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Peabody Energy - BTU STOCK NEWS

Welcome to our dedicated page for Peabody Energy news (Ticker: BTU), a resource for investors and traders seeking the latest updates and insights on Peabody Energy stock.

Peabody Energy (NYSE: BTU) is a Fortune 500 global leader in coal production, specializing in thermal coal for energy generation and metallurgical coal for steel manufacturing. This page serves as your centralized source for verified company announcements, operational updates, and strategic developments.

Access real-time press releases covering earnings reports, mine safety initiatives, export contracts, and leadership changes. Investors will find essential updates on Powder River Basin operations, seaborne thermal coal exports to Asian markets, and metallurgical coal supply chain developments.

Our curated news collection helps stakeholders track BTU's position in evolving energy markets while maintaining compliance with financial disclosure standards. Content types include quarterly financial results, environmental stewardship updates, equipment investments, and partnership announcements with global steel producers.

Bookmark this page for direct access to Peabody Energy's official communications, analyst commentary, and market-moving developments in the coal sector. For comprehensive due diligence, combine these updates with SEC filings and annual reports available through investor relations.

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Peabody (NYSE:BTU) announced preliminary unaudited financial results for Q1 2024, expecting revenue of $980M, net income of $45M, and Adjusted EBITDA of $160M. Sales volumes were affected by various factors, impacting results. The company addresses production challenges and plans for the future.
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Peabody (NYSE: BTU) filed its Proxy Statement for the 2024 Annual Meeting, announcing two directors will not stand for re-election. Elliott reduced its ownership stake below five percent.
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Peabody (NYSE: BTU) reported a Q4 net income of $192.0 million, or $1.33 per diluted share, compared to $632.0 million, or $3.92 per diluted share, in the prior year quarter. Full-year 2023 revenue totaled $4,946.7 million compared to $4,981.9 million in the prior year. Adjusted EBITDA was $1,363.9 million compared to $1,844.7 million in the prior year. The company repurchased over 11 percent of its shares outstanding and improved its seaborne metallurgical segment. Fourth quarter highlights include achieving the second best annual global injury rate and record low injury rate in Australia. The Centurion premium hard coking coal project development remains on track with first development coal anticipated in April 2024. The company's shareholder return program generated $283.6 million in operating cash flow from continuing operations and invested $157.9 million in capital expenditures. After the $0.075 per share dividend declared on February 8, 2024, $80.4 million is available for additional share repurchases.
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Peabody (NYSE: BTU) has declared a quarterly dividend of $0.075 per share, payable on March 13, 2024, to stockholders of record on February 22, 2024. The company is a leading coal producer, focusing on sustainability and providing essential products for affordable energy and steel production.
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Peabody (NYSE: BTU) has announced the closing of a new $320 million senior secured revolving credit facility, aimed at enhancing financial resiliency during investment at the Centurion Mine. The facility bears interest at a rate of SOFR plus an applicable margin ranging from 3.50% to 4.25%, guaranteed by certain subsidiaries of Peabody. PNC Bank, National Association is the administrative agent, and PNC Capital Markets LLC acted as lead arranger and bookrunner.
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Peabody (NYSE: BTU) will announce results for the quarter and year ended December 31, 2023, with a conference call scheduled for February 8, 2024. Peabody is a leading coal producer committed to sustainability and providing essential products for energy and steel production.
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Peabody (NYSE: BTU) announced the rebranding of the North Goonyella Mine to the Centurion Mine, following the acquisition of a large portion of the Wards Well coal deposit. The new name reflects the pending addition of resources, creating a premier, tier one premium hard coking coal mine with a 25-year lifespan or more. The Centurion Mine is poised to become a global leader in the metallurgical coal market, with plans to commence mining in the first quarter of 2024 and longwall production in 2026.
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Peabody reports Q3 net income of $119.9 million, initiates longwall installation at Shoal Creek, and reaches agreement to acquire adjacent coal deposit. Adjusted EBITDA of $270 million in Q3, lower than prior quarter. Highlights include higher production levels and successful re-entry at North Goonyella.
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Peabody (NYSE: BTU) has declared a quarterly dividend of $0.075 per share, payable on November 29, 2023. The dividend announcement reflects the company's commitment to providing returns to its stockholders.
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Peabody appoints Dr. M. Katherine Banks to its Board of Directors
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Peabody Energy

NYSE:BTU

BTU Rankings

BTU Stock Data

1.56B
120.84M
0.57%
93.74%
12.18%
Thermal Coal
Bituminous Coal & Lignite Surface Mining
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United States
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