5 Best Coal Mining Stocks To Invest In

4. CONSOL Energy Inc. (NYSE:CEIX)

Number of Hedge Fund Holders: 29

Headquartered in Canonsburg, Pennsylvania, CONSOL Energy Inc. (NYSE: CEIX) is a producer of high-BTU bituminous thermal coal in the US. The firm has made significant contributions to the nation’s energy needs by providing roughly 33% of its power supply.

CONSOL Energy Inc. (NYSE:CEIX) 2023 sales in export market accounted for almost 70% of total recurring revenues and other income. As of Insider Monkey’s database at the end of Q4 last year shows David Einhorn’s Greenlight Capital as the largest stakeholder in the company with 2.1 million shares having a net worth of $211.7 million.

CONSOL Energy Inc. (NYSE:CEIX) serves both domestic and export markets by producing two types of coal products i.e. thermal and metallurgical coal. As a result of company’s strategy of aggressive stock repurchases and dividends, the overall increase in shareholder’s value makes CONSOL Energy a compelling choice among the list of best coal mining stocks to invest in.