Peabody today announced it has signed a contract to provide seven to eight million tons of coal per year to Associated Electric Cooperative Inc. for at least the next seven years. "This substantial agreement demonstrates the ongoing importance of Peabody's coal in providing reliable, affordable baseload electricity for years to come," said Peabody President and Chief Executive Officer Jim Grech. "American demand for [...]
Following an ignition event last week at Anglo American Plc's Moranbah North Mine, Peabody today announced that it is reviewing all options related to its acquisition of steelmaking coal assets from Anglo American. The company remains in conversation with Anglo American to better understand the impacts of the event. Peabody is preserving all rights and protections under its purchase agreements. Peabody is a leading coal [...]
Peabody announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on March 11, 2025 to stockholders of record on February 19, 2025. 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 [...]
Centurion Ships First Coal and Advances Towards Longwall Start in Q1 2026 Premium Hard Coking Coal Acquisition Poised to Reshape Peabody Peabody today reported fourth quarter net income attributable to common stockholders of $30.6 million, or $0.25 per diluted share, compared to $192.0 million, or $1.33 per diluted share, in the prior year quarter. Peabody had Adjusted EBITDA1 of $176.7 million in the fourth quarter of [...]
On Thursday, February 6, 2025, Peabody will announce results for the quarter and year ended December 31, 2024. A conference call with management is scheduled for 10 a.m. CT on Thursday, February 6, 2025. 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 [...]
Marks another major milestone in the redevelopment of the premium steelmaking coal mine Peabody today announced that it has successfully shipped the first product from its Centurion Mine in Queensland's Bowen Basin, marking another major milestone in the redevelopment of the premium hard coking coal mine. The inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia [...]
Transforms Peabody into a leading global seaborne metallurgical coal producer with Tier 1 mines1 near the world's strongest steel markets Transaction represents an attractive 3.1x times enterprise-value-to-2026 EBITDA multiple Delivers significant cash flow accretion to Peabody across all time periods Positions Peabody to capture substantial synergies and enhance margins Enables continuing capital allocation balance [...]
Partnership projects will have the capacity of more than 5.5 Gigawatt of solar energy and battery storage across Indiana and Illinois Creates significant local jobs and regional economic benefits and potential energy production to power 850,000 homes RWE is acquiring majority interest in the R3 Renewables LLC ownership group AUSTIN, Texas and ST. LOUIS, Nov. 21, 2024 /PRNewswire/ -- RWE, a leading renewable energy [...]
Completed $100 Million of Share Repurchases Centurion Development Making Exceptional Progress Peabody 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 [...]
Peabody 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 [...]
On Thursday, October 31, 2024, Peabody 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 [...]
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 Peabody 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 [...]
