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Energy and Utilities Rebound Following Obama's Remarks

  +Follow June 25, 2013 3:40PM
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Obama 2President Obama has taken tough actions against carbon emitting, going as far as to declare “war on coal.” Obama will be using a presidential memorandum to sidestep Congress and begin immediately enacting his plan, which aims to cut coal production, reduce carbon emissions, and inject $8 billion into renewable energy resources.

Obama's case was further bolstered when the Supreme Court agreed to hear a case that would bolster the Environmental Protection Agency's (EPA) ability to curb carbon emmissions from power plants.

Energy and utility companies fought this plan tooth and nail. While the plan still has a long way to go before implementation, investors were initially skittish on energy. The S&P 500 Energy Index lost 3.84 percent of its value last month.

Yet energy stocks, after suffering in preparation of the remarks, have actually seen a recent modest gain. Investors seem confident in energy and utilities to weather tighter restrictions and the move away from coal.

That is, should those changes even happen. Obama is utlizing executive branch powers to try to push the plan through quickly, and the plan is sure to be met with much resistance as it moves forward. And not just by energy companies, but by states that have hsitorically relied on coal as a major component of their economy. West Virginia Attorney General Patrick Morrissey, a Republican, said "This president's unprecedented use of the Environmental Protection Agency to enact overreaching regulations and circumvent state primacy has prompted our fellow Republican attorneys general to fight back at full force, and we plan to continue."

Coal company Peabody Energy (BTU) had dropped 17 percent since June 15. But Peabody has regained 1.68 percent to hit $15.10 a share.

Walter Energy (WLT), following a dip last week on the environmental news and word that the company wouldn’t refinance, rebounded and posted a big gain, rising 7.03 percent to hit $11.35 a share.

Utilities that fought the changes the hardest also bounced back. After experiencing a slide of almost 20 percent of its value over the last month, AES Corporation (AES) gained 2.63 percent to hit $11.71 a share. Southern Company (SO) had lost 10 percent since May and posted 1.72 percent gain to hit $43.68.

