Peabody Energy Corporation (BTU)

NYSE - Nasdaq Real Time Price. Currency in USD

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21.12

-0.21

(-1.00%)

At close: 04:00PM EDT

21.18

+0.06

(+0.30%)

After hours:

07:54PM EDT

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J
Pro coal ruling and all coal stocks selling off. What are we missing?
A
Down to $17 or even as low as $14
J
CONGRESS ALONE CAN REGULATE EMISSIONS
HUGE WIN FOR COAL!
N
can somebody explain to me how crude oil is going up but all oil and energy stocks are red across the board?
J
supreme court decision just out...EPA DOES NOT HAVE POWER TO REGULATE CO2 IN POWER GENERATION!!!
V
Wait a day or 2 for SCOTUS decision in West Virginia v EPA
T
BTU offering to buy back more secured debt
C
And green stocks are rocketing. Go figure...
greenee ENPH.. that barely make anything is soaring.
WITH Market Cap of $26 BILLION and P/E OF
160 [ONE HUNDRED AND SIXTY]. Folks that is
16 times bigger than BTU's P/E!!!
Check greenee SPWR - P/E of 360!
A
If you look at the 4hr chart, the stock price has flirted with 20.30 resistance 7-8 times since March, if it fails… next stop $19. If that fails… SELL! and look to position at lower price.
R
I scratch my head why BTU is not up after the Supreme court ruled against the EPA on coal plants? Watch major coal using states halt all retirements - Heck they may even bring some idled plants back up!
A
One more week till new 52 wk high, sometime next week.
B
Never stops going down
R
I am still flabbergasted thermal coal stocks are not up huge with Supreme Court ruling. But no matter - long-term holders will be rewarded. Too bad BTU not buying back stock. But at least when they report Q2 we should see a huge improvement in net debt (going to net cash?). I think a lot of their collateral is off balance sheet so as they deliver financial hedge volumes cash gets released. In 2023 BTU should made a big to buy all of its 2024 notes that restrct dividends/buybacks - But that time BTU should be large net cash position, plus collateral will be irrelevant (less than 0.7 mm tons in 2023 I think).
R
Thermal coal at record prices. Europe reactivating coal fired plants and due to lack of thermal coal some power plants will look to burn met coal. Met coal is normally twice as expensive as thermal (for good reason being way better quality), but steel demand weakish and met coal may be down more if not for as a alterntaive to thermal coal. BTU generating gobs of cash and colateral falls every day - really a near ZERO issue now due to both deliverieis and restructuring of a portion to fixed physical contracts. BTU will buy back more high coupon debt that will be very good for forward earnings and free cash flow. I hope by year-end BTU offers to buy all the 2024 notes and then start a dividend/buyback program in early 2023.
A
well boys, do you think BTU may go to 25
j
https://www.reuters.com/business/energy/spot-australian-thermal-coal-has-surged-contract-price-is-key-russell-2022-06-28/
A
We can go back and forth on this chat about BTU price, hope we all make money. But the fundamentals for the industry have not changed when we look at macro geopolitical and energy concerns. Future is good for coal in the next 6-12 months
Bullish
C
West Virginia is trying to protect America against
commie inspired overreach by the EPA.
FACT: America air is more than 57% cleaner than it
was 5 years ago.
It hopes the Supreme Court will rule in favor of
honesty and Americana rights to live in peace.
j
Lng plant needs biden administration approval to re start
I wonder if he's screwing over Europe on purpose with delays
C
BTU BUYING BACK DEBT WITH PROFITS IS
ultimately better than bonuses for hqtrs,
and/or stock buybacks, etc.
PS
1 of these days investors are going to be "hit"
with idea for paradigm shift of Biblical proportions.
Energy is what makes EVERYTHING America
able to happen.