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CSUAY: 3 Coal Stocks Under $10 to Buy this Winter

China Shenhua Energy Company Limited(OTC:CSUAY): The economic recovery from COVID-19 has placed greater emphasis on coal due to rising energy needs. The demand for energy is expected to hit an all-time high next year. Furthermore, Senator Joe Manchin’s thumbs down on President Biden’s Build Back Better bill proposal is expected to benefit coal producers. Given this backdrop, we think coal stocks China Shenhua (CSUAY), SunCoke (SXC), and Hallador (HNRG) could be solid bets this winter.

China Shenhua Energy (OTCMKTS:CSUAY) Upgraded at Zacks Investment Research

China Shenhua Energy (OTCMKTS:CSUAY) Upgraded at Zacks Investment Research
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Coal Power Generation Market Was 1,961 Gw in 2020

China tears up the rule book in the race to fix its energy crisis

Drones buzz above traffic-clogged roads in Ordos, Inner Mongolia, as white-capped police officers attempt to manage lines of hundreds of trucks waiting to be loaded with cargoes of coal. Many have been there for days. The jams disrupting the Chinese city, one of the most critical coal hubs anywhere, show the enormous task facing the world’s top energy consumer as it races to ease a power crisis that is stifling key industries and that some economists warn risks crimping global growth. For more than a month, energy shortages have rippled through China’s manufacturing centers for steel, aluminum and cement, and prices

China Shenhua Energy s Third-Quarter Net Profit Rose 21% on Higher Coal Demand

China Shenhua Energy s Third-Quarter Net Profit Rose 21% on Higher Coal Demand
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