industry (NYSEARCA: KOL ) to Negative from Stable, citing declining profitability, weakening export prices and declining demand from utilities over the next decade. More news on: VanEck Vectors Coal ETF, Peabody Ener...
BHP ( BHP -1.5% ) is considering selling off coal assets , CEO Andrew Mackenzie, a move that would join global peers in the move toward environmentally sustainable businesses. More news on: National Oilwell Varco, Inc., BHP Group, VanEck Vectors Coal ETF, Energy stocks news, News on ETF...
Peabody Energy (NYSE: BTU ) has just released an investor presentation that looks like all is well even though the coal market is soft, and the market consensus on BTU is mostly “strong buy” with a consensus 12 month target of $34.50. So is this a good time to take a stake in...
U.S. coal miners are treading water at best as prices for steelmaking coal, which had sustained miners as exports decline and power plants abandon the fuel, are down 22% since May as concerns about the global economy weigh on demand for steel, according to a Bloomberg analysis. More new...
A group of 29 states and local governments has filed suit against the Trump administration's move to roll back Obama-era climate rules for power plants. More news on: Energy Select Sector SPDR ETF, Utilities Select Sector SPDR ETF, Reaves Utility Income Fund, Energy stocks news, News on ...
FirstEnergy Solutions says it plans to shutter the Bruce Mansfield power plant's Unit 3 this November instead of in June 2021 as previously planned. More news on: VanEck Vectors Coal ETF, FirstEnergy Corp., Energy stocks news, News on ETFs, Read more ...
Coca-Cola (NYSEARCA: KOL ) will bring Costa Coffee products to at least 10 new European markets in 2020, including Greece, Poland, and Switzerland. More news on: VanEck Vectors Coal ETF, Consumer stocks news, News on ETFs, Read more ...
Demand for U.S. thermal coal (NYSEARCA: KOL ) will "erode significantly" by 2030 as total use for U.S. power generation could fall to as little as 11% based on scheduled and likely retirements, according to a new report from Moody's. More news on: VanEck Vectors Coal ETF, Cloud Peak Ener...
The energy sector posted a loss during the second quarter of 2019, but the price of ethanol moved significantly higher. In 2014, the energy composite fell by 36.59% due to the swoon in crude oil, petroleum product, and natural gas prices. A composite of energy commodities fell by 25.14% in 2...
The energy sector posted a loss during the second quarter of 2019, but the price of ethanol moved significantly higher. In 2014, the energy composite fell by 36.59% due to the swoon in crude oil, petroleum product, and natural gas prices. A composite of energy commodities fell by 25.14% in 2...
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VanEck announced today its special distributions per share for one of its VanEck Vectors ® equity exchange-traded funds. The following dates apply to distribution declarations for the funds listed below: The majority, and possibly all, of the dividend distributions will...
VanEck announced today that it plans to close and liquidate one of its VanEck Vectors ETFs. On December 3, 2020, the Board of Trustees of VanEck Vectors ETF Trust approved the liquidation and dissolution of the following fund (the “Fund”): As the sponsor of VanEck ...
VanEck announced today that the Board of Trustees of the VanEck Vectors ETF Trust has approved a reverse split of the shares of the following five ETFs: VanEck Vectors ® Coal ETF (NYSE Arca: KOL), VanEck Vectors ® Energy Income ETF (NYSE Arca: EINC), VanEck Vectors ® O...