Financial Data and Key Metrics Changes - The company reported a GAAP net loss attributable to common stockholders of $27.6 million or $0.23 per diluted share, while generating adjusted EBITDA of $93 million [21][22] - Operating cash flow was $23 million, with cash at the end of the quarter amounting to $586 million and nearly $1 billion in liquidity [22][28] Business Line Data and Key Metrics Changes - The Seaborne Thermal segment recorded adjusted EBITDA of $33.5 million with 17% margins, despite a loss of 400,000 tons due to port congestion [22] - The Seaborne Metallurgical segment reported an adjusted EBITDA loss of $9.2 million, with 23% lower average realized prices year over year [23] - The US thermal mines generated $57 million of adjusted EBITDA, demonstrating stable free cash flows and low capital requirements [23] Market Data and Key Metrics Changes - In the US, coal fuel generation increased by 15% compared to 2024, driven by high natural gas prices and growing electricity demand [12] - Customer stockpiles decreased by 15 million tons, an 11% reduction from the previous year, indicating tightening supply and demand fundamentals [13] - Seaborne thermal coal markets are supported by hot summer weather in Asia, leading to reduced stockpiles and stronger bids [15] Company Strategy and Development Direction - The company is accelerating longwall operations at its Centurion mine, targeting startup in February 2026, reflecting strong execution across operations [5][6] - Recent US legislation is expected to provide significant benefits, including a reduction in federal royalty rates from 12.5% to 7%, anticipated to generate $15 million to $20 million in net benefits [8][9] - The company aims to manage the cyclicality of the market to capture outsized free cash flow when prices improve [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of the US coal market, citing strong demand and supportive legislation [7][11] - The company noted that while the seaborne price environment remains challenging, it is well-positioned to navigate these conditions [20] - Management highlighted the importance of controlling costs and maintaining a strong balance sheet during cyclical downturns [20] Other Important Information - The company is in discussions regarding the acquisition of assets from Anglo American, with ongoing disagreements over the material adverse change (MAC) status of the Moranbah North mine [29][48] - The company is advancing its rare earth element evaluation program in the Powder River Basin, with initial studies indicating potential elevated levels of rare earth elements [81] Q&A Session Summary Question: Can you provide more details on the MAC situation with Anglo? - Management expressed confidence in their MAC position, citing significant monthly carrying costs and uncertainty regarding the mine's restart [35][36] Question: What is the status of discussions with Anglo? - Management confirmed ongoing respectful discussions but noted a fundamental disagreement over the impact of the MAC [47][48] Question: What should investors expect on August 19 regarding the MAC? - Management stated that the 90-day period to cure the MAC will conclude on that date, at which point they have the right to terminate the agreement [56] Question: Can you clarify the impact of the new royalty rate on costs? - The new royalty rate is included in the guidance, with expected benefits to costs in the second half of the year [68] Question: What is the expected benefit from the production tax credit for Shoal Creek? - The production tax credit is expected to provide savings of over $5 million annually, starting in 2026 [75] Question: How much cash is unrestricted and available to the company? - The company confirmed that the total cash of $586 million is unrestricted and fully available [89]

