Peabody announced today that its Board of Directors has declared a quarterly dividend on its common stock of $.075 per share, payable on May 31, 2023 to stockholders of record on May 11, 2023. Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For [...]
On Thursday, April 27, 2023, Peabody will announce results for the quarter ended March 31, 2023. A conference call with management is scheduled for 10 a.m. CT on Thursday, April 27, 2023. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers [...]
$1 Billion Share Repurchase Authorization Amendment to Surety Program Peabody today announced that its Board of Directors has approved a new shareholder return framework which includes a share repurchase plan, a fixed quarterly cash dividend and a variable quarterly cash dividend component. The Board also approved a new share repurchase program authorizing repurchases of up to $1.0 billion of BTU common stock [...]
Peabody today provided an update following yesterday's fire at Shoal Creek Mine near Birmingham, Alabama. Peabody is continuing to work with the Mine Safety and Health Administration on a reentry plan. Gas monitoring of exhaust air is showing acceptable air quality and atmospheric conditions within the mine. Shoal Creek is in a ramp-up period throughout 2023 and expecting delivery of a new longwall kit during the second [...]
Peabody today confirmed a fire that began earlier today at its Shoal Creek Mine involving void fill material utilized to stabilize the roof structure of the mine. The Shoal Creek Mine is near Jefferson, Walker, and Tuscaloosa counties in Alabama. All mine personnel have now been safely evacuated from the mine. The Mine deployed a team of firefighters to address the incident; at the time that team evacuated the mine, they [...]
Reports Record Earnings; Retires All Senior Secured Debt Generates Fourth Quarter Operating Cash Flow of $670 million and Record Free Cash Flow1 of $580 million Peabody today reported fourth quarter net income attributable to common stockholders of $632.0 million, or $3.92 per diluted share, compared to $513.0 million, or $3.93 per diluted share, in the prior year quarter. Peabody's fourth quarter 2022 results included a [...]
ST. LOUIS , Jan. 31, 2023 /PRNewswire/ -- On Tuesday, February 14, 2023, Peabody will announce results for the quarter ended December 31, 2022. A conference call with management is scheduled for 10 a.m. CT on Tuesday, February 14, 2023. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also [...]
PIC AU Holdings and PIC AU Holdings Corp announced the expiration and final results of their previously announced offer to purchase for cash up to $81.6 million in aggregate principal amount of their 10.000% Senior Secured Notes due 2024 at a purchase price equal to 105.91% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest as set forth in the Indenture , to, but excluding, the [...]
PIC AU Holdings and PIC AU Holdings Corporation announced that they have increased the aggregate principal amount of their previously announced offer to purchase their 10.000% senior secured term loan due 2024 at a weighted average purchase price of 105.91% of par, in accordance with the Credit Agreement, dated as of January 29, 2021, among the Co-Issuers, as co-borrowers, the lenders party thereto from time to time and [...]
Peabody today reported net income attributable to common stockholders of $375.1 million, or $2.33 per diluted share, for the third quarter of 2022, compared to a net loss attributable to common stockholders of $44.2 million, or $0.38 per diluted share in the prior year quarter. Peabody's third quarter 2022 results included a $90.4 million unrealized mark-to-market gain related to its coal hedging activities. Peabody had [...]
Wholly-owned subsidiaries of Peabody, PIC AU Holdings LLC, a Delaware limited liability company, and PIC AU Holdings Corporation, a Delaware corporation , today announced that they have extended the expiration date of their previously announced offer to purchase for cash any and all of the $81,550,000 outstanding principal amount of their 10.000% Senior Secured Notes due 2024 , at a purchase price equal to 105.91% of the [...]
On Thursday, November 3, 2022, Peabody will announce results for the quarter ended September 30, 2022. A conference call with management is scheduled for 10 a.m. CT on Thursday, November 3, 2022. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone [...]