What To Expect From Alpha Natural Resources, Inc. (NYSE:ANR)?


Dallas, Texas 02/11/2014 (FINANCIALSTRENDS) – In a recent announcement made by Alpha Natural Resources, Inc. (NYSE:ANR) they have said that they are going to release their quarterly financial report on Wednesday and there are many trade and investment analysts who are of the view that this coal company might deliver worse numbers in front of the investors. Alpha’s counterparts such as Peabody energy and Arch Coal have reported bad numbers and it will be very difficult for the Alpha Natural to post good numbers.

The main reason behind all these bad news is seen as the recent downturn being faced by the coal industry and there are many coal producers who have suffered from the fall in manufacturing activities. This has also lead to decrease in the demand for coal and companies are looking for cheaper alternatives such as natural gas to fulfill their energy needs.

An overview of the Company

Alpha Natural Resources, Inc. (NYSE:ANR) is one of the largest and most diversified coal suppliers in the United States of America. The company has its operations in Virginia, West Virginia, Pennsylvania, Kentucky and Wyoming. Alpha Natural resources supplies metallurgical coal to the steel industries and thermal coal for the generation of power to different customers spread across five continents.

Company has also implemented the running right safety process and is a committed organization and acts as a leader in mining safety. With recent slump in the production and demand has resulted into many trade and investment analysts giving a sell rating on this stock. The current price of this stock is around $5.09 and its 52 week high is around $9.90 and the 52 week low is around $ 4.78. The company’s EPS comes around -4.00 which is not encouraging and beta value is 1.82. If we talk about the current market capitalization then it stands at $1.12 billion.