Financial Data and Key Metrics Changes - The company reported a GAAP net loss attributable to common stockholders of $27.6 million or $0.23 per diluted share, while generating adjusted EBITDA of $93 million [21] - Operating cash flow was $23 million, with cash at the end of the quarter amounting to $586 million and nearly $1 billion in liquidity [22] - The company raised its full-year guidance based on strong performance and cost management, with a reduction in full-year CapEx by $30 million to $420 million [27] Business Line Data and Key Metrics Changes - The Seaborne Thermal segment recorded adjusted EBITDA of $33.5 million with 17% margins, despite a loss of 400,000 tons due to port congestion [22] - The US thermal mines generated $57 million of adjusted EBITDA, demonstrating stable free cash flows and low capital requirements [23] - The seaborne metallurgical segment reported an adjusted EBITDA loss of $9.2 million, reflecting a 23% decrease in average realized prices year over year [23] Market Data and Key Metrics Changes - In the US, coal fuel generation increased by 15% compared to 2024, driven by high natural gas prices and growing electricity demand [11] - Customer stockpiles decreased by 15 million tonnes, an 11% reduction from the previous year, indicating tightening supply and demand fundamentals [12] - Seaborne thermal coal markets are supported by hot summer weather in Asia, leading to reduced stockpiles and stronger bids [14] Company Strategy and Development Direction - The company is focusing on cost management and operational efficiency to navigate the cyclical market softness in seaborne markets [20] - An acceleration of longwall operations at the Centurion mine is planned, with a target startup in February 2026 [4] - The recent US legislation is expected to provide significant benefits, including a reduction in federal royalty rates and a production tax credit for eligible domestic coal [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of the US coal market, citing strong demand and supportive legislation [6][9] - The company anticipates a significant increase in PRB volumes and improved cost structures due to favorable market conditions [27] - Management highlighted the importance of coal in maintaining grid reliability and energy independence amid rising electricity demand [8] Other Important Information - The company is currently in discussions regarding the acquisition of assets from Anglo American, with ongoing disagreements over the material adverse change (MAC) event at the Moranbah North mine [29][50] - The company is advancing its rare earth element evaluation program, with initial studies indicating potential elevated levels of rare earth elements in its reserves [86] Q&A Session Summary Question: Can you provide insights on the MAC situation and potential liabilities? - Management expressed confidence in their MAC position and indicated that they are prepared to pursue arbitration if necessary [36][40] Question: What is the latest on the Centurion project and potential sell-down timing? - Management stated that there is no commitment to a sell-down at this time and that discussions are ongoing without a specific timeline [41][43] Question: What is the status of discussions with Anglo regarding the Moranbah North mine? - Management confirmed that discussions are candid but highlighted a fundamental disagreement over the impact of the MAC event [50] Question: Can you provide details on liquidity and cash availability? - The company confirmed that the cash balance of $586 million is unrestricted and fully available, with additional capital required for the Centurion project [94] Question: What are the expectations for the second half of the year regarding costs and performance? - Management indicated that costs are expected to improve and that they are on track to meet full-year guidance despite some challenges [66][84]

Group 1 - Peabody Energy Corporation is a U.S. listed coal mining company with most production from U.S. operations, but the majority of earnings and cash flow typically come from international markets [1] - The company focuses on turnarounds in natural resource industries, with a typical holding period of 2-3 years [2] - The portfolio of the company has achieved a compounded annual growth rate of 29% over the last 6 years [2]

Financial Performance - Peabody Energy reported a quarterly loss of $0.06 per share, compared to the Zacks Consensus Estimate of a loss of $0.04, and a significant decline from earnings of $1.43 per share a year ago, indicating an earnings surprise of -50.00% [1] - The company posted revenues of $890.1 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 5.07%, and down from $1.04 billion in the same quarter last year [2] - Over the last four quarters, Peabody Energy has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Peabody Energy shares have declined approximately 26.4% since the beginning of the year, while the S&P 500 has gained 8.2% [3] - The current status of estimate revisions for Peabody Energy translates into a Zacks Rank 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.04 on revenues of $942.7 million, and for the current fiscal year, it is $0.45 on revenues of $3.82 billion [7] - The outlook for the coal industry, where Peabody Energy operates, is currently in the bottom 13% of the Zacks industries, which may materially impact the stock's performance [8]

