Every 8-K that Peabody Energy Corporation (BTU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BTU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BTU filings page.
Peabody Energy Corporation (BTU) furnished an investor presentation in connection with the Jefferies Global Industrials Conference, outlining its diversified coal platform, 2025 performance, safety record and capital allocation strategy. For 2025, Peabody reported $3.86 billion in revenue and $454.9 million of Adjusted EBITDA, with segment contributions from Seaborne Thermal, Seaborne Metallurgical, Powder River Basin and Other U.S. Thermal operations.
The company emphasizes operational safety, with a 1H26 Total Recordable Incident Frequency Rate of 0.71, and highlights macro tailwinds from record global coal demand, rising U.S. power load and increasing Indian steel production. Management presents a balance-sheet-focused capital framework, citing zero net debt, more than $900 million of liquidity, and a policy to return 65–100% of Available Free Cash Flow to shareholders, including about $810 million returned since 2023. The deck also provides 2026 volume, pricing and cost guidance by segment and details recent refinancing, surety and revolver actions that lower interest cost and release restricted cash.
Peabody Energy Corporation (BTU) entered into a Consulting Services Agreement with Executive Vice President and Chief Operating Officer Darren R. Yeates, effective after his current employment contract expires. Beginning February 1, 2027, Yeates will provide consulting services through January 31, 2028 for the company and its affiliates.
The agreement provides for up to 40 hours per month of consulting, with a minimum monthly fee of $89,773 and an additional $2,244 per hour for work beyond 40 hours. Peabody may terminate the arrangement at any time; if it does so without cause or upon Yeates’ death or disability, he is entitled to remaining fees for the term, subject to a release of claims.
Peabody Energy Corporation shared an investor presentation and video in connection with an analyst and investor tour of its Centurion metallurgical coal mine. The materials outline 2025 operating metrics and detailed plans for ramping Centurion to full longwall production during the second half of 2026.
For 2025, Peabody reports $3.9 billion revenue, $454.9 million Adjusted EBITDA, a workforce of about 5,400 employees, 3,330 acres restored, and a Total Recordable Incident Frequency Rate of 0.71. Segment Adjusted EBITDA contributions include $222.2 million from Seaborne Thermal, $56.4 million from Seaborne Metallurgical, and $247.2 million from U.S. Thermal operations.
The Centurion mine is highlighted as a cornerstone metallurgical asset with a life-of-mine annual sales average of 4.7 million tons, a mine life exceeding 25 years, and a stated net present value of $2.1 billion as of January 1, 2026. Peabody presents long-term economics implying about $423 million of annual Adjusted EBITDA at a long-term premium hard coking coal price assumption of $225 per tonne, supported by first-quartile cost positioning and transportation advantages from Queensland to key markets such as India.
Peabody Energy reported a second-quarter 2026 net loss attributable to common stockholders of $90.6 million, or $(0.74) per diluted share, versus a loss of $27.6 million, or $(0.23) per share, in the prior-year quarter. Revenue was $1,003.2 million, and Adjusted EBITDA declined to $24.0 million from $93.3 million, driven by lower volumes and higher costs.
Segment results were mixed. Seaborne Thermal generated Adjusted EBITDA of $52.1 million, with costs per ton at the low end of guidance, while Seaborne Metallurgical posted Adjusted EBITDA of $(17.0) million amid ongoing Centurion commissioning. Powder River Basin recorded Adjusted EBITDA of $(7.1) million, and Other U.S. Thermal delivered $26.9 million.
At June 30, 2026, cash was $526.3 million and total liquidity $959.1 million. The company issued $250 million of 2031 convertible notes, repurchased $241.2 million of 2028 notes for $386.8 million (effectively 5.0 million shares), reduced restricted cash and collateral by approximately $350 million, and expanded its revolving credit facility to $400 million. The board declared a quarterly dividend of $0.075 per share, payable September 3, 2026 to stockholders of record on August 12, 2026, and provided third-quarter and full-year 2026 volume, pricing and cost guidance by segment.
Peabody Energy Corporation amended its revolving credit facility on June 30, 2026. The amendment increases total revolving commitments under the Credit Agreement from $320,000,000 to $400,000,000, extends the maturity of the revolving commitments and related loans from January 18, 2028 to June 30, 2030, and modestly reduces interest-rate margins. The SOFR-based margin range moves from 3.50%–4.25% to 3.25%–4.00%, while the base-rate margin range moves from 2.50%–3.25% to 2.25%–3.00%, in each case depending on the company’s total net leverage ratio. The full terms are set out in Amendment No. 3, filed as an exhibit.
