NYSE: BTU Russell 2000 Component S&P 600 Component
Industry
Coal mining
Founded
1883 (1883) (Chicago, Illinois, US)
Headquarters
St. Louis, Missouri, US
Key people
James Grech, President and CEO[1]
Revenue
$4.981 billion (2022) $3.318 billion (2021)[2]
Operating income
US$1.4 billion (2022)[2]
Total equity
US$3.3 billion (2023)[2]
Number of employees
5,500[3] (2023)
Website
www.peabodyenergy.com
Peabody's North Antelope Rochelle Coal Mine, Wyoming in 2005, from ISS. A portion of Arch Coal's Black Thunder Mine Complex is visible to north (left).
Peabody Energy is a coal mining company headquartered in St. Louis, Missouri.[4][5] Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking. Peabody also markets, brokers, and trades coal through offices in China, Australia, and the United States.
In 2022, Peabody recorded sales of 124 million tons of coal.[6] Peabody markets coal to electricity generating and industrial customers in more than 26 nations. As of December 31, 2022, the company had approximately 2.4 billion tons of proven and probable coal reserves.[7]
Peabody maintains ownership or majority interests in 17 surface and underground mining operations located throughout the United States and Australia.[8] In the United States, company-owned mines are located in Alabama, Colorado, Illinois, Indiana, New Mexico, and Wyoming. Peabody's largest operation is the North Antelope Rochelle Mine located in Campbell County, Wyoming, which mined more than 60 million tons of coal in 2022. Peabody spun off coal mining operations in West Virginia and Kentucky into Patriot Coal Corporation in October 2007. In October 2011, Peabody acquired a majority ownership stake in Queensland-based Macarthur Coal Ltd, which specializes in the production of metallurgical coal, primarily seaborne pulverized injection coal.[9]
The company filed for Chapter 11 bankruptcy protection on April 13, 2016.[10] The company emerged from bankruptcy on April 3, 2017, and started trading on NYSE with a ticker symbol BTU. It also changed the company logo from Peabody Energy to just Peabody.[11]
^"Peabody Energy names Jim Grech as its new president and CEO". St. Louis Business Journal. ISSN 0271-6453. Retrieved June 21, 2021.
^ abc"Peabody Energy Financial Statements 2009–2023". Retrieved December 31, 2022.
^"Peabody Energy". Fortune. Archived from the original on May 3, 2019. Retrieved December 31, 2018.
^"Contact Peabody Archived January 12, 2010, at the Wayback Machine." Peabody Energy Corporation. Retrieved on August 19, 2009
^"Peabody Energy Corporation - Company Profile". Hoovers.com. October 21, 2010. Retrieved July 8, 2020.
^"2022 10-K Report" (PDF).
^"Annual report which provides a comprehensive overview of the company for the past year". Peabody. Retrieved April 3, 2017.
^"Operations". PeabodyEnergy.com. Peabody Energy. Retrieved October 12, 2017.
^Tomich, Jeffrey (October 25, 2011). "Peabody Energy, partner take control of Macarthur Coal". St. Louis Post Dispatch. Retrieved November 29, 2011.
^"Peabody Energy Chapter 11 Petition" (PDF). PacerMonitor. Retrieved May 9, 2016.
PeabodyEnergy is a coal mining company headquartered in St. Louis, Missouri. Its primary business consists of the mining, sale, and distribution of coal...
up Peabody in Wiktionary, the free dictionary. Peabody may refer to: Peabody Institute Library (Peabody, Massachusetts), public library in Peabody, Massachusetts...
PeabodyEnergy mined coal at the Black Mesa plateau in the southwestern United States from the 1960s until 2019. The plateau overlaps the Navajo and Hopi...
Department of Energy (November 2018). Annual Coal Report 2017 (PDF). p. 15. "Peabody Coal Operations". PeabodyEnergy website. PeabodyEnergy Corporation...
construction, Peabody was the owner of one of the largest coal companies in the United States, the Peabody Coal Company, which has since become PeabodyEnergy, the...
(105 km) south of Gillette, it produced 85.3 million tons of coal in 2019. PeabodyEnergy opened the North Antelope Mine in the heart of Wyoming's Powder River...
Robert Peabody may refer to: Robert Swain Peabody (1845–1917), Boston architect Robert J. Peabody (born 1956), president and CEO of Husky Energy Inc. Robert...
Captain" was the Marion 5960-M Power Shovel that worked at Peabody Coal Company's (PeabodyEnergy) River Queen Surface Mine in Central City, Kentucky. It...
Operator. Proposed and led by PeabodyEnergy Corporation, the project is jointly owned by public electric utilities with Peabody initially retaining 5% ownership...
their lives. With the emergence of PeabodyEnergy came threats to the preservation of their sacred water. PeabodyEnergy pumps water out from underneath...
in bankruptcy in the United States including the top two producers PeabodyEnergy and Arch Coal. When Arch Coal filed for bankruptcy protection, the price...
2013-08-11. "Australia Mining". PeabodyEnergy. Archived from the original on 2012-