The way electric utilities in the U.S. are shunning coal purchases, you might think we're living in the dark.
Of course, the lights are still lit, and Fools are still booting up computers to follow our ongoing analysis of a complicated coal market. Let's examine some key coal results for your Foolish consideration.
Alpha Natural Resources
Foundation Coal Holdings
International Coal Group
The shape of an American recovery
While bellwether companies from steelmaker Nucor
With recent production cuts under way, though, and conditions still so weak that one customer would rather shell out $27 million to International Coal Group than honor a 1 million-ton-per-year purchase agreement, I'm concerned that any American economic recovery may be shaped like an "L" … with a decidedly long base.
Further Foolishness:
- Your canary in a coal mine.
- Ground control to major coal …
- Don't overlook the changing face of coal.
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