SouthGobi Makes A Logical Target For Teck Resources

By Peter Epstein:There's a reason why Walter Energy, (WLT), Patriot Coal, (PCX), Cloud Peak, (CLD) and Cline Mining, (CLNMF.PK) are routinely mentioned as takeout candidates.

By Colin Lokey:Walter Energy (WLT) produces and exports metallurgical, or 'coking coal', which is used to forge steel. The company's product is great for steelmakers due to its above average purity and high heat rate. Kieth Calder, CEO for only three months, recently announced he would step down because his 'management philosophy' conflicted with that of the board of directors.

By Vladimir Zernov:Walter Energy (WLT) is a producer and exporter of metallurgical coal (also known as coking coal) for the metallurgical industry. Recent times have been hard for the company and its stock.

By Peter Epstein:As of Friday's close, three U.S. coal companies happen to have Enterprise Values of close to $5.5 billion, Arch Coal, (ACI) Alpha Natural Resources, (ANR) and Walter Energy, (WLT).

By Vladimir Zernov:On March, 26 a Raymond James analyst upgraded Peabody Energy (BTU) to "Outperform" with a price target of $25. He cited that Peabody has underperformed its peers, the index and the broader market as a whole.

By Peter Epstein:I've written about selling puts on Walter Energy, (WLT) in the past. On 3 occasions, I've done this and made good returns twice. In this piece, I will describe a way to play the medium-term survival of Patriot Coal for an annualized return of close to 60%. It should go without saying that the following trade idea is high risk.

Miriam Metzinger submits: Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday March 17.

By Peter Epstein: Half Way Through November, a Month to Forget for Coal Stocks