Steel stocks up huge this year and met coal stocks are still going nowhere!! It is dead because of cheap met price from other countries!!!
"Underperformance of rail connectivity has been a key issue for coal producers (XME) operating out of PRB, including Alpha (ANR), Peabody Energy (BTU), Arch Coal (ACI), and Cloud Peak Energy (CLD). Producers have been forced to reduce guidance, as they’re not in a position to deliver committed coal to customers due to rail connectivity issues. Rail connectivity issues have added to coal producers’ costs per ton as fixed costs are divided over fewer tons.
Railroad companies are understaffed. Moreover, coal has to compete with other commodities offering higher margins to railroads for rail wagons. So management doesn’t expect connectivity to improve materially during the rest of 2014.
Apart from PRB rail connectivity issues, competition for the company’s Western steam coal business from the Illinois basin and regulatory issues are hampering the company’s thermal coal business."
Obama just need to tell railroad companies to not carrying coals. That alone will choke coals to death!!!
"I think Arch can get well above $5 on good news, and potentially to $10-12." - This makes me laugh so hard!!!! You will be lucky if ACI stock can stay green for the day!!!!!!!!!!!! LOL
coal is dead in USA!!! stop dreaming about it. NG and solar have killed thermal coals in USA!!!!!!!!
Nish- you should have sold this junk when it was 5 and go short on this garbage stock.
It doesn't matter. ACI is still dead coal stock. Thermal coal is dead in USA!!!!!! NG and Solar will basically kill thermal coals in the future!!!!
And thermal coal is still as dead!!!! ACI stock is heading lower from here!!!!
Thermal coal is dead in USA. NG is killing thermal coals. Met coals are the player if you want coal stocks. ACI is dead because of thermal coal. Solar will kill thermal coal in a few years too.!!!!!!!!!!
thermal coal is dead...Obama is giving Africa billion of dollars to bypass coal and go with clean energy!!!! Soon every other country will follow and go with clean energy!!!!!!!!!!
On Tuesday, President Barack Obama will announce $14 billion in commitments by U.S. companies to invest in Africa.
According to a Reuters report, President Obama will make the announcement at the U.S.-Africa Business Forum in Wash
ington. The U.S.-Africa Business forum is the first of its kind, and will bring together Africa’s topmost political and business leaders and American business leaders to engage in discussions on finding new avenues for strategic collaboration and partnerships. According to the Reuters report, quoting a White House official, the $14 billion in investments will focus on industries like banking, construction, banking, information technology and clean energy.
Obama is giving money Africa to skip coals and go directly to Clean Energy!!!!!!!!!! Coal is dead!!!!!!!! LOL
The Obama administration is pushing green energy in Africa, hoping the continent will bypass coal on its road to development. But some say it's not realistic – or ethical – to expect emerging economies to sidestep fossil fuels.
Looks like Obama wants to kill coal in Africa too!!!!!!! Coal is dead everywhere is the ultimate goals!!!!!!!
Aug 7 (Reuters) - SolarCity Corp, the largest installer of residential solar panels in the United States, reported a 62 percent rise in quarterly sales amid "unprecedented demand."
The company's revenue rose to $61.3 million in the second quarter ended June 30 from $38 million a year earlier.
Solar shine while coal is dead!!!!!!!!!!!! LOL
those good old days are gone now...coal is dead now!!!!!! Lucky if you can get out at 4 again!!!!! LOL