News: Patriot Coal Corporation (PCX.N)

Stocks | Energy | Coal
PCX.N on New York Stock Exchange

13.89USD
18 Dec 2009
Price Change (% chg)

$0.28 (+2.06%)
Prev Close
$13.61
Open
$13.81
Day's High
$14.08
Day's Low
$13.68
Volume
4,377,200
Avg. Vol
3,476,030
52-wk High
$14.73
52-wk Low
$2.76

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Mon, Nov 23 2009

UPDATE 1-U.S. coal companies' shares drop on China import data

* U.S. coal company stocks close down (Updates stocks down, adds Peabody comments on China)

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UPDATE 1-Goldman sees met coal miners gain from coal stock rally

Nov 20 (Reuters) - Goldman Sachs said it sees U.S. metallurgical (steelmaking) coal miners better positioned to benefit from a coal stock rally, driven by supply constraints, and removed Peabody Energy Corp its conviction list partly on stock outperformance.

US SMALL/MIDCAPS-Materials, energy drop on earnings, data

NEW YORK, Oct 28 (Reuters) - Energy stocks tumbled on Wednesday after a surprising gain in gasoline stockpiles and disappointing earnings from large-cap coal miner Massey Energy.

UPDATE 3-Patriot Coal sees thermal coal demand spike; shares up

* Shares rise 25 percent (Recasts; adds conference call, analyst's comments, share price)

HEADLINE STOCKS-U.S. small/midcap stocks to watch on Oct 27

Oct 27 (Reuters) - Some small and midcap stocks to watch on Tuesday:

Patriot Coal climbs after results

NEW YORK (Reuters) - Patriot Coal Corp shares jumped 6.3 percent to $11.90 in premarket trade on Tuesday after the company reported a narrower-than-expected adjusted third-quarter loss.

PREVIEW-Met coal shipments seen vital to Patriot Coal's Q3

BANGALORE, Oct 26 (Reuters) - Patriot Coal Corp has been mired in a weak thermal coal market and regulatory issues, but analysts believe the steelmaking coal segment holds the key to the miner's third-quarter performance.

UPDATE 1-Macquarie downgrades U.S. coal sector to neutral

Sept 23 (Reuters) - Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that demand for seaborne metallurgical, or steel-making, coal in China is slowing.

UPDATE 1-Patriot Coal to close mine in central Appalachia '

* Says to close Samples surface mine in central Appalachia

WRAP UP 1-Patriot Coal, Alliance Resource monitor '09 production

* Sees higher cost from customers' unplanned outages (Adds conference call details; analyst's comments)

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