4 Stocks to Watch From the Still-Attractive Coal Industry

4 Stocks to Watch From the Still-Attractive Coal Industry

The Zacks Coal industry stocks have staged a rebound courtesy of global demand after the pandemic-led lockdowns and surging natural gas prices.  Improving coal prices and demand boosted the profit levels of coal operators. Demand for coal might continue to improve for the next few years as clean energy sources may not be able to […]

European energy crisis could bolster Virginia coal exports

As much of Europe faces an energy crisis, some countries are shifting away from natural gas energy and toward coal energy, which could help bolster the Virginia economy through coal exports from the commonwealth’s ports. “With the energy issues in Europe, we anticipate Virginia’s coal exports will likely increase further, but so will Europe’s demand […]

Coal makes a comeback as Europe tries to avoid an energy emergency

In Europe, higher prices for natural gas have helped revive demand for an alternative that had, until recently, fallen out of favor: coal. Russia’s invasion of Ukraine, resulting European sanction, and the Kremlin’s decision to cut gas flows to the Continent have prompted a shift back to coal-fired power plants, despite the environmental impacts. “European […]

Factbox: Energy crisis revives coal demand and production

High natural gas prices and global competition for the fuel have driven more demand for thermal coal for power generation this year as countries try to wean themselves off Russian energy supplies and seek relatively cheaper alternatives. Some countries are reopening mothballed coal plants to secure enough energy for this winter, while others are boosting production as […]