5 Best Coal Mining Stocks To Invest In

3. Peabody Energy Corporation (NYSE:BTU)

Number of Hedge Fund Holders: 35

Peabody Energy Corporation (NYSE:BTU) was founded in 1883 and is headquartered in Saint Louis, Missouri. It is known to be the largest private sector coal company in the world and serves customers in more than 25 countries.

Peabody Energy Corporation’s (NYSE:BTU) provides its services globally through its Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal, and Corporate and Other segments. It reported Q4 earnings of $1.33 per diluted share and revenue of $1.24 billion for the quarter ended Dec. 31, 2023.

The last quarter records of Insider Monkey’s database show that 35 hedge funds were held by Peabody Energy Corporation (NYSE:BTU) out of 933 with Paul Singer’s Elliott Management being the largest stakeholder of the company amounting to 13.2 million shares that were worth $319.9 million.