Peabody Energy Corporation has overhauled its surety and collateral structure. Its Australian subsidiaries entered new Australian Dollar-denominated surety bond facilities totaling A$700,000,000 in commitments with Liberty Mutual and Swiss Re, secured by substantially all assets of the participating entities and maturing on June 12, 2031. These facilities are intended to replace existing 100% cash‑collateralized programs for Australian reclamation obligations.
Peabody also amended its revolving credit facility to permit the new Australian surety arrangements and terminated its 2020 Transaction Support Agreement and related 2022 collateral security agreement with surety providers. According to the company, the new U.S. and Australian surety arrangements are expected to reduce total reclamation collateral requirements, eliminate a minimum liquidity covenant, and increase liquidity to support balance sheet strength, disciplined capital allocation, and shareholder returns.
Peabody Energy Corporation completed a private offering of $250 million aggregate principal amount of 0.50% Convertible Senior Notes due 2031, generating approximately $243.3 million in net proceeds. The notes are senior unsecured, pay 0.50% interest semi-annually, and mature on June 1, 2031 unless earlier repurchased, redeemed, or converted.
Peabody plans to use about $16.7 million of the proceeds for capped call transactions and, together with available cash, to repurchase approximately $241.2 million of its outstanding 3.250% Convertible Senior Notes due 2028 for a total cash purchase price of about $388.8 million. The initial conversion rate is 26.0970 shares per $1,000, implying an initial conversion price of about $38.32 per share, a 32.5% premium to the $28.9197 reference stock price.
The notes are convertible only upon specified stock-price, trading-price, corporate-event, redemption, or near-maturity conditions, with settlement in cash, stock, or a combination at Peabody’s election. The company may redeem the notes, subject to trading and price hurdles, beginning in 2029, and noteholders receive a 100% cash repurchase right upon certain fundamental changes. Related capped call transactions initially cap economic exposure at $50.6095 per share, a 75.0% premium to the reference price.
Peabody Energy Corporation has priced a private offering of $225 million aggregate principal amount of 0.50% convertible senior notes due 2031 to qualified institutional buyers, with an added option for purchasers to buy up to $25 million more.
The notes carry a 0.50% annual coupon, mature on June 1, 2031, and are initially convertible at 26.0970 shares per $1,000, implying a conversion price of about $38.32 per share, a 32.5% premium to the May 28, 2026 volume-weighted average price of $28.9197.
Peabody expects net proceeds of roughly $218.9 million (or $243.3 million if the option is fully exercised) and plans to use about $15.0 million for capped call transactions and, together with cash on hand, to repurchase approximately $241.2 million of its 3.250% convertible notes due 2028 for about $388.8 million in cash.
Peabody Energy Corporation plans to offer $225 million of convertible senior notes due 2031 in a private offering to qualified institutional buyers, with an option for initial purchasers to buy an additional $25 million of notes. The notes will be senior unsecured, pay semi-annual interest, and may be converted into cash, common stock, or a mix at Peabody’s election. Peabody expects to use the net proceeds to fund capped call transactions and, together with cash on hand, repurchase a portion of its outstanding 3.250% Convertible Senior Notes due 2028, with any remainder for general corporate purposes.
Peabody Energy Corporation reported that director Joe W. Laymon resigned from its Board of Directors on May 20, 2026 for personal health reasons. His resignation is effective immediately and also ends his service on the Compensation Committee and the Nominating and Corporate Governance Committee.
The company states that his decision was not due to any disagreement with Peabody on its operations, policies or practices. The Board expressed appreciation for his years of service and contributions. The filing also lists a standard Inline XBRL cover page data exhibit.
Peabody Energy Corporation is sharing an investor presentation at the B. Riley Investor Conference outlining its 2025 performance and 2026 outlook. For 2025, the company generated $3.9 billion in revenue and $455 million of Adjusted EBITDA, supported by diversified seaborne and U.S. thermal coal operations.
Safety and environmental metrics improved, with a 0.71 total recordable incident frequency rate and more acres reclaimed than disturbed. Peabody highlights favorable macro trends in coal demand, including rising Asian seaborne markets and a rebound in U.S. coal generation, while emphasizing its rare earth and critical minerals initiative and mine-life extension projects.
The company reports significant balance sheet strengthening between March 2020 and March 2026, with cash, restricted cash and collateral rising to $1.303 billion, debt reduced to $335 million, and net legacy liabilities cut to $74 million. 2026 guidance calls for solid volumes across seaborne thermal, seaborne metallurgical and U.S. thermal segments, continued capital discipline, and a stated focus on growing free cash flow and shareholder returns.
