Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, China, India, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining segments. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; mining bituminous and sub-bituminous coal deposits; and mining metallurgical coal, such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal. The company supplies coal primarily to electricity generators, industrial facilities, and steel manufacturers. As of December 31, 2020, it owned interests in 17 coal mining operations located in the United States and Australia; and had approximately 3.0 billion tons of proven and probable coal reserves and approximately 450,000 acres of surface property through ownership and lease agreements. The company also engages in direct and brokered trading of coal and freight-related contracts, as well as provides transportation-related services, which involve financial derivative contracts and physical contracts. Peabody Energy Corporation was founded in 1883 and is headquartered in St. Louis, Missouri.
IPO Year: 2017
Exchange: NYSE
Website: peabodyenergy.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/7/2022 | $25.00 → $36.00 | Hold → Buy | Jefferies |
| 3/9/2022 | $18.00 → $25.00 | Hold | Jefferies |
| 10/29/2021 | $16.00 | Hold → Buy | Benchmark |
| 10/29/2021 | $16.00 | Hold → Buy | The Benchmark Company |
| 10/4/2021 | $15.00 → $22.00 | Neutral → Buy | B. Riley Securities |
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4 - PEABODY ENERGY CORP (0001064728) (Issuer)
4 - PEABODY ENERGY CORP (0001064728) (Issuer)
4 - PEABODY ENERGY CORP (0001064728) (Issuer)
4 - PEABODY ENERGY CORP (0001064728) (Issuer)
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The market for coal used to make steel is in the summer doldrums, but supply outages in Australia and the United States are providing underlying tightness that could cause prices to spike in the late summer and fall once Asian steelmakers start restocking. Mine fires in Australia and West Virginia and a lock and dam closure in Alabama are causing latent tightness that won't become visible until India and China come back to the market between August and October. Once they do, prices are likely to move higher but remain capped below record highs by a sluggish global economy. "The supply side looks very supportive of met coal prices," John Berman, chief investment officer with natural re
B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:BTU) with a Buy and lowers the price target from $32 to $31.
Benchmark analyst Nathan Martin reiterates Peabody Energy (NYSE:BTU) with a Buy and maintains $28 price target.
BMO Capital analyst David Gagliano maintains Peabody Energy (NYSE:BTU) with a Market Perform and lowers the price target from $25 to $24.
Peabody Energy (NYSE:BTU) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.31 by 6.45 percent. This is a 82.74 percent decrease over earnings of $1.68 per share from the same period last year. The company reported quarterly sales of $983.60 million which missed the analyst consensus estimate of $991.07 million by 0.75 percent. This is a 27.89 percent decrease over sales of $1.36 billion the same period last year.
B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:BTU) with a Buy and lowers the price target from $34 to $32.
Benchmark analyst Nathan Martin reiterates Peabody Energy (NYSE:BTU) with a Buy and maintains $28 price target.
