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Coal Stocks Starting to Burn Bright

 
 
 

CNX, List of Coal Stocks

Regulation on coal industry continues to lighten with latest news out.

Released on Wednesday, March 1, 2017, 2:55 PM ET
by Email Russ UrbanContact SpeculatingStocks

Pittsburgh, PA (SpeculatingStocks) - The coal industry has almost been driven to extinction due to Obama-era initiatives to push clean energy and restrict the coal industry through various regulations. Another one of those regulations on the coal industry is expected to fall next week. Green regulations such as the federal coal mining ban and carbon emission cuts forced on states are expected to end next week.

It was one of President Trump's campaign promises to help coal country. President Trump won heavily coal state West Virginia with 67.9% of the vote and won the coal-related states of Pennsylvania and Ohio as well.



The extremely unfavorable environment for coal companies is starting to do a 180 and could even become extremely favorable with much of the EPA budget possibly on the chopping block.

Coal stocks are reacting today with several of them in the green today. Watch this list of coal stocks as once they start stringing together some up days we could see some of them really pop.

List of coal stocks and their movement today:

Alliance Resource Partners LP (NASDAQ:ARLP) up 2.49%

CONSOL Energy (NYSE:CNX) up 3.08%

Arch Coal, Inc. (NYSE:ARCH) up 4.43%

Westmoreland Coal Company (NASDAQ:WLB) up 5.06%

Alliance Holdings GP, L.P. (NASDAQ:AHGP) up 2.48%

Hallador Energy Company (NASDAQ:HNRG) up 5.85%

Natural Resource Partners L.P. (NYSE:NRP) up 0.76%

SunCoke Energy, Inc. (NYSE:SXC) up 3.38%

Foresight Energy LP (NYSE:FELP) up 5.70%

Ramaco Resources, Inc. (NASDAQ:METC) up 6.24%

Here are a couple links to coal-related stock picks we released last month:

CONSOL Energy (NYSE:CNX)

Alliance Resource Partners LP (NASDAQ:ARLP)

There is a clear turnaround in coal stocks today and we should see them be favorable for the long-term due to how much potential they have to recover from their state of squalor of the past several years.

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⇒ About the Author of this News Article:

Russ Urban has been following the stock market for over 17 years and holds a Bachelor's Degree in Finance. From a young age, he watched CNBC with a keen eye and became obsessed with the market and technology. Russ Urban has written hundreds of stock articles and stock picks through the years since he founded SpeculatingStocks.com, Inc. in 2006 and holds strong faith in the power of the markets and capitalism.

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