Wall Street Fundamentals Releases New In-Depth Stock Reports on ACI, ANR, JRCC and WLT


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Companies Mentioned

NYSE:ACI / NYSE:ANR / NASDAQ:JRCC / NYSE:WLT
03/07/2014 [ACCESSWIRE]

The recent surge in natural gas prices could cause utilities to make the switch back to coal. According the U.S. Energy Information Administration coals share of power generation in the U.S. could reach 40.3 percent, while natural gas generation could fall to 27.0 percent. In 2012, Coal’s share of electricity generation hit a record low of 37.0 percent, as natural gas prices hit a 10-year low of $1.902. Natural gas prices have since recovered to $4.661 per million British thermal units. Here is how some coal stocks reacted Thursday:

Arch Coal Inc. (NYSE: ACI) shares traded in the range of $4.58 to $4.70 Thursday before settling to close at $4.67, an increase of 2.19 percent. The stock appears to be facing some resistance at $5.03 with some support at the $4.66 and $4.56 levels. Shares of Arch Coal have gained approximately 5.0 percent year-to-date.

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

Alpha Natural Resources, Inc. (NYSE: ANR) shares traded in the range of $5.24 to $5.51 Thursday before settling to close at $5.48, an increase of 4.58 percent. The stock appears to be facing some resistance at the $5.54 and $5.75 levels with some support at $5.35 and $5.06. Shares of Alpha Natural Resources have fallen approximately 23.0 percent year-to-date.

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

James River Coal Company (NASDAQ: JRCC) shares traded in the range of $0.72 to $0.76 Thursday before settling to close at $0.74, a decrease of 0.03 percent. The stock appears to be facing some resistance at the $0.78 and $0.90 levels with some support at $0.64. Shares of James River Coal have fallen approximately 45.0 percent year-to-date.

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

Walter Energy, Inc. (NYSE: WLT) shares traded in the range of $10.54 to $10.95 Thursday before settling to close at $10.94, an increase of 3.99 percent. The stock appears to be facing some resistance at the $11.43 and $12.08 levels with some support at $10.79 and $10.16. Shares of Walter Energy have fallen approximately 35.0 percent year-to-date.

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

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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.

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

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