4 Coal Stocks to Gain on Rising Demand Despite Emission Concerns

The Zacks Coal industry stocks have been under tremendous stress due to concerns about the impact of rising emissions. Coal is gradually losing ground to natural gas and clean alternate sources of energy. The decline in prices and demand has been hurting the profit levels of coal operators over the past few years. However, with the gradual rollout of vaccines and improving global economic activity, electricity demand is increasing and utility operators are buying more coal to step up production. Stocks like Peabody Energy Corporation (BTU), which have exposure in thermal coal and metallurgical (met) coal, are well poised to benefit from the revival in the domestic and international coal markets. Other coal stocks that are poised to benefit from an expected increase in U.S. met coal export in 2021 are CONSOL Energy Inc. (CEIX), SunCoke Energy Inc. (SXC) and Ramaco Resources (METC) as steel production is expected to increase during the 2021-2022 time period in the European and Asian countries.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
SunCoke Energy, Inc. (SXC) : Free Stock Analysis Report
 
Ramaco Resources, Inc. (METC) : Free Stock Analysis Report
 
Consol Energy Inc. (CEIX) : Free Stock Analysis Report
 
Peabody Energy Corporation (BTU) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Lincoln Minerals Limited LML.AX +125.00%
 Golden Cross Resources Ltd. GCR.AX +33.33%
 Casa Minerals Inc. CASA.V +30.00%
 Astro Resources NL ARO.AX +25.00%
 Athena Resources Ltd. AHN.AX +22.22%
 Adavale Resources Limited ADD.AX +22.22%
 Azimut Exploration Inc. AZM.V +21.98%
 New Stratus Energy Inc. NSE.V +21.05%
 Dynasty Gold Corp. DYG.V +18.42%
 Azincourt Energy Corp. AAZ.V +18.18%