9 coal stocks to watch

Considering investing in coal stocks? While the best coal stocks depend on your portfolio and investment goals, we've identified some coal stocks that are worth keeping an eye on in the energy sector. Keep reading to learn more about coal stocks and how to start investing.

9 popular coal stocks to watch

We round up a selection of stocks in or related to the energy industry, weighting the list more heavily towards popular mid- and large-cap stocks.

Best stock	1-year return	Market cap	Exchange	Volume	Buy on Questrade
Alpha Metallurgical Resources (AMR.US)	-10.12% Alpha Metallurgical Resources's 1-year return based on the closing price as of November 6, 2025.	$2 billion (USD)	NYSE	287,464	Buy now
Westshore Terminals Investment (WTE.TO)	79.17% Westshore Terminals Investment's 1-year return based on the closing price as of November 3, 2025.	$2.7 billion (CAD)	Toronto Stock Exchange	103,187	Buy now
NACCO Industries (NC.US)	-22.70% NACCO Industries's 1-year return based on the closing price as of November 6, 2025.	$269.4 million (USD)	NYSE	35,100	Buy now
Peabody Energy (BTU.US)	-25.37% Peabody Energy's 1-year return based on the closing price as of November 6, 2025.	$2.7 billion (USD)	NYSE	1,707,600	Buy now
Warrior Met Coal (HCC.US)	-0.37% Warrior Met Coal's 1-year return based on the closing price as of November 6, 2025.	$4.3 billion (USD)	NYSE	1,103,429	Buy now
Alliance Resource Partners (ARLP.US)	3.20% Alliance Resource Partners's 1-year return based on the closing price as of November 6, 2025.	$3.4 billion (USD)	NASDAQ	799,700	Buy now
Canadian Pacific Railway (CP.TO)	27.24% Canadian Pacific Railway's 1-year return based on the closing price as of November 3, 2025.	$114.2 billion (CAD)	Toronto Stock Exchange	1,882,881	Buy now
Morien Resources (MOX.V)	4.17% Morien Resources's 1-year return based on the closing price as of November 3, 2025.	$14.1 million (CAD)	TSX Venture Exchange	31,000	Buy now
Colonial Coal International (CAD.V)	92.14% Colonial Coal International's 1-year return based on the closing price as of November 5, 2025.	$431.5 million (CAD)	TSX Venture Exchange	158,874	Buy now

The values in this table are accurate as of the market close on November 3, 2026, or the most recent data available. Volume refers to the number of shares traded during the day.

What to look for when investing in coal stock

The energy industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering coal stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.

How to invest in coal stock

1. Research the energy industry. Before investing, learn about the coal stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
2. Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
3. Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
4. Select the coal stock(s) to buy. Search by company name or ticker symbol, like AMR or WTE. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
5. Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.

Our top picks for where to buy coal stocks

Are coal stocks a good investment?

While it's possible to turn a profit investing in coal stocks, keep in mind that—like any investment—coal stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the energy industry, so carefully vet your picks before you invest.

What are the best coal stocks?

A lot of factors go into picking the best coal stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong coal stock investment for one person might not be suitable for another.

That said, we rounded up this list of popular coal stocks in or related to the energy industry to help narrow down your options:

• Alpha Metallurgical Resources (AMR)
• Westshore Terminals Investment (WTE)
• NACCO Industries (NC)
• Peabody Energy (BTU)
• Warrior Met Coal (HCC)
• Alliance Resource Partners (ARLP)
• Canadian Pacific Railway (CP)
• Morien Resources (MOX)
• Colonial Coal International (CAD)

Keep in mind that this is not a "best" list or a recommendation. It highlights some coal stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.

We've outlined detailed company and stock performance details for each coal stock below. Keep reading to decide if any of these companies are the right investment for you.

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Alpha Metallurgical Resources (AMR)

Alpha Metallurgical Resources, Inc., a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company provides metallurgical coal products.

It operates nineteen active mines and eight active coal preparation and load-out facilities.

Closing stock price	$153.81
Market Capitalization The total market value of Alpha Metallurgical Resources's outstanding shares	$2 billion
Gross profit (TTM)	$206.9 million
Profit margin	-2.23%
Revenue (TTM)	$2.1 billion
Earnings per share (TTM)	-$3.59
52-week stock price range	$133.64 – $253.82

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

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Westshore Terminals Investment (WTE)

Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. It has contracts to ship coal from mines in British Columbia, Alberta, and the United States.

The company was founded in 1970 and is headquartered in Vancouver, Canada.

Closing stock price	C$43.75
Market Capitalization The total market value of Westshore Terminals Investment's outstanding shares	C$2.7 billion
Gross profit (TTM)	C$122.9 million
Profit margin	29.65%
Revenue (TTM)	C$330.3 million
Earnings per share (TTM)	C$1.59
52-week stock price range	C$23.43 – C$45.92

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

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NACCO Industries (NC)

NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties.

The Utility Coal Mining operates surface coal mines under long-term contracts for power plants and a synfuels plant.

