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A Stock Trader's Guide to Navigating the Global Energy Crisis

(Bloomberg) -- The global energy crisis is intensifying, hammering the shares of companies that consume a lot of power and sending the stocks of those that produce it soaring. Economic recovery from the pandemic has boosted demand for gas and coal but their supplies have not been able to keep up. With the northern hemisphere winter on the horizon and China -- the world’s biggest electricity user -- ordering state-owned energy firms to secure supplies at all costs, investors are in a race to pi...
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Arch Resources nearly ready to open new met coal mine in WV

Arch Resources plans to open its new metallurgical coal mine near Philippi, West Virginia, before the end of August, company officials announced Tuesday. The new mine will open as international markets for met coal improves and as the commodity has become more profitable for the company to produce. “We appreciate the tremendous focus and dedication of the Leer South team,” said John T. Drexler, Arch’s chief operating officer. “In a span of just two-and-a-half years, includin...
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