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Peabody Energy (BTU) Extends Run on 8th Day as Energy Demand Grows
Yahoo Financeยท 2025-09-25 14:25
Core Insights - Peabody Energy Corp. (NYSE:BTU) has shown strong performance, extending its winning streak to eight consecutive sessions with an increase of 8.22% to close at $25.81, driven by expectations of stronger energy demand through the end of the year [1][2] - The thermal coal sector, including Peabody Energy, is experiencing gains due to anticipated increased energy demand in the cooler fourth quarter, as heating appliance usage rises [2] - Peabody Energy is also benefiting from the growing energy needs of data centers that support the artificial intelligence sector [3] Company Performance - For Q3, Peabody Energy targets seaborne thermal volume to reach 3.9 million tons, which includes 2.7 million tons for export [3] - The company projects seaborne metallurgical volume at 2.2 million tons, expecting to achieve 70 to 75 percent of the premium hard coking coal price index [4]