On Tuesday, Jan. 27, 2015, Peabody Energy will announce the results for the year ended Dec. 31, 2014. A conference call with management is scheduled for 10 a.m. CST on Tuesday, Jan. 27. Participants may access the call using the following phone numbers: U.S. & Canada: (800) 230-1059, International: (612) 234-9959
Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce has been named CEO of the Year, and the company has been named Energy Company of the Year, at the Global Energy Awards in New York. The annual program recognizes exemplary industry leadership around the world. The Energy Company of the Year award is the program's highest honor, recognizing all-around excellence in executing a total energy strategy. A [...]
Coal-fueled power plants operated by Dynegy Inc. and Southwestern Electric Power Company, a unit of American Electric Power (AEP), were honored for leadership in deploying advanced technologies that deliver ultra-low emissions as part of Peabody Energy's inaugural Advanced Energy for Life "Clean Coal Awards." Presented at the Power-Gen International Awards Banquet in Orlando, Fla., the honors recognize the best [...]
Peabody Energy today announced an agreement to establish a joint venture between Peabody's Wambo Open-Cut Mine and Glencore's United Mine in New South Wales, Australia. The joint venture is expected to deliver significant synergies by improving productivity, lowering costs and extending mine life. The 50-50 joint venture will combine Wambo's Open-Cut mining operations with United's adjacent reserves in the Hunter Valley [...]
Peabody Energy today commended the G20 leaders' communique for its focus on global economic growth, poverty eradication in low-income and developing countries and increased international collaboration on energy policy. Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce said the core themes of the communique, issued after the leaders' summit in Brisbane on Sunday, were closely aligned with the mission [...]
Peabody Energy today applauded the announcement of China and the United States in recognizing the vital role coal plays in the global energy structure by supporting today's clean coal technologies and next-generation carbon capture, utilization and storage technologies (CCUS). The statements of strong support for coal were included in a new agreement announced by the White House and Chinese government in connection with [...]
Peabody Energy President and Chief Operating Officer Glenn Kellow today appealed to world leaders to recognize the world's tremendous need for energy, the importance of a balanced fuel portfolio to address vast energy inequality, and the critical role technology-led solutions must play in meeting the world's environmental objectives during a keynote address at the Brisbane Global Cafe. "As leaders of G20 member nations [...]
Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce today offered a five-point policy plan to address the immediate needs of the energy impoverished and longer term energy needs from global growth, citing valuable lessons learned from three major Asia-Pacific Economic Cooperation (APEC) nations. During a wide-ranging discussion with heads of state and CEOs at the 2014 APEC CEO Summit in Beijing, Boyce [...]
The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on Nov. 26, 2014, to holders of record on Nov. 6, 2014. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. The company serves metallurgical and thermal coal customers in more [...]
- Third quarter revenues of $1.72 billion lead to Adjusted EBITDA of $216 million - Diluted Loss Per Share from Continuing Operations of $(0.58) with Adjusted Diluted EPS of $(0.59) - Australian costs per ton lowest since early 2011; Lowering 2014 Australian cost target to approximately $70 per ton - Quarterly operating cash flows rise to $169.8 million; Reducing 2014 capital spending targets to $200 to $220 million [...]
Bill Rusnack, a member of the Peabody Energy Board of Directors, has been named a recipient of the St. Louis Business Journal's third annual Outstanding Directors Awards. Rusnack, a Peabody board member since 2002, is the Chair of the Audit Committee, and a member of the Compensation and Executive Committees of Peabody's board. "Bill has long been one of St. Louis' most preeminent business leaders and is an invaluable [...]
Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce today was honored for a lifetime of contributions to the global coal industry to advance sustainable mining, energy access and clean coal solutions at the 34th Coaltrans World Conference in Copenhagen. The recognition coincided with Boyce's keynote address urging world industry leaders to fight energy inequality with greater use of 21st century coal [...]