BTU - Peabody Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
15.50
-1.53 (-8.98%)
At close: 4:05PM EDT
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Previous Close17.03
Open16.73
Bid15.45 x 800
Ask15.51 x 3000
Day's Range15.32 - 16.91
52 Week Range15.32 - 42.54
Volume1,911,381
Avg. Volume1,032,945
Market Cap1.606B
Beta (3Y Monthly)0.90
PE Ratio (TTM)3.63
EPS (TTM)4.26
Earnings DateN/A
Forward Dividend & Yield0.58 (3.41%)
Ex-Dividend Date2019-08-20
1y Target Est25.50
Trade prices are not sourced from all markets
  • MarketWatch

    Peabody Energy's stock tumbles toward record low after terminating cash buybacks of debt

    Shares of Peabody Energy Corp. sank 8.1% toward a record low in afternoon trading Friday, after the coal miner said a terminated its cash tender offers to buy back debt, saying the markets didn't cooperate. "The company noted that, at this particular time, the debt markets do no accommodate a path toward completing the offers and achieving the company's refinancing objectives in an economic fashion," Peabody said in a statement late Wednesday. "The company intends to pursue alternative means to accomplish its longer-term objectives in a manner that adds value to the enterprise." Earlier this week, the company said it completed an upsizing of its revolving credit facility, to help enable the pending Arch Coal Inc. joint venture. On Friday, Peabody "confirmed its commitment" to the Arch Coal JV, saying it continues to progress through the regulatory approval process. Arch Coal's stock dropped 5.2% toward the lowest close since Oct. 30, 2017. Year to date, Peabody shares have slumped 48.7% and Arch Coal's stock has lost 13.2%, while the S&P 500 has gained 19.3%.

  • Statement From Peabody Confirming Commitment To Pending PRB/Colorado Joint Venture
    PR Newswire

    Statement From Peabody Confirming Commitment To Pending PRB/Colorado Joint Venture

    ST. LOUIS, Sept. 20, 2019 /PRNewswire/ -- Peabody (BTU) today confirmed its commitment to the pending PRB/Colorado JV with Arch Coal, which continues to progress through the regulatory approval process.  The company looks forward to continuing to take the steps needed to advance the highly accretive transaction in a timely and effective manner to add value to the enterprise. This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts.

  • Peabody Announces Termination Of Previously Announced Tender Offers And Concludes Current Refinancing Activities
    PR Newswire

    Peabody Announces Termination Of Previously Announced Tender Offers And Concludes Current Refinancing Activities

    ST. LOUIS, Sept. 19, 2019 /PRNewswire/ -- Peabody (BTU) announced today that it has concluded its current refinancing activities. As part of these actions, the company has terminated its previously announced cash tender offers (the "Offers") to purchase (i) any and all of its $500,000,000 in outstanding aggregate principal amount of 6.000% Senior Secured Notes due 2022 (the "2022 Notes") and (ii) any and all of its $500,000,000 in outstanding aggregate principal amount of 6.375% Senior Secured Notes due 2025 (the "2025 Notes" and, together with the 2022 Notes, the "Notes"). The company noted that, at this particular time, the debt markets do not accommodate a path toward completing the offers and achieving the company's refinancing objectives in an economic fashion.

  • Peabody Closes On $565 Million Revolving Credit Facility
    PR Newswire

    Peabody Closes On $565 Million Revolving Credit Facility

    ST. LOUIS, Sept. 17, 2019 /PRNewswire/ -- Peabody (BTU) announced today that it successfully completed an upsizing of its revolving credit facility with additional commitments of $215 million (aggregate facility size of $565 million) and extended the maturity date for $540 million of the facility to 2023 as part of a comprehensive refinancing initiative.  Additionally, the credit facility was amended to permit the company's pending PRB/Colorado joint venture with Arch Coal, Inc. The company's revolving credit facility will bear interest at a rate determined by a pricing grid based on first lien leverage, and the financial covenant is unchanged. This press release contains forward-looking statements within the meaning of the securities laws.

  • Moody's

    Peabody Energy Corporation -- Moody's assigns Ba3 rating to Peabody Energy's proposed secured notes

    Moody's Investors Service ("Moody's") assigned a Ba3 rating to Peabody Energy Corporation's ("Peabody") proposed $900 million Senior Secured Notes. Proceeds from the offering, combined with funds from existing cash balances, will be used to repurchase and redeem approximately $1 billion of senior secured notes being tendered by the company. "Peabody's revised deal structure will lower debt balances by about $100 million, extend debt maturities, and pave the way for the proposed joint venture with Arch Coal," said Ben Nelson, Moody's Vice President -- Senior Credit Officer and lead analyst for Peabody Energy Corporation.

  • Peabody Announces Private Offering Of $900 Million Of Senior Secured Notes
    PR Newswire

    Peabody Announces Private Offering Of $900 Million Of Senior Secured Notes

    ST. LOUIS , Sept. 16, 2019 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that it intends, subject to market and other conditions, to offer and sell to eligible purchasers $900 million of senior secured ...

  • Peabody Announces Receipt Of Requisite Consents With Respect To Its Tender Offers And Consent Solicitations For Its 6.000% Senior Secured Notes Due 2022 And 6.375% Senior Secured Notes Due 2025
    PR Newswire

    Peabody Announces Receipt Of Requisite Consents With Respect To Its Tender Offers And Consent Solicitations For Its 6.000% Senior Secured Notes Due 2022 And 6.375% Senior Secured Notes Due 2025

    ST. LOUIS , Sept. 11, 2019 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that, as of 5:00 p.m. , New York City time, on September 11, 2019 (the " Consent Payment Deadline "), as reported ...

