Patriot Coal and Peabody Energy Benefit From Favorable Pricing Environment

The Bedford Report released research on Patriot Coal (NYSE:PCX) and Peabody Energy (NYSE:BTU).

The press release is quoted as saying:

Patriot Coal Corporation ships to domestic and international electricity generators, industrial users and metallurgical coal customers, and controls approximately 1.9 billion tons of proven and probable coal reserves. Patriot is coming off a quarter that saw revenue climb 17.3% on a year over year basis.

Click here to read the entire news release.