Miners have been hit hard by commodity price slumps, but Cliffs might have a better chance at climbing out of its hole than many peers.
Although some mining markets appear to be picking up, Caterpillar is still cutting costs—that's a good thing for shareholders.
The Dow Jones Industrial Average has meandered around break-even all day, but Alpha Natural Resources, Arch Coal, and Peabody Energy are leading energy stocks higher.
Coal-miner Arch Coal has languished even in a tough sector, as Peabody Energy has used its superior reach and CONSOL Energy has diversified into natural gas. What's in the cards for Arch's future?
Freeport-McMoRan is in a good position to grow further.
Cliffs Natural Resources has exposure to both iron ore and metallurgical coal production, but fellow coal miners Arch Coal and Alpha Natural Resources are also having trouble bouncing back from tough markets.
We may still need to wait a little while longer for that turnaround in coal, but Peabody Energy gave plenty for investors to think about.
Peabody Energy Corp. had a surprise report this morning, but there were other factors contributing to its pop.
Peabody Energy's third quarter earnings from continuing operations were at the high end of guidance on cost-cutting and volume gains in Australia.
Here are ways to see whether Peabody will outperform its peers, including Cloud Peak Energy and Alpha Natural Resources.