Energy commodities have always been key players in the global market. This guide focuses on coal trading and the different ways you can trade coal with instruments like CFDs, options, ETFs, and coal company stocks. Coal prices can be volatile, and traders should take this into consideration. Placing a small portion of a trading portfolio…
Booming demand for Indian coal is driving up the shares of miner Coal India and power generator NTPC Ltd, state giants investors once dismissed as plodding dinosaurs, but which are now outperforming the wider market and global peers. NTPC, which produces mostly coal-fired power, has surged 78%, far ahead of a gain of 17% in…
Since the beginning of industrialization, coal has been one of the leading energy sources in the world. In the recent years, the global production of coal has been steadily increasing and reached nearly 168 exajoules in 2019, according to Statista. Although developed countries have been pushing for more renewable energy sources for power generation, at…
Number of Hedge Fund Holders: 6Market Cap: $742.819 million Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a diversified natural resource company that produces and markets coal primarily to utilities and industrial users in the United States. Alliance Resource Partners, LP (NASDAQ: ARPL) is officially the fifth-largest coal producer in the United States. As of 2020, the company…
Number of Hedge Fund Holders: 24Market Cap: $777.246 million Arch Resources, Inc. (NYSE: ARCH) was founded in 1969 and is headquartered in St. Louis, Missouri. It produces and sells metallurgical and thermal coal from underground and surface mines. As of 2020, the company has operations in seven active coal mines and sells its products to…
Number of Hedge Fund Holders: 19Market Cap: $635.611 million SunCoke Energy, Inc. (NYSE: SXC) is an independent producer of coke coal in the Americas and Brazil. Its products include metallurgical and thermal coal. The company is based in Lisle, Illinois and was founded in 1960. SunCoke Energy, Inc. (NYSE: SXC) had a net income of…
Number of Hedge Fund Holders: 20Market Cap: $503.296 million Peabody Energy Corporation (NYSE: BTU) is a coal mining company that was founded in 1883 and is headquartered in St. Louis, Missouri. The company is involved in the mining, preparation, and sale of thermal coal in the US, Taiwan, Australia, Japan, India, China, Vietnam, and South…
Number of Hedge Fund Holders: 4 Market Cap: $176.742 million NACCO Industries, Inc. (NYSE: NC) is an Ohio-based company that ranks 10th in the list of 10 best coal stocks to buy now. Founded in 1913 and headquartered in Cleveland, NACCO Industries, engages in the mining and natural resources businesses. The company operates through three…
Number of Hedge Fund Holders: 5Market Cap: $179.132 million Ramaco Resources, Inc. (NASDAQ: METC) was founded in 2015 and is based in Lexington, Kentucky. It is one of the top producers of metallurgical coal in the United States. The company primarily sells to blast furnace steel mills and coke plants in the country and also…
Number of Hedge Fund Holders: 20Market Cap: $197.239 billion BHP Group (NYSE: BHP) is an Australian natural resources business that operates in Australia, China, India, Japan, South Korea, South America, and North America. The company operates through Petroleum, Copper, Iron Ore, and Coal segments. It was was founded in 1851 and is headquartered in Melbourne,…