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Arch Coal and James River Coal Shares Fall Sharply as More Regulations Speculated for Coal Industry

13.11.2012  |  Marketwire
The Paragon Report Provides Stock Research on Arch Coal and James River Coal

NEW YORK, NY -- (Marketwire) -- 11/13/12 -- Coal stocks across the board fell sharply last week as Obama's re-election increased speculation that more regulations may be on the way for the already struggling industry. Both the Market Vectors Coal ETF (KOL) and the PowerShares Global Coal ETF (PKOL) both fell over 5 percent last week. The Paragon Report examines investing opportunities in the Coal Industry and provides equity research on Arch Coal Inc. (NYSE: ACI) and James River Coal Company (NASDAQ: JRCC).


Access to the full company reports can be found at:

www.ParagonReport.com/ACI

www.ParagonReport.com/JRCC


The Environmental Protection Agency has imposed limits on pollutants such as carbon dioxide, mercury and sulfur dioxide, which have made it more expensive for utility companies to burn coal for energy generation. Mitt Romney was widely known as a supporter of coal, and argued "excessive" environmental regulations have had a negative impact on U.S. economic growth. Reuters last week reported that coal stocks fell on fears President Obama would impose more regulations on the coal sector.

"The coal industry has seen increased regulatory oversight from the EPA on a number of issues under Obama's first term, such as stricter permitting requirements in Appalachia and new regulations for emission reductions at utilities," said Lucas Pipes, a Brean Capital Carret & Co. analyst. "There's a perception that another Obama term is negative for coal."

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 is a top five global coal producer and marketer, with 157 million tons of coal sold in 2011. Arch is the most diversified American coal company, with mining complexes across every major U.S. coal supply basin. During the third quarter the company decided to idle their Bismarck, Carlos and Imperial mines, which produced a total of 1.0 million tons of coal in 2011. Shares of the company have fallen over 10 percent in the past week.

James River Coal is one of the leading coal producers in Central Appalachia and the Illinois Basin. The company sells metallurgical, bituminous steam and industrial-grade coal to electric utility companies and industrial customers both domestically and internationally. During the third quarter of 2012 the company's net loss widened to $20.6 million. Shares of James River Coal have fallen nearly 50 percent in the last week.

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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