Coal Stocks Fall on EPA Proposal

By Stocks FOXBusiness

Coal stocks are falling this morning after new proposals by the EPA that would severely limit the ability of companies to build the kind of coal-fired plants that account for nearly half the U.S.'s electricity production:

Continue Reading Below

 

Coal Companies

Last

Change

% Chg

YTD

(WLT) Walter Energy, Inc.

14.62

-0.40

-2.64%

-59.24%

(ACI) Arch Coal, Inc.

4.86

-0.13

-2.61%

-33.61%

(ANR) Alpha Natural Resources, Inc.

6.41

-0.22

-3.28%

-34.16%

(JRCC) James River Coal Company

2.11

-0.02

-0.94%

-34.27%

(BTU) Peabody Energy Corporation

18.43

-0.31

-1.65%

-30.74%

(CNX) CONSOL Energy Inc.

34.94

-0.40

-1.13%

8.85%

The EPA proposals to reduce greenhouse emissions would also force existing coal-fired utilities to make expensive upgrades. The potential profit-squeeze on these utilities has investors selling:

 

Coal-Fired Electric Utilities

Last

Change

% Chg

YTD

(AEP) American Electric Power Co.

44.24

-0.43

-0.97%

3.64%

(SO) The Southern Company

41.96

-0.34

-0.80%

-1.99%

(DUK) Duke Energy Corporation

67.55

-0.38

-0.56%

5.88%

(PNW) Pinnacle West Capital Corporation

55.48

-0.33

-0.59%

8.83%

(EIX) Edison International

46.03

-0.14

-0.30%

1.86%

(D) Dominion Resources

62.94

-0.27

-0.44%

21.50%

(IDA) IDACORP, Inc.

48.07

-0.12

-0.25%

10.89%

(GXP) Great Plains Energy Incorporated

22.37

-0.02

-0.09%

10.14%

(PNM) PNM Resources, Inc.

22.48

0.01

0.04%

9.61%

 

Continue Reading Below

What do you think?

Click the button below to comment on this article.