Jefferies upgraded Peabody Energy from Hold to Buy and set a new price target of $36.00 from $25.00 previously
Jefferies reiterated coverage of Peabody Energy with a rating of Hold and set a new price target of $25.00 from $18.00 previously
Benchmark upgraded Peabody Energy from Hold to Buy and set a new price target of $16.00
The Benchmark Company upgraded Peabody Energy from Hold to Buy and set a new price target of $16.00
B. Riley Securities upgraded Peabody Energy from Neutral to Buy and set a new price target of $22.00 from $15.00 previously
B. Riley reiterated coverage of Peabody Energy with a rating of Neutral and set a new price target of $3.50 from $1.45 previously
Partnership projects will have the capacity of more than 5.5 Gigawatt of solar energy and battery storage across Indiana and IllinoisCreates significant local jobs and regional economic benefits and potential energy production to power 850,000 homesRWE is acquiring majority interest in the R3 Renewables LLC ownership groupAUSTIN, Texas and ST. LOUIS, Nov. 21, 2024 /PRNewswire/ -- RWE, a leading renewable energy company, and Peabody (NYSE:BTU) today announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining. This innovative global partnership brings together RWE's expertise in developing and operating clean energy pr
PORTLAND, Ore., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ:RDUS) today announced the appointment of Marc Hathhorn as Executive Vice President and Chief Operating Officer, effective November 1, 2024. Hathhorn joins Radius from Peabody Energy Corporation (NYSE:BTU) and brings more than 30 years of leadership experience in the mining industry. Most recently, Hathhorn held the position of President--Global Operations at Peabody Energy Corporation (NYSE:BTU), overseeing 5,000 employees and 17 coal mines across the U.S. and Australia. Under Hathhorn's leadership, Peabody achieved multiple safety performance awards, exceeded environmental management and compliance goals, an
Completed $100 Million of Share Repurchases Centurion Development Making Exceptional Progress ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today reported net income attributable to common stockholders of $101.3 million, or $0.74 per diluted share, for the third quarter of 2024, compared to $119.9 million, or $0.82 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $224.8 million in the third quarter of 2024. "In the third quarter, we delivered strong operational and safety performance across all segments and completed $100 million of share repurchases," said Peabody President and Chief Executive Officer Jim Grech. "We continue to execute on our strat
ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on December 4, 2024 to stockholders of record on November 14, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Contact:Karla [email protected] Forward-Looking Statements This press release contains forward-looking statements within the meaning of the securities laws.
ST. LOUIS, Oct. 17, 2024 /PRNewswire/ -- On Thursday, October 31, 2024, Peabody (NYSE:BTU) will announce results for the quarter ended September 30, 2024. A conference call with management is scheduled for 10 a.m. CT on Thursday, October 31, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S. Toll Free 1 833 816 1387Canada Toll Free 1 855 669 9657International Toll 1 412 317 0480 Peabody (NYSE:BTU) is a leading coal producer, providing essential products for
Integrated Mine Plan Complete with Estimated Net Present Value of $1.6 billion Average Annual Production of 4.7 Million Tons at First Quartile Cost and Mine Life of 25+ years ST. LOUIS, Oct. 11, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today provided an investor presentation on project development and the related integrated mine plan at Centurion, the Company's premium low volatile hard coking coal project located in Australia's Bowen Basin. The Company will hold a conference call on Monday, October 14, 2024, at 3:00 p.m. CST to share a comprehensive update on Peabody's development of Centurion. To watch the event live or access a replay, please visit www.peabodyenergy.com. Centurion is quick
ST. LOUIS, Oct. 8, 2024 /PRNewswire/ -- On Monday, October 14, 2024, Peabody (NYSE:BTU) will host a presentation providing enhanced detail about the development of Centurion, the Company's premium hard coking coal cornerstone asset located in Australia's Bowen Basin. A conference call with management is scheduled for 3 p.m. CT on Monday, October 14, 2024. Following the formal presentation, time will be set aside for questions. Instructions for the conference call participation and accessing a replay, as well as other investor data, will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S./North America Toll Free 1
Announced $100 Million for Additional Share Repurchases Achieved First Development Coal at Centurion ST. LOUIS, Aug. 1, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today reported net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, for the second quarter of 2024, compared to $179.2 million, or $1.15 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $309.7 million in the second quarter of 2024, which included $80.8 million from an insurance settlement compared to $358.2 million in the prior year quarter. "Our operations performed safely, while achieving results in-line with expectations across all four segments. With a strong o
ST. LOUIS, Aug. 1, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on September 4, 2024 to stockholders of record on August 15, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Contact:Karla Kimrey314.342.7890 Forward-Looking Statements This press release contains forward-looking statements within the meaning of the securities laws. Forward-lo
ST. LOUIS, July 16, 2024 /PRNewswire/ -- On Thursday, August 1, 2024, Peabody (NYSE:BTU) will announce results for the quarter ended June 30, 2024. A conference call with management is scheduled for 10 a.m. CT on Thursday, August 1, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S. Toll Free 1 833 816 1387Canada Toll Free 1 866 284 3684International Toll 1 412 317 0480 Peabody (NYSE:BTU) is a leading coal producer, providing essential products for the prod
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PORTLAND, Ore., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ:RDUS) today announced the appointment of Marc Hathhorn as Executive Vice President and Chief Operating Officer, effective November 1, 2024. Hathhorn joins Radius from Peabody Energy Corporation (NYSE:BTU) and brings more than 30 years of leadership experience in the mining industry. Most recently, Hathhorn held the position of President--Global Operations at Peabody Energy Corporation (NYSE:BTU), overseeing 5,000 employees and 17 coal mines across the U.S. and Australia. Under Hathhorn's leadership, Peabody achieved multiple safety performance awards, exceeded environmental management and compliance goals, an
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- e.l.f. Beauty Inc. (NYSE:ELF) will replace Spirit Realty Capital Inc. (NYSE:SRC) in the S&P MidCap 400, and Peabody Energy Corp. (NYSE:BTU) will replace e.l.f. Beauty in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 23. S&P 500 constituent Realty Income Corp. (NYSE:O) is acquiring Spirit Realty Capital in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector January 23, 2024 S&P MidCap 400 Addition e.l.
