Friday, May 4, 2012

Investopedia: Investors Want Nothing To Do With Cloud Peak Energy

Warm winter weather and low natural gas prices have gutted the coal market in the United States. Utilities like American Electric Power (NYSE:AEP) are switching over as much production to natural gas as they can, while railroads from Union Pacific (NYSE:UNP) to CSX (NYSE:CSX) are reporting sharp drops in coal carloads. That is leading coal producers like Peabody Energy (NYSE:BTU) and Cloud Peak Energy (NYSE:CLD) to cut production, and leading investors to fret about the near-term outlook for EBTIDA.

Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/Investors-Want-Nothing-To-Do-With-Cloud-Peak-Energy-CLD-BTU-UNP-CSX-ACI0504.aspx

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