ST. LOUIS, Oct. 22, 2015 /PRNewswire/ -- The Board of Directors of Peabody Energy (NYSE: BTU) today elected Robert A. Malone to the non-executive role of Chairman of the Board, effective Jan. 1, 2016. The veteran executive has been serving as Lead Independent Director of Peabody since January 2013. He will succeed Gregory H. Boyce, who will [...]
ST. LOUIS, Oct. 13, 2015 /PRNewswire/ -- On Tuesday, Oct. 27, 2015, Peabody Energy (NYSE: BTU) will announce the results for the quarter ended Sept. 30, 2015. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, Oct. 27. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1085 [...]
ST. LOUIS, Sept. 16, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced a 1-for-15 reverse stock split on shares of the company's common stock. Authorization to implement the reverse stock split was approved by Peabody shareholders at a special meeting held earlier today. "We thank our shareholders for their continued support as we [...]
ST. LOUIS, Aug. 4, 2015 /PRNewswire/ -- Peabody Energy President and Chief Executive Officer Glenn Kellow today announced that A. Verona Dorch has been named Executive Vice President, Chief Legal Officer, Government Affairs and Corporate Secretary. Dorch will have executive responsibility for providing comprehensive legal counsel for Peabody [...]
ST. LOUIS, Aug. 3, 2015 /PRNewswire/ -- Peabody Energy today urged further action by courts, Congress, states, consumer groups and industrial/residential electricity customers to turn back the Environmental Protection Agency's (EPA) rules to reduce carbon dioxide emissions on electricity generating plants. Studies show the rules will punish [...]
- Second quarter revenues of $1.34 billion lead to Adjusted EBITDA of $87.0 million, including $21.2 million in restructuring charges - Diluted loss per share from Continuing Operations totals $(3.71) including $(3.06) in impairments; Adjusted Diluted EPS totals $(0.65), including $(0.07) from restructuring - Second quarter Australian costs improve [...]
ST. LOUIS, July 15, 2015 /PRNewswire/ -- On Tuesday, July 28, 2015, Peabody Energy (NYSE: BTU) will announce the results for the quarter ended June 30, 2015. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, July 28. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 [...]
ST. LOUIS, July 8, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) confirms it has entered into a sale and purchase agreement with Sekitan Resources Pty, Ltd., a wholly owned subsidiary of Exergen Pty, Ltd., to sell Peabody's Wilkie Creek Mine and other associated assets in Queensland's Surat Basin. The transaction has an aggregate value for [...]
ST. LOUIS, July 1, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that it has named longstanding financial executive Amy Schwetz to Executive Vice President and Chief Financial Officer. Schwetz replaces Michael Crews, who has announced plans to step down by the end of July to take the top financial position at a major industrial [...]
ST. LOUIS, June 30, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that second quarter 2015 Adjusted EBITDA and Adjusted EPS are now expected to be below the original targeted range due to weather-related shipment issues in the Southern Powder River Basin and lower seaborne coal pricing. Peabody expects a timing-related impact of [...]
ST. LOUIS, June 8, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) President and Chief Executive Officer Glenn Kellow today announced plans to reduce approximately 250 corporate and regional positions in coming months to create a leaner organization and lower costs. When fully implemented later this year, these reductions are expected to save $40 [...]
ST. LOUIS, June 3, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that it is reducing metallurgical coal production by approximately 1.5 million tons per year from its North Goonyella Mine in Queensland, Australia. The modified production plan is designed to lower costs, improve cash flows and increase productivity, while [...]