10 Best Coal Stocks to Buy Now
In this article we will take a look at the 10 best coal stocks to buy now. You can skip our detailed analysis of the coal industry’s outlook for 2021 and some of the major growth catalysts for coal stocks and go directly to the
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 least 38% of the electricity generated in the world is still produced by coal. The top producers of coal in the world include China, India, US, Australia, and Indonesia. One of the global leaders of coal mining in the US is Arch Resources Inc (NYSE: ARCH). Among the strongholds of U.S. coal mining are the Appalachian states West Virginia, Kentucky, and Pennsylvania, as well as
Operator
[Operator Instructions] We d like to welcome everyone to worry marinko first quarter results call. [Operator Instructions] After the speech remarks we like in an answer section. If you d like to ask a question, we process our number one on your telephone keypad. If you d like to withdraw your question press this call is being recorded and will be available for replay on the company s website. Before we begin, I ve been asked to note that this discussion today may contain forward looking statements and actual results may differ materially from those discussions.
For more information regarding for liquid statements, please refer to the company s press release and SEC filings. I have also been asked to note that the company is supposed to work consolidations discussed on this call and able to comprehend company s earnings release located on the investors tech company website is www dot warrior calm. In addition to the earnings release, the company has posted a brief supplemen
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Warrior Met Coal, Inc. has recently announced its results for 1Q21. Warrior is a leading dedicated US based producer and exporter of high quality metallurgical coal for the global steel industry.
Warrior reported a net loss for 1Q21 of US$21.4 million, or US$0.42 per diluted share, compared to net income of US$21.5 million, or US$0.42 per diluted share, in 1Q20. Adjusted net income per share for 1Q21 was US$0.08 per diluted share compared to adjusted net income per share of US$0.39 per diluted share in 1Q20. The company reported adjusted EBITDA of US$47.1 million in 1Q21, compared to adjusted EBITDA of US$62 million in 1Q20.
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