NACCO Industries (NC)

• Market cap: $207M
• 1 day: -1.87%
• 5 days: -7.93%
• 1 month: -5.85%
• 3 months: 6.35%
• 6 months: -5.06%
• Year to date: -22.80%
• 1 year: -23.32%
• 5 years: -40.60%
• 10 years: -50.32%
• Sector: Energy
• Industry: Bituminous Coal & Lignite Surface Mining

About: NACCO Industries Inc is a holding company that operates in the mining and natural resource industries. It has three operating segments that are coal mining, North American mining (NA mining), and minerals management. The majority of its revenue is from the coal mining segment. This segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The NA mining segment provides value-add contract mining and services for producers. Minerals management generates income from royalty-based leases by acquiring and promoting oil, gas, and coal mineral interests. The company is diversifying beyond coal mining due to political and economic pressures associated with carbon emissions.

Employees: 1,700

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 12

4% less capital invested

Capital invested by funds: $60.6M [Q2] → $58.2M (-$2.39M) [Q3]

1.72% less ownership

Funds ownership: 37.16% [Q2] → 35.44% (-1.72%) [Q3]

9% less funds holding

Funds holding: 67 [Q2] → 61 (-6) [Q3]

55% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 11