Mother Lode? A Coal Rebound Play

Demand for oil will eventually rebound, say analysts — driving up global coal demand in turn.

Geoff Beeston, investment advisor at Lonsec, offered CNBC an investment pick in the coal space: Australia's New Hope Corp., a producer of thermal coal.

"I like them for their very strong balance sheet," Beeston said. He explained that New Hope has "just completed" a huge asset sale sale to colossal BHP Biliton in July.

Further, the strategist says New Hope enjoys "good access to infrastructure," including nearby rail lines and "control" of a major port in Brisbane.

More Coal Producers:

Arch Coal

Peabody Energy

Massey Energy


Disclosure information was not available for Beeston or for his company.