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Peabody Energy Corporation

BTU

Latest Trade

3.05USD

Change

-0.35(-10.29%)

Volume

1,809,358

Today's Range

3.03

 - 

3.44

52 Week Range

2.27

 - 

16.75

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Peabody Reports Q2 Loss Per Share of $15.76 From Continuing Operations

Aug 5 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY REPORTS EARNINGS FOR QUARTER ENDED JUNE 30, 2020.Q2 LOSS PER SHARE $15.76 FROM CONTINUING OPERATIONS.Q2 REVENUE $626.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $697 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-1.28 -- REFINITIV IBES DATA.PEABODY ENERGY - SECULAR DECLINE AND REDUCTION IN LONG-TERM NATURAL GAS PRICE ASSUMPTIONS CONTRIBUTED TO $1.42 BILLION IMPAIRMENT CHARGE AT NARM IN QUARTER.CONTINUED UNCERTAINTY IN GLOBAL MARKETS REQUIRES CO TO FURTHER IMPROVE OPERATING PERFORMANCE.CONTINUING ITS SUSPENSION OF FULL-YEAR 2020 GUIDANCE TARGETS.QTRLY TONS SOLD 28.3 MILLION TONS VERSUS 39.4 MILLION TONS SOLD LAST YEAR.ENDED Q2 WITH $848.5 MILLION OF CASH AND CASH EQUIVALENTS ON HAND AND $926.1 MILLION OF AVAILABLE LIQUIDITY.UNDERTAKING A PROCESS TO EXPLORE AND EVALUATE VARIOUS STRATEGIC FINANCING ALTERNATIVES.2020 CAPITAL EXPENDITURES HAVE BEEN REDUCED TO $200 MILLION.PEABODY ENERGY - QTRLY DILUTED -NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 15.78.PEABODY ENERGY - MADE CHANGES TO CORPORATE STRUCTURE & DESIGNATED CERTAIN UNITS AS UNRESTRICTED UNITS UNDER SENIOR NOTES INDENTURE & CREDIT AGREEMENT.DURING QUARTER, PEABODY INCURRED $16.5 MILLION IN RESTRUCTURING CHARGES ASSOCIATED WITH HEADCOUNT REDUCTIONS.YEAR-TO-DATE THROUGH JUNE, GLOBAL STEEL PRODUCTION DECLINED 6 PERCENT COMPARED TO PRIOR YEAR.PENDING PRB/COLORADO JV WITH ARCH CONTINUES TO PROGRESS THROUGH COURT SYSTEM, WITH AN EXPECTED RULING BY END OF Q3 2020.

Peabody Announces Changes To Board Of Directors

July 16 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY ANNOUNCES CHANGES TO BOARD OF DIRECTORS.PEABODY ENERGY CORP - WILLIAM "BILL" CHAMPION HAS BEEN APPOINTED TO COMPANY'S BOARD OF DIRECTORS.PEABODY ENERGY CORP - TERESA MADDEN HAS RESIGNED FROM PEABODY BOARD.PEABODY ENERGY CORP - NICK CHIREKOS WILL BE REPLACING MADDEN AS CHAIR OF AUDIT COMMITTEE.PEABODY ENERGY CORP - BOARD CONSISTS OF ELEVEN DIRECTORS.

Peabody Reports Q1 Loss Per Share Of $1.31

April 29 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY REPORTS EARNINGS FOR QUARTER ENDED MARCH 31, 2020.Q1 REVENUE $846.2 MILLION VERSUS $1.25 BILLION.Q1 LOSS PER SHARE $1.31 FROM CONTINUING OPERATIONS.SUSPENDING 2020 GUIDANCE GIVEN GLOBAL ECONOMIC UNCERTAINTY.QTRLY LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $1.33.PEABODY ENERGY - QTRLY REVENUE REFLECT IMPACT OF LOWER VOLUMES, LARGELY DUE TO CLOSURE OF KAYENTA MINE, CHALLENGED U.S. INDUSTRY CONDITIONS, LOWER PRICING.PEABODY ENERGY - SOLD MINOR SURPLUS UNDEVELOPED AUSTRALIAN LAND TENEMENTS, CONTRIBUTING TO AN $8.1 MILLION GAIN ON DISPOSALS IN QUARTER.CASH, CASH EQUIVALENTS AT QUARTER END TOTALED $682.5 MILLION WITH TOTAL LIQUIDITY OF $1.19 BILLION.PEABODY ENERGY - EARLY ACTIONS FROM COMPREHENSIVE PROGRAM INCLUDE ELIMINATION OF ABOUT 250 POSITIONS IN APRIL IN PRB, INDIANA AND ILLINOIS.DURING Q1, MADE DECISION TO PAUSE DEBT REDUCTION ACTIVITIES IN LIGHT OF EVOLVING INDUSTRY CONDITIONS.IN APRIL, COMPANY BORROWED $300 MILLION UNDER ITS $565 MILLION REVOLVING CREDIT FACILITY.QTRLY TONS SOLD 35.6 MILLION TONS VERSUS 40.5 MILLION TONS.2020 CAPITAL EXPENDITURES HAVE BEEN REDUCED TO APPROXIMATELY $235 MILLION.DURING Q1, PEABODY TOOK ADDITIONAL ACTIONS, ELIMINATING APPROXIMATELY 105 GLOBAL CORPORATE AND SUPPORT POSITIONS.THERMAL DEMAND FROM NON-POWER SECTORS REMAINS WEAK.REDUCTION OF ABOUT 215 OPERATIONAL POSITIONS, INCLUDING CONTRACTORS, IN Q1 ACROSS EIGHT MINES IN U.S. AND AUSTRALIA.

