- Peabody achieves record 2013 safety results and $340 million of cost savings - Operating cash flow exceeds $700 million with debt reduction of more than $200 million - 2013 revenues of $7.01 billion lead to Adjusted EBITDA of $1.05 billion - Diluted Loss Per Share from Continuing Operations totals $(1.12) with Adjusted Diluted Earnings Per Share [...]
Following U.S. President Obama's State of the Union address, Peabody Energy (NYSE: BTU) urges the Administration to adopt energy policies that help families and businesses by capitalizing on greater use of coal, America's true all-of-the-above energy advantage. Coal is the nation's lowest cost and most abundant energy resource. This past year, coal [...]
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 Feb. 27, 2014, to holders of record on Feb. 6, 2014. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. The [...]
ST. LOUIS, Jan. 22, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that Michael W. Sutherlin has been appointed as a member of the company's Board of Directors. Until December 2013, Sutherlin served as President and Chief Executive Officer of Joy Global Inc., a worldwide leader in mining equipment and services for surface and [...]
On Thursday, Jan. 30, 2014, Peabody Energy will announce the results for the year ended Dec. 31, 2013. A conference call with management is scheduled for 10 a.m. CST on Thursday, Jan. 30, 2014. Participants may access the call using the following phone numbers:
ST. LOUIS, Dec. 19, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that full year 2013 Adjusted EBITDA is expected to be approximately $60 million to $80 million lower than original targets due to delays in final commissioning of the new longwall top coal caving system at the North Goonyella Mine, along with the impact of the [...]
ST. LOUIS, Dec. 18, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today affirmed that the U.S. Bankruptcy Court for the Eastern District of Missouri has entered an order confirming Patriot Coal's plan of reorganization, and Patriot Coal has announced the successful completion of exit financing and rights offerings allowing the company to emerge [...]
ST. LOUIS, Dec. 18, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) and China's Shenhua Group today announced they have entered into an agreement to create Sino-Pacific Coal Trading Corporation Pte. Ltd., a Singapore-based joint-venture company that will supply Shenhua's growing coal import demand with thermal coal from Peabody's global production [...]
ST. LOUIS, Dec. 9, 2013 /PRNewswire/ -- Peabody Energy today announced that it will cease production at the Wilkie Creek Mine in Queensland's Surat Basin and close the mine by the end of 2013. Approximately 200 employees and contractors at the mine have been notified of the closure. "We have completed our strategic review of the Wilkie Creek [...]
ST. LOUIS, Nov. 27, 2013 /PRNewswire/ -- Peabody Energy's 8 million pound dragline completed a historic journey from the company's Lee Ranch Mine northwest of Grants, New Mexico, more than 20 miles to its new home at the El Segundo Mine. One of the world's most massive machines, the 1570-W dragline crossed the high desert, carried by a specialized [...]
ST. LOUIS, Nov. 11, 2013 /PRNewswire/ -- In honor of his outstanding career achievements and enduring dedication to the University of Arizona's College of Engineering and its Department of Mining and Geological Engineering, Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce has been recognized as a 2013 University of Arizona [...]
ST. LOUIS, Nov. 5, 2013 /PRNewswire/ -- Peabody Energy today announced that Eric Ford, Executive Vice President – Office of the Chief Executive Officer, plans to retire effective Jan. 31, 2014, following a successful career of more than 40 years in the global mining sector. "We are thankful for Eric's many contributions to Peabody's success [...]