Enterprise Financial Services Corp (NASDAQ:EFSC) today announced the appointment of Lyne B. Andrich, Marcela Manjarrez and Lina A. Young as directors of Enterprise Financial Services Corp (the "Company") and its wholly owned subsidiary, Enterprise Bank & Trust, effective immediately. "We are very fortunate to have identified and recruited three highly qualified and talented individuals who bring new skills and experiences to our Boards and committees," said John S. Eulich, Chairman of the Company's Board. "Each of these individuals are accomplished leaders whose diverse viewpoints and expertise will create value for our organization and our shareholders. We look forward to their contributi
ST. LOUIS, May 3, 2021 /PRNewswire/ -- Following an extensive search process, Peabody's Board of Directors today announced the appointment of James (Jim) Grech to the position of President and Chief Executive Officer effective June 1, 2021. "On behalf of the full board, I'd like to welcome Jim to Peabody. Jim's extensive operational, commercial and financial experience in mining, utilities and other fuel sources will be instrumental to Peabody's success moving forward," said Bob Malone, Chairman of the Board. "I'd also like to thank Glenn for his dedicated service during a very difficult time for the company and for his commitment to facilitate an orderly transition." Jim has over 30 year
WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced the appointment of Dr. Heather Wilson to serve on the Company’s Board of Directors. Dr. Wilson will serve as a Director for a term expiring at the Company’s 2021 Annual Meeting of Stockholders when she will stand for election by the stockholders. Dr. Wilson, age 60, has served as President of The University of Texas at El Paso since 2019. Previously, she was the Secretary of the United States Air Force from May 2017 through May 2019. From 1998 to 2009, Dr. Wilson represented Albuquerque, New Mexico in the U
ST. LOUIS, Jan. 15, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced that as of 5:00 p.m., New York City time, on January 15, 2021 (the "Extended Early Tender Date"), at least $397.5 million in aggregate principal amount of its outstanding 6.000% Senior Secured Notes due 2022 (the "Existing Notes"), representing approximately 86.6% of the total outstanding principal amount of Existing Notes, had been validly tendered and not validly withdrawn in connection with Peabody's previously announced offer to exchange (the "Exchange Offer") any and all of its Existing Notes for (i) new 10.000% Senior Secured Notes due December 31, 2024 (the "New Co-Issuer Notes") to be co-issued by PIC AU
ST. LOUIS, Jan. 8, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced that as of 5:00 p.m., New York City time, on January 8, 2021 (the "Original Early Tender Date"), at least $391.2 million in aggregate principal amount of its outstanding 6.000% Senior Secured Notes due 2022 (the "Existing Notes"), representing approximately 85% of the total outstanding principal amount of Existing Notes, had been validly tendered and not validly withdrawn in connection with Peabody's previously announced offer to exchange (the "Exchange Offer") any and all of its Existing Notes for (i) new 10.000% Senior Secured Notes due December 31, 2024 (the "New Co-Issuer Notes") to be co-issued by PIC AU Hol
Completed $100 Million of Share Repurchases Centurion Development Making Exceptional Progress ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today reported net income attributable to common stockholders of $101.3 million, or $0.74 per diluted share, for the third quarter of 2024, compared to $119.9 million, or $0.82 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $224.8 million in the third quarter of 2024. "In the third quarter, we delivered strong operational and safety performance across all segments and completed $100 million of share repurchases," said Peabody President and Chief Executive Officer Jim Grech. "We continue to execute on our strat
ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on December 4, 2024 to stockholders of record on November 14, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Contact:Karla [email protected] Forward-Looking Statements This press release contains forward-looking statements within the meaning of the securities laws.