Peabody Energy Corporation held its 2026 Annual Meeting of Stockholders, where stockholders elected ten directors to one-year terms and approved several key proposals. Stockholders approved, on an advisory basis, the compensation of the company’s named executive officers and also approved the Peabody Energy Corporation 2026 Incentive Plan, which had previously been authorized by the Board subject to stockholder approval and became effective upon that approval.
Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2026. Following his re-election, Board Chair Robert A. Malone submitted a resignation effective at the 2027 Annual Meeting due to the company’s age guidelines, but the Board rejected this resignation and authorized him to continue as director and Chair for one additional year, subject to his re-election. The Board also amended its Corporate Governance Guidelines to create the role of Vice Chair of the Board, with an appointment to follow the 2027 Annual Meeting.
Peabody Energy reported a first quarter 2026 net loss attributable to common stockholders of $32.4 million, or $(0.27) per diluted share, versus net income of $34.4 million, or $0.27 per share, a year earlier. Revenue was $973.3 million, and Adjusted EBITDA was $82.5 million, down from $144.0 million in the prior-year quarter.
Seaborne Thermal generated $48.5 million of Adjusted EBITDA on strong demand and higher realized prices, while Seaborne Metallurgical posted a $7.0 million Adjusted EBITDA loss, including an approximately $80 million impact from commissioning challenges at the Centurion mine. U.S. thermal operations remained profitable, with Powder River Basin and Other U.S. Thermal delivering combined Adjusted EBITDA of $61.5 million.
The company expects Centurion to sell about 0.3 million tons in the second quarter and now forecasts 2.5 million tons of 2026 Centurion volume, down from the original 3.5 million-ton expectation. The Board declared a quarterly dividend of $0.075 per share, payable June 8, 2026 to stockholders of record on May 19, 2026.
Peabody Energy Corporation updated its outlook for the Centurion Mine, stating that first quarter 2026 sales volume is now expected to be about 250,000 tons, which is below prior expectations due to greater-than-anticipated mine commissioning challenges. Despite this slower start, Peabody reaffirmed its full-year 2026 metallurgical coal volume targets of 10.3 to 11.3 million tons. The company plans to release full first quarter 2026 results and host an earnings call on May 5, 2026, with details and a webcast available through its website.
Peabody Energy is sharing an updated strategic outlook and 2026 guidance at the BMO Global Metals, Mining and Critical Minerals Conference, highlighting a record 2025 safety and environmental performance and detailed plans across its coal portfolio.
For 2025, the company reports $3.9B in revenue and $455M of Adjusted EBITDA, with about 122 million tons sold and a low total recordable incident frequency rate of 0.71. Seaborne thermal delivered $222M of Adjusted EBITDA, Powder River Basin $176M, and Other U.S. Thermal $71M.
For 2026, Peabody guides to 12–13 million tons of seaborne thermal, 10.3–11.3 million tons of seaborne metallurgical, 82–88 million tons of Powder River Basin coal, and 13.2–14.2 million tons from Other U.S. Thermal, with total capital expenditures of $340M and SG&A of $115M. Management emphasizes a zero net debt position, more than $900M of liquidity, and a framework to return 65–100% of available free cash flow, supported by the ramp-up of the high-margin Centurion mine and multiple development projects in rare earths, renewables and mine-life extensions.
Peabody Energy Corporation reported that it issued a press release with its fourth quarter 2025 financial results and guidance for selected first quarter and full-year 2026 targets. This information is furnished as an exhibit and not treated as filed under securities laws.
The company also announced that its Board of Directors declared a quarterly dividend of $0.075 per share on its common stock. The dividend is payable on March 10, 2026 to stockholders of record as of February 23, 2026, reflecting ongoing cash returns to shareholders.
Peabody Energy Corporation announced a planned leadership transition for President and CEO James C. Grech, who is approaching retirement eligibility. The board will conduct an active search to identify his successor.
Under a new Transition and Consulting Agreement effective December 17, 2025, Mr. Grech will remain CEO until May 15, 2028 and is expected to continue serving on the board through that date, subject to company governance and annual elections. During this period, he will keep his current salary, performance-based cash incentives, benefits, and remain eligible for long-term incentive awards in January 2026, 2027 and 2028.
After May 15, 2028, he will serve in an advisory role until May 15, 2030 and receive a consulting fee of $1,500,000 per year, while vesting on certain long-term incentive awards continues through the consulting period, subject to performance goals and ongoing service. The company states this arrangement reflects its desire to retain his services and is not due to any disagreement over operations, policies, or practices.
