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Burning Coal

Energy insiders keep accumulating

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

πŸ“Œ Alpha Metallurgical Resources $AMR β€” Kenneth S. Courtis disclosed a $6.31 Million Form 4.
 
A major insider buy in one of the strongest coal names of the last cycle. 

Size matters here. This is meaningful conviction in a group already exhibiting structural leadership.

πŸ“Œ NextDecade $NEXT β€” Hanwha Aerospace filed a $5,742,414 Form 4.
 
Another large incremental purchase from the Korean giant in a strategic partner. 

Here’s The Hot Corner, with data from December 10, 2025:

πŸ“Œ Mach Natural Resources $MNR β€” William Wallace McMullen disclosed a $372,225 Form 4.

Yet another insider buy in the recent E&P issue as the broader complex continues to improve. 

πŸ“Œ Belite Bio $BLTE β€” Darwin Global Management filed a new 13G at 7.00%.
 
Fresh institutional interest in a biotech stock pressing new all-time highs. 

πŸ“Œ Netflix $NFLX β€” Rep. Cleo Fields disclosed $200,000 to $500,000 in new purchases.

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