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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
stockschamp
1 Apr 15 10:33:10
The Most Accurate Stock Alert Service Made $240,000 Yesterday http://t.co/8WvnrVmkBS .. $LFL $BTU $CMLS
Brattle St. Capital
1 Apr 15 10:17:14
@DonutShorts Raising a distressed energy fund. Probably putting $250m to work, respectively, in each of $CLF $BTU $PGN and $NES. Interested?
DOUG
1 Apr 15 09:43:10
@zerohedge " CAN @Carl_C_Icahn PLZ SAY SOMETHING NICE ABOUT $BTU "
Sami Karam
1 Apr 15 09:32:40
Peabody Energy $BTU was at $85 in 2008, $73 in 2011. Now below $5. Entire US coal sector now has < $15B marketcap. http://t.co/2A07ODoBHs
Donut Shorts
1 Apr 15 08:40:46
$WLT $ANR $BTU #metcoal will break par by the end of the week given the pace it is on.
US_proptrader
1 Apr 15 06:36:02
$BTU $DNR $ONVO $UCO autocharts @ http://t.co/cLiki3R0GR
ProVesting
1 Apr 15 06:30:03
$BTU $DPRX: Whats Hot Today: Hewlett-Packard Company (NYSE:HPQ ...: http://t.co/Ni4i1f8Dq2
ProTradersNews
1 Apr 15 04:35:05
$CLDN $OVAS $TCK $BTU: 4 Stocks Plunging: Celladon, (NASDAQ:CLDN), OvaScience ...: http://t.co/GSJ11q7ccx
ProVesting
1 Apr 15 04:25:05
$BTU: Stocks with high institutional ownership: Peabody Energy ...: http://t.co/FOghCRWr7W
Sleek Money
1 Apr 15 03:48:41
Peabody Energy Bonds Drop 5.3% During Trading $BTU http://t.co/8R7MnM3XXg
Penny Stockington
1 Apr 15 03:40:31
Our Penny Stock Pick On $THCZ Is Up Over 400% So Far! Big News: http://t.co/SlU3u7JlMl $LFL $BTU $CMLS
Francisco de la Lama
1 Apr 15 03:22:20
RT @Sandman7591: Some ideas for March 23 $AFFX $ARRY $BTU $BZH $CX $FRM $HILL $LOV $MOBL $PLPM $SIGM $SOL $TSYS
StockenheimerSchmidt
1 Apr 15 02:09:53
$PPCH Gained As Much As 1005% Within 3 Days! Market News: http://t.co/oGWehWr8rK $LFL $BTU $CMLS
monestsignalen
1 Apr 15 01:12:03
#aandelen enkele nieuwe lows voor $EGY $OHRP $BTU Check - http://t.co/G4RvUlunUI
Stock Dawgzz
31 Mar 15 23:26:15
Our Penny Stock Picks On $THCZ & $RCGP Gained A Combined 700% so far! Blog Update: http://t.co/g3eVEb0uXG $LFL $BTU $CMLS
Stock Rocket
31 Mar 15 22:53:34
Platinum Members Saw Penny Stock Picks Gain Over 1400% In 4 Months! Go Platinum: http://t.co/PsSamxklfe $LFL $BTU $CMLS
Stockaholics
31 Mar 15 22:49:24
Our Penny Stock Alerts Gained Over 1400% In Just Over 4 Months! Subscribe today: http://t.co/w9IKAZTauW $LFL $BTU $CMLS
ACE
31 Mar 15 19:17:33
$BTU not too far off from its all-time low of 4.38 Something to watch
StockNewsWires
31 Mar 15 18:50:02
$BTU: Peabody Energy Bond Prices Fall 5.3% (BTU): http://t.co/D4DVhO5mZf
WKRB News
31 Mar 15 18:48:25
Peabody Energy Bond Prices Fall 5.3% $BTU http://t.co/BHuA2LtvwU
leahanne
31 Mar 15 15:54:43
Volume Alert - BTU 4.92 Peabody Energy Corp $BTU Hit a high today of 5.27 Closing the day 03/31/15 at 4.92 -0. http://t.co/fMtddW4T8b
leahanne
31 Mar 15 15:54:20
$BTU Volume Alert - BTU Stock 4.92 Peabody Energy Corp $BTU Hit a high today of 5.27 Closing the day 03/31/15 at 4. http://t.co/BlJAVXdJVc
Brattle St. Capital
31 Mar 15 15:46:58
RT @DonutShorts: $BTU 2L bonds issued 3 weeks ago at $97.56 went out at $89.75, YTW 12.23% Thank you for playing #coal
Stock Rocket
31 Mar 15 15:37:08
Platinum Members Saw Penny Stock Picks Gain Over 1400% In 4 Months! Go Platinum: http://t.co/PsSamxBW6M $LFL $BTU $CMLS
Emylers
31 Mar 15 15:36:27
BTU Stock 4.92 Peabody Energy Corp $BTU Hit a 52 week low of 4.76 Closing the day 03/31/15 at 4.92 -0.42 -7.87 http://t.co/fKujntchVe
Emylers
31 Mar 15 15:36:05
$BTU BTU 4.92 Peabody Energy Corp $BTU Hit a 52 week low of 4.76 Closing the day 03/31/15 at 4.92 -0.42 -7.87% With http://t.co/2fMU3kcITA
