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What is Coal Sector Outlook: Prices & Dividends about?

- Coal prices rose in the past week, with the NEWC index hovering close to a three-month high of USD138/t due to strong demand from China and India. Dutch gas futures also rose about 20% from last month. - The report previews third quarter 2023 financial results for coal companies and expects margins to improve for some companies due to a new royalty pricing formula. ADRO and HRUM are expected to outperform consensus expectations. - Coal stocks offer high dividend yields and are seen as safe places to inv

Author

bagus.dpbri6741

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EN