ST. LOUIS, May 23, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that workers at its Wambo and Wilpinjong Mines in New South Wales have recently approved new labor agreements. Together, the new agreements cover more than two-thirds of the company's high-value thermal coal exports from Australia."These new agreements were approved by an average of 80 percent, indicating a clear show of support from [...]
ST. LOUIS, May 18, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced the lease of 402 million tons of ultra low sulfur coal reserves adjacent to its North Antelope Rochelle Mine (NARM) in the Southern Powder River Basin of Wyoming. The company submitted the successful bid of $1.11 per mineable ton for control of the South Porcupine reserve area. The bid was conducted through a sealed bid auction process.The [...]
The Paragon Report Provides Stock Research on Peabody Energy and Patriot CoalNEW YORK, NY -- (Marketwire) -- 05/10/12 -- President Barack Obama has continued to show strong support of energy development in the U.S., but recently failed to mention the coal industry in his State of the Union address or during a recent tour promoting his policies. According to the National Mining Association the Obama administration [...]
ST. LOUIS, May 1, 2012 /PRNewswire/ -- Peabody Energy
today announced that all 11 directors were re-elected for one-year terms at the company's 2012 annual meeting of shareholders.
Re-elected directors are:
-- Gregory H. Boyce, Chairman and Chief Executive Officer of Peabody Energy; -- William A. Coley, former Chief Executive Officer of British Energy Group plc; -- William E. James
ST. LOUIS, May 1, 2012 /PRNewswire/ -- Peabody Energy
Chairman and Chief Executive Officer Gregory H. Boyce announced at the company's annual shareholders meeting that 2011 marked the best year in Peabody Energy's 129-year history. The company achieved its strongest safety performance and best financial results on record.
'Best practices in safety and operations drive strong results,' said Boyce. 'Since 2007, our revenues
ST. LOUIS, May 1, 2012 /PRNewswire/ -- 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 June 5, 2012, to holders of record on May 15, 2012.
Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. The company serves metallurgical and thermal
HONG KONG -- (Marketwire) -- 04/23/12 -- Today, www.EquityLeader.com introduced research coverage of Peabody Energy Corporation (NYSE: BTU) and Hercules Offshore, Inc. (NASDAQ: HERO). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=BTU&sm2=HERO.
Five Star Equities Provides Stock Research on Alpha Natural Resources and Peabody EnergyNEW YORK, NY -- (Marketwire) -- 04/19/12 -- The Coal Industry has been hit hard recently as a glut of natural gas, and slow growth in China has threatened demand. The PowerShares Global Coal fund has fallen more than 34.3% over the last year. Five Star Equities examines the outlook for companies in the Coal Mining Industry and [...]
- Australian revenues increase 48%, driving 17% rise in consolidated revenues to $2.04 billion- EBITDA rises 18% to $513 million- Operating profit increases 11% to $350 million and operating cash flows rise 79% to $396 million- Diluted EPS from continuing operations totals $0.64 with adjusted diluted EPS of $0.67
ST. LOUIS, April 13, 2012 /PRNewswire/ -- Peabody Energy
announced today that employees at the North Goonyella Mine in Queensland's Bowen Basin overwhelmingly approved a new enterprise agreement on April 11, 2012.
Successful conclusion of the labor negotiations follows several months of constructive discussions between the mine and the workforce. The new three-year agreement builds on the base of improvements gained at
ST. LOUIS, April 5, 2012 /PRNewswire/ -- On Thursday, April 19, 2012, Peabody Energy will announce the results for the quarter ended March 31, 2012. A conference call with management is scheduled for 10 a.m. CDT on Thursday, April 19.
Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1092 International (612
ST. LOUIS, April 2, 2012 /PRNewswire/ -- Peabody Energy
today announced its endorsement and participation in CORESafety, a new safety and health management system developed by member companies of the National Mining Association (NMA) for the U.S. mining industry.
CORESafety is the result of nearly two years of collaboration among NMA member company safety professionals to achieve an industry goal established in 2010 by a task force of CEOs from America's leading mining firms to eliminate fatalities and reduce the rate of mining injuries by 50 percent within five years.
The NMA Board of Directors is chaired by Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce.
'The launch of CORESafety is a milestone for the U.S. mining industry,' said Boyce. 'Companies employing more than 100,000 Americans have come together to share world-class safety practices and resources. We have collaborated to design a system that provides a pathway for achieving breakthrough performance in safety by our industry and serves as a model both in the United States and globally. I am proud to chair the NMA Board as we advance safety as a core value, a foundation of operational excellence and a way of life.'
CORESafety is a mining-specific system built from the most effective safety and health workplace practices worldwide to prevent accidents before they happen. It uniquely incorporates leadership and cultural enhancement to instill a proactive approach toward risk assessment and management. The system is adaptable to the operations of all mining companies and designed to complement existing safety practices.
Peabody Energy emphasizes communications, training and prevention to drive its vision of a workplace without injuries, occupational illnesses, property damage or near misses. The company has achieved four consecutive years of record safety results. Peabody delivered its best global safety performance in 2011 with an incidence rate of 1.92 per 200,000 work hours, marking a 29 percent improvement over the prior year, and the company is in the beginning stages of implementing CORESafety.
NMA is the national trade association for U.S. mining companies that produce coal and minerals as well as equipment and service providers to U.S. mining. Find more information at www.CORESafety.org.
Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2011 sales of 251 million tons and $8 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity.
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