5 Best Coal Stocks To Buy Now

2. China Shenhua Energy Company Limited (OTCMKTS:CSUAY)

Price to Earnings Ratio (P/E) of November 17th, 2022: 5.74

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) is a Chinese company that is headquartered in Beijing. The firm has some of the largest coal reserves in the world since its recoverable coal reserves sit at a whopping 14.15 billion tones.

China Shenhua Energy Company Limited (OTCMKTS:CSUAY) raked in 355 billion Yuan in revenue in 2021, as a recovery from the coronavirus pandemic drove the firm’s revenues to grow by 44% annually. This also translated into a 44% growth in its bottom line profits, which stood at 2.5 billion Yuan. During the same time period, China Shenhua Energy Company Limited (OTCMKTS:CSUAY) also sold an absolutely massive 310 billion tons of coal.

China Shenhua Energy Company Limited (OTCMKTS:CSUAY)’s P/E ratio is 5.74x.