Slower Demand Stagnates Coal Companies

The Paragon Report released research on the coal market outlook, James River Coal Company (NASDAQ:JRCC) and Walter Energy Inc. (NYSE:WLT,TSX:WLT).

As quoted in the press release:

Analysts such as Dahlman’s Daniel Scott argue that Europe will need less U.S. coal as its economy struggles through a deep financial crisis. Meanwhile, with natural gas prices near ten year lows, North American Utilities companies are expected to rely more on abundant natural gas.

Click here for the Paragon Report press release.