BTU - Peabody Energy: Good 2023 Result

2024-02-08 10:59:44 ET

Summary

• Peabody Energy Corporation has seen a strong performance since its inclusion in the S&P SmallCap 600 index in January.
• U.S. ETFs have significantly increased their ownership of Peabody, with more buying expected in the coming months.
• The company saw the margin increase substantially in the Seaborne Metallurgical segment during Q4 2023.

Overview

I covered Peabody Energy Corporation ( BTU ) in January, which was more of an overview on the company, and that article can be found here . In this article, I wanted to focus on the company's Q4 2023 results , released earlier today. I also wanted to discuss the recent S&P SmallCap 600 index inclusion that happened in late January, and the implications from that....

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