|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||40.77 - 41.83|
|52 Week Range||22.58 - 42.77|
|PE Ratio (TTM)||13.28|
|Forward Dividend & Yield||0.46 (1.19%)|
|1y Target Est||48.88|
Is a Valuation Rerating in the Cards for Vale Stock? Severe weather conditions in March led to power plant outages and five flooded production pits. In 2017, Vale’s coal division generated positive adjusted EBITDA for the first time since 2010.
Peabody has committed a total of $6.5 million in funding for the consortium since it was established in 2008.
Genesee & Wyoming (GWR) receives between 60% to 65% of total revenues from its North American operations. The railroad’s North American railcar traffic expanded 4.9% YoY (year-over-year) on a same-railroad basis in April. New railroads added 518 carloads to North American volumes that month.
Genesee & Wyoming (GWR) released its railcar traffic data for April 2018 on May 14. The company has operations in three regions: North America, UK/Europe, and Australia. In April, the company’s same-railroad freight traffic in these regions was ~269,600 carloads, up 3.6% YoY (year-over-year) from ~260,200. On a reported volume basis, GWR’s railcar volume was down 3.7% in April this year.
NEW YORK, NY / ACCESSWIRE / May 17, 2018 / U.S. markets closed up on Wednesday, as investors appear to shrug off fears of increasing interest rate and bond yields. The Dow Jones Industrial Average gained ...
In Week 18, Canada’s largest rail carrier, Canadian National Railway (CNI), saw its carload traffic rise 5.8% YoY (year-over-year) to ~65,800 railcars from ~62,200. Its growth was almost on par with US and Canadian railroads’ growth. In comparison, competitor Canadian Pacific Railway’s (CP) carload volumes grew 9.7%.
In Week 18 of this year, Kansas City Southern’s (KSU) carload traffic rose 3.7% YoY (year-over-year) to ~24,000 units from ~23,200. The US-Mexico railway’s freight volume growth has fluctuated recently. In comparison, US railroads’ (IYT) gained 6.4% in Week 18.
US rail carrier Norfolk Southern’s (NSC) carload traffic, excluding intermodal, rose by double digits (10.2%) YoY (year-over-year) in Week 18, to ~73,000 units from ~66,200.
ST. LOUIS , May 10, 2018 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that its board of directors has declared a quarterly dividend of $0.115 per share on the company's common stock, payable on ...
NEW YORK, May 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Arch ...
LONDON, UK / ACCESSWIRE / May 03, 2018 / Active-Investors.com has just released a free earnings report on Cleveland-Cliffs Inc. (NYSE: CLF). Cleveland-Cliffs reported its first quarter fiscal 2018 operating and financial results on April 20, 2018. The iron ore mining Company provided guidance for FY18.
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. Ramaco Resources, which produces coal for steel mills, and Consol Energy, which supplies coal to larger power plants, have ramped up investments even as the industry shrinks. President Donald Trump has promised to revive the coal sector by stripping away burdensome regulation.
Contura Energy Inc and Alpha Natural Resources Holdings Inc said on Monday they agreed to merge, creating the largest U.S. producer of metallurgical (met) coal, used in steelmaking, and reuniting the two businesses that were split following a 2015 bankruptcy. The two companies said they sold a combined 12.6 million tons of metallurgical coal in 2017, vaulting the merged company ahead of Coronado Resources Ltd of Vancouver. The merged company will own 1 billion tons of coal reserves, according to a securities filing.
Canada’s largest railroad, Canadian National Railway (CNI), recorded carload traffic growth in Week 16. The railroad’s railcar traffic excluding intermodal rose 2.9% YoY (year-over-year) to 64,400 units from ~62,900. In comparison, rival Canadian Pacific Railway (CP) registered a 3.8% carload loss in Week 16. Whereas CNI’s carload gains were in line with US railroads’, they contrasted with the losses reported by Canadian railroads in Week 16.
In Week 16, US-Mexico railway Kansas City Southern’s (KSU) carload traffic fell 1.2% YoY (year-over-year) to ~24,600 carloads from ~25,000, opposing the upward momentum seen in US railroads’ (XLI) (GWR) carload traffic that week.
Eastern US railroad CSX’s (CSX) carload traffic rose slightly in Week 16, by 1.6% YoY (year-over-year). In many weeks of 2018, the Florida-based rail giant has reported YoY railcar traffic decline. However, in recent weeks, the company’s shipments seem to have gotten back on track. In the week ended April 21, CSX’s carload traffic expanded YoY to ~70,500 units from ~69,400. CSX’s carload traffic gain was much lower than rival Norfolk Southern’s (NSC) 4.6% and US railroads’ 3.5%.
In Week 16, Western US rail freight giant Union Pacific (UNP) saw its carload traffic rise slightly, by 0.6% YoY (year-over-year) to 92,300 carloads excluding intermodal units from ~91,800 units. In comparison, rival BNSF Railway’s (BRK.B) carload traffic rose by a solid 10.6% that week, and US railroads’ (XLI) traffic rose 3.5%, outperforming UNP.
LONDON/SINGAPORE (Reuters) - Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year. Benchmark Australian thermal coal prices (GCLNWCPFBMc1) are at $93.40 a tonne, their highest seasonal level in five years and $15 per tonne above the five-year average price. The firm prices are due to robust use in India, Japan, South Korea and even China, where coal consumption has held up despite huge programmes to boost the use of gas and renewable energy.
NEW YORK, NY / ACCESSWIRE / April 25, 2018 / Peabody Energy Corporation (NYSE: BTU ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 25, 2018 at 11:00 AM Eastern ...
The St. Louis-based company said it had net income of 82 cents per share. Earnings, adjusted to account for discontinued operations, were 83 cents per share. The results fell short of Wall Street expectations. ...
First quarter results reflect substantial cash flow generation; Company accelerates share repurchases and expands program size to $1.0 billion ; Peabody confirms financial targets for 2018 ST. LOUIS , ...