Cloud Peak Energy

IEEFA Research

IEEFA Research Brief: Coal in Decline, Blow by Blow

IEEFA Research Brief: Coal in Decline, Blow by Blow

Plant Closings and the Likely Effects on Specific Companies and Mines

We’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]

April 21, 2017 Read More →

As Texas Coal-Fired Power Plants Close, Powder River Basin Mines Are Losing Their Largest Customers

Trends Will Force Closures and Complicate Efforts by Alpha Natural Resources, Arch Coal and Peabody Energy to Work Their Way Out of Bankruptcy

CLEVELAND, Aug. 3, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report detailing how Powder River Basin coal producers are losing their largest customers as Texas power producers turn increasingly to other sources of energy. The report, “Texas’ Outsize Role in the Decline of the Powder River Basin Coal […]

August 2, 2016 Read More →
Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity (pdf) By Tom Sanzillo, Director of Finance, IEEFA  

November 19, 2014 Read More →
Report: 20 Fourth-Quarter Questions for Powder River Basin Coal Producers

Report: 20 Fourth-Quarter Questions for Powder River Basin Coal Producers

20 Fourth-Quarter Questions for Powder River Basin Coal Producers (pdf) By Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis

November 11, 2014 Read More →
Briefing note: Thermal coal outlook

Briefing note: Thermal coal outlook

Briefing note: Thermal coal outlook (pdf) By Tim Buckley,  Director of Energy Resource Studies, Australasia, IEEFA  

May 15, 2014 Read More →
Report – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

Report – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change (pdf)

May 8, 2014 Read More →

More News and Commentary

Analyst sees few options for troubled Cloud Peak coal company

S&P Global Market Intelligence ($): Struggling coal producer Cloud Peak Energy Inc. recently announced a strategic review of options that include selling the company, but a bleak outlook for Powder River Basin coal and a looming debt maturity could make for a tough sales pitch. Cloud Peak is the only pure-play Powder River Basin coal […]

November 16, 2018 Read More →

After exec bonuses and cuts to worker benefits, U.S. coal miner Cloud Peak weighs sale

Wyoming Public Radio: Cloud Peak Energy, one of the largest coal producers in the country with two mines in Wyoming, announced today it will review strategic alternatives which include a potential sale of the company. The announcement comes after company stock shares hit a 52-week low today at $1.32. That’s nearly half of its value […]

November 14, 2018 Read More →

Powder River Basin coal production continues falling

S&P Global Market Intelligence ($): Coal mines in the Powder River Basin bounced back from the rain-soaked second quarter, increasing production 18.9% in the third quarter, but still saw year-over-year declines. Ten of the top 16 mines reported production decreases from 2017, lowering the region’s output by 5% to 86.6 million tons, according to data […]

November 13, 2018 Read More →

Data show no big turnaround for coal production, employment

S&P Global Market Intelligence ($): President Donald Trump is touting his efforts to aid the U.S. coal sector as he supports his party’s midterm election candidates, but the latest data shows that coal volume and coal jobs have remained fairly flat over the past two years as strong export markets have been offset by an […]

November 1, 2018 Read More →

IEEFA update: Peabody continues to grapple with decline

Lease relinquishments are a sign of deeper trouble

In Peabody Energy’s recent relinquishment of some of its federal coal leases, the company is cleaning up its production cost side in the face of declining demand, particularly for the lower-quality 8400 BTU product that comes out of the Powder River Basin. The particular Wyoming coal in question has gone from being an asset to […]

September 20, 2018 Read More →

U.S. coal production falls for third straight quarter

S&P Global Market Intelligence ($): Total U.S. coal production fell for the third quarter in a row, according to an analysis of the most recent federal data. Coal producers reported output of 180.8 million tons in the second quarter of 2018, down 3.7% from 187.6 million tons in the first quarter and 187.1 million tons […]

September 19, 2018 Read More →

Cloud Peak coal production down sharply in second quarter

S&P Global Market Intelligence ($): Data reported to federal officials suggests Cloud Peak Energy Inc. could post a weak second quarter in the face of ongoing domestic coal pricing pressures. Cloud Peak’s three coal mines reported 11.6 million tons of coal production in the second quarter, down 3.7% from 12.1 million tons in the prior […]

July 19, 2018 Read More →

IEEFA update: The U.S. coal industry’s war with itself

Company versus company, and skirmishes between regions

When the current presidential administration took office, one might not have expected it to be the beginning of a new coal war—of company against company, region against region—each seizing the industry mantle, but none representing it as a whole. Industry watchers knew it would try to use the keys to the kingdom provided by its […]

June 29, 2018 Read More →
IEEFA Update: America’s Coal Industry Is in Trouble

IEEFA Update: America’s Coal Industry Is in Trouble

Little Evidence That Exports Will Save the Day

American coal industry executives have been working hard to restore investor confidence by arguing for a business-recovery rationale based on increased demand in export markets. There’s not much evidence for this case. Exports did help the industry in 2017, as several companies noted in their latest earnings reports, but U.S. coal producers are facing major […]

Mining Companies Across Biggest U.S. Coal Region See More Declines in Production

S&P Global Market Intelligence: Top producers in the largest U.S. coal basin are guiding investors to further declines in coal volumes from the region in 2018. Three coal companies responsible for producing about three-quarters of the coal that comes out of the Powder River Basin issued guidance that collectively would equal a 1% to 6% […]

February 22, 2018 Read More →