Peabody Energy Corp Borrowed $300 Million

April 3 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY ENERGY CORP - ON APRIL 3, OUT OF AN ABUNDANCE OF CAUTION, CO BORROWED $300.0 MILLION.PEABODY ENERGY CORP - DOES NOT CURRENTLY EXPECT TO USE THE PROCEEDS FROM BORROWINGS FOR ANY LIQUIDITY NEEDS.PEABODY ENERGY CORP - AS OF DECEMBER 31, 2019, NO LOANS WERE OUTSTANDING UNDER THE REVOLVING FACILITY.

Peabody Energy Says CEO Glenn Kellow's FY 2019 Total Compensation Was $7.6 Mln

March 25 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY ENERGY CORP SAYS CEO GLENN KELLOW'S FY 2019 TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $7.3 MILLION IN FY 2018 - SEC FILING.PEABODY ENERGY CORP SAYS FOR 2019, CEO PAY RATIO WAS 67 TO 1.

Peabody And Arch Announce Intent To Continue Pursuit Of Highly Synergistic Joint Venture

Feb 26 (Reuters) - Arch Coal Inc <ARCH.N>::PEABODY AND ARCH ANNOUNCE INTENT TO CONTINUE PURSUIT OF HIGHLY SYNERGISTIC JOINT VENTURE TO CREATE VALUE FOR CUSTOMERS AND SHAREHOLDERS.PEABODY - ANNOUNCEMENT FOLLOWS SPLIT DECISION BY U.S. FTC THAT ADVANCES PROCESS TO LEGAL SYSTEM.PEABODY - PROPOSED JV PROMISES TO ENHANCE COST-COMPETITIVENESS OF THERMAL OPERATIONS.PEABODY - PEABODY & ARCH INTEND TO LITIGATE FTC'S DECISION WITHIN U.S. FEDERAL COURT SYSTEM OVER COMING MONTHS.PEABODY - OWNERSHIP OF JV WOULD BE STRUCTURED WITH PEABODY OWNING 66.5 PERCENT AND ARCH OWNING 33.5 PERCENT.PEABODY - IF CONSUMMATED, JV IS EXPECTED TO REALIZE ANNUAL SYNERGIES OF $120 MILLION OVER AN INITIAL 10-YEAR PERIOD.PEABODY - TRANSACTION INCLUDES SEVEN OF COMPANIES' MINES.PEABODY - ADDITIONAL ASSETS IN DEAL INCLUDE CABALLO, RAWHIDE AND COAL CREEK MINES IN WYOMING ALONG WITH WEST ELK AND TWENTYMILE MINES IN COLORADO.

Peabody And Elliott Management Enter Into Agreement

Feb 5 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY AND ELLIOTT MANAGEMENT ENTER INTO AGREEMENT; NEW MEMBERS TO BE APPOINTED TO BOARD OF DIRECTORS.PEABODY ENERGY CORP - ELLIOTT HAS AGREED TO CERTAIN CUSTOMARY STANDSTILL, VOTING AND OTHER PROVISIONS.PEABODY ENERGY CORP - WILL APPOINT ELLIOTT MANAGEMENT EQUITY PARTNER, ELLIOTT MANAGEMENT PORTFOLIO MANAGER , DARREN YEATES TO BOARD.PEABODY ENERGY - CO & ELLIOTT ALSO AGREED TO ADD A FOURTH INDEPENDENT DIRECTOR TO BE JOINTLY IDENTIFIED BY CO AND ELLIOTT.PEABODY ENERGY CORP - WILL NOMINATE EACH OF NEW DIRECTORS FOR A FULL ONE-YEAR TERM AT UPCOMING ANNUAL SHAREHOLDERS MEETING.

Peabody Energy Reports Qtrly Loss Per Share From Continuing Ops Of $3.12

Feb 5 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY REPORTS EARNINGS FOR QUARTER AND YEAR ENDED DECEMBER 31, 2019.Q4 REVENUE $1.12 BILLION VERSUS $1.4 BILLION.SUSPENDING DIVIDENDS IN LIGHT OF INDUSTRY CONDITIONS.LOWERING CAPITAL EXPENDITURES.COMMENCING COMMERCIAL PROCESS FOR NORTH GOONYELLA MINE IN TANDEM WITH ONGOING MINE DEVELOPMENT PLAN.EMPHASIZING DEBT REDUCTION.QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $3.12.2020 SEABORNE METALLURGICAL VOLUMES ARE EXPECTED TO BE APPROXIMATELY 8.3 MILLION TONS.QTRLY NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $2.98.NOW TARGETING TOTAL 2020 CAPITAL EXPENDITURES OF ABOUT $250 MILLION.PEABODY ENERGY - COMMERCIAL OUTCOMES FOR NORTH GOONYELLA MINE COULD INCLUDE STRATEGIC FINANCIAL PARTNER, JV STRUCTURE/ COMPLETE SALE OF NORTH GOONYELLA.QUARTER-END TOTAL TONS SOLD 40.8 MILLION TONS VERSUS 46.2 MILLION TONS.PEABODY ENERGY - ANTICIPATES DECISION FROM U.S. FEDERAL TRADE COMMISSION ON FORMATION OF HIGHLY SYNERGISTIC PROPOSED PRB/COLORADO JOINT VENTURE IN Q1.PEABODY ENERGY - WILL CONSOLIDATE FORMER MIDWESTERN AND WESTERN SEGMENTS INTO 'OTHER U.S. THERMAL' FOR PURPOSES OF SEGMENT REPORTING IN 2020 & BEYOND.PEABODY ENERGY - FOR 2020, CO IS GUIDING TOWARD INCREASED MET COAL VOLUMES & REDUCED MET COSTS, LOWER SG&A & LOWER NORTH GOONYELLA HOLDING COSTS.PEABODY ENERGY - MACRO INDUSTRY CONDITIONS & TRADE AND IMPORT POLICY UNCERTAINTIES, SUGGEST CHALLENGING BACKDROP TO START THE YEAR.

Peabody Names Mark Spurbeck As Interim CFO

Jan 8 (Reuters) - Peabody Energy Corp <BTU.N>::PEABODY NAMES MARK SPURBECK AS INTERIM CHIEF FINANCIAL OFFICER.PEABODY ENERGY CORP - SCHWETZ WILL CONTINUE WITH PEABODY IN COMING WEEKS TO ENSURE A SMOOTH TRANSITION.PEABODY ENERGY - MARK SPURBECK REPLACING AMY SCHWETZ, WHO WILL BE TAKING CFO POSITION AT A LEADING NYSE-LISTED INDUSTRIAL COMPANY.

Peabody Reports Earnings For Quarter Ended September 30, 2019

Peabody Energy Corp <BTU.N>::PEABODY REPORTS EARNINGS FOR QUARTER ENDED SEPTEMBER 30, 2019.Q3 REVENUE $1.11 BILLION VERSUS $1.41 BILLION.Q3 LOSS PER SHARE $0.77 FROM CONTINUING OPERATIONS.Q3 RESULTS REFLECT PREVIOUSLY ANNOUNCED EFFECTS OF PRICING, SHIPMENTS AND MIDDLEMOUNT PERFORMANCE.QTRLY LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS $0.81.QTRLY TONS SOLD 44.8 MILLION TONS VERSUS 49.1 MILLION TONS.PEABODY ENERGY - EXPECTS Q4 ADJUSTED EBITDA TO BE LOWER THAN Q3, PRIMARILY AS A RESULT OF CLOSURE OF KAYENTA MINE.PEABODY ENERGY - INTENDS TO TAKE ABOUT $60 MILLION IMPAIRMENT CHARGE PRIMARILY RELATED TO NORTH GOONYELLA MINE PANEL DEVELOPMENT NOW NOT EXPECTED TO BE ACCESSED.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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