ST. LOUIS, April 20, 2017 /PRNewswire/ -- On Thursday, May 4, 2017, Peabody (NYSE: BTU) will announce the results for the quarter ended March 31, 2017. A conference call with management is scheduled for 10 a.m. CDT on Thursday, May 4. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 International (612) 288-0340 The call, replay and other investor data will [...]
ST. LOUIS, April 17, 2017 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that it will retain the Metropolitan metallurgical coal mine and its associated 16.67 percent interest in Port Kembla Coal Terminal in the company's portfolio, after proposed purchaser South32 terminated the purchase contract after it was unable to obtain clearance from the Australian Competition and Consumer Commission (ACCC) within the [...]
ST. LOUIS, April 6, 2017 /PRNewswire/ -- Peabody today presented findings from a third-party study demonstrating that the Navajo Generating Station (NGS) can continue to be competitive with natural gas and other coal-fueled power plants through 2040. The conclusions counter suggestions that natural gas would render the plant uncompetitive and are based on a reduced-price fuel proposal by Peabody and a long-term analysis [...]
ST. LOUIS, April 3, 2017 /PRNewswire/ -- Peabody announced today that it has emerged from Chapter 11 protection with a transformed capital structure, including new equity that is expected to begin trading tomorrow on the New York Stock Exchange under the ticker symbol BTU. "We believe that 'The New BTU' is well positioned to create substantial value for shareholders and other stakeholders over time," said Peabody [...]
ST. LOUIS, April 3, 2017 /PRNewswire/ -- Peabody Energy provided an update on effects of Cyclone Debbie in Australia on the logistics chain related to the company's metallurgical coal mines in Queensland, following the announcement earlier today by the third-party rail provider serving the region. While Peabody's mines have recommenced operations, outages of the rail system are preventing coal shipments from mine to port [...]
ST. LOUIS, March 30, 2017 /PRNewswire/ -- Peabody Energy today announced Holly Krutka, Ph.D, has been named Vice President of Coal Generation and Emissions Technologies, reporting to Charles Meintjes, Executive Vice President – Corporate Services and Chief Commercial Officer. She will join the company April 3. In her new role, Dr. Krutka will work to help protect and enhance the existing U.S. coal fleet as well as [...]
ST. LOUIS, March 20, 2017 /PRNewswire/ -- Peabody Energy has been named coal mining company of the year for 2017 by United Kingdom-based Corporate LiveWire, recognizing the company's excellence in safety performance, environmental stewardship and leadership in advancing technology solutions. The honors were given by a panel of judges as part of Corporate LiveWire's annual awards program. The inaugural Energy [...]
Significant Milestone Backed By Overwhelming Consensus Positions Peabody for Emergence ST. LOUIS, March 16, 2017 /PRNewswire/ -- Peabody Energy announced today that the judge presiding over the company's Chapter 11 process in United States Bankruptcy Court for the Eastern District of Missouri has ruled that he intends to confirm the company's amended plan of reorganization after finalization of language regarding a [...]
ST. LOUIS, March 15, 2017 /PRNewswire/ -- Peabody Energy announced today that Charles Meintjes has been named to the new position of Executive Vice President – Corporate Services and Chief Commercial Officer. George Schuller Jr. will succeed Meintjes as Peabody Energy President – Australia. Both positions will report to President and Chief Executive Officer Glenn Kellow as part of a six-member executive [...]
ST. LOUIS, March 6, 2017 /PRNewswire/ -- Peabody Energy announced today it has chosen a path for future coal mine reclamation bonding requirements upon emergence from Chapter 11. While Peabody believes it continues to qualify for self-bonding, the company is choosing to support its coal mine reclamation bonding requirements through third-party bonding facilities. "We are pleased to reach a bonding solution that we [...]
ST. LOUIS, March 6, 2017 /PRNewswire/ -- Peabody Energy today announced that the company's board of directors that would serve following emergence from Chapter 11 has been selected. The new board will be designated as part of the company's amended plan of reorganization, which is expected to be filed later today with the U.S. Bankruptcy Court for the Eastern District of Missouri. Subject to the court confirming the [...]
ST. LOUIS, Feb. 15, 2017 /PRNewswire/ -- Peabody Energy announced today the closing of its previously announced private offering of $1.0 billion aggregate principal amount of senior secured notes, consisting of $500 million of 6.000% senior secured notes due 2022 and $500 million of 6.375% senior secured notes due 2025. The net proceeds of the offering have been funded into an escrow account pending Peabody's emergence [...]
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