ESG Is Dead For Now, Buy Arch Resources
Summary
- The ESG playbook has been thrown out of the window as the energy crisis has gone from bad to worse - causing countries to return to reliable coal.
- Unfortunately, supply is tight and unlikely to come back, pushing coal prices to astronomical highs.
- Attractively priced Arch Resources is in a terrific spot to benefit from these developments thanks to its export-focused, low-operating cost business.
Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.
As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.
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