Peabody Energy Corporation announced that its Board of Directors appointed Georganne Hodges and Clayton Walker as new directors effective November 19, 2025, with terms ending at the 2026 Annual Meeting of Stockholders. Ms. Hodges joins the Audit Committee and the Nominating and Corporate Governance Committee, while Mr. Walker joins the Compensation Committee and the Health, Safety, Security and Environmental Committee.
The company states there are no arrangements, understandings, or family relationships connected to their appointments, and no related-party transactions requiring disclosure. Both will participate in Peabody’s non-employee director compensation program and received a prorated grant of deferred stock units on November 19, 2025, based on either $62,500 or $66,250 divided by the closing stock price. These units generally vest monthly over six months beginning December 9, 2025, with shares distributed upon the earlier of three years after grant or separation from service.
Peabody Energy (BTU) furnished its Q3 2025 results and shared guidance for selected fourth-quarter and full-year 2025 targets via a press release. This provides an update on recent operating performance and near-term expectations as described in the furnished materials.
The Board declared a quarterly dividend of $0.075 per share, payable on December 3, 2025 to stockholders of record on November 13, 2025. The earnings press release is furnished (not filed) under the Exchange Act, and the dividend announcement was issued separately.
Peabody Energy Corporation amended and restated its by-laws, effective October 14, 2025. The updates refine how stockholders nominate directors and submit proposals, including a new requirement that any nominee make themselves available for a Board interview.
The revisions also address disclosure and notice requirements for matters raised at special meetings and clarify that the Board may submit proposals at such meetings. The by-laws establish procedures for organizing and conducting stockholder meetings, with the Chairman of the Board serving as meeting chair, and add a severability provision. The company characterizes the changes as clarifications, updates, and other non‑substantive revisions.
Peabody Energy Corporation provided an update under Regulation FD about a contract dispute with Anglo American Plc. Anglo has started arbitration after Peabody terminated purchase agreements for Anglo’s steelmaking coal assets, with Peabody stating it believes a material adverse change occurred that justified ending the deals.
After the termination, Anglo returned $29 million of the original $75 million deposit paid by Peabody. Peabody has demanded that the remaining portion of the deposit be returned without further delay, and the recovery of this balance will depend on the outcome of the arbitration process.
Peabody Energy Corporation filed a current report to note that its representatives will attend the UBS Global Materials Conference on September 3, 2025. During the event, they plan to present an overview of Peabody’s strategic focus, business developments, and recent trends.
The company has provided an investor presentation as Exhibit 99.1, dated September 2025, which is incorporated by reference for informational purposes but is furnished rather than filed under securities laws. This means the materials are intended to share information with the market without being treated as part of Peabody’s formal financial statements or subject to certain liability provisions.
Peabody Energy Corporation has terminated its previously announced acquisition of Anglo American’s Australian metallurgical coal mines. The company had agreed in November 2024 to buy substantially all assets and businesses associated with these mines, including the Dawson complex, German Creek, Grosvenor, Roper Creek and Moranbah North, through a series of share and asset purchase agreements and related option and tag-along arrangements.
Following an ignition event at the Moranbah North mine on March 31, 2025 and subsequent notices of a Material Adverse Change, the issue remained uncured through the contractual MAC cure date of August 18, 2025. On August 19, 2025, Peabody sent formal notices terminating the Anglo purchase agreements, the Dawson option deed with BUMA, and the JFEMA tag sale agreement, effectively cancelling the entire transaction. The company also issued a press release the same day describing the termination.
Peabody Energy Corporation announced the promotion of Malcolm J. Roberts to Executive Vice President and Chief Commercial Officer, effective September 1, 2025. Mr. Roberts, age 51, has worked at the company since 2021 and served as Chief Marketing Officer since May 2023. His appointment is governed by an employment agreement with Peabody Energy Australia Coal Pty Ltd dated August 7, 2025.
Under the agreement Mr. Roberts will receive an annual base salary of $515,000, a short-term incentive target equal to 95% of base salary, and a long-term incentive target valued at approximately 195% of base salary, with STI and LTI payouts tied to company performance objectives approved by the Compensation Committee. The filing states there are no family relationships or reportable related transactions and that severance plan participation terms will apply.
Form 8-K highlights
- Item 2.02: Peabody Energy furnished a press release (Ex. 99.1) containing Q2-25 results and updated Q3/FY25 guidance. The release is treated as “furnished,” not “filed,” limiting §18 liability.
- Item 8.01: The Board declared a quarterly cash dividend of $0.075 per share, payable 3 Sep 2025 to holders of record 14 Aug 2025, reinforcing capital-return commitments.
- Exhibits: 99.1 (earnings release), 99.2 (dividend release), 104 (cover-page iXBRL).
No other material events, transactions or financial statements were reported.