Donut Shorts
31 Mar 15 15:33:01
$BTU 2L bonds issued 3 weeks ago at $97.56 went out at $89.75, YTW 12.23% Thank you for playing #coal
Clark Joseph Kent
31 Mar 15 14:06:49
March Losers $ATLS $ORHP $ACRX $SONS $CANF $EGY $WG $SHOS $LL $ONVO $BV $ADMP $NSLP $WTW $CMLS $DXM $BTU $DSKY $ASPS http://t.co/ZCcw2yD1yc
Beverage Consulting
31 Mar 15 14:03:50
RT @DailyStockPlays: ADX Over 30 DT http://t.co/YwbwbwhL00 $TVIX $UVXY $GMCR $UWTI $INTC $FCX $T $CSCO $VALE $KO $USO $CHK $XLE $UCO $EBAY …
StockenheimerSchmidt
31 Mar 15 13:55:22
$PPCH Gained As Much As 1005% Within 3 Days! Market News: http://t.co/oGWehWIJji $LFL $BTU $CMLS
Traderific
31 Mar 15 13:26:11
COVER $BTU 4.92, SHORT $CELG 115.28, SELL $GMCR 111.73, SELL $GWL 28.24. More stock tips & details at: http://t.co/db4WIWLCuB
Lio Trep
31 Mar 15 13:15:29
Four stocks among the 81 making new 52-week lows today: $VALE, $BTU, $PM, $EGY http://t.co/QXjKT6k9d0
Stockaholics
31 Mar 15 12:43:12
Our Penny Stock Alerts Gained Over 1400% In Just Over 4 Months! Subscribe today: http://t.co/w9IKB0aLmu $LFL $BTU $CMLS
Patrick Ghosh
31 Mar 15 12:10:13
let me guess: $BTU goes to $4.38
Greg David
31 Mar 15 12:03:05
http://t.co/RMvVXns2xX does trade alerts differently than anyone else. Its super cool. $NOK $SD $BTU $FITX $ARRY $HEMP $AKS $ARCP $RAD $S
Large Void Bot
31 Mar 15 12:00:27
Popular: $CF, $LGF, $DFS, $CLH, $MA, $FTR, $BOX, $HIT, $GOOG, $EMR, $KORS, $VNCE, $BTU, $TOL
Penny Stock Secret
31 Mar 15 11:52:54
This Guy Turned $100 Into Over $10,000 In Just 30 Days!!! http://t.co/NovWYeksZ7 .. $LFL $BTU $CMLS
Brattle St. Capital
31 Mar 15 11:31:49
@HFM17Mile both @HedgeyeENERGY @DividendMaster have been all over these. My short list: $CLF $BTU $RIG $PGN $BBEP $LGCY. Cc: @DonutShorts
Breaking News
31 Mar 15 10:57:02
$BTU: Obama's UN Climate Vow Relies on Court Wins, Cheap Natural Gas: http://t.co/9SSEGHrPzn
Patrick Ghosh
31 Mar 15 10:45:30
$BTU sub $5. I'm still waiting for that "coal supercycle" to resume...
Stock Dawgzz
31 Mar 15 10:39:47
Our Penny Stock Picks On $THCZ & $RCGP Gained A Combined 700% so far! Blog Update: http://t.co/g3eVEb0uXG $LFL $BTU $CMLS
Penny Stockington
31 Mar 15 10:32:09
Our Penny Stock Pick On $THCZ Is Up Over 400% So Far! Big News: http://t.co/SlU3u7JlMl $LFL $BTU $CMLS
Alexander Morris
31 Mar 15 09:59:10
$BTU: ApproachingKeyLevel- (5.00), 0NewLo, FltBO-, allTFs-, ch:-5.6%, bigFlt:259M, HiPctSht[23%:3d], 21DyChgHi:-37%; TLM:4.2
Media Sentiment
31 Mar 15 09:44:58
$BTU received a new alert. Find out why at http://t.co/nZwqReM0tj #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 256
Livevol Community
31 Mar 15 09:43:00
RT @OphirGottlieb: $BTU Stock Down 70%; Risk to All-time Highs per Options data via --> http://t.co/NOYX2c5FET http://t.co/yzhBUkQDSo
Ophir Gottlieb
31 Mar 15 09:40:45
$BTU Stock Down 70%; Risk to All-time Highs per Options data via --> http://t.co/NOYX2c5FET http://t.co/yzhBUkQDSo
Jack Trader
31 Mar 15 09:33:19
$BTU Trade-Ideas: Peabody Energy (BTU) Is Today&#39;s &quot;Dead Cat Bounce&quot; Stock http://t.co/SqoCZUVDiw
12Stocks.com
31 Mar 15 08:52:41
MidCap #Stocks Performance $CLF $DWA $FBHS $UNT $CMC $OLN $WNR $SIVB $BTU $IPGP $DF $STLD $TECD $ALEX more@ http://t.co/H27z0IZ4hK
Alexander Morris
31 Mar 15 08:20:58
$BTU: ApproachingKeyLevel- (5.00), 4NewLo, FltBO-, 5:6Accel-Dy, allTFs-, ch:-5.4%, bigFlt:259M, HiPctSht[23%:3d], 21DyChgHi:-37%
Sleek Money
31 Mar 15 03:35:04
Peabody Energy Bonds Trading 1.9% Lower $BTU http://t.co/IqYcg7jP7z
				
				
  +Follow June 25, 2013 3:40PM
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