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Results for BTU
Somanath
30 Jul 15 17:47:48
PolgarStocks : BTU Peabody Energy Corp. Chart http://t.co/TZafMtnkSC $BTU $SPXL $MRO $F… http://t.co/4ucVkld1Ly) http://t.co/yf2Bp4p5b2
IH NASDAQ OMX
30 Jul 15 17:41:08
IWM Russell 2000 iShares Investor Opinions http://t.co/8FlQOZ2K9d $IWM $IWO $BTU $AEM #IWM #stocks #invest
Michael Cook
30 Jul 15 17:37:03
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0eCx9 $LFL $BTU $CMLS
Michael James
30 Jul 15 17:35:55
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoX67mX $LFL $BTU $CMLS
PolgarStocks
30 Jul 15 17:35:12
BTU Peabody Energy Corp. Chart http://t.co/G8SZlGhPVm $BTU $SPXL $MRO $FV #BTU #stockmarket #investing
Paul Henry
30 Jul 15 17:34:03
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpAiFK $LFL $BTU $CMLS
WKRB News
30 Jul 15 17:27:29
Peabody Energy Debt Trading 2.5% Higher Analyst $BTU http://t.co/YDkdvFzevM
Dakota Financial
30 Jul 15 16:25:06
Peabody Energy Bonds Rise 2.5% During Trading Analyst $BTU http://t.co/Ya7WFAVlRB
12Stocks.com
30 Jul 15 16:03:02
MidCap #Stocks Performance $ACIW $IDXX $HOLX $INGR $SVU $HFC $CVLT $MAA $ITRI $BTU $TER $EQY $ODFL $DECK more@ http://t.co/H27z0IZ4hK
Lucky Jimmy
30 Jul 15 15:42:03
NLS Nautilus Group, Inc. Prev Close http://t.co/vUzhUFCM4C $NLS $BTU $DPZ $WFM #NLS #tradeideas #finance
lookn4wins
30 Jul 15 15:34:10
BLTA Baltia Airlines Inc. Dividend http://t.co/BPLWFjS2K7 $BLTA $BTU $NKE $NXPI #BLTA #stockmarket #tradeideas
PamphletShop
30 Jul 15 15:12:25
$SPNC Spectranetics http://t.co/UKZ3MRGmpH $ZQK $FV $USLV $GREK #ZQK $XLV $FEYE $ATI $IBB #XLV $XLU $COP $BTU $BABL $NVA $BABA #MYEC
PolgarStocks
30 Jul 15 14:33:04
CELG Celgene Corp. Ideas http://t.co/K8hmZKbNTs $CELG $BTU $FXC $XLU #CELG #invest #finance
IH NASDAQ OMX
30 Jul 15 14:33:03
BTU Peabody Energy Corp. Yield http://t.co/RqIKYhmpql $BTU $HPQ $DBA $KBE #BTU #stock #stock
deafdaytrader
30 Jul 15 14:25:20
$BTU nice and might run more
Bryan K. Oekel
30 Jul 15 14:25:17
That time I invested in $BTU...Oops. We learn by doing.
Quantpost Basic Mats
30 Jul 15 13:52:49
$BTU News: "A Look At Chinese Thermal Coal Demand $BTU $CLD" http://t.co/DCdOdrhciZ Analyze: https://t.co/S6FzkWgwQb
Seeking Alpha
30 Jul 15 13:52:49
A Look At Chinese Thermal Coal Demand http://t.co/BOhxHJKUL1 $BTU $CLD
Stock Forums
30 Jul 15 13:33:03
BTU Peabody Energy Corp. Message Board Posts http://t.co/2vw1gCoD9z $BTU $SLW $MCD $CEF #BTU #invest #stock
Stock Forums
30 Jul 15 13:32:21
AKS AKSteel Holding Corp. Short Sales http://t.co/XHYCsseWuW $AKS $IWM $SYNA $BTU #AKS #share #tradeideas
Omphemetse Masilo
30 Jul 15 13:27:39
RT @valuewalk: Investors Lost Their Shirts On Peabody; Are Taxpayers Next? http://t.co/l9TP0AvRS0 $BTU http://t.co/3IETSwrCYQ
Analyst Actions
30 Jul 15 13:27:01
$BTU: Analyst action by Macquarie on Peabody Energy: http://t.co/X7quFMRDCO http://t.co/CaehA0EU4E
Market Realist
30 Jul 15 13:26:28
Recently Published Coal Indicators Point to a Comeback $KOL $BTU $CLD $ACI https://t.co/A43EBcT0X4
William Carswell
30 Jul 15 13:17:21
@Carl_C_Icahn You looking at $BTU, Carl? With a little capital to get them through this cycle, their bonds could be a multi-bagger.
ValueWalk
30 Jul 15 13:16:17
Investors Lost Their Shirts On Peabody; Are Taxpayers Next? http://t.co/l9TP0AvRS0 $BTU http://t.co/3IETSwrCYQ
Chistina Wold
30 Jul 15 12:04:00
@Sqwii $BTU is only -0.60$ below yur 7/2 recummen. keep on cheerleadin'. butt yu need to shave yur legs. #BLOL! http://t.co/jNibYAAVBm
Sqwii
30 Jul 15 11:50:25
$BTU 1.5 next imo
Sweet Platform
30 Jul 15 11:48:15
Peabody Energy 1 Year Default Probability Up 6.43% To 20.41% Today  $BTU http://t.co/iIVSY1p9IM
Sqwii
30 Jul 15 11:46:21
$BTU hod 1.3
Michael Cook
30 Jul 15 10:58:13
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0wdoH $LFL $BTU $CMLS
Michael James
30 Jul 15 10:53:34
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoX67mX $LFL $BTU $CMLS
Paul Henry
30 Jul 15 10:52:02
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpiHOc $LFL $BTU $CMLS
Analyst Actions
30 Jul 15 10:31:01
$BTU: Analyst action by Macquarie on Peabody Energy: http://t.co/X7quFMRDCO http://t.co/fqVu7hkCqd
Alexander Morris
30 Jul 15 10:12:04
$BTU: 1mCrossSMA- (1.22), 10%DnDays:12, tf:0111110, DyVol:5.61M:0.4x:0.2x, DyRng:8.2%:0.7x:0.6x; TLM:0.7 (PotSHRT); vl:9; rs:+,
Stocks On The Move
30 Jul 15 09:50:29
Cloud Peak sinks after Q2 results, as no coal miner is immune http://t.co/UzOVZFsuO0 $CLD $ACI $BTU
Energy Stocks SA
30 Jul 15 09:50:29
Cloud Peak sinks after Q2 results, as no coal miner is immune http://t.co/caDb28WcXE $CLD $ACI $BTU
Quantpost Basic Mats
30 Jul 15 09:50:29
$BTU News: "Cloud Peak sinks after Q2 results, as no coal miner is immune $CLD …" http://t.co/P6l7B7NW4N Analyze: https://t.co/l70AdJduqf
Breaking News
30 Jul 15 09:50:29
Cloud Peak sinks after Q2 results, as no coal miner is immune http://t.co/ul8IEjDyNh $CLD $ACI $BTU
WKRB News
30 Jul 15 08:44:18
Peabody Energy Given New $1.15 Price Target at Macquarie $BTU http://t.co/2vFLxzKMue
Dave Weiskopf
30 Jul 15 08:10:55
$BTU loses $1B, suspends dividends, lays of 550 workers. Don't worry, though: execs will still get multi-million dollar salaries.
Russell Barbour
30 Jul 15 08:07:06
http://t.co/zkwrjD3miQ <<-- Nice trade by Superman which was replicated by everyone in the chatroom!! $INVN $TTI $BTU $CRTO #trading
Michael Cook
30 Jul 15 07:49:27
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0wdoH $LFL $BTU $CMLS
Michael James
30 Jul 15 07:45:17
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoXnIev $LFL $BTU $CMLS
Paul Henry
30 Jul 15 07:42:15
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpAiFK $LFL $BTU $CMLS
Brasil61
30 Jul 15 07:13:39
you have been Obama'ed $BTU 1.22 from 70
Large Void Bot
30 Jul 15 07:03:11
10:03 Drops: $ESV -5.1%, $BTU -4.1%, $KRA -3.6%
Sqwii
30 Jul 15 06:37:36
$BTU above 1.25 big run imo watch it
Analyst Actions
30 Jul 15 06:27:02
$BTU: Analyst action by Deutsche Bank on Peabody Energy: http://t.co/D6Gc0eyQSz http://t.co/L6h3tUROt0
Kamakura Corporation
30 Jul 15 06:12:00
RT @dvandeventer: Peabody Energy 1 Year Default Probability Up 6.43% To 20.41% Today $BTU http://t.co/ylyqQdKRbI via @salphatrending
Arijit Banik
30 Jul 15 06:09:26
RT @dvandeventer: Peabody Energy 1 Year Default Probability Up 6.43% To 20.41% Today $BTU http://t.co/ylyqQdKRbI via @salphatrending
				
				
  +Follow June 25, 2013 3:40PM
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