Closing stock price	$33.88
Market Capitalization The total market value of NACCO Industries's outstanding shares	$269.4 million
Gross profit (TTM)	$51.5 million
Profit margin	6.21%
Revenue (TTM)	$278.5 million
Earnings per share (TTM)	$2.30
52-week stock price range	$32.32 – $58.75

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

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Peabody Energy (BTU)

Peabody Energy Corporation engages in the production of metallurgical and thermal coal. It operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, and Other U.S. Thermal segments.

The company operates mines in New South Wales and Queensland in Australia and in Alabama and Wyoming in the United States; mining, preparation, and sale of thermal coal, sold primarily to electric utilities; surface mining extraction processes, coal with a lower sulfur content, and Btu; and mining sub-bituminous coal deposits.

Closing stock price	$22.18
Market Capitalization The total market value of Peabody Energy's outstanding shares	$2.7 billion
Gross profit (TTM)	$417 million
Profit margin	-4.56%
Revenue (TTM)	$4 billion
Earnings per share (TTM)	-$1.49
52-week stock price range	$20.00 – $40.88

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

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Warrior Met Coal (HCC)

Warrior Met Coal, Inc. engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia. It offers hard-coking coal through the operation of underground mines located in Alabama.

The company also sells natural gas extracted as a byproduct from coal production.

Closing stock price	$80.92
Market Capitalization The total market value of Warrior Met Coal's outstanding shares	$4.3 billion
Gross profit (TTM)	$514.8 million
Profit margin	13.04%
Revenue (TTM)	$1.7 billion
Earnings per share (TTM)	$4.39
52-week stock price range	$71.53 – $111.31

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

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Alliance Resource Partners (ARLP)

Alliance Resource Partners, L. P.

, a diversified natural resource company, engages in the production and marketing of coal to utilities and industrial users in the United States.

Closing stock price	$25.18
Market Capitalization The total market value of Alliance Resource Partners's outstanding shares	$3.4 billion
Gross profit (TTM)	$816.8 million
Profit margin	14.09%
Revenue (TTM)	$2.2 billion
Earnings per share (TTM)	$2.40
52-week stock price range	$21.40 – $28.08

All dollar amounts in this table are in USD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

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Canadian Pacific Railway (CP)

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight consists of industrial and consumer products, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.

The company also provides rail and intermodal transportation services through a network of approximately 20,000 miles serving business centers.

Closing stock price	C$125.33
Market Capitalization The total market value of Canadian Pacific Railway's outstanding shares	C$114.2 billion
Gross profit (TTM)	C$8.4 billion
Profit margin	24.14%
Revenue (TTM)	C$16 billion
Earnings per share (TTM)	C$4.33
52-week stock price range	C$96.00 – C$133.54

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

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Morien Resources (MOX)

Morien Resources Corp., a mining development company, engages in the identification and purchase of mineral interests and projects in Canada. It holds royalty interests in the Donkin coal mine located in Cape Breton, Nova Scotia; and the Black Point aggregate project situated in Guysborough County, Nova Scotia.

Morien Resources Corp. has a strategic partnership with Carver Companies, LLC ("Carver") for the identification and advancement of the Lazy Head Aggregate project.

Closing stock price	C$0.25
Market Capitalization The total market value of Morien Resources's outstanding shares	C$14.1 million
Earnings per share (TTM)	-C$0.01
52-week stock price range	C$0.18 – C$0.27

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

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Colonial Coal International (CAD)

Colonial Coal International Corp. engages in the acquisition, exploration, and development of coal properties in Canada. The company owns a 100% interest in the Huguenot Property consists of seventeen licenses covering an area of approximately 9,531 hectares located in the Liard Mining Division, northeastern British Columbia; and in the Flatbed Property comprising eight coal licenses covering approximately an area of 9,607 hectares located in the Liard Mining Division, northeastern British Columbia.

Colonial Coal International Corp. is headquartered in Vancouver, Canada.

Closing stock price	C$2.69
Market Capitalization The total market value of Colonial Coal International's outstanding shares	C$431.5 million
Gross profit (TTM)	C$-718
Earnings per share (TTM)	-C$0.03
52-week stock price range	C$1.36 – C$3.70

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

Compare trading platforms to buy coal stock

Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.

Related: Compare the best stock trading platforms in Canada

Bottom line

If you're considering adding coal stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of coal stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the energy industry to know when to buy, sell or hold. How to buy stocks in Canada

Frequently asked questions about coal stocks

• What are coal stocks?

  Coal stocks are shares of companies that either directly work in the coal sector or operate within related industries. Investors interested in buying coal stocks may be looking to take advantage of market trends or lock in investments for the long haul.

• What is the top coal stock to buy in 2026?

  Unfortunately, it's almost impossible to choose a single "top" coal stock to invest in due to factors like market fluctuations, company management and shifting economic trends. These can all change—sometimes overnight—how a stock performs. It's best to do your own research to decide which companies fit within your risk tolerance. Reviewing a company's financial reports and past stock performance can help you decide if it's worth investing in.

• Where can I find information and regular updates about the energy industry?

  You can keep track of the latest energy news and updates by signing up for financial newsletters, visiting financial news sites, reading company investor relations pages and using market research platforms. Many online brokerages also offer sector reports, stock screeners and alerts to help you track movements in your stock performance or updates in or related to the energy industry.

Check these other commodities and investment sectors

If you're thinking about diversifying your portfolio and investing in sectors beyond coal stocks, here are some others you can consider:

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