10 Best Coal Stocks to Invest in Right Now

8. BHP Group Limited (NYSE:BHP)

Number of Hedge Fund Investors: 22

BHP Group Limited (NYSE:BHP) operates as a resources company with coal being one of the key segments. The primary operations of BHP are located in Australia, Europe, China, Japan, India, South Korea, the rest of Asia and North America.

While the overall business has been growing, energy coal production was down 4% y-o-y and steelmaking coal was lower by 23% in the latest quarter. This does not deter the annual guidance as the company expects coal production to be in the upper half of its guidance for 2025. The impact of unfavorable coal prices has been offset by higher shipments. A diversified business makes BHP a defensive investment in the commodity space. A more favorable coal pricing should enable BHP to generate better margins. It has already received a higher EBITDA revision for the year. A forward dividend yield close to 6% also offers a lucrative investment opportunity in this stock.