BTU

Peabody Energy Corporation is one of the world's largest private-sector coal companies, mining and selling coal to electricity generators and industrial customers globally. The company operates mines producing thermal coal for electric power generation and metallurgical coal for steelmaking in key producing regions including the Powder River Basin (Wyoming), Mid-West United States (Illinois), Western United States (Colorado, New Mexico), and Australia. Peabody serves customers in approximately 25 countries with coal exports from U.S. and Australian operations. Founded in 1883 and headquartered in St. Louis, Missouri, Peabody has endured boom-and-bust coal industry cycles including bankruptcy reorganization in 2016-2017 amid collapsing coal demand and prices. The company emerged from bankruptcy with reduced debt and has since benefited from global energy shortages and increased coal demand, particularly for seaborne metallurgical and thermal coal. Peabody faces long-term challenges from global decarbonization, coal plant retirements, declining coal demand in developed markets, and environmental opposition. The company generates significant cash flows during favorable market periods and pursues shareholder returns through dividends and buybacks. Peabody's long-term outlook remains challenged by energy transition trends.