Peabody Energy Corp
NYSE:BTU

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Peabody Energy Corp
NYSE:BTU
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Price: 30.68 USD 3.3% Market Closed
Market Cap: 3.7B USD

Peabody Energy Corp
Investor Relations

Peabody Energy Corp., rooted in the rich history of the coal industry, stands as a symbol of a sector that has powered global industrial growth for over a century. Founded in 1883, Peabody has etched its name as one of the largest private-sector coal companies in the world. The company primarily engages in the mining, sale, and distribution of coal, which it extracts from its sprawling mining operations across the United States and Australia. These regions boast vast and rich coal deposits, providing Peabody with a robust supply chain to fuel its operations. Known for its extensive portfolio, Peabody produces both thermal coal, used predominantly for electricity generation, and metallurgical coal, essential in steel manufacturing. This dual focus allows Peabody to cater to diverse markets and meet varying energy demands across the globe.

Central to Peabody’s business model is its strategic positioning and innovation in mining technology, ensuring efficient and environmentally conscious extraction processes. The company leverages advanced mining techniques and rigorous safety protocols, striving for operational excellence and sustainability amidst a challenging global landscape for fossil fuels. By optimizing logistics and investing in cleaner coal technologies, Peabody works not only to enhance its bottom line but also to align with shifting energy policies and consumer preferences for lower emissions. Through these efforts, Peabody seeks to secure its place in a transitioning energy sector, balancing legacy coal operations with an eye on future energy needs. The company generates revenue by negotiating long-term contracts with power producers, steel manufacturers, and industrial customers, positioning itself as an indispensable player in both traditional and emerging energy frameworks.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

Strong Operations: Peabody delivered another solid quarter with strong safety, shipment volumes, cost control, and a robust balance sheet.

Centurion Progress: The flagship Centurion mine's longwall startup is on track for next quarter, expected to significantly boost low-cost met coal output in 2026.

Rising Demand: U.S. coal demand is growing, driven by data center and manufacturing load growth, with coal plant utilization and multi-year customer commitments increasing.

Guidance Raised: Full year guidance for seaborne thermal and PRB volumes and costs was improved for the second straight quarter.

Financials Mixed: The company posted a $70.1 million net loss due to $54 million in Anglo acquisition termination costs, but generated nearly $100 million in adjusted EBITDA and $122 million in operating cash flow.

Rare Earths Initiative: Peabody accelerated efforts to assess rare earth and critical mineral potential in the PRB, with preliminary results to be shared in early 2025.

Shareholder Returns: Management emphasized focus on expanding free cash flow and returning value to shareholders as capital investment tapers.

Key Financials
Net Loss
$70.1 million
Diluted EPS
$-0.58
Adjusted EBITDA
$100 million
Operating Cash Flow
$122 million
Cash Position
$603 million
Total Liquidity
$950 million
Seaborne Thermal Adjusted EBITDA
$41 million
Seaborne Thermal Margin
17%
Seaborne Metallurgical Adjusted EBITDA
$28 million
U.S. Thermal Mines Adjusted EBITDA
$59 million
Powder River Basin Adjusted EBITDA
$52 million
Powder River Basin Shipments
up 10% year-over-year
Seaborne Thermal Benchmark Price (Q3)
up 8%
Premium Hard Coking Coal Benchmark Price (Q3)
$184 per metric ton
Met Coal Benchmark Price (current)
$195 per metric ton
Natural Gas Price (YTD average)
$3.45 per MMBtu
U.S. Coal Shipments (YTD)
up 7%
U.S. Generated Inventories
down 14% from last year
Federal Coal Royalty Rate Reduction
5.5%
Coal Plant Life Extensions (U.S.)
58 units, 46 GW
Operating Cash Flow (Q3)
$122 million
Seaborne Thermal Volumes (Q4 Guidance)
3.2 million tons
Seaborne Thermal Costs (Q4 Guidance)
$45–48 per ton
Seaborne Met Volumes (Q4 Guidance)
2.4 million tons
Seaborne Met Costs (Q4 Guidance)
$112.50 per ton
PRB Shipments (Q4 Guidance)
23 million tons
PRB Costs (Q4 Guidance)
$11.25 per ton
Other U.S. Thermal Shipments (Q4 Guidance)
3.6 million tons
Other U.S. Thermal Costs (Q4 Guidance)
$45 per ton
Full Year Seaborne Thermal Volumes Guidance
15.1–15.4 million tons
Full Year Seaborne Met Cost Guidance
$115 per ton (midpoint)
Full Year PRB Volumes Guidance
84–86 million tons
Full Year PRB Cost Guidance
$11.25–11.75 per ton
Full Year Other U.S. Thermal Volume Guidance
13.2–13.4 million tons
Full Year Other U.S. Thermal Cost Guidance
$45–49 per ton
Earnings Call Recording
Other Earnings Calls

Management

Mr. James C. Grech
President, CEO & Director
No Bio Available
Mr. Mark A. Spurbeck CPA
Executive VP & CFO
No Bio Available
Mr. Darren Ronald Yeates B Eng., FAICD, Grad Dip Mgt, GradDipAppFin, M.B.A.
Executive VP & COO
No Bio Available
Mr. Scott T. Jarboe J.D.
Chief Administrative Officer & Corporate Secretary
No Bio Available
Ms. Karla Kimrey
Vice President of Investor Relations
No Bio Available
Mr. Robert F. Bruer
Vice President of Tax Planning & Compliance
No Bio Available
Mr. Malcolm Roberts
Chief Marketing Officer
No Bio Available
Mr. Walter L. Hawkins Jr.
Senior Vice President of Finance
No Bio Available
Mr. Greg Vandiver
Senior Vice President of Sales & Marketing - Coalsales
No Bio Available
Mr. Patrick J. Forkin III
Chief Development Officer
No Bio Available

Contacts

Address
MISSOURI
St. Louis
701 Market St
Contacts