Number of Hedge Fund Holders: 20
Market 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, Australia. BHP Group (NYSE: BHP) has made it to Insider Monkey’s list of the 10 best coal stocks to buy now. BHP Group (NYSE: BHP) reported a total revenue of $42.9 billion with $2.75 diluted earnings per share in its latest earnings report. In fiscal year 2020, BHP’s underlying EBITDA was $22.1 billion. The current consensus among 16 polled investment analysts is a Buy for BHP Group Ltd according to CNN Business.

Like Warrior Met Coal Inc (NYSE: HCC), Arch Resources Inc (NYSE: ARCH) and Alliance Resource Partners, L.P. (NASDAQ: ARLP), BHP is one of the best coal stocks to invest in now.

At the end of the fourth quarter of 2020, 20 hedge funds in the database of Insider Monkey held stakes worth $1.09 billion in the firm which is an increase from 18 hedge funds the previous quarter holding stakes worth $710 million.