BTU - Peabody Energy Corporation
| Previous Close | 22.61 |
| Open | 22.53 |
| Bid | 22.79 x 900 |
| Ask | 22.80 x 800 |
| Day's Range | 22.53 - 22.90 |
| 52 Week Range | 21.42 - 44.77 |
| Volume | 747,679 |
| Avg. Volume | 774,653 |
| Market Cap | 2.433B |
| Beta (3Y Monthly) | 0.85 |
| PE Ratio (TTM) | 4.79 |
| EPS (TTM) | 4.74 |
| Earnings Date | Jul 31, 2019 |
| Forward Dividend & Yield | 0.56 (2.48%) |
| Ex-Dividend Date | 2019-05-21 |
| 1y Target Est | 34.14 |
- Simply Wall St.•3 days ago
Does Peabody Energy Corporation (NYSE:BTU) Have A Volatile Share Price?
If you're interested in Peabody Energy Corporation (NYSE:BTU), then you might want to consider its beta (a measure of...
- Zacks•4 days ago
United Airlines, Peabody Energy, IBM, Microsoft and Netflix highlighted as Zacks Bull and Bear of the Day
United Airlines, Peabody Energy, IBM, Microsoft and Netflix highlighted as Zacks Bull and Bear of the Day
- PR Newswire•10 days ago
Peabody to announce results for the quarter ended June 30, 2019
ST. LOUIS , July 10, 2019 /PRNewswire/ -- On Wednesday, July 31, 2019 , Peabody (NYSE: BTU) will announce results for the quarter ended June 30 , 2019. A conference call with management is scheduled for ...
- Zacks•19 days ago
SunCoke Energy's MLP Acquisition to Lower Cost of Operation
SunCoke Energy (SXC) acquired its MLP subsidiary with 9.3% premium share value to the partnership's unitholders.
- Simply Wall St.•23 days ago
Are Peabody Energy Corporation's (NYSE:BTU) Interest Costs Too High?
Peabody Energy Corporation (NYSE:BTU) is a small-cap stock with a market capitalization of US$2.6b. While investors...
- Simply Wall St.•26 days ago
Is Peabody Energy Corporation (NYSE:BTU) A Smart Choice For Dividend Investors?
Could Peabody Energy Corporation (NYSE:BTU) be an attractive dividend share to own for the long haul? Investors are...
- Simply Wall St.•26 days ago
How Does Peabody Energy Corporation (NYSE:BTU) Stand Up To These Simple Dividend Safety Checks?
Could Peabody Energy Corporation (NYSE:BTU) be an attractive dividend share to own for the long haul? Investors are...
- Insider Monkey•29 days ago
Is Peabody Energy Corporation (BTU) A Good Stock To Buy?
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the […]
- Zacks•last month
Can Peabody & Arch Coal JV Counter Drop in Coal Demand?
The Peabody Energy (BTU), Arch Coal (ARCH) joint venture can deliver results as decline in cost of operation will make it more competitive against natural gas and renewable sources of energy.
- American City Business Journals•last month
US coal giants merge 7 Colorado, Wyoming mines to better compete against renewable energy
The two largest coal companies in the United States are combining their seven Colorado and Wyoming coal mines in a joint venture meant to make coal more competitive against wind power, solar and natural gas. Peabody Energy (NYSE: BTU) and Arch Coal (NYSE: ARCH), both based in St. Louis, are including the Twentymile mine in Routt County and the West Elk mine, near Gunnison, in the joint venture. The companies’ massive North Antelope Rochelle and Black Thunder mine areas in northeastern Wyoming are at the heart of the new venture and will be operated as one large coal mining complex, the companies announced Wednesday.
- American City Business Journals•last month
2 St. Louis coal giants form joint venture
Two of the world's biggest coal producers, both based in St. Louis, are combining their mining assets in Wyoming and Colorado through a joint venture aimed at strengthening coal's competitiveness against natural gas and renewable energy sources.
