Number of Hedge Fund Holders: 15
Market Cap: $442.197 million

CONSOL Energy Inc. (NYSE: CEIX) is one of the largest coal producers in America headquartered in Canonsburg, Pennsylvania. The company has a network of underground coal mines and are also involved in the production of natural gas. CONSOL Energy Inc. (NYSE: CEIX) mines, prepares, and markets thermal coal along with offering coal export terminal services. As of 2020, the company had 657.9 million tons of proven and probable coal reserves at PAMC. According to the latest quarterly earnings report, CONSOL earned a net income of $26.4 million in the first quarter of 2021 and their quarterly adjusted EBITDA was $106.7 million. Additionally, CONSOL’s coal shipments improved to 6.9 million tons which was the highest level achieved since 2019. The company has also witnessed sustained improvements in its seaborne thermal coal market which makes it one of the best coal stocks to buy now. Moreover, due to CONSOL Energy Inc. (NYSE: CEIX)’s natural gas production, it has been able to insulate itself from the general decline in the coal industry.