5 Best Coal Stocks to Buy Now

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1. Warrior Met Coal, Inc. (NYSE: HCC)

Number of Hedge Fund Holders: 25
Market Cap: $829.741 million

Warrior Met Coal, Inc. (NYSE: HCC) was founded in 2015 and is headquartered in Brookwood, Alabama. It produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production Warrior Met Coal, Inc. (NYSE: HCC)  reported a net loss for the first quarter of 2021 of $21.4 million, or $0.42 per diluted share, compared to net income of $21.5 million, or $0.42 per diluted share, in the first quarter of 2020. Adjusted net income per share for the first quarter of 2021 was $0.08 per diluted share. The Adjusted EBITDA was reported to be $47.1 million in the first quarter of 2021. Sales volume in the first quarter of 2021 was 2.0 million short tons compared to 1.8 million short tons in the first quarter of 2020. Total revenues were $213.8 million for the first quarter of 2021. The company generated positive cash flows from operating activities in the first quarter of 2021 of $45.2 million, compared to $21.0 million in the first quarter of 2020.  Warrior is on track to be one of the best coal stocks to buy now.

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