The following video is from Thursday's "Digging for Value," in which host Alison Southwick, Motley Fool analyst Joel South and contributor Tyler Crowe dive deep into the top stories for today's energy sector investors.The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.

In this segment, Tyler looks at some of the things people may overlook in Peabody Energy's (NYSE:BTU) earnings release. Sure, the company beat earnings -- if you measure things a certain way -- but some of the juicy tidbits from its outlook could be very interesting for Alpha Natural Resources (NASDAQOTH:ANRZQ) and Arch Coal (NASDAQOTH:ACIIQ) as well. Peabody expects central Appalachian Coal and US metallurgical coal to continue to decline for a while longer. This outlook almost seems almost tailor-made to make Peabody look better in the long run than Alpha and Arch, but it may not be as great as Peabody may hope. Tune into the video below to see why Tyler isn't quite buying all of it quite yet.

Alison Southwick has no position in any stocks mentioned. Joel South has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.