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Peabody Energy Corp (BTU.N)

BTU.N on New York Stock Exchange

35.28USD
16 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Peabody Provides Update On North Goonyella
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Peabody Energy Corp ::PEABODY PROVIDES UPDATE ON COMPANY'S FOCUS.PEABODY- SOLE FOCUS IS ON CURRENT PLATFORM, INCIDENT AT NORTH GOONYELLA IN AUSTRALIA, COMPLETING & INTEGRATING SHOAL CREEK MINE ACQUISITION IN ALABAMA.  Full Article

Peabody Energy Held Talks to Buy Drummond - WSJ
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - :PEABODY ENERGY CORP HAS HELD DISCUSSIONS TO BUY COLOMBIAN PEER DRUMMOND INTERNATIONAL LLC - WSJ, CITING SOURCES.DEAL BETWEEN PEABODY AND DRUMMOND WOULD BE VALUED AT BETWEEN $4 BILLION AND $4.5 BILLION AND SEE THE U.S. MINER ACQUIRE 80 PERCENT OF ITS COLUMBIAN PEER - WSJ.  Full Article

Peabody Provides Update On North Goonyella
Wednesday, 3 Oct 2018 

Oct 2 (Reuters) - Peabody Energy Corp ::PEABODY PROVIDES UPDATE ON NORTH GOONYELLA.PEABODY ENERGY CORP - INITIAL STEPS TAKEN TO EXTINGUISH FIRE AND CONTAIN IMPACTS AT PEABODY'S NORTH GOONYELLA MINE HAVE YIELDED VISIBLE RESULTS.PEABODY ENERGY - MOBILE GAG UNIT HAS CONTINUED TO RUN.PEABODY ENERGY CORP SAYS ONLY A SLIGHT AMOUNT OF WHAT APPEARS TO BE EITHER STEAM OR WHITE SMOKE IS EMANATING FROM ONLY ONE MINE SHAFT.PEABODY ENERGY - WILL INITIATE A FORMAL REVIEW OF EVENT, WITH INVOLVEMENT OF INDEPENDENT THIRD PARTIES, AT SOME TIME.  Full Article

Peabody Provides Operational Update On North Goonyella
Monday, 1 Oct 2018 

Sept 30 (Reuters) - Peabody Energy Corp ::PEABODY PROVIDES OPERATIONAL UPDATE ON NORTH GOONYELLA.PEABODY ENERGY - IT HAS DEVELOPED A MULTI-TIERED PLAN IN AN EFFORT TO EXTINGUISH FIRE AND CONTAIN IMPACTS AT ITS NORTH GOONYELLA MINE IN QUEENSLAND.SAYS PLAN WAS REVIEWED BY QUEENSLAND MINE INSPECTORATE AND IS UNDERGOING IMPLEMENTATION AT THIS TIME.SAYS UNDERGROUND MINE AND SURFACE AREAS REMAIN RESTRICTED TO ACCESS THROUGH EXCLUSION ZONES WHILE WORK CONTINUES.SAYS NOTED THAT FIRE IS ONGOING, AND IT IS TOO EARLY TO ASSESS EXTENT OF IMPACTS.  Full Article

Peabody Provides Update On North Goonyella
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Peabody Energy Corp ::PEABODY PROVIDES UPDATE ON NORTH GOONYELLA.SAYS ALL EMPLOYEES WERE OUTSIDE EXCLUSIONARY ZONE AT TIME OF INCIDENT.SAYS COMPANY IS MAINTAINING ITS FULL-YEAR 2018 METALLURGICAL COAL SALES VOLUME TARGETS OF 11 - 12 MILLION TONS..SAYS UPDATE ON ITS REPORT ON CONDITIONS AT ITS NORTH GOONYELLA MINE IN QUEENSLAND FOLLOWING INDICATIONS OF A FIRE IN A PORTION OF MINE.SAYS DOES NOT EXPECT ANY PRODUCTION FROM NORTH GOONYELLA IN Q4 OF 2018 AND HAS A SMALL AMOUNT OF COAL IN INVENTORY TO SHIP.SAYS CONTINUES TO WORK IN CONJUNCTION WITH QUEENSLAND MINES INSPECTORATE AND OTHERS ON PLAN TO EXTINGUISH FIRE AND CONTAIN IMPACTS.  Full Article

Peabody Energy To Acquire Shoal Creek Mine Assets For $400 Mln
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Peabody Energy Corp ::PEABODY ENERGY CORP - DEAL FOR $400 MILLION.PEABODY ENERGY CORP - PEABODY TO ACQUIRE SHOAL CREEK MINE ASSETS FROM DRUMMOND COMPANY.PEABODY ENERGY CORP - PEABODY INTENDS TO REVISE ITS GUIDANCE TARGETS ON RELEVANT KEY METRICS FOLLOWING CLOSING OF TRANSACTION..PEABODY ENERGY CORP - EXPECTS SHOAL CREEK TO SEAMLESSLY INTEGRATE INTO PEABODY'S OPERATING AND SG&A PLATFORMS WITH MINIMAL FRICTION COSTS.PEABODY ENERGY CORP - INTENDS TO FINANCE TRANSACTION WITH CASH ON BALANCE SHEET.PEABODY ENERGY - DEAL INVOLVES PURCHASE OF MINE, PREPARATION PLANT & SUPPORTING ASSETS, AND EXCLUDES LEGACY LIABILITIES OTHER THAN RECLAMATION.  Full Article

