Thermal Coal Stocks Rise for Second Day, Peabody Energy Up 4.2%
For the second consecutive day, shares of Thermal Coal stocks are gaining as investors reprice demand for coal as a heating sources due to rising prices of oil and natural gas in response to the widening conflict in the Middle East. Shares of Peabody Energy (BTU) are up 4.2%, Core Natural Resources (CNR) are up 5.7%, and Alliance Resource Partners (ARLP) are up 1.0%.
