BTU Stock Rises Following Trump’s Pro-Coal Executive Orders

In a bold bid to revive America’s flagging fossil fuels sector, President Donald Trump inked a sweeping set of executive orders this week to ramp up domestic coal mining and consumption. The policy reversal is touted as a cornerstone in powering the U.S.’s fast-growing network of data centers, which are becoming ever more hungry for stable, 24/7 power.

Coal stocks rallied immediately with the news, and Peabody Energy Corporation (NYSE: BTU) actually rebounded nicely. BTU surged over 7.5% in the most recent trading week, closing at $11.26. Following a couple of weeks of large declines, the stock posted a strong bullish candle on the weekly chart — and that may signal a mood shift.

Technical indicators also are bearish in tone. According to charts below, BTU remains well under its 20-week and 50-week exponential moving averages, which are at $16.35 and $19.79, respectively. However, the recent bounce indicates a potential bottom has been put in place after months of downside momentum.

Therefore, the Trump administration will be rolling back some of the environmental rules and granting coal operators new tax breaks. Trump stated at the signing ceremony, “This is about jobs, energy independence, and common sense.” As data centers are expanding at a breakneck pace and electricity demands are soaring by leaps and bounds, especially from AI and cloud computing operations, the coal industry is being touted as a steadfast energy pillar. Even as the transition is already drawing resistance from environmental groups, markets are apparently pricing in new optimism for coal’s near-term prospects — with Peabody Energy leading the pack.