ST. LOUIS, Nov. 9, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that it has reached a resolution with the New York Attorney General's (NYAG) office regarding the company's disclosures involving climate change. Following an extensive eight-year investigation initially discussed in the company's 2007 disclosures, Peabody has agreed to amend its disclosures. There is no other action associated with this [...]
- Third quarter revenues of $1.42 billion lead to Adjusted EBITDA of $129.0 million - Diluted Loss Per Share from Continuing Operations totals $(8.08); Adjusted Diluted EPS totals $(8.13) - U.S. Mining segments deliver gross margins averaging 26% - Third quarter Australian results increase over prior year while costs decline 28% to $48.11 per ton - Lowering 2015 U.S. volume guidance by 5 million tons; Reducing annual [...]
ST. LOUIS, Oct. 22, 2015 /PRNewswire/ -- The Board of Directors of Peabody Energy (NYSE: BTU) today elected Robert A. Malone to the non-executive role of Chairman of the Board, effective Jan. 1, 2016. The veteran executive has been serving as Lead Independent Director of Peabody since January 2013. He will succeed Gregory H. Boyce, who will retire from Peabody effective Dec. 31, 2015, concluding a comprehensive [...]
ST. LOUIS, Oct. 13, 2015 /PRNewswire/ -- On Tuesday, Oct. 27, 2015, Peabody Energy (NYSE: BTU) will announce the results for the quarter ended Sept. 30, 2015. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, Oct. 27. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1085 International (612) 288-0337 The call, replay and other investor [...]
ST. LOUIS, Sept. 16, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced a 1-for-15 reverse stock split on shares of the company's common stock. Authorization to implement the reverse stock split was approved by Peabody shareholders at a special meeting held earlier today. "We thank our shareholders for their continued support as we work through these challenging times," said President and Chief Executive [...]
ST. LOUIS, Aug. 4, 2015 /PRNewswire/ -- Peabody Energy President and Chief Executive Officer Glenn Kellow today announced that A. Verona Dorch has been named Executive Vice President, Chief Legal Officer, Government Affairs and Corporate Secretary. Dorch will have executive responsibility for providing comprehensive legal counsel for Peabody business activities and will lead the company's global legal and government [...]
ST. LOUIS, Aug. 3, 2015 /PRNewswire/ -- Peabody Energy today urged further action by courts, Congress, states, consumer groups and industrial/residential electricity customers to turn back the Environmental Protection Agency's (EPA) rules to reduce carbon dioxide emissions on electricity generating plants. Studies show the rules will punish American families and businesses with higher energy costs and damage electric [...]
- Second quarter revenues of $1.34 billion lead to Adjusted EBITDA of $87.0 million, including $21.2 million in restructuring charges - Diluted loss per share from Continuing Operations totals $(3.71) including $(3.06) in impairments; Adjusted Diluted EPS totals $(0.65), including $(0.07) from restructuring - Second quarter Australian costs improve 28% to $52 per ton; Australian margins expand to $6.48 per ton as cost [...]
ST. LOUIS, July 15, 2015 /PRNewswire/ -- On Tuesday, July 28, 2015, Peabody Energy (NYSE: BTU) will announce the results for the quarter ended June 30, 2015. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, July 28. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 International (612) 234-9960 The call, replay and other investor [...]
ST. LOUIS, July 8, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) confirms it has entered into a sale and purchase agreement with Sekitan Resources Pty, Ltd., a wholly owned subsidiary of Exergen Pty, Ltd., to sell Peabody's Wilkie Creek Mine and other associated assets in Queensland's Surat Basin. The transaction has an aggregate value for Peabody of up to US$75 million including cash of up to $20 million and assumption [...]
ST. LOUIS, July 1, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that it has named longstanding financial executive Amy Schwetz to Executive Vice President and Chief Financial Officer. Schwetz replaces Michael Crews, who has announced plans to step down by the end of July to take the top financial position at a major industrial firm. "Amy is a skilled financial veteran and recognized leader within [...]
ST. LOUIS, June 30, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that second quarter 2015 Adjusted EBITDA and Adjusted EPS are now expected to be below the original targeted range due to weather-related shipment issues in the Southern Powder River Basin and lower seaborne coal pricing. Peabody expects a timing-related impact of approximately $40 million in the second quarter as a result of a series of [...]