- Bloomberg•last month
Frackers Get Not One But Two Coal-Mine Canaries
(Bloomberg Opinion) -- Wyoming’s Powder River Basin has been generating some buzz in oil and gas circles as a potential source of new supply (as if oil and gas need that). On Wednesday, though, its real significance was as a strategic signpost.The PRB, as it is known, is more famous for coal; and two of the biggest miners, Peabody Energy Corp. and Arch Coal Inc., are throwing their lot there together. A planned joint venture will combine five mines in Wyoming and Colorado into a single operation producing more than 60% of the basin’s coal. It will be roughly two-thirds owned by Peabody, with Arch taking the rest.The PRB produces a cheaper form of coal, with lower energy content, relative to what comes out of Appalachia – and its market is crumbling. Cheap shale gas, renewable energy and flat consumption have cut coal use in U.S. power plants by almost 40% over the past decade. Despite creative attempts by the White House to reverse that trend, the Energy Information Administration expects it to drop by another 19% through the end of next year. Cloud Peak Energy Inc., which operates several PRB mines, is currently in chapter 11 – from which both Peabody and Arch have only emerged themselves within the past few years. And the combined output of their mines in Wyoming, which constitute the vast majority of the joint venture’s output, has dropped away:So Arch and Peabody want to get those assets together, squeeze out costs and try to be the last guy(s) standing. The two miners expect synergies they value at $820 million, or roughly a fifth of their combined market cap. That alone is reason to try. It also puts some distance between the PRB assets and the companies’ metallurgical-coal operations, where prospects (and profits) are better. This is a textbook deal for two commodity producers faced with terminal decline in their market. For Arch, it continues a strategy of rejecting the growth impulse that pushed much of this industry into chapter 11 within the past decade in favor of a more realistic approach that has shrunk the company. Arch has bought back almost a third of its stock in the past few years, generating healthy returns at odds with the industry’s broader fortunes (see this). The stock jumped as much as 8% on Wednesday morning and is close to its post-bankruptcy peak.Frackers in shale would do well to take this on board. Oil and gas markets aren’t facing the same pressure as U.S. thermal coal, but are also challenged. Natural gas demand isn’t growing quickly enough to absorb surging production; and neither is oil, judging from its comatose state in the face of all sorts of geopolitical provocations. Despite some consolidation, the Permian basin, especially, remains very fragmented, and legacies of poor returns and weak governance keep investors on the sidelines. Having shown some progress on living within their means last year, frackers once again outspent cash flow in the first quarter.Consolidation – especially in the form of nil-premium, all-stock deals – would go a long way to cutting the bloated overhead that comes from having dozens and dozens of companies targeting the same acreage. It’s not often a literal canary in the coal mine shows up, let alone two.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- PR Newswire•last month
Peabody And Arch To Combine U.S. PRB And Colorado Assets In Highly Synergistic Joint Venture To Unlock Approximately $820 Million In Synergies
- JV synergies projected to average approximately $120 million per year over initial 10 years, with NPV of approximately $820 million - Optimal combination expected to create one of lowest-cost thermal ...
- PR Newswire•last month
Arch and Peabody to combine U.S. PRB and Colorado assets in highly synergistic joint venture to unlock approximately $820 million in synergies
ST. LOUIS, June 19, 2019 /PRNewswire/ -- Arch Coal, Inc. (ARCH) and Peabody Energy Corporation (BTU) today announced that they have entered into a definitive agreement to combine the companies' Powder River Basin and Colorado assets in a highly synergistic joint venture aimed at strengthening the competitiveness of coal against natural gas and renewables, while creating substantial value for customers and shareholders.
- PR Newswire•last month
Peabody's Derek Launius Named "Reclamationist Of the Year" By The American Society Of Mining And Reclamation
ST. LOUIS, June 6, 2019 /PRNewswire/ -- Peabody's Derek Launius was named "Reclamationist of the Year" this week by the American Society of Mining and Reclamation (ASMR) for his outstanding accomplishments in the evaluation and application of technology used in land restoration. Launius, a senior environmental engineer at Peabody's Arclar Complex in Illinois, is responsible for land stewardship at Arclar and closed operations in Illinois. Launius coordinated final reclamation and inspections at several of Peabody's former mining sites, including Big Ridge and Eagle Valley mines.
- Simply Wall St.•2 months ago
Here's What Peabody Energy Corporation's (NYSE:BTU) P/E Ratio Is Telling Us
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use...
- PR Newswire•2 months ago
Peabody Proceeding With Reventilation Of First Segment Of North Goonyella Mine
ST. LOUIS, May 24, 2019 /PRNewswire/ -- Peabody (BTU) today announced it is proceeding with the ventilation of the first segment of the North Goonyella Mine in consultation with the Queensland Mine Inspectorate as part of a comprehensive phased reventilation and re-entry plan and expected longwall production in 2020. "This marks an important first step in the next phase of activities aimed at resuming normal operations at North Goonyella," said Glenn Kellow, Peabody President and Chief Executive Officer. 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. Peabody offers significant scale, high-quality assets, and diversity in geography and products. Peabody is guided by seven core values: safety, sustainability, leadership, customer focus, integrity, excellence and people. For further information, visit PeabodyEnergy.com.
- Simply Wall St.•2 months ago
Introducing Peabody Energy (NYSE:BTU), The Stock That Dropped 26% In The Last Year
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
- Zacks•2 months ago
CONSOL Coal (CCR) Q1 Earnings Beat Estimates, Revenues Miss
CONSOL Coal's (CCR) Q1 earnings surpass estimates and production guidance for 2019 remains intact.
- Zacks•2 months ago
CONSOL Energy (CEIX) Beats Q1 Earnings & Revenue Estimates
Higher coal production drives CONSOL Energy's (CEIX) first-quarter 2019 results.
- PR Newswire•2 months ago
Peabody Increases Quarterly Dividend Per Share To $0.14
ST. LOUIS, May 8, 2019 /PRNewswire/ -- Peabody (BTU) announced today that its board of directors has declared a quarterly dividend of $0.14 per share on the company's common stock, payable on June 12, 2019 to shareholders of record on May 22, 2019. Today's dividend announcement reflects an increase of $0.01 per share, or approximately 8 percent, over the previous quarter's dividend per share, in recognition of the company's strong ongoing cash flow generation. The company also issued a supplemental dividend of $1.85 per share in March 2019. 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.
- Zacks•2 months ago
Are Investors Undervaluing Peabody Energy (BTU) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Motley Fool•3 months agoPeabody Energy Corp (BTU) Q1 2019 Earnings Call Transcript
BTU earnings call for the period ending March 31, 2019.
