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Peabody News

  • Peabody Energy Reaches Agreement With States On Financial Assurances In Support Of Coal Mine Restoration Activities 2016-07-26

    Peabody EnergyST. LOUIS, July 26, 2016 /PRNewswire/ -- Peabody Energy announced today it reached agreements with three state regulatory agencies regarding financial assurances in support of coal mine restoration.     Superpriority settlement agreements have been reached with...

  • Peabody sells undeveloped Bowen basin coal tenements to Pembroke 2016-05-11
    US coal major Peabody Energy has announced plans to divest of its interest in several undeveloped metallurgical coal tenements in Queensland’s Bowen basin. The energy major said this week that several of its Australian subsidiaries have entered into a sales and purchase agreement with Australia’s Pembroke Resources in a deal valued at A$104-million.
  • Peabody Energy Australia Enters Into Agreements With Pembroke Resources To Sell Undeveloped Tenements In Queensland 2016-05-09

    Peabody Energy.ST. LOUIS, May 9, 2016 /PRNewswire/ -- Peabody Energy today announced that several of its Australian subsidiaries have entered into sale and purchase agreements with Australia-based Pembroke Resources, a portfolio company of leading energy and resources-focused global private equity firm...

  • Coal major Peabody files for bankruptcy protection 2016-04-13
    Fortune 500 coal company Peabody Energy has filed for Chapter 11 bankruptcy protection on Wednesday, becoming the latest North American coal casualty amid a sustained industry downturn. NYSE-listed Peabody, the world’s largest private-sector coal company producing metallurgical and thermal coal for customers in 25 countries on six continents, had voluntarily filed petitions under Chapter 11 for the majority of its US entities in the US Bankruptcy Court for the Eastern District of Missouri.
  • Waning coal demand could force Peabody Energy to file for bankruptcy 2016-03-16
    Peabody Energy, the world’s largest coal company, on Wednesday advised markets that it might be forced to file for bankruptcy as falling global demand for the fossil fuel affected its ability to service its substantial debt load. In a filing with the Securities Exchange Commission, NYSE-listed Peabody blamed continued uncertainty around global coal fundamentals, the stagnated economic growth of certain significant coal-importing nations, and the potential for significant added regulatory requirements imposed on coal producers, among other matters, for creating substantial doubt whether it would be able to continue as a going concern.
  • Peabody hit by ‘brutal’ coal market 2016-02-12
    Cost cutting and reorganisation still not enough for US-based coal miner
  • Peabody Energy Announces Results For The Year Ended December 31, 2015 2016-02-11

    Peabody Energy.ST. LOUIS, Feb. 11, 2016 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today reported full-year 2015 revenues of $5.61 billion.  Adjusted EBITDA totaled $434.6 million, which includes $23.5 million in restructuring charges related to reductions in corporate and regional staff and...

  • Peabody sells New Mexico, Colorado coal assets for $358m 2015-11-21
    US coal miner Peabody Energy on Friday announced that it has agreed to sell its New Mexico and Colorado coal assets to Bowie Resource Partners for $358-million in cash. Bowie will also assume approximately $105-million in related liabilities.
  • Bowie Announces Partnership To Acquire Major Peabody Assets 2015-11-21
    LOUISVILLE, Ky., Nov. 20, 2015 /PRNewswire/ -- This transaction will: Increase annual production to 25 million tons Triple Bowie's reserves to more than 500 million tons and expand reserve life to over 20 years Expand Bowie's unique platform of operating low-cost mines in its...
  • Peabody Energy Enters Into Agreement To Sell Wilkie Creek Mine In Australia 2015-07-08

    Peabody EnergyST. LOUIS, July 8, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) confirms it has entered into a sale and purchase agreement with Sekitan Resources Pty, Ltd., a wholly owned subsidiary of Exergen Pty, Ltd., to sell Peabody's Wilkie Creek Mine and other associated assets in Queensland's...

Peabody Information

  • Company 2015-05-10
    Peabody is BTU, and Btu is energy. Peabody serves high-growth markets, lighting lives and fueling economies in more than 25 nations on six continents. Peabody is the only global pure-play coal investment and a global leader in clean coal solutions. From mine to rail, rail to ports and ports to plants%u2026 Peabody is fueling the world with energy essential to sustain life and grow economies.

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