Best Thermal Coal Stocks for 2026

Thermal coal miners face energy-transition demand pressure in developed markets even as Asian import demand continues, so low multiples carry a Health-pillar check.

Thermal Coal producers earn revenue on production volume at realised prices net of mining costs, with structural demand pressure from the energy transition in developed markets and continuing import demand from Asia. Composite scoring uses the Valuation pillar (low headline multiples) with the Health pillar gating names heading into a trough overleveraged.

Data as of (updated daily)

Top 20 Thermal Coal stocks by composite score

#TickerNameComposite
1002128.SHEHuolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia76.0
21229.HKNan Nan Resources Enterprise Ltd72.0
3DWGL.JKDwi Guna Laksana Tbk PT68.0
4MYOH.JKSamindo Resources Tbk66.5
5PTBA.JKBukit Asam Tbk PT66.4
6601001.SHGJinneng Holding Shanxi Coal Industry Co Ltd65.9
7MCOL.JKPrima Andalan Mandiri Tbk PT64.7
8ITMG.JKIndo Tambangraya Megah Tbk63.8
9CNKO.JKExploitasi Energi Indonesia63.7
10YAL.AUYancoal Australia Ltd63.7
11603071.SHGZJMI Environmental Energy Co. Ltd.63.6
12BSSR.JKBaramulti Suksessarana Tbk63.1
13601898.SHGChina Coal Energy Co Ltd63.1
14LANNA.BKLanna Resources Public Company Limited63.0
151303.HKHuili Resources Group Ltd62.5
16601101.SHGBeijing Haohua Energy Resource Co Ltd62.3
17000983.SHEShanxi Xishan Coal and Electricity Power Co Ltd62.2
181733.HKE -Commodities Holdings Ltd61.9
19600546.SHGShanxi Coal International Energy Group Co Ltd61.0
20AADI.JKAdaro Andalan Indonesia Tbk60.9

Want to drill into Thermal Coal stocks?

The full screener applies the Thermal Coal industry filter and lets you stack 30+ more filters on top: market cap, country, dividend yield, and the four pillar scores.

Open in screener →

Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score; use the screener for the full ranked list.

Frequently asked questions about Thermal Coal stocks