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10 Best Coal Stocks to Buy Now - Insider Monkey


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, a ....

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Alpha Announces Fourth Quarter 2020 Results


Alpha Announces Fourth Quarter 2020 Results
- Reports net loss from continuing operations of $55 million for the fourth quarter 2020
- Posts Adjusted EBITDA(1) of $7 million for the fourth quarter 2020
- Continues strong cost management across all operating segments
- Closes transaction divesting Cumberland Mine, furthering strategic repositioning towards a pure metallurgical coal producer
- Completes name change to Alpha Metallurgical Resources, Inc.
- Appoints new board members to diversify and enhance corporate governance
- Reiterates 2021 operating guidance
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BRISTOL, Tenn., March 15, 2021 /PRNewswire/  Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the fourth quarter ending December 31, 2020. ....

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