By the numbers: Peabody Energy ranks higher than 22% of stocks in the Thermal Coal Industry. Antero Resources is benefiting from improved earnings and cash flow. And PBF Energy had its price target upped by Goldman Sachs.
- BTU beat on EPS and revenue in he last quarter. Exceeding $1.67 EPS by 107% and 1.08 billion revenue by 18%.
- In Q4 2021, AR beat expected revenue of 1.39 billion by 72%.
- In the last three quarters, PBF delivered earnings beats on both EPS and revenue. Most recently, reporting $1.28 EPS (100% beat) and 8.24 billion revenue (15% beat)
Our thought bubble: With Europe exploring every avenue to free itself of its dependence on Russian oil, energy plays in these different industries of coal, oil, and natural gas should do well.