Peabody Announces Agreement To Repurchase $300 Mln In BTU Shares
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Peabody Energy Corp ::PEABODY ANNOUNCES AGREEMENT TO REPURCHASE $300 MILLION IN BTU SHARES DIRECTLY FROM ENTITIES ADVISED BY ELLIOTT MANAGEMENT.PEABODY ENERGY CORP - REPURCHASES NOW TOTAL $875 MILLION SINCE COMPANY'S SHAREHOLDER RETURN PROGRAM WAS INITIATED IN AUGUST 2017.PEABODY ENERGY CORP - AGREEMENT TO REPURCHASE STOCK DIRECTLY FROM ENTITIES ADVISED BY ELLIOTT MANAGEMENT AT A PRICE OF $41.82 PER SHARE.PEABODY ENERGY - REPURCHASE REPRESENTS 5.9 PERCENT OF CO'S SHARES OUTSTANDING AND IS BEING MADE UNDER PEABODY'S $1 BILLION AUTHORIZED REPURCHASE PROGRAM.  Full Article

Peabody Reports Qtrly Shr From Cont. Ops of $0.93
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Peabody Energy Corp ::PEABODY REPORTS EARNINGS FOR QUARTER ENDED JUNE 30, 2018.Q2 EARNINGS PER SHARE $0.93 FROM CONTINUING OPERATIONS.Q2 REVENUE $1.31 BILLION.Q2 EARNINGS PER SHARE VIEW $-7.63 -- THOMSON REUTERS I/B/E/S.PEABODY INCREASES DIVIDEND TO $0.125 PER SHARE.QTRLY EARNINGS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS $0.90.SAYS "VIGOROUS" SEABORNE THERMAL DEMAND LED TO FURTHER STRENGTHENING IN SEABORNE THERMAL COAL PRICING DURING QUARTER.QTRLY TONS SOLD 43.1 MILLION TONS VERSUS 43.6 MILLION TONS.SAYS INDIA'S DOMESTIC COAL PRODUCTION HAS ALSO BEEN UNABLE TO KEEP PACE WITH GROWING ELECTRICITY DEMAND.SAYS IN U.S., INDUSTRY CONDITIONS REMAIN CHALLENGED AS UTILITY COAL CONSUMPTION DECLINED.SAYS EXPECTS TREND OF INCREASE IN ASEAN IMPORTS TO CONTINUE.SAYS WHILE DOMESTIC DEMAND HAS WEAKENED, U.S. EXPORTS HAVE CONTINUED TO BENEFIT FROM STRONG SEABORNE PRICING.SAYS PEABODY TIGHTENED ITS ANNUAL PRB VOLUME GUIDANCE RANGE TO 115 MILLION TONS TO 120 MILLION TONS.SAYS DESPITE CONTINUED STRENGTH IN CHINESE STEEL PRODUCTION, METALLURGICAL COAL IMPORTS DECLINED ABOUT 7 MILLION TONNES YEAR-TO-DATE THROUGH JUNE.SAYS PEABODY ENERGY SAYS AS EXPECTED, INDIA "CONTINUES TO LEAD" GROWTH IN METALLURGICAL COAL DEMAND.SAYS HAS YET TO BE IMPACTED BY DELAYS IN RAIL SERVICES IN AUSTRALIA.SAYS Q3 AUSTRALIAN EXPORT THERMAL VOLUMES EXPECTED TO CONTINUE TO INCREASE SEQUENTIALLY, WITH Q4 ANTICIPATED TO BE ITS STRONGEST SHIPPING QUARTER.  Full Article

Peabody Increases Quarterly Dividend To $0.125 Per Share
Friday, 20 Jul 2018 

July 19 (Reuters) - Peabody Energy Corp ::PEABODY INCREASES QUARTERLY DIVIDEND TO $0.125 PER SHARE.PEABODY ENERGY CORP - $0.125 PER SHARE DIVIDEND REFLECTS AN INCREASE OF NEARLY 10 PERCENT OVER LAST QUARTER'S DIVIDEND PER SHARE.  Full Article

Peabody Energy Amends Credit Agreement To Increase Incremental Revolving Facility By $80 Mln
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Peabody Energy Corp ::PEABODY ENERGY - AMENDED CREDIT AGREEMENT TO INCREASE INCREMENTAL REVOLVING FACILITY BY $80 MILLION TO TOTAL COMMITMENTS OF $350 MILLION - SEC FILING.  Full Article

UPDATE 1-Peabody Energy to shut parts of Queensland mine after fire

Oct 11 Coal miner Peabody Energy said on Thursday it intends to permanently seal the area where high methane levels have been concentrated after it reported fire in parts of its North Goonyella mine in Australia's Queensland last month.