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$22.04 -0.49 (-2.17%)
10/10/2008 4:02 PM

Arch Coal, Inc. (ACI)

CAPS Rating:
****

The Company's primary business is the production of steam and metallurgical coal from surface and underground mines throughout the United States, for sale to utility, industrial and export markets.

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Avatar DarkToast (66.61) Submitted: 6/16/08 6:33 PM : Outperform Start Price: $63.68 ACI Score: -28.08

Exported coal is going to continue to be strong in the medium term. While the projected increased demand in the U.S. hasn't really panned out, developing nations such as China are growing their imports at an exponential clip. If some of the alternative uses of coal, like gasification, catch on this trend will only be exacerbated.

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