Why These 15 Energy Stocks Are up the Most So Far in 2025

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8. NACCO Industries Inc (NYSE:NC)

Number of Hedge Fund Holders In Q4 2024: 5

NACCO Industries Inc (NYSE:NC) operates in the natural resources sector, with a focus on coal mining, aggregates, and environmental solutions, primarily through its subsidiaries in North America.

The stock is up significantly so far in 2025, with the most notable catalyst being regulatory developments favoring coal. In early April, the U.S. Department of Land released a draft environmental analysis for new leasing areas at North Dakota’s Freedom Mine, which is owned by NACCO. This expansion covers an additional 1,350 acres, estimated to contain 24 million tons of mineable coal, potentially extending the mine’s life to 2045.

Further supporting the rally, recent executive actions have directed federal agencies to prioritize coal leasing, which represents a significant policy shift and a boon for NACCO’s coal operations. Investors have also been anticipating the company’s first quarter 2025 earnings, scheduled for April 30.

NC stock is up 21.04% year-to-date.

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