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Best Coal Stocks to Buy Now (2023)
Top coal stocks in 2023 ranked by overall Zen Score. See the best coal stocks to buy now, according to analyst forecasts for the thermal coal industry.

Industry: Thermal Coal
OverviewZen ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ARCH
ARCH RESOURCES INC
$2.08B$111.53$198.0077.53%Strong Buy1-16.54%-35.45%32.46%19.54%
CEIX
CONSOL ENERGY INC
$2.14B$62.98$80.0027.02%Strong Buy10.72%25.16%27.38%13.01%
ARLP
ALLIANCE RESOURCE PARTNERS LP
$2.28B$17.91$28.0056.34%Strong Buy1N/AN/A41.83%25.23%
NC
NACCO INDUSTRIES INC
$264.82M$35.26N/AN/AN/AN/AN/AN/AN/AN/A
NRP
NATURAL RESOURCE PARTNERS LP
$610.25M$48.30N/AN/AN/AN/AN/AN/AN/AN/A
AMR
ALPHA METALLURGICAL RESOURCES INC
$2.17B$150.17$200.0033.18%Buy1-34.83%-56.18%15.81%10.43%
BTU
PEABODY ENERGY CORP
$2.90B$20.01$33.0064.92%Strong Buy1-7.55%-36.41%20.07%12.03%
HNRG
HALLADOR ENERGY CO
$268.08M$8.09$9.0011.25%Hold1N/AN/AN/AN/A
1

Coal Stocks FAQ

What are the best coal stocks to buy right now in Jun 2023?

According to Zen Score, the 3 best coal mining stocks to buy right now are:

1. Arch Resources (NYSE:ARCH)


Arch Resources (NYSE:ARCH) is the top coal stock with a Zen Score of 62, which is 14 points higher than the coal industry average of 48. It passed 23 out of 38 due diligence checks and has strong fundamentals. Arch Resources has seen its stock lose -33.61% over the past year, underperforming other coal stocks by -18 percentage points.

Arch Resources has an average 1 year price target of $198.00, an upside of 77.53% from Arch Resources's current stock price of $111.53.

Arch Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Arch Resources, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Consol Energy (NYSE:CEIX)


Consol Energy (NYSE:CEIX) is the second best coal stock with a Zen Score of 60, which is 12 points higher than the coal industry average of 48. It passed 23 out of 38 due diligence checks and has strong fundamentals. Consol Energy has seen its stock return 16.74% over the past year, overperforming other coal stocks by 33 percentage points.

Consol Energy has an average 1 year price target of $80.00, an upside of 27.02% from Consol Energy's current stock price of $62.98.

Consol Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Consol Energy, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) is the third best coal stock with a Zen Score of 54, which is 6 points higher than the coal industry average of 48. It passed 19 out of 38 due diligence checks and has strong fundamentals. Alliance Resource Partners has seen its stock lose -10.41% over the past year, overperforming other coal stocks by 6 percentage points.

Alliance Resource Partners has an average 1 year price target of $28.00, an upside of 56.34% from Alliance Resource Partners's current stock price of $17.91.

Alliance Resource Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Alliance Resource Partners, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the coal stocks with highest dividends?

Out of 7 coal stocks that have issued dividends in the past year, the 3 coal stocks with the highest dividend yields are:

1. Arch Resources (NYSE:ARCH)


Arch Resources (NYSE:ARCH) has an annual dividend yield of 20%, which is 11 percentage points higher than the coal industry average of 8.52%. Arch Resources's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Arch Resources's dividend has shown consistent growth over the last 10 years.

Arch Resources's dividend payout ratio of 38.9% indicates that its high dividend yield is sustainable for the long-term.

2. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) has an annual dividend yield of 12.84%, which is 4 percentage points higher than the coal industry average of 8.52%. Alliance Resource Partners's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Alliance Resource Partners's dividend has shown consistent growth over the last 10 years.

Alliance Resource Partners's dividend payout ratio of 41.4% indicates that its high dividend yield is sustainable for the long-term.

3. Natural Resource Partners (NYSE:NRP)


Natural Resource Partners (NYSE:NRP) has an annual dividend yield of 11.24%, which is 3 percentage points higher than the coal industry average of 8.52%. Natural Resource Partners's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Natural Resource Partners's dividend has not shown consistent growth over the last 10 years.

Natural Resource Partners's dividend payout ratio of 29.1% indicates that its high dividend yield is sustainable for the long-term.

Why are coal stocks up?

Coal stocks were up 0.54% in the last day, and up 4.55% over the last week.

We couldn't find a catalyst for why coal stocks are up.

What are the most undervalued coal stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued coal stocks right now are:

1. Hallador Energy Co (NASDAQ:HNRG)


Hallador Energy Co (NASDAQ:HNRG) is the most undervalued coal stock based on WallStreetZen's Valuation Score. Hallador Energy Co has a valuation score of 71, which is 24 points higher than the coal industry average of 47. It passed 5 out of 7 valuation due diligence checks.

Hallador Energy Co's stock has gained 36.66% in the past year. It has overperformed other stocks in the coal industry by 53 percentage points.

2. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) is the second most undervalued coal stock based on WallStreetZen's Valuation Score. Alliance Resource Partners has a valuation score of 57, which is 10 points higher than the coal industry average of 47. It passed 4 out of 7 valuation due diligence checks.

Alliance Resource Partners's stock has dropped -10.41% in the past year. It has overperformed other stocks in the coal industry by 6 percentage points.

3. Nacco Industries (NYSE:NC)


Nacco Industries (NYSE:NC) is the third most undervalued coal stock based on WallStreetZen's Valuation Score. Nacco Industries has a valuation score of 57, which is 10 points higher than the coal industry average of 47. It passed 4 out of 7 valuation due diligence checks.

Nacco Industries's stock has dropped -32.11% in the past year. It has underperformed other stocks in the coal industry by -16 percentage points.

Are coal stocks a good buy now?

66.67% of coal stocks rated by analysts are a strong buy right now. On average, analysts expect coal stocks to rise by 47.83% over the next year.

What is the average p/e ratio of the thermal coal industry?

The average P/E ratio of the thermal coal industry is 2.38x.
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