Exchange: NYSE·Updated 07:30 PM EDT
BTU logo

BTU Peabody Energy Corp. - Ordinary Shares New

$25.14
$0.13
(0.52%)
Today
Closed $25.13
$0.01
(0.04%)
After Hours
EarningsOct 29
Mkt Cap$3.05B
Vol1.35M

About BTU

Peabody Energy Corp. engages in the business of coal mining. It operates through the following business segments: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal, and Corporate and Other. The Seaborne Thermal segment consist of mines in New South Wales, Australia. The Seaborne Metallurgical segment includes mines in Queensland, Australia, one in New South Wales, Australia and one in Alabama, USA. The Powder River Basin segment focuses on mines in Wyoming. The Other U.S. Thermal segment reflects on the mining, preparation and sale of thermal coal, sold primarily to electric utilities in the U.S. under long-term contracts, with a relatively small portion sold as international exports as conditions warrant. The Corporate and Other segment involves administrative expenses, results from equity method investments, trading and brokerage activities, minimum charges on certain transportation-related contracts, the closure of inactive mining sites, the impact of foreign currency remeasurement and certain commercial matters. The company was founded by Francis S. Peabody in 1883 and is headquartered in St. Louis, MO.
34

Bearish Sentiment

How do you feel about BTU?

Stocks_Spot
$BTU is increasingly a balance-sheet and execution story for me. On Sept. 16, Peabody said it will redeem all remaining 3.25% convertible notes due 2028 on Nov. 18. Noteholders can convert before then, and the company expects substantially all of them to do so. Cleaning up the old notes simplifies the capital structure, although conversions can still matter for the share count in the near term. Coal fundamentals also remain worth watching, with nearly 40% of India’s coal plants recently reporting critically low inventories. Next focus: the Centurion ramp-up and Q3 cash generation. Not financial advice. Do your own research.
2
ToadTrader
$BTU Hmmmm..... What? Like a Pub Crawl, all month in working back towards $28.50 Could make for a fun month! CHEERS!
Boztroni
$BTU so here's a question, with the US in full pursuit of mineral and metal dependence, would BTU have opportunity to gain new customers in the coking coal departments. I think Australia is their largest coking facility.
DavyDaveCharts
$BTU pull back here presents an opportunity to add. Still inclined to believe this gets drawn to 40-41.

Advertisement|Remove ads.