In this article we are going to list the 5 largest coal mining companies in USA. For a detailed coverage of this topic and a more comprehensive list please take a look at the 12 largest coal mining companies in USA.
5. Alliance Resource Partners, L.P. (NASDAQ:ARLP)
Coal production in 2021 (thousand short tons): 32,218
Market cap as at 20th April 2023 (in billions): N/A
Alliance Resource Partners, L.P. (NASDAQ:ARLP) operates a business model where it earns and generates operating and royalty income from low-cost mines in addition to oil & gas basins. Alliance Resource Partners, L.P. (NASDAQ:ARLP) is one of the top-performing coal stocks in the last year, gaining over 23% in share price in the same period.
4. ACNR Holdings
Coal production in 2021 (thousand short tons): 40,153
Market cap as at 20th April 2023 (in billions): N/A
American Consolidated Natural Resources, or ACNR, claims to be the biggest underground coal mining company in the U.S. The company changed its name to ACNR after undergoing bankruptcy in 2020. Previously, it was known as Murray Energy.
3. Navajo Transitional Energy
Coal production in 2021 (thousand short tons): 51,736
Market cap as at 20th April 2023 (in billions): N/A
One of the largest coal mining companies in USA, Navajo Transitional Energy recently earned two awards in mining safety and stewardship. In December 2022, the company also sued BNSF railway, one of the largest infrastructure companies in the U.S., after the latter failed to timely deliver and handle coal shipments.
2. Arch Resources, Inc. (NYSE:ARCH)
Coal production in 2021 (thousand short tons): 71,854
Market cap as at 20th April 2023 (in billions): $2.53
Arch Resources, Inc. (NYSE:ARCH) is a coal mining and processing company and like many top coal companies, is headquartered in Missouri. Arch Resources, Inc. (NYSE:ARCH) is involved in the mining of sub-bituminous and bituminous coal.
1. Peabody Energy Corporation (NYSE:BTU)
Coal production in 2021 (thousand short tons): 105,383
Market cap as at 20th April 2023 (in billions): $3.74
Easily topping the list of the 12 largest coal mining companies in USA is Peabody Energy Corporation (NYSE:BTU), which has dominated the industry for many years. Not only is Peabody Energy Corporation (NYSE:BTU) involved in coal mining, but is also involved in its sale and distribution. Taking advantage of a stellar 2022 for the coal industry, Peabody Energy Corporation (NYSE:BTU) saw its share price increase by nearly 12% in the last year alone.
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