ST. LOUIS, Oct. 17, 2024 /PRNewswire/ -- On Thursday, October 31, 2024, Peabody (NYSE:BTU) will announce results for the quarter ended September 30, 2024. A conference call with management is scheduled for 10 a.m. CT on Thursday, October 31, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S. Toll Free 1 833 816 1387Canada Toll Free 1 855 669 9657International Toll 1 412 317 0480 Peabody (NYSE:BTU) is a leading coal producer, providing essential products for
Integrated Mine Plan Complete with Estimated Net Present Value of $1.6 billion Average Annual Production of 4.7 Million Tons at First Quartile Cost and Mine Life of 25+ years ST. LOUIS, Oct. 11, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today provided an investor presentation on project development and the related integrated mine plan at Centurion, the Company's premium low volatile hard coking coal project located in Australia's Bowen Basin. The Company will hold a conference call on Monday, October 14, 2024, at 3:00 p.m. CST to share a comprehensive update on Peabody's development of Centurion. To watch the event live or access a replay, please visit www.peabodyenergy.com. Centurion is quick
ST. LOUIS, Oct. 8, 2024 /PRNewswire/ -- On Monday, October 14, 2024, Peabody (NYSE:BTU) will host a presentation providing enhanced detail about the development of Centurion, the Company's premium hard coking coal cornerstone asset located in Australia's Bowen Basin. A conference call with management is scheduled for 3 p.m. CT on Monday, October 14, 2024. Following the formal presentation, time will be set aside for questions. Instructions for the conference call participation and accessing a replay, as well as other investor data, will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S./North America Toll Free 1
Announced $100 Million for Additional Share Repurchases Achieved First Development Coal at Centurion ST. LOUIS, Aug. 1, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today reported net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, for the second quarter of 2024, compared to $179.2 million, or $1.15 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $309.7 million in the second quarter of 2024, which included $80.8 million from an insurance settlement compared to $358.2 million in the prior year quarter. "Our operations performed safely, while achieving results in-line with expectations across all four segments. With a strong o
ST. LOUIS, Aug. 1, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on September 4, 2024 to stockholders of record on August 15, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Contact:Karla Kimrey314.342.7890 Forward-Looking Statements This press release contains forward-looking statements within the meaning of the securities laws. Forward-lo
ST. LOUIS, July 16, 2024 /PRNewswire/ -- On Thursday, August 1, 2024, Peabody (NYSE:BTU) will announce results for the quarter ended June 30, 2024. A conference call with management is scheduled for 10 a.m. CT on Thursday, August 1, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S. Toll Free 1 833 816 1387Canada Toll Free 1 866 284 3684International Toll 1 412 317 0480 Peabody (NYSE:BTU) is a leading coal producer, providing essential products for the prod
Repurchased $80.4 million of Shares in the Quarter Completed Strategic Wards Well Acquisition at Centurion ST. LOUIS, May 2, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) today reported net income attributable to common stockholders of $39.6 million, or $0.29 per diluted share, for the first quarter of 2024, compared to $268.5 million, or $1.68 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $160.5 million in the first quarter of 2024 compared to $390.6 million in the prior year quarter. "We are reaffirming our full year guidance as the previously announced production challenges in the first quarter are behind us," said Peabody President and Chief Executive Officer Ji
ST. LOUIS, May 2, 2024 /PRNewswire/ -- Peabody (NYSE:BTU) announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on June 5, 2024 to stockholders of record on May 16, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Contact:Karla Kimrey314.342.7890 Forward-Looking Statements