Wall Street Fundamentals Releases New In-Depth Stock Reports on CLD, CLF, CNX and PCXCQ

Coal stocks rallied last week after Moody’s Investors Service upgraded its outlook for the U.S. coal industry to "stable" from "negative" in a recent report. Moody’s believes that industry fundamentals, which remain very weak, to worsen over the next 12 to 18 months. "The stable outlook reflects our expectation that over the next year or so coal-fired power plants will capture roughly 40% of US electricity generation, up from 37% in 2012," says Moody’s Vice President-Senior Analyst, Anna Zubets-Anderson. "Coal inventories had fallen to roughly 164 million short tons by July this year, so we expect modest improvements in thermal coal production and pricing next year."

Cloud Peak Energy Inc. (NYSE:CLD - News) shares traded in the range of $16.66 to $17.24 Monday before settling to close at $16.86, a decrease of 0.53 percent. The stock appears to be facing some resistance at the $17.38 and $17.84 levels with some support at $16.55. Shares of Cloud Peak Energy have fallen approximately 12.0 percent in 2013.

More information on Cloud Peak Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CLD

Cliffs Natural Resources Inc. (NYSE:CLF - News) shares traded in the range of $24.33 to $25.95 Monday before settling to close at $24.47, an increase of 0.49 percent. The stock appears to be facing some resistance at the $25.08 and $27.35 levels with some support at $23.62. Shares of Cliffs Natural Resources have fallen approximately 36.0 percent in 2013.

More information on Cliffs Natural Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CLF

CONSOL Energy Inc. (NYSE:CNX - News) shares traded in the range of $31.50 to $32.51 Monday before settling to close at $31.58, a decrease of 1.50 percent. The stock appears to be facing some resistance at the $32.40 and $32.92 levels with some support at $31.12. Shares of CONSOL Energy have fallen approximately 1.6 percent in 2013.

More information on CONSOL Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CNX

Patriot Coal Corporation (OTCMKTS:PCXCQ - News) shares traded in the range of $0.18 to $0.20 Monday before settling to close at $0.192, an increase of 1.05 percent. The company announced that it has reached a consensual agreement with the United Mine Workers of America on modifications of labor contracts and retiree healthcare.

More information on Patriot Coal and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PCXCQ

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

Advertisement