Peabody Energy announced today that it has extended the term of employment for Chairman and Chief Executive Officer Gregory H. Boyce by six months as the next phase in the company's executive succession planning process. According to Lead Independent Director Robert A. Malone, "We are pleased to put into place this next phase of what we believe to be a model succession process. We appreciate the ongoing veteran [...]
Chairman and Chief Executive Officer Gregory H. Boyce today cited a number of 2013 accomplishments and discussed broad market conditions at the company's annual shareholder's meeting. "2013 was a year of substantial achievement despite market headwinds," Boyce said. "We matched our record safety performance from 2012, increased productivity, reduced costs, lowered capital investments, generated solid cash flow and repaid [...]
Peabody Energy today announced that all 12 members of the board of directors were re-elected at the company's annual meeting of shareholders. Re-elected directors are: Gregory H. Boyce, Chairman and Chief Executive Officer of Peabody Energy; Robert A. Malone, Lead Independent Director, former Executive Vice President, BP plc and former Chairman and President, BP Americas Inc.; William A. Coley, former Chief Executive [...]
The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on June 12, 2014, to holders of record on May 22, 2014. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. The company serves metallurgical and thermal coal customers in more [...]
A new advertising campaign launched today highlights the vital role that clean coal plays in keeping St. Louis skies blue and energy bills low. The multi-media campaign consists of billboards, bus signage and radio spots and aims to educate St. Louisans on the economic and environmental benefits of today's coal-fueled electricity. The campaign touts "Today's Coal. Blue Skies. Life Empowered." and is sponsored by Peabody [...]
- First quarter revenues of $1.63 billion lead to Adjusted EBITDA of $177 million - Diluted Loss Per Share from Continuing Operations totals $(0.18) with Adjusted Diluted Loss Per Share of $(0.19) - Cost containment actions lead to 4% unit cost reductions in U.S. and Australia - Focus on capital discipline results in lowest capital expenditures in 10 years; Liquidity totals $2.1 billion and cash increases to $508 million [...]
On Thursday, April 24, 2014, Peabody Energy will announce the results for the quarter ended March 31, 2014. A conference call with management is scheduled for 10 a.m. CDT on Thursday, April 24. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1766 International (612) 338-9017 The call, replay and other investor data will also be available at
Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce today called on business and energy leaders to solve energy inequality by creating a level of energy access that enables all people everywhere to have the same high standard of living enjoyed in the developed world. "Energy inequality is the blight of energy poverty, limiting access to basic needs like food, water and medicine; stunting education and [...]
Peabody Energy today announced several changes in its organizational structure, effective April 1. Andrew P. Slentz has been promoted to the role of Executive Vice President and Chief Human Resources Officer, reporting to Chairman and Chief Executive Officer Gregory H. Boyce. Slentz replaces Executive Vice President and Chief Administrative Officer Sharon D. Fiehler, who has been named Executive Vice President – Office [...]
Calling global energy poverty the world's number one human and environmental crisis, Peabody Energy (NYSE:BTU) today launched a comprehensive global campaign aimed at building awareness and support to eliminate energy poverty, increase access to low-cost electricity and improve emissions through advanced clean coal technologies. The "Advanced Energy for Life" campaign will work to educate and mobilize world leaders [...]
- Peabody achieves record 2013 safety results and $340 million of cost savings - Operating cash flow exceeds $700 million with debt reduction of more than $200 million - 2013 revenues of $7.01 billion lead to Adjusted EBITDA of $1.05 billion - Diluted Loss Per Share from Continuing Operations totals $(1.12) with Adjusted Diluted Earnings Per Share of $0.34 - U.S. coal market share increases to more than 40% of electricity [...]
Following U.S. President Obama's State of the Union address, Peabody Energy (NYSE: BTU) urges the Administration to adopt energy policies that help families and businesses by capitalizing on greater use of coal, America's true all-of-the-above energy advantage. Coal is the nation's lowest cost and most abundant energy resource. This past year, coal generation rebounded 5 percent due to its lower costs, while gas [...]
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