11 Best Coal Mining Stocks to Buy Right Now

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4. Alliance Resource Partners L.P. (NASDAQ:ARLP)

Alliance Resource Partners L.P. (NASDAQ:ARLP) is one of the best coal mining stocks to buy right now. On February 2, Chief Executive Officer Joseph W. Craft reiterated that Alliance Resource Partners L.P. (NASDAQ:ARLP) had a record year of clean tons and yield at coal operations in the Illinois Basin. In addition, the company achieved record oil and gas royalty volumes that led to impressive fourth-quarter and full-year 2025 results.

Fourth quarter net income was up 406.2% to $82.7 million as adjusted EBITDA increased 54.1% to $191.1 million. The robust earnings growth was driven by record oil and gas royalty volumes, up 7.2% and 20.2%, respectively. On the other hand, coal production volumes increased by 18.7% to 8.2 million tons. However, revenue in the quarter was down 9.2% to $535.5 million.

Full-year revenue was also down 10.4% to $2.19 billion due to lower coal sales pricing and transportation revenues. Net income also dropped to $311.2 million, or $2.40 per basic and diluted limited partner unit, compared to $360.9 million or $2.77 per basic share delivered in 2024. Alliance Resource is poised for higher oil and gas royalty volumes in 2026, near record levels recorded in 2025. The company expects coal volumes to average between 33.75 million tons and 35.25 million tons in 2026.

“With tightening domestic coal supply, robust contracting activity, and growing electricity demand, our longer-term outlook continues to be promising. Supported by our logistical advantages, cost structure, and strong balance sheet, we believe Alliance will continue to demonstrate its ability to serve as a reliable supply partner and is preparing to meet increased customer demand,” Craft said.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) is a diversified energy company and the second-largest coal producer in the eastern United States, operating underground mining complexes in the Illinois Basin and Appalachia regions. They produce and market thermal and metallurgical coal for domestic/international utility and industrial customers.

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