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Arch Coal and Alpha Natural Resources Shares Rally on Improving Coal Demand

14.08.2012  |  Marketwire
The Paragon Report Provides Stock Research on Arch Coal and Alpha Natural Resources

NEW YORK, NY -- (Marketwire) -- 08/14/12 -- Better than expected second quarter earnings from James River Coal sparked a rally in coal stocks Thursday. "The thermal market is just beginning to show signs of recovery," said James River Coal's Chairman and CEO Peter Socha. "We believe that this is due to production cutbacks throughout the industry as well as improved demand for both coal and natural gas due to warmer than normal temperatures." The Paragon Report examines investing opportunities in the Coal Industry and provides equity research on Arch Coal Inc. (NYSE: ACI) and Alpha Natural Resources, Inc. (NYSE: ANR).


Access to the full company reports can be found at:

www.ParagonReport.com/ACI

www.ParagonReport.com/ANR


As the demand for coal has dropped significantly in the U.S. as a result of plummeting natural gas prices, coal companies have begun to look at foreign markets. The economies of India and China are still heavily on coal for their power generation. According to a recent Forbes article the latest reported data has shown that during the first half of 2012 China has seen coal imports rise to 140 million tons, a 66 percent year-over-year growth. India's thermal coal imports are expected to total 80 million tons in FY2012-2013. Asia's combined thermal coal demand is projected to be around 550 million tons.

Paragon Report releases regular market updates on the Coal Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Arch Coal's core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents. The company reported a net loss of $436 million, or $2.05 per diluted share, in the second quarter of 2012. Shares of Arch Coal have rallied over 22 percent in the last month.

Alpha is the nation's largest supplier of metallurgical coal used in the steel-making process and is a major supplier of thermal coal to electric utilities and manufacturing industries. In 2011, the company had more than 200 customers on five continents. The company reported a second quarter loss of $2.2 billion, compared with a loss of $50 million in the second quarter of 2011.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.paragonreport.com/disclaimer
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