Australian and U.S. mining contributions rise; Australian thermal segment achieves record results; Forward cash profile improves from substantial U.S. NOL position and lower interest expense due to voluntary debt reduction; Operating results and improving cash profile drive accelerated deleveraging and share buyback authorization. ST. LOUIS, Aug [...]
Permits resale of certain common and preferred securities that were restricted at emergence Peabody will not receive any proceeds and no new securities are being offered ST. LOUIS, July 17, 2017 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that its Form S-1 resale registration statement relating to the potential resale of shares of common [...]
ST. LOUIS, July 12, 2017 /PRNewswire/ -- On Tuesday, Aug. 1, 2017, Peabody (NYSE: BTU) will announce results for the quarter ended June 30, 2017. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, Aug. 1. Participants may access the call using the following phone numbers: U.S. & Canada (800) 288-8976 International [...]
ST. LOUIS, May 4, 2017 /PRNewswire/ -- Revenue, income from continuing operations net of income taxes, net income, and Adjusted EBITDAR1 all rise substantially on higher PRB shipments and increased Australian thermal and metallurgical coal pricing; net income reaches highest level in nearly five years; 2017 targets revised to reflect higher met [...]
ST. LOUIS, April 20, 2017 /PRNewswire/ -- On Thursday, May 4, 2017, Peabody (NYSE: BTU) will announce the results for the quarter ended March 31, 2017. A conference call with management is scheduled for 10 a.m. CDT on Thursday, May 4. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 [...]
ST. LOUIS, April 17, 2017 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that it will retain the Metropolitan metallurgical coal mine and its associated 16.67 percent interest in Port Kembla Coal Terminal in the company's portfolio, after proposed purchaser South32 terminated the purchase contract after it was unable to obtain clearance from [...]
ST. LOUIS, April 6, 2017 /PRNewswire/ -- Peabody today presented findings from a third-party study demonstrating that the Navajo Generating Station (NGS) can continue to be competitive with natural gas and other coal-fueled power plants through 2040. The conclusions counter suggestions that natural gas would render the plant uncompetitive and are [...]
ST. LOUIS, April 3, 2017 /PRNewswire/ -- Peabody announced today that it has emerged from Chapter 11 protection with a transformed capital structure, including new equity that is expected to begin trading tomorrow on the New York Stock Exchange under the ticker symbol BTU. "We believe that 'The New BTU' is well positioned to create substantial [...]
ST. LOUIS, April 3, 2017 /PRNewswire/ -- Peabody Energy provided an update on effects of Cyclone Debbie in Australia on the logistics chain related to the company's metallurgical coal mines in Queensland, following the announcement earlier today by the third-party rail provider serving the region. While Peabody's mines have recommenced operations [...]
ST. LOUIS, March 30, 2017 /PRNewswire/ -- Peabody Energy today announced Holly Krutka, Ph.D, has been named Vice President of Coal Generation and Emissions Technologies, reporting to Charles Meintjes, Executive Vice President – Corporate Services and Chief Commercial Officer. She will join the company April 3. In her new role, Dr. Krutka [...]
ST. LOUIS, March 20, 2017 /PRNewswire/ -- Peabody Energy has been named coal mining company of the year for 2017 by United Kingdom-based Corporate LiveWire, recognizing the company's excellence in safety performance, environmental stewardship and leadership in advancing technology solutions. The honors were given by a panel of judges as part [...]
Significant Milestone Backed By Overwhelming Consensus Positions Peabody for Emergence ST. LOUIS, March 16, 2017 /PRNewswire/ -- Peabody Energy announced today that the judge presiding over the company's Chapter 11 process in United States Bankruptcy Court for the Eastern District of Missouri has ruled that he intends to confirm the company's [...]
