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Peabody Energy Corp. - BTU STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Peabody Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Peabody Energy's position in the market.

News
Peabody Announces Completion of Wards Well Acquisition
Rhea-AI Summary
Peabody completes the acquisition of Wards Well coal deposit, enhancing the mine life of Centurion Mine Complex. The deal involves a cash consideration of $136 million and a contingent royalty of up to $200 million. Peabody aims to develop a 130 million ton, 25+ year mine plan incorporating the acquired coal deposit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.01%
Tags
acquisition
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News
Peabody Provides Update on First Quarter 2024 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
earnings
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News
Peabody Announcement Regarding Reducing Slate of Directors Standing for Re-Election
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
News
Peabody Reports Results for the Quarter and Year Ended December 31, 2023
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
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News
Peabody Board Declares Dividend on Common Stock
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
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News
Peabody Announces New $320 Million Revolving Credit Facility
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
none
News
Peabody to Announce Results for the Quarter and Year Ended December 31, 2023
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.28%
Tags
none
-
News
Peabody's North Goonyella Mine Renamed Centurion Mine
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
Tags
none
-
News
Peabody Reports Results For Quarter Ended September 30, 2023
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
none
News
Peabody Board Declares Dividend on Common Stock
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
dividends
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Peabody Energy Corp.

NYSE:BTU

BTU Rankings

#1549 Ranked by Market Cap
#1772 Ranked by Stock Gains
#1706 Ranked by Dividends

BTU Stock Data

2.94B
127.91M
0.48%
82.63%
13.61%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
St Louis

About BTU

peabody is the leading global pure-play coal company and a member of the fortune 500, serving power and steel customers in more than 25 countries on six continents. peabody offers significant scale, high-quality assets, and diversity in geography and products. peabody is guided by seven core values: safety, customer focus, leadership, people, excellence, integrity and sustainability. for further information, visit www.peabodyenergy.com.