The entire coal market has been beaten down over the last year due to punishingly low natural gas prices in the domestic market. While the overall market dynamics might have lead investors to shy away from coal producers, there are certainly several reasons why Peabody Energy (NYSE:BTU) could be a positive investment choice:
- The rapidly growing export market for coal
- Its high-margin Australian operation's proximity to China and India
- Its market-leading position in the best basins in the U.S.
For more detail on these three key points, check out Motley Fool energy and materials analyst Taylor Muckerman's video: