Peabody 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 [...]
Peabody today announced the completion of the previously announced Wards Well acquisition. In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit immediately adjacent to the company's Centurion Mine Complex, for cash consideration of $136 million and a contingent royalty of up to $200 million payable [...]
Peabody today announced preliminary unaudited financial results for the first quarter of 2024. The company expects to report first quarter revenue of $980 million; income from continuing operations, net of income taxes of $45 million; and Adjusted EBITDA1 of $160 million. These amounts are estimates, actual first quarter 2024 financial results will [...]
Peabody today filed its Proxy Statement for its 2024 Annual Meeting of Stockholders to be held on May 9, 2024, which disclosed that current members of Peabody's Board of Directors Samantha B. Algaze and David J. Miller have determined that they will not stand for re-election. Algaze and Miller joined the board in 2020 as part of an agreement with [...]
Repurchased Over 11 Percent of Shares Outstanding in 2023 Commenced New Longwall Production at Shoal Creek Ahead of Schedule Peabody today reported fourth quarter net income attributable to common stockholders of $192.0 million, or $1.33 per diluted share, compared to $632.0 million, or $3.92 per diluted share, in the prior year quarter. Peabody [...]
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 13, 2024 to stockholders of record on February 22, 2024. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to [...]
Peabody today announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company's outstanding Convertible Senior Notes due March 1, 2028. Revolving loans under the facility bear interest at a rate of SOFR plus an applicable margin ranging from 3.50 [...]
On Thursday, February 8, 2024, Peabody will announce results for the quarter and year ended December 31, 2023. A conference call with management is scheduled for 10 a.m. CT on Thursday, February 8, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com [...]
Peabody today announced that the North Goonyella Mine will now be known as the Centurion Mine. In October, the Company reached an agreement to acquire a large portion of the Wards Well coal deposit adjacent to the existing North Goonyella Mine. The new name reflects the pending addition of the acquired resources, creating a premier, tier one [...]
Re-entered Zone B at North Goonyella and Reached Agreement to Acquire Adjacent Coal Deposit Initiated Longwall Installation at Shoal Creek Peabody today reported net income attributable to common stockholders of $119.9 million, or $0.82 per diluted share, for the third quarter of 2023, compared to $179.2 million, or $1.15 per diluted share in the [...]
Peabody announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on November 29, 2023 to stockholders of record on November 9, 2023. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to [...]
Peabody today announced that Dr. M. Katherine Banks has been appointed as a member of the company's Board of Directors. Dr. Banks is the former president of Texas A&M University. With this addition, Peabody's Board has ten members. "We welcome Dr. Banks to the Board of Directors. Her impressive background in engineering and long record of academic [...]