  • Coal Industry Players Continue to Fight a Losing Battle
    Zacks

    Coal Industry Players Continue to Fight a Losing Battle

    Coal Industry Players Continue to Fight a Losing Battle

  • How Good Is Peabody Energy Corporation (NYSE:BTU) At Creating Shareholder Value?
    Simply Wall St.

    How Good Is Peabody Energy Corporation (NYSE:BTU) At Creating Shareholder Value?

    Today we'll evaluate Peabody Energy Corporation (NYSE:BTU) to determine whether it could have potential as an...

  • American Coal Giant Peabody Plummets on Poor Earnings Outlook
    Motley Fool

    American Coal Giant Peabody Plummets on Poor Earnings Outlook

    The outlook for America's coal industry continues to look grim.

  • Rhino Resource (RHNO) Set to Sell Pennyrile Mining Complex
    Zacks

    Rhino Resource (RHNO) Set to Sell Pennyrile Mining Complex

    Rhino Resource Partners (RHNO) decides to sell the Pennyrile Mining Complex to remain competitive and lower operating costs.

  • Peabody Energy (BTU) Feels the Heat of Low Price & Shipments
    Zacks

    Peabody Energy (BTU) Feels the Heat of Low Price & Shipments

    Peabody Energy (BTU) expects third-quarter performance to be weak sequentially due to lower pricing and shipments.

  • Moody's

    Peabody Energy Corporation -- Moody's assigns ratings to Peabody's proposed refinancing debt

    Moody's Investors Service ("Moody's") affirmed Peabody Energy Corporation's ("Peabody") Ba3 Corporate Family Rating ("CFR"), assigned Ba3 ratings to the company's proposed $1.5 billion senior secured credit facilities, and assigned a B2 rating to the company's proposed $500 million senior unsecured notes. Proceeds from the proposed $900 million term loan and $500 million notes will be used to help refinance existing secured debt.

  • TheStreet.com

    Peabody Shares Plummet as Coal Giant Lowers Third-Quarter Outlook

    The nation's largest coal company cited a number of factors pushing down sales and earnings in the third quarter, including a mining venture that has proven more challenging than anticipated.

  • Reuters

    UPDATE 1-Peabody expects third quarter to be hit by lower demand, prices

    Coal producer Peabody Energy Corp said on Thursday it expected third-quarter earnings to be lower than the second quarter due to lower demand and prices as well as a delay in ramping up production at its Queensland mine in Australia. Peabody's warning comes just months after the company said it expects progressive rise in both seaborne thermal and metallurgical coal volumes in the second half of the year.

  • Peabody Announces Cash Tender Offers For Any And All Of Its Outstanding 6.000% Senior Secured Notes Due 2022 And 6.375% Senior Secured Notes Due 2025
    PR Newswire

    Peabody Announces Cash Tender Offers For Any And All Of Its Outstanding 6.000% Senior Secured Notes Due 2022 And 6.375% Senior Secured Notes Due 2025

    Peabody is pursuing the Offers, subject to market conditions and other factors, as part of a refinancing initiative to accommodate the pending PRB/Colorado joint venture with Arch Coal.  Additionally, the Offers are expected to increase the company's financial flexibility and extend debt maturities.  The company remains committed to its previously stated liquidity and gross debt targets.

  • Here's What We Like About Peabody Energy Corporation (NYSE:BTU)'s Upcoming Dividend
    Simply Wall St.

    Here's What We Like About Peabody Energy Corporation (NYSE:BTU)'s Upcoming Dividend

    Peabody Energy Corporation (NYSE:BTU) stock is about to trade ex-dividend in 4 days time. Ex-dividend means that...

  • Are Investors Undervaluing Peabody Energy Corporation (NYSE:BTU) By 46%?
    Simply Wall St.

    Are Investors Undervaluing Peabody Energy Corporation (NYSE:BTU) By 46%?

    In this article we are going to estimate the intrinsic value of Peabody Energy Corporation (NYSE:BTU) by taking the...

  • Alliance Resource (ARLP) to Cease Production at Dotiki Mine
    Zacks

    Alliance Resource (ARLP) to Cease Production at Dotiki Mine

    Alliance Resource (ARLP) is focusing on low-cost mines in Illinois Basin to meet full-year production expectations.

  • Barrons.com

    Coal Stock Peabody Energy Has Fallen, but Its Largest Holder Is Buying Up Shares

    Subsidiaries of hedge fund Elliott Management have bought millions of dollars of the coal miner’s shares, which have lost nearly half their value this year.

  • Peabody Increases Quarterly Dividend Per Share To $0.145
    PR Newswire

    Peabody Increases Quarterly Dividend Per Share To $0.145

    ST. LOUIS, Aug. 7, 2019 /PRNewswire/ -- Peabody (BTU) announced today that its board of directors has declared a quarterly dividend of $0.145 per share on the company's common stock, payable on Sept. 11, 2019 to shareholders of record on Aug. 21, 2019. Today's dividend announcement is a $0.005 per share increase from the prior quarter and represents the fourth increase to the company's dividend per share in just over a year.  Since initiation, the company's dividend per share has increased approximately 26 percent in recognition of continued strong cash flows. Peabody (BTU) is the leading global pure-play coal company and a member of the Fortune 500, serving power and steel customers in more than 25 countries on six continents.  The company offers significant scale, high-quality assets, and diversity in geography and products.  Peabody is guided by seven core values: safety, customer focus, leadership, people, excellence, integrity and sustainability.  For further information, visit PeabodyEnergy.com.