Hot Solar Stocks To Watch Right Now

Hot Solar Stocks To Watch Right Now: Peabody Energy Corporation(BTU)

Peabody Energy Corporation engages in the mining of coal. It mines, prepares, and sells thermal coal to electric utilities and metallurgical coal to industrial customers. The company owns interests in 30 coal mining operations located in the United States and Australia, as well as owns joint venture interest in a Venezuela mine. It is also involved in marketing, brokering, and trading coal. In addition, the company develops a mine-mouth coal-fueled generating plant; and Btu Conversion projects that are designed to convert coal to natural gas or transportation fuels; and clean coal technologies. As of December 31, 2011, it had 9 billion tons of proven and probable coal reserves. The company was founded in 1883 and is headquartered in St. Louis, Missouri.

Advisors' Opinion:

• [By Reuben Brewer]

  Peabody Energy (NYSE: BTU  ) disappointed on the earnings front in the first quarter. That's set the tone for the second quarter, which is likely to see continued weakness. However, the big question to ask isn't, "Is the coal market in a trough?" We know it is. The question to ask is: "Is the coal market ready to turn yet?"

• [By Rich Duprey]

  Even so,coal stocks plummetedfollowing Obama's speech withPeabody Energy (NYSE: BTU  ) and Alpha Natural Resources (NYSE: ANR  ) dropping 8% andArch Coal (NYSE: ACI  ) down more than 6%. Using an end-run around Congress to implementoverreaching regulations through executive order are a worrisome possibility even if they'll have minimal impact on carbon emissions. Why? Because China doesn't care a whit about it and they'll continue burning coal regardless of presidential platitudes.

• [By Sean Williams]

  Topping the charts today with a gain of 5% is coal producer Peabody Energy (NYSE: BTU  ) , which reported a 13% decline in revenue to $1.73 billion and a profit of $0! .33 per share, which was helped by heavy cost-cutting efforts and a lower-than-expected effective tax rate. By comparison, Wall Street was looking for $1.82 billion in revenue, but an EPS loss of $0.05. Peabody further said it plans to reduce its capital expenditures budget this year by another $100 million to a range of $350 million to $450 million. Although I'd rather see expansion than cost-cutting driving gains, this was a decent quarter for Peabody, all things considered.

• [By Ben Levisohn]

  Shares of Walter Energy have dropped 17% to $7.54 at 1:$1 p.m. today, Peabody Energy (BTU) has fallen 1.4% to $15.52, Alpha Natural Resources (ANR) has declined 3.2% to $4.31 and Arch Coal (ACI) is off 1.2% at $43.0.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-solar-stocks-to-watch-right-now.html