Tag: peabody

RELEASE: Peabody Reports Earnings For Quarter And Year Ended December 31, 2017

ST. LOUIS, Feb. 7, 2018 /PRNewswire/ — Peabody (NYSE: BTU) today announced its fourth quarter 2017 operating results, including revenues of $1.52 billion, income from continuing operations, net of income taxes of $378.0 million, net income attributable to common stockholders of $317.4 million, diluted earnings per share from continuing operations of $2.47 and Adjusted EBITDA 1 of $416.2 million, the largest result in five years. “A highly successful fourth quarter capped a year of substantial achievement for Peabody, as the company delivered results and generated value,” […]

RELEASE: Dividend initiated by Peabody Board of Directors, demonstrating strong financial position, cash flow generation potential and commitment to shareholder returns

ST. LOUIS /PRNewswire/ — Peabody (NYSE: BTU) announced today that its board of directors has declared a quarterly dividend of $0.115 per share on the company’s common stock, payable on March 5, 2018 to shareholders of record on Feb. 19, 2018. “Peabody is pleased to initiate a quarterly dividend program as an important next step in the company’s commitment to shareholder returns, while further demonstrating the company’s strong financial position and robust cash generation potential,” Peabody […]

RELEASE: Peabody honors global leadership in clean coal technologies

ST. LOUIS /PRNewswire/ — Peabody on Tuesday recognized innovation in clean coal technologies among leading examples of coal-fueled generating plants from the United States, China, Japan and India with their Fourth Annual Peabody Global Clean Coal Leadership Awards. Presented at Power-Gen International 2017 in Las Vegas, the awards recognize the cleanest coal plants in the world and shine a light on the tremendous environmental progress being made to improve emissions through greater use of technology. “Coal remains […]

RELEASE: Peabody Names Paul Richard Senior Vice President And Chief Human Resources Officer

ST. LOUIS, Nov. 27, 2017 /PRNewswire/ — Peabody President and Chief Executive Officer Glenn Kellow today announced that Paul Richard has been named Senior Vice President and Chief Human Resources Officer. “Paul is a skilled executive who brings a wealth of experience leading global human resources teams,” said Kellow. “He will have executive responsibility for Peabody’s global human resources and administrative functions to ensure the organization has the people, skills, capabilities and systems to successfully execute […]

RELEASE: Peabody Completes Sale Of Majority Of Inactive Burton Mine To Lenton Joint Venture

ST. LOUIS, Nov. 27, 2017 /PRNewswire/ — Peabody announced today that it has completed the sale of the majority of its inactive Burton Mine and related infrastructure to the Lenton Joint Venture for approximately US$11 million, subject to certain customary post-closing adjustments. In addition to receipt of cash proceeds from the sale, the transaction reduces Peabody’s asset retirement obligation by approximately US$41 million.  The sale also provides for the release of approximately US$30 million of […]