[Q2 2025 Financial and Operational Overview](index=1&type=section&id=Q2%202025%20Financial%20and%20Operational%20Overview) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) Peabody reported a net loss of $27.6 million and Adjusted EBITDA of $93.3 million in Q2 2025, a significant decline from the prior year due to lower seaborne coal prices Q2 2025 Key Financial Metrics | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Net (Loss) Income Attributable to Common Stockholders (millions) | $(27.6) | $199.4 | Decreased | | Diluted EPS | $(0.23) | $1.42 | Decreased | | Adjusted EBITDA (millions) | $93.3 | $309.7 | Decreased | - The company declared a dividend of **$0.075 per share** on common stock on July 31, 2025[4](index=4&type=chunk) - The prior year's Q2 results included an **$80.8 million insurance recovery** and benefited from significantly higher seaborne metallurgical (**32% higher**) and thermal (**35% higher**) coal prices[1](index=1&type=chunk) [Operational Highlights](index=1&type=section&id=Operational%20Highlights) Peabody achieved strong cost control in seaborne segments and improved PRB margins, with Centurion Mine development ahead of schedule and anticipated royalty reductions - The Centurion Mine in Australia is ahead of schedule, allowing the company to accelerate the planned start of longwall production to **February 2026**[4](index=4&type=chunk) - Strong U.S. thermal demand drove better-than-expected performance and substantial margin improvements in the **Powder River Basin (PRB)** segment[4](index=4&type=chunk) - Seaborne Metallurgical and Seaborne Thermal segments achieved costs **below company targets** for the second quarter[4](index=4&type=chunk) - The company expects to benefit by **$15 to $20 million** in H2 2025 from royalty reductions under the new "One Big Beautiful Bill Act," which is also expected to improve the competitiveness of PRB coal[4](index=4&type=chunk) [Segment Performance](index=2&type=section&id=Segment%20Performance) [Seaborne Thermal](index=2&type=section&id=Seaborne%20Thermal) The Seaborne Thermal segment generated **$33.5 million** in Adjusted EBITDA in Q2 2025, with lower volumes due to disruptions partially offset by cost controls, leading to updated full-year guidance Seaborne Thermal Performance (Q2 2025 vs. Q2 2024) | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Tons sold (millions) | 3.6 | 4.1 | | Revenue per Ton | $53.22 | $74.43 | | Costs per Ton | $44.10 | $49.14 | | Adjusted EBITDA Margin per Ton | $9.12 | $25.29 | | Adjusted EBITDA (millions) | $33.5 | $104.4 | - Full-year volume guidance was increased by **200,000 tons**, and full-year cost guidance was reduced by **$3 per ton** due to strong July shipments[5](index=5&type=chunk) [Seaborne Metallurgical](index=2&type=section&id=Seaborne%20Metallurgical) The Seaborne Metallurgical segment reported an Adjusted EBITDA loss of **$9.2 million** in Q2 2025 due to challenging pricing, but achieved increased volumes and lower costs, leading to reduced full-year cost guidance Seaborne Metallurgical Performance (Q2 2025 vs. Q2 2024) | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Tons sold (millions) | 2.2 | 2.0 | | Revenue per Ton | $114.79 | $149.29 | | Costs per Ton | $118.97 | $117.47 | | Adjusted EBITDA Margin per Ton | $(4.18) | $31.82 | | Adjusted EBITDA (millions) | $(9.2) | $143.6* | - *Q2 2024 Adjusted EBITDA included an **$80.8 million insurance recovery**[6](index=6&type=chunk) - Due to strong first-half cost performance, full-year cost guidance is being lowered by **$7 per ton** to approximately **$118 per ton**[6](index=6&type=chunk) [Powder River Basin (PRB)](index=3&type=section&id=Powder%20River%20Basin%20(PRB)) The Powder River Basin segment delivered strong Q2 2025 results with **$43.0 million** in Adjusted EBITDA, exceeding shipment expectations and lowering per-ton costs, leading to increased full-year volume guidance Powder River Basin Performance (Q2 2025 vs. Q2 2024) | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Tons sold (millions) | 20.0 | 15.8 | | Revenue per Ton | $13.82 | $14.02 | | Costs per Ton | $11.66 | $12.89 | | Adjusted EBITDA Margin per Ton | $2.16 | $1.13 | | Adjusted EBITDA (millions) | $43.0 | $17.8 | - Based on increased contract volumes, full-year volume guidance is raised by **5 million tons**, and cost targets are lowered by **$0.63 per ton**[7](index=7&type=chunk) [Other U.S. Thermal](index=3&type=section&id=Other%20U.S.%20Thermal) The Other U.S. Thermal segment reported **$13.5 million** in Adjusted EBITDA for Q2 2025, with lower volumes due to operational issues, but anticipates improvement after an August longwall move, maintaining full-year guidance Other U.S. Thermal Performance (Q2 2025 vs. Q2 2024) | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Tons sold (millions) | 2.9 | 3.7 | | Revenue per Ton | $54.08 | $55.21 | | Costs per Ton | $49.39 | $45.53 | | Adjusted EBITDA Margin per Ton | $4.69 | $9.68 | | Adjusted EBITDA (millions) | $13.5 | $35.4 | - Performance is expected to improve at Twentymile after an August longwall move to a new panel, with the company maintaining full-year volume and cost guidance for this segment[8](index=8&type=chunk) [Financial Position and Corporate Updates](index=3&type=section&id=Financial%20Position%20and%20Corporate%20Updates) [Balance Sheet and Liquidity](index=3&type=section&id=Balance%20Sheet%20and%20Liquidity) As of June 30, 2025, Peabody maintained a strong financial position with total liquidity approaching **$1 billion**, demonstrating operational resilience and a stable cash position despite investments and shareholder returns Liquidity Position as of June 30, 2025 | Item | Amount (in millions) | | :--- | :--- | | Cash | $585.9 | | Long-Term Debt | $343.8 | | Total Liquidity | Approaching $1,000 | - The company's cash position remained largely unchanged from the prior quarter after accounting for investments in Centurion, shareholder returns, and other working capital items[10](index=10&type=chunk) [Centurion Mine Project Update](index=3&type=section&id=Centurion%20Mine%20Project%20Update) The Centurion Mine development is progressing rapidly and is ahead of schedule, with longwall operations now anticipated to start in **February 2026**, remaining on budget with significant hiring progress - The start of longwall operations is now anticipated in **February 2026**, earlier than previously guided[11](index=11&type=chunk) - The mine has hired **260 of its planned 400 employees** and intends to start installing longwall shields in November[11](index=11&type=chunk) [Moranbah North Acquisition Update](index=3&type=section&id=Moranbah%20North%20Acquisition%20Update) Peabody asserts a Material Adverse Change (MAC) regarding the Moranbah North Mine acquisition due to an ignition incident and lack of production timetable, with an update expected after the **August 19th** cure period expiration - Peabody asserts that a **Material Adverse Change (MAC)** has occurred under the purchase agreements for the Moranbah North Mine due to an ignition incident and lack of a credible timetable for production resumption[14](index=14&type=chunk) - The company has not reached a revised agreement with the seller and will provide a further update after the **90-day MAC cure period** expires on **August 19th**[14](index=14&type=chunk) [Company Outlook](index=4&type=section&id=Company%20Outlook) [Third Quarter 2025 Outlook](index=4&type=section&id=Third%20Quarter%202025%20Outlook) For Q3 2025, Peabody anticipates increased volumes in PRB and Other U.S. Thermal segments, providing specific volume, pricing, and cost targets across all four operating segments Q3 2025 Segment Outlook | Segment | Expected Volume | Expected Costs per Ton | Other Details | | :--- | :--- | :--- | :--- | | Seaborne Thermal | 3.9M tons | $45 - $50 | 2.7M tons are for export | | Seaborne Metallurgical | 2.2M tons | $110 - $120 | Expected to achieve 70-75% of premium hard coking coal price index | | PRB U.S. Thermal | 23.0M tons | $11.00 - $11.50 | Average price of $13.45/ton | | Other U.S. Thermal | 3.7M tons | $45 - $49 | Average price of $51.10/ton | [Full Year 2025 Guidance](index=5&type=section&id=Full%20Year%202025%20Guidance) Peabody updated its full-year 2025 guidance, raising volume targets for Seaborne Thermal and PRB while lowering cost-per-ton targets for multiple segments, with total capital expenditures projected at **$420 million** - The company is raising full-year 2025 guidance for Seaborne Thermal and PRB volumes and lowering cost-per-ton targets for Seaborne Thermal, Seaborne Met, and PRB segments[4](index=4&type=chunk)[15](index=15&type=chunk) Full Year 2025 Segment Guidance | Segment | Total Volume (millions of short tons) | Average Cost per Short Ton | | :--- | :--- | :--- | | Seaborne Thermal | 14.6 - 15.2 | $45.00 - $48.00 | | Seaborne Metallurgical | 8.0 - 9.0 | $115.00 - $120.00 | | PRB U.S. Thermal | 80.0 - 84.0 | $11.50 - $12.00 | | Other U.S. Thermal | 13.4 - 14.4 | $43.00 - $47.00 | Full Year 2025 Financial Metrics | Metric | 2025 Full Year ($ in millions) | | :--- | :--- | | SG&A | $95 | | Total Capital Expenditures | $420 | | ARO Cash Spend | $50 | [Consolidated Financial Statements (Unaudited)](index=6&type=section&id=Consolidated%20Financial%20Statements%20(Unaudited)) [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Peabody reported total revenues of **$890.1 million** and an operating loss of **$38.4 million** in Q2 2025, a significant decline from the prior year, resulting in a net loss of **$27.6 million** attributable to common stockholders Statement of Operations Highlights (in Millions) | Account | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Revenue | $890.1 | $1,042.0 | | Operating (Loss) Profit | $(38.4) | $233.9 | | Net (Loss) Income Attributable to Common Stockholders | $(27.6) | $199.4 | [Condensed Consolidated Balance Sheets](index=7&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2025, Peabody's balance sheet reported total assets of **$5,763.4 million**, total liabilities of **$2,089.3 million**, and cash and cash equivalents of **$585.9 million** Balance Sheet Summary (in Millions) | Account | June 30, 2025 | Dec. 31, 2024 | | :--- | :--- | :--- | | Cash and Cash Equivalents | $585.9 | $700.4 | | Total Current Assets | $1,627.3 | $1,780.7 | | Total Assets | $5,763.4 | $5,953.7 | | Total Current Liabilities | $737.0 | $827.5 | | Total Liabilities | $2,089.3 | $2,244.9 | | Total Stockholders' Equity | $3,674.1 | $3,708.8 | [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) In Q2 2025, net cash provided by operating activities was **$23.2 million**, while investing activities used **$91.1 million** and financing activities used **$15.8 million** Statement of Cash Flows Highlights (in Millions) | Account | Q2 2025 | Six Months Ended Jun 30, 2025 | | :--- | :--- | :--- | | Net Cash Provided By Operating Activities | $23.2 | $143.1 | | Net Cash Used In Investing Activities | $(91.1) | $(180.7) | | Net Cash Used In Financing Activities | $(15.8) | $(44.9) | [Reconciliation of Non-GAAP Financial Measures](index=9&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) [Adjusted EBITDA Reconciliation](index=9&type=section&id=Adjusted%20EBITDA%20Reconciliation) The company provides a reconciliation of net income to Adjusted EBITDA, a non-GAAP measure, showing a Q2 2025 Adjusted EBITDA of **$93.3 million** after adjustments from a **$25.6 million** net loss from continuing operations Adjusted EBITDA Reconciliation (Q2 2025, in Millions) | Item | Amount | | :--- | :--- | | (Loss) Income from Continuing Operations, Net of Income Taxes | $(25.6) | | Depreciation, Depletion and Amortization | $93.4 | | Interest Expense, Net | $11.1 | | Income Tax (Benefit) | $(2.7) | | Other Adjustments | $17.1 | | **Adjusted EBITDA** | **$93.3** | [Supplemental Financial Data](index=10&type=section&id=Supplemental%20Financial%20Data) This section provides a detailed breakdown of Q2 2025 revenues and Adjusted EBITDA by business segment, with U.S. Thermal segments generating **$430.8 million** in revenue and Seaborne segments generating **$447.3 million** Q2 2025 Revenue and Adjusted EBITDA by Segment (in Millions) | Segment | Revenue | Adjusted EBITDA | | :--- | :--- | :--- | | Seaborne Thermal | $195.1 | $33.5 | | Seaborne Metallurgical | $252.2 | $(9.2) | | Powder River Basin | $275.7 | $43.0 | | Other U.S. Thermal | $155.1 | $13.5 | | **Total (Excluding Corp/Other)** | **$878.1** | **$80.8** |

Core Insights - Peabody reported a net loss of $27.6 million for Q2 2025, a significant decline from a net income of $199.4 million in the same quarter last year, with Adjusted EBITDA dropping to $93.3 million from $309.7 million [1][7][23] - The company experienced strong performance in the Powder River Basin (PRB) segment, driven by robust U.S. thermal coal demand and effective cost management [2][7] - Peabody has raised its full-year volume guidance for Seaborne Thermal and PRB coal while lowering cost-per-ton targets across multiple segments [7][14] Financial Performance - Q2 2025 Adjusted EBITDA was $93.3 million, down from $309.7 million in Q2 2024, reflecting lower shipments and pricing pressures [1][23] - The company reported total revenue of $890.1 million for Q2 2025, compared to $1,042.0 million in Q2 2024 [23][32] - Operating costs for Q2 2025 were $789.4 million, slightly lower than $803.9 million in the same quarter last year [23][32] Segment Performance - Seaborne Thermal segment sold 3.6 million tons in Q2 2025, down from 4.1 million tons in Q2 2024, with an Adjusted EBITDA of $33.5 million [4][32] - Seaborne Metallurgical segment sold 2.2 million tons, with an Adjusted EBITDA loss of $9.2 million, impacted by a challenging pricing environment [5][32] - The PRB segment achieved an Adjusted EBITDA of $43.0 million, benefiting from strong demand and lower costs [8][32] Operational Updates - The Centurion Mine's longwall production start has been accelerated to February 2026 due to effective execution and development progress [12] - Peabody expects to benefit from federal royalty reductions, estimating an impact of $15 to $20 million in the second half of 2025 [7][14] Guidance and Outlook - Full-year 2025 guidance for Seaborne Thermal is now set at 14.6 to 15.2 million tons, with a cost target of $45.00 to $48.00 per ton [20] - PRB volume guidance has been raised to 80.0 to 84.0 million tons, with an average cost target of $11.50 to $12.00 per ton [20] - The company maintains its full-year volume and cost guidance for Other U.S. Thermal coal [9][20]

Core Viewpoint - Peabody Energy (NYSE: BTU) is identified as the largest thermal coal producer in the US and is considered undervalued, presenting a potential investment opportunity despite the general aversion to coal stocks [1] Company Summary - Peabody Energy is the largest producer of thermal coal in the United States, which typically leads to skepticism among investors due to the industry's reputation [1] - The stock is described as genuinely mispriced, indicating that it may be undervalued compared to its true worth [1]

Company Announcement - Peabody (NYSE: BTU) will announce its results for the quarter ended June 30, 2025, on July 31, 2025 [1] - A conference call with management is scheduled for 10 a.m. CT on the same day [1] - Instructions for conference call participation and accessing a replay will be available on PeabodyEnergy.com prior to the call [1] Company Profile - Peabody is a leading coal producer, providing essential products for the production of affordable and reliable energy and steel [1] - The company's commitment to sustainability shapes its strategy for the future [1]

Core Insights - Peabody Energy Corp (NYSE:BTU) has seen a significant decline, trading at $13.24, down 1.9%, and has lost 37% in 2025, indicating a long-term bearish trend [1] - The stock is near a historically bearish trendline, suggesting that the pullback may continue [1] - The stock has been below its 100-day moving average for at least eight of the last ten trading days, with 80% of the last two months spent below this trendline [2] Technical Analysis - Historical data shows that after similar signals in the past five years, the stock declined one month later every time, averaging an 8.07% drop, which could place BTU near $12 [2] - The current call/put volume ratio of 1.83 indicates a higher level of bullish sentiment among options traders, ranking above 83% of readings from the past year [4] - The Schaeffer's Volatility Index (SVI) of 59% suggests that options traders are pricing in low volatility expectations, ranking in the 31st percentile of its annual range [5] Analyst Recommendations - All four brokerage firms covering Peabody stock have a "strong buy" recommendation, indicating potential for bearish sentiment to unwind in the future [4]

Group 1 - Peabody Energy is a coal producing company based in the United States, previously operating in states such as Wyoming, Colorado, New Mexico, Missouri, Illinois, and Indiana [1] - The company's production was primarily focused on thermal coal, which was exported to various countries [1] - Starting this year, Peabody began mining acreage, indicating a potential shift in operational strategy [1] Group 2 - The company is of interest to individual investors seeking value in commodity production, particularly those with sustained free cash flows and low leverage [1] - There is a focus on companies that are in distress but have high recovery potential, especially in emerging markets with high margins [1] - A solid pro-shareholder attitude is emphasized, including sustained buyback programs and dividend distributions [1]