ST. LOUIS, April 2, 2013 /CNW/ - In an address to the China Development Forum Economic Summit in Beijing, Peabody Energy Chairman and CEO Gregory H. Boyce shared his views on how 21st Century Coal can advance China's energy, economic and environmental objectives. "As China's unprecedented urbanization continues, coal provides the holistic path [...]
ST. LOUIS, March 25, 2013 /PRNewswire/ -- Peabody Energy today announced that its Eaglefield, Wambo underground and Burton mines have earned President's Safety Awards for achieving the company's best Australian safety performance based on incidence rate in 2012. These operations helped drive the best safety results in Peabody's 130-year [...]
ST. LOUIS, March 25, 2013 /CNW/ - Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce was today named Chairman of the International Energy Agency's Coal Industry Advisory Board (CIAB). Boyce previously served as CIAB Deputy Chairman since November 2010. The CIAB is a group of chief executives and other senior-level officials from [...]
The U.S. coal industry has endured some major struggles over the past few years. Tighter regulations on emission and increased competition from cheap natural gas have been major factors in the coal Industry's sharp decline. The Market Vectors-Coal ETF (KOL) has fallen over 30 percent in the past year. Research Driven Investing examines investing [...]
ST. LOUIS, March 14, 2013 /PRNewswire/ --Our contract with Patriot Coal states that we will fund a portion of Patriot's retiree healthcare expenses for specified retirees. We have been providing funds under this contract since the spinoff. This contract also appropriately states that, should Patriot's benefit obligations decrease, our funding would [...]
ST. LOUIS, March 10, 2013 /PRNewswire/ -- Peabody Energy and the World Coal Association invited New York City Mayor Michael Bloomberg to learn more about the benefits of clean coal and coal's role as the world's fastest growing fuel in a new open letter to the mayor.Mayor Bloomberg's recent comments regarding coal represent a teachable moment [...]
ST. LOUIS, March 1, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) has named Matt Brock President – Peabody COALTRADE. In this role, Brock will be responsible for global trading and brokerage activities spanning six continents as part of Peabody's COALTRADE business unit. He will report to Christopher J. Hagedorn [...]
CORAL SPRINGS, Florida, February 28, 2013 /PRNewswire/ --FinancialNewsMedia.com reports on Active Energy/Mining Companies to watch today: New Colombia Resources, Inc., PDC Energy, Inc. (NASDAQ: PDCE), Tesoro Petroleum Corp. (NYSE:TSO), Peabody Energy Corp. (NYSE: BTU) Halliburton Co. (NYSE: HAL) and Cliffs Natural Resources Inc. (NYSE [...]
Despite a steep drop in domestic demand the outlook for the coal industry remains positive as foreign demand continues to grow. The U.S. Energy Information Administration (EIA) recently reported that China coal consumption is nearly equal to the rest of the world combined. Research Driven Investing examines investing opportunities in the Coal [...]
ST. LOUIS, Feb. 4, 2013/PRNewswire/ -- Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce commented this evening that the disruption in New Orleans offered a convincing visual demonstration to counter those who have envisioned a world without coal."Coal is the world's fastest growing major fuel and provides more electricity than [...]
ST. LOUIS, Jan. 29, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today reported record full year 2012 revenues of $8.08 billion, leading to Adjusted EBITDA of $1.84 billion. The company achieved notable accomplishments in 2012, including record Adjusted EBITDA from U.S. mining operations and the highest Australia volumes to [...]
ST. LOUIS, Jan. 24, 2013 /PRNewswire/ -- 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. 28, 2013, to holders of record on Feb. 7, 2013.Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable [...]
