BTU News and Press, Peabody Energy Corporation From 03/30/23

PEABODY UPDATE REGARDING SHOAL CREEK MINE PR Newswire ST. LOUIS , March 30, 2023 /PRNewswire/ -- Peabody (NYSE: BTU) today provided an update following yesterday's fire at Shoal Creek Mine near Birmingham, Alabama . Peabody is continuing to work with the Mine...

2023-03-29 16:48:38 ET Peabody Energy ( NYSE: BTU ) -2.8% post-market after saying a fire occurred Wednesday at its Shoal Creek Mine in Alabama involving void fill material utilized to stabilize the roof structure of the mine. Peabody ( BTU ) said the incident is...

Peabody Confirms Incident at Shoal Creek Mine PR Newswire ST. LOUIS , March 29, 2023 /PRNewswire/ -- Peabody (NYSE: BTU) today confirmed a fire that began earlier today at its Shoal Creek Mine involving void fill material utilized to stabilize the roof structure ...

2023-03-20 09:00:00 ET Summary Peabody has sold off more than 20% since my last article due to volatile markets in the wake of the Silicon Valley Bank collapse. The company has a massive cash balance, some of which will go into capital returns after dealing with the reclamation su...

2023-03-17 16:47:10 ET Summary Peabody Energy Corporation is one of the cheapest coal producers out there. One of the reasons for its low valuation is restrictions to buybacks and dividends. There is only one restriction left before buybacks and dividends are likely to be resu...

United Kingdom grid operator National Grid ESO is turning to its reserve coal power units to cover electricity shortages amid a crippling energy crunch that has seen several countries across the European Union struggle to maintain their energy supply. A statement from the National Grid revealed...

Earlier this week, the price of thermal coal in China fell to their lowest levels in a year. Traders and analysts believe that this is because production from mines in the country is recovering faster than the demand for thermal coal. Rising inventories in China are limiting imports and, in...

Summary Arch Resources had a tremendous 2022, generating over $1B in cash despite numerous headwinds. Going into 2023, coal pricing remains elevated and Arch is in a strong position to return capital to shareholders. I estimate 2023 free cash flow of $1.3B for Arch based on current ...

VANCOUVER, BC / ACCESSWIRE / February 22, 2023 / BTU METALS CORP. ("BTU" or the "Company") (TSX:V:BTU)(OTCQB:BTUMF) has entered into a series of transactions (collectively, the " Transactions ") with Kinross Gold Corporation (" Kinross ") that will strengthen the exploration effort on the signif...

Summary Peabody Energy reported impressive Q4 earnings on Tuesday morning and shares responded by ripping 13% higher. They repaid all the secured debt in 2022 and ended the year with $1.3B in cash on the balance sheet. The market cap sits at $3.8B and the company did $1.2B in operat...