As coal’s demands keep growing, many companies proved coal as the best investment opportunity of today.
The companies who became successful in investing coal are Natural Resource Partners LP (NRP) in US, Puda Coal Inc. (PUDA) in China, and the Peabody Energy Corp. (BTU) in Australia and US.
Puda Coal, the leading supplier of China’s highest grade metallurgical coking coal had assets of $90.3 million, which increased to $134.2 million on June 30, 2010. Coal mining assets amounted to $20.9 million at the end of 2009 and were $65.4 million by June 30, 2010. Puda enjoys a strong competitive advantage as China’s economy rises.
United States’ Natural Resource Partners LP (NRP) is a master limited partnership principally engaged in the business of managing coal properties, and coal handling and transportation infrastructure in the three major coal producing regions: Appalachia, the Illinois Basin and the Powder River Basin. The company’s sharing grows $1.88 per LP Unit in 2007, $2.07 in 2008, $2.16 in 2009 and $0.54 a quarter in the first two quarters in 2010.
Peabody Energy Corp., a coal company developing British Thermal Unit (BTU) Conversion technologies in Australia and US is the largest company among the three with sales of $6.4 billion.
“Coal is the world’s fastest growing fossil fuel (for the 8th year now) and likely will be for the next 10-20 at least,” Richard K. Morse of Stanford said.