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CNX Market Currents
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Tuesday 2:30 PM Patriot Coal (PCX -27.1%) shares claw back only slightly as trading resumes after news of the company's new revolving credit facility. Other coal stocks (KOL -1.8%) still depressed: BTU -2.9%, WLT -4.6%, CNX -1.6%, ACI -4.9%, ANR -3.2%, JRCC -8%.
1 Comment[Energy, On the Move]
- Tuesday 12:19 PM Patriot Coal (PCX -28.6%) plunges and is pulling all coal stocks (KOL -1.8%) lower, due to a report the company has fielded informal pitches from bankruptcy advisors. Last week, PCX delayed a refinancing after disclosing a potential contract cancellation from a key customer. ACI -7%, JRCC -6.3%, ANR -5.1%, BTU -3.8%, WLT -3.5%, CNX -2.3%. [Energy, On the Move]
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at CNBC.com (Tue, 7:01PM)
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at CNBC.com (May 15, 2012)
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at MarketWatch.com (May 9, 2012)
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at CNBC.com (Apr 19, 2012)
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at CNBC.com (Apr 12, 2012)
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PR Newswire (May 3, 2012)
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PR Newswire (Apr 27, 2012)
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PR Newswire (Apr 26, 2012)
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PR Newswire (Apr 16, 2012)
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PR Newswire (Apr 16, 2012)
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Company Description
We are a multi-fuel energy producer and energy services provider primarily serving the electric power generation industry in the United States. The electric power industry generates over two-thirds of its output by burning coal or gas, the two fuels we produce. During the year ended December 31,... More
