Peabody Energy today commended the G20 leaders' communique for its focus on global economic growth, poverty eradication in low-income and developing countries and increased international collaboration on energy policy. Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce said the core themes of the communique, issued after the [...]
Peabody Energy today applauded the announcement of China and the United States in recognizing the vital role coal plays in the global energy structure by supporting today's clean coal technologies and next-generation carbon capture, utilization and storage technologies (CCUS). The statements of strong support for coal were included in a new [...]
Peabody Energy President and Chief Operating Officer Glenn Kellow today appealed to world leaders to recognize the world's tremendous need for energy, the importance of a balanced fuel portfolio to address vast energy inequality, and the critical role technology-led solutions must play in meeting the world's environmental objectives during a [...]
Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce today offered a five-point policy plan to address the immediate needs of the energy impoverished and longer term energy needs from global growth, citing valuable lessons learned from three major Asia-Pacific Economic Cooperation (APEC) nations. During a wide-ranging discussion [...]
The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on Nov. 26, 2014, to holders of record on Nov. 6, 2014. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal [...]
- Third quarter revenues of $1.72 billion lead to Adjusted EBITDA of $216 million - Diluted Loss Per Share from Continuing Operations of $(0.58) with Adjusted Diluted EPS of $(0.59) - Australian costs per ton lowest since early 2011; Lowering 2014 Australian cost target to approximately $70 per ton - Quarterly operating cash flows rise to $169.8 [...]
Bill Rusnack, a member of the Peabody Energy Board of Directors, has been named a recipient of the St. Louis Business Journal's third annual Outstanding Directors Awards. Rusnack, a Peabody board member since 2002, is the Chair of the Audit Committee, and a member of the Compensation and Executive Committees of Peabody's board. "Bill has long been [...]
Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce today was honored for a lifetime of contributions to the global coal industry to advance sustainable mining, energy access and clean coal solutions at the 34th Coaltrans World Conference in Copenhagen. The recognition coincided with Boyce's keynote address urging world industry [...]
On Monday, Oct. 20, 2014, Peabody Energy will announce the results for the quarter ended Sept. 30, 2014. A conference call with management is scheduled for 10 a.m. CDT on Monday, Oct. 20. Participants may access the call using the following phone numbers: U.S. & Canada (800) 288-8961 ...
Peabody Energy[/wp] (NYSE: BTU) calls advanced coal technology the low-cost, low-carbon solution to energy needs and environmental objectives in its "21st Century Coal's Role in the Future of Energy", a new report. The report presents the company's views on carbon management and coal mining and use in the 21st century. Peabody believes safe [...]
During a week of heightened discussion about carbon and climate, Peabody Energy today called for greater use of advanced coal to fight energy inequality and improve emissions. "It's time we recognize energy poverty as the most serious crisis we face and reject climate alarmism that stalls solutions for energy access that would improve health [...]
Peabody Energy announced today that the company now expects third quarter 2014 Adjusted EBITDA of $190 to $210 million, which is above the company's prior targeted range. "Peabody is pleased that strong cost improvements and operating results are leading to increased Adjusted EBITDA expectations even in the face of market challenges," said Peabody [...]