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Benzinga
Benzinga
Business
Josh Enomoto

Options Corner: Peabody Energy Could Ride A Red Wave Back To Relevance

Green Bullish Chart

All other things being equal, coal represents a viable energy source, which theoretically should make Peabody Energy Corp (NYSE:BTU) a compelling investment. Of course, not all things are equal. For BTU stock, one of the core headwinds is the underlying industry's emissions, a matter that clashes with ongoing movements to pivot toward clean and renewable solutions. But that's also why President Donald Trump has been a godsend for BTU stock.

Earlier this year in April, Trump unveiled sweeping plans to revive U.S. coal production, representing a paradigm shift from the environmentally forward agendas of the Biden and Obama administrations. Under the initiative, federal agencies have been directed to fast-track mining permits, slash environmental regulations and expand coal leases on federal lands.

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