In this article, we will list the 5 Best Coal Stocks to Invest In According to Hedge Funds. Please visit 10 Best Coal Stocks to Invest In According to Hedge Funds if you’d like to see an extended list and the methodology behind it.
5. BHP Group Limited (NYSE:BHP)
Number of Hedge Fund Holders: 31
Hedge funds held $1.8 billion worth of positions in the stock as of Q1 2026, placing BHP Group Limited (NYSE:BHP) among the best coal stocks to invest in.
BHP Group Limited (NYSE:BHP) added a concrete logistics milestone to its Jansen Potash Mine development on June 4, 2026, signing transportation agreements with both of Canada’s national rail carriers, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC).
Under the agreements, CN and CPKC will each operate unit trains between the Jansen mine in Saskatchewan and Westshore Terminals in Vancouver, from where potash will be exported to global markets. The dual-rail setup, enabled by the Jansen Access Spur connecting to both mainlines, is designed to strengthen supply chain reliability and give BHP flexibility in serving international customers.
The initial contract term runs approximately four years, covering Jansen Stage 1 production, with future arrangements intended to align with the next phase of the project.
Karina Gistelinck, BHP’s Asset President for Potash, said the agreements position BHP Group Limited (NYSE:BHP) to deliver Saskatchewan potash to global customers as Jansen approaches first production. Both CN and CPKC framed the deals as the start of longer-term relationships, with CPKC noting its existing position as a leading potash shipper in North America.
Meanwhile, a separate development on June 3, 2026, showed BHP Group Limited (NYSE:BHP) advancing on a different supply chain front.
BHP Group Limited (NYSE:BHP) partnered with the Global Center for Maritime Decarbonization on a pilot project that blended biofuel from used cooking oil and waste animal fat to refuel a BHP-chartered bulk carrier transporting iron ore from Western Australia to China. The blend, bunkered in Singapore in early May, consisted of equal parts tallow-derived biodiesel and used cooking oil.
BHP Group Limited (NYSE:BHP) and GCMD said that running on the blend can cut well-to-wake greenhouse gas emissions by approximately 79% per voyage compared to conventional marine fuel.
BHP Group Limited (NYSE:BHP) is a basic materials company that produces essential commodities the world needs, including iron ore, copper, steelmaking coal, and soon potash. It is also the world’s largest copper producer.
