SOURCE: Brighton Markets

February 17, 2012 09:00 ET

2012 Economic Outlook - Report Highlights James River Coal Company and Patterson-UTI Energy, Inc.

HONG KONG--(Marketwire - Feb 17, 2012) - Today, announced new reports highlighting James River Coal Company (NASDAQ: JRCC) and Patterson-UTI Energy, Inc. (NASDAQ: PTEN). Gain market insight with full analysis and research downloads available at

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Brighton Markets is releasing new coverage on James River Coal Company for its current position within the basic materials industry. James River Coal Company mines, processes and sells bituminous, steam- and industrial-grade coal through six operating subsidiaries (mining complexes) located throughout eastern Kentucky and in southern Indiana. The full research report on James River Coal Company (NASDAQ: JRCC) is available here:

Brighton Markets has released research on Patterson-UTI Energy, Inc. for its changing role within the basic materials industry. Patterson-UTI Energy, Inc. (Patterson-UTI) owns and operates fleets of land-based drilling rigs in the United States. The Company's contract drilling business operates primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, West Virginia, Ohio and western Canada. The full research report on Patterson-UTI Energy, Inc. (NASDAQ: PTEN) is available here:

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