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1 Harebrained Energy Prediction for 2014

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The world of energy has not been kind to coal companies over the past couple years. The emergence of cheap natural gas here in the United States has threatened king coal's crown for the first time in decades. Also, there is the chance that domestic coal demand could decline significantly over the next few years as almost 33% of coal fired power plants reach the end of their economical lives and new environmental regulations on newbuild coal plants could mean other energy sources replace them. Add that to already weak balance sheets for many coal companies and one crazy prediction comes out of it. 

One major coal company in the US will file for bankruptcy in 2014.

Tune into the video below where contributor Tyler Crowe dives deeper into this prediction and why investors should be weary of a turnaround in the prospects for United States coal. 

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Read/Post Comments (4) | Recommend This Article (3)

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  • Report this Comment On December 12, 2013, at 4:51 PM, preskeelpundit wrote:

    Patriot went bankrupt not too long ago, so I'm not sure why another bankruptcy in the coal mining sector is a "harebrained" prediction.

    Also, since I can't find the "harebrained prediction video" link anywhere on the page, I have no idea which company he's talking about.

  • Report this Comment On December 12, 2013, at 7:02 PM, JAVKO wrote:

    Why do you keep doing this outdated way of promoting somethging that only makes people want to dump you for good?

    This approach is from the boiler room era, get it?

  • Report this Comment On December 13, 2013, at 9:54 AM, slash32is4 wrote:

    harebrained prediction: 2014 will be the year for a rebound in coal...

  • Report this Comment On December 13, 2013, at 1:52 PM, preskeelpundit wrote:

    OK, the link for the video is finally there. It sounds like he's talking about Alpha. Since they don't have any large debts maturing until at least 2015, it's unlikely they'll file for bankruptcy in 2014. I guess I'll have to agree that his prediction is harebrained.

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