Coal plays
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Date updated:04-19-2007

The release of first-quarter 2007 results for the publicly traded coal companies kicks off later this week with the release of the March-quarter results by Peabody Energy on April 19.Thanks to the combination of higher labor costs, lower SO2 allowances [or sulfur dioxide allowances, which are controlled by the government and designed to reduce acid rain] and lower coal-price realizations for those contracts indexed to spot prices such as those in the Powder River Basin in Wyoming and Montana, we estimate that all of the coal producers within our universe, with the exception of Massey Energy, will realize year-over-year earnings declines- Caris & Co.

symbol name last price % change open
  • +
  • ACI
    Arch Coal Inc
  • $20.43
  • -0.58%
  • $20.63

We estimate that Arch will earn 14 cents per share in first-quarter 2007, down from our previous estimate of 21 cents on a lower-than-initial-forecast price realization for the company's Powder River Basin production, down to 23.9 million tons from 24.3 million tons, as well as a lower Powder River Basin price realization of $10.30 per ton versus our initial estimate of $10.50 per ton. The Thomson First Call consensus estimate for the quarter is 16 cents per share. The company reported per-share income of 42 cents and 55 cents in first-quarter 2006 and fourth-quarter 2006, respectively.

People owning ACI also tend to own: AAPLAEMCOPERFGOOGHALNE

TheStreet.com Rating: C What is this?

  • +
  • FCL
    Fcl
  • $0.00
  • N/A
  • $N/A

We estimate that Foundation will report first-quarter 2007 results of 27 cents per share, up from our initial estimate of 25 cents per share due to a modest increase in our North Appalachian coal price realization to $40 per ton from $39.75. First Call earnings consensus for the quarter is 30 cents per share. Foundation earned 69 cents per share in first-quarter 2006 and lost 48 cents per share in fourth-quarter 2006

People owning FCL also tend to own: ACIADVDXARTKXASX.VBPTRXBTUCCJ

TheStreet.com Rating: No Rating What is this?

  • +
  • MEE
    Massey Energy Co
  • $37.17
  • -2.82%
  • $38.34

We estimate that Massey will report first-quarter 2007 EPS of 21 cents versus the First Call consensus of 25 cents. The company reported results of seven cents per share and 13 cents per share in first-quarter 2006 and fourth-quarter 2006

People owning MEE also tend to own: CLCTDENNFFEXJBSSJRCCMSFTPBY

TheStreet.com Rating: B- What is this?

  • +
  • BTU
    Peabody Energy Co
  • $44.21
  • -1.67%
  • $44.96

We estimate that Peabody Energy will report fourth-quarter 2006 per-share earnings of 38 cents, up from our previous estimate of 33 cents, but below First Call consensus of 41 cents. Peabody earned 48 cents and 66 cents in first-quarter 2006 and fourth-quarter 2006

People owning BTU also tend to own: AAPLBRCMCCJCNQCTRPGGGOOG

TheStreet.com Rating: B- What is this?

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Q. I think that you've got to be lo...
12.03.09 | 21:01 PM Asked by DogBones

A. " I think that you've got to be
long here, despite the imminent monthly
jobs number."

um...yeah...youre correct...except you
can replace the comma above with one big
giantic period. The Fed (world
banks/govts) are practically holding a
gun to everyones head FORCING them to
take on risk (buy assets) - hands down
that trumpts any argument anywhere about
anything... Benanke made that very clear
weeks ago... yet the very obvious weekly
head fakes continues.

Who would want to fight the Fed here?
None of us retail folks should be
selling based on bogus scares (like ANY
bad numbers, Dubia, or any of the many
LAME reasons we've heard since August),
unless that selling is part of our plan.
I dont know why everyone is mincing
words (even Cramer, although today he
was a tiny bit more explicit). Just say
it!!! "There are absolutely no
reason to be afraid of the market,
people must escape falling currencies by
purchasing assests!!!"...which is
exactly what the Fed wants...when the
dust settles, JOBS WILL BE CREATED...at
least that appears to be the plan...The
Fed is at "DEFCON 1", an
election year is coming up...They are
forcing some stuff to be fixed here;
attacking from all sides; you will be
swashed trying to get in their way...at
least thats how I see right now (lol). I
do not know if things will work out for
them (Great Depression II?), but so far
theres nothing showing it will not. USA
rocks!!!

lol...I probably shouldnt be saying this
today; jinxing myself; because Im
expecting tomorrow is quiet or down (not
UP!!!!), so I can get grab some
goodies...I really shouldnt be
advertising how bogus it is...but yeah,
I cant really see anyone SERIOUSLY being
anti-long anywayz, so its not like
breaking news (lol).

To answer your question(s), my guess is
the numbers will be SPUN so that Friday
is a bad day ...just like the most of
the Fridays...lol...I am amazed that
such trickery works each week...but youd
better get ur shorts/inverses outta
there quick, cause you know what happens
next...same old story...even though I am
cant see this trickery working anymore
Fridays for the rest of the year.

Have Fun!

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