ST. LOUIS, Aug. 27, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that it will expand its Leaders in Education program to Colorado, beginning in the 2012-13 school year. The program will cover Routt and Moffat counties, which support Peabody's Twentymile Mine near Steamboat Springs. The Leaders in Education program honors professional educators who inspire students to succeed in Illinois, Indiana [...]
SUGAR LAND, TX -- (Marketwire) -- 08/21/12 -- The value of construction starts for the Metals & Minerals Industry in North America is on pace to match the record-breaking numbers of 2011. In 2012, the Metals & Minerals Industry is on pace to again kick off the construction on about $35 billion worth of activity, according to Industrial Info's North American Project Spending Index, which is currently showing growth of [...]
ST. LOUIS, Aug. 7, 2012 /PRNewswire/ -- Peabody Energy has been honored with two U.S. Department of the Interior 2012 Excellence in Surface Coal Mining Reclamation Awards for protection of raptor populations in Wyoming and restoration of prime farmland in Illinois. To view the multimedia assets associated with this release, please click [...]
Coal stocks soared last Friday after Arch Coal Inc. posted a better-than-expected earnings report and a positive forecast for thermal coal demand in the U.S. The Market Vectors-Coal ETF (KOL) surged 4.03 percent. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research on Arch Coal and Peabody Energy
ST. LOUIS, July 24, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today reported second quarter 2012 revenues of $2.0 billion, leading to adjusted EBITDA of $453.4 million. Income from continuing operations totaled $215.3 million, with diluted earnings per share from continuing operations of $0.78 and adjusted diluted earnings per share of $0.73. (Logo: http://photos.prnewswire.com/prnh/20120724/CG44353LOGO [...]
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 Aug. 21, 2012, to holders of record on July 31, 2012.Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. The company serves metallurgical and thermal coal customers in more than 25 [...]
ST. LOUIS, July 17, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) and Kinder Morgan Energy Partners L.P. (NYSE: KMP) today announced long-term agreements to secure and expand the Gulf Coast export platform for Peabody's Colorado, Powder River Basin and Illinois Basin coal products. Under the multi-terminal agreements, Peabody would gain additional access to export coal at Kinder Morgan's Deepwater Terminal [...]
ST. LOUIS, Mo., July 11, 2012 /PRNewswire/ -- On Tuesday, July 24, 2012, Peabody Energy will announce the results for the quarter ended June 30, 2012. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, July 24. Participants may access the call using the following phone [...]
ST. LOUIS, July 3, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that Charles Meintjes has been named Acting President of the Peabody Americas business unit. Meintjes replaces Richard A. Navarre, who has retired for personal reasons after a 19-year successful career with Peabody. Navarre has been President of Peabody Americas since March of this year and has been with the company since [...]
It has been a tough year for coal stocks as plummeting natural gas prices have seen demand for coal in the U.S. drop dramatically. Yet coal stocks have been on the upswing recently on strong foreign demand as Peabody Energy CEO Gregory Boyce recently stated that demand from China has seen strong growth in recent months. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research [...]
ST. LOUIS, June 29, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced the lease of 721 million tons of ultra low sulfur coal reserves adjacent to its North Antelope Rochelle Mine in the Southern Powder River Basin of Wyoming. The company submitted a bid of $1.10 per mineable ton for control of the North Porcupine reserve area to the Bureau of Land Management, which awarded the lease following a sealed [...]
NEW YORK, June 27, 2012 /PRNewswire/ -- Peabody Energy (NYSE: BTU) Chairman and Chief Executive Officer Gregory H. Boyce today said that the company is well positioned to navigate market challenges, capture opportunities and create value for shareholders in both the near term and long term. The discussion came at Peabody's 2012 Analyst and Investor Forum in New York, where executives reviewed the company's [...]