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Four Firms Supply The Bulk Of Coal In The U.S.

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Hira Shahnawaz Akhtar
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The nature of coal production has altered the structure of this industry to achieve more consolidation and as a result, fewer companies have continued to dominate this sector. In the United States, the four largest players, including Peabody Energy Corporation (NYSE:BTU), Arch Coal Inc (NYSE:ACI), Alpha Natural Resources LLC and Cloud Peak Energy Inc. (NYSE:CLD), have controlled more than half of the coal supply in the country.

Figure 1: United States coal production share by top four coal companies

Coal
Source: Energy Information Administration (EIA)

The Energy Information Administration (EIA) reports that the four firms supplied a total of 575 million...

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.