Peabody Energy (BTU) is scheduled to release first-quarter 2024 earnings on May 2 and unveiled some details of the upcoming release. The company expects its first-quarter revenues to be $980 million, while the Zacks Consensus Estimate for the same is pegged at $1.01 billion. Peabody expects its income from continuing operations, net of income taxes, of $45 million and adjusted EBITDA of $160 million.Q1 Shipment DetailsPeabody mentioned that its seaborne segment shipment volumes are in line with expectations ...

The Zacks Coal industry stocks, are suffering due to a decline in the use of coal in thermal power plants in the United States. In 2024, the demand for coal will be adversely impacted by the planned retirement of coal units and the utilization of more renewable sources for electricity generation. The ongoing energy transition, with utility operators steadily phasing out coal units, may hit the coal industry. Then again, the continuing conflict between Russia and Ukraine is creating fresh demand from Europea ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-16463 | --- | --- | --- | |-----------------------------------------------------------------------------------------------------|-------- ...

Peabody Energy Corp (NYSE:BTU) are down 1.4% at $24.78 at last check, but sport a 16.4% nine-month lead, despite struggling with a ceiling at the $27.50 level for much of the past year. The equity is today on track for its third consecutive daily loss, but this pullback may soon have bullish implications, as it has placed BTU near a trendline that has served as a catapult before. Peabody Energy stock is within one standard deviation of its 50-day trendline. Per Schaeffer's Senior Quantitative Analyst Rocky ...

Peabody Energy Corporation (NYSE:BTU) Q4 2023 Results Conference Call February 8, 2024 11:00 AM ET Company Participants Karla Kimrey - VP, IR Jim Grech - President, CEO Mark Spurbeck - CFO Malcolm Roberts - CMO Conference Call Participants Chris LaFemina - Jefferies Katja Jancic - BMO Capital Markets Lucas Pipes - B. Riley Securities Michael Dudas - Vertical Research Partners Nathan Martin - Benchmark Operator Good morning, and welcome to the Peabody Fourth Quarter 2023 Earnings Conference Call. [Operator I ...

Peabody Energy Corporation (BTU) is scheduled to release fourth-quarter 2023 results on Feb 8, before market open. The company delivered a negative earnings surprise of 31% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderPeabody Energy will continue to benefit from its diverse asset base that provides consistent results.BTU’s fourth-quarter earnings are also likely to have benefited from its continued share repurchas ...

ST. LOUIS, Jan. 18, 2024 /PRNewswire/ -- Peabody (NYSE: BTU) today announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company's outstanding Convertible Senior Notes due March 1, 2028. Revolving loans under the facility bear interest at a rate of SOFR plus an applicable margin ranging from 3.50% to 4.25%, depending on the company's total net leverage ratio. At Peabody's current total net leverage ratio, ...

ST. LOUIS, Jan. 18, 2024 /PRNewswire/ -- On Thursday, February 8, 2024, Peabody (NYSE: BTU) will announce results for the quarter and year ended December 31, 2023.  A conference call with management is scheduled for 10 a.m. CT on Thursday, February 8, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call.  Participants may also access the call using the following phone numbers: U.S. Toll Free   ...

andresr Overview Peabody Energy Corporation (NYSE:BTU) is the largest coal mining company in the United States, with 125M short tons of coal sales over the last twelve months. The company has a substantial amount of production in Queensland & New South Wales, Australia, apart from its production in the U.S. Figure 1 - Source: Corporate Presentation Peabody is a diversified coal mining company with 4 different business segments: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, and Other U.S. The ...

The COP28 summit highlighted our society’s awareness of climate change and how we should address it. Its core theme focused on how the global economy should transition away from fossil fuels and meet the goals of the Paris Agreement. This has put fossil fuel companies like coal producers in a difficult spot; the majority of world economies are transitioning to renewable energy and alternative forms of fuel. This may be another sign to setting your portfolio away from the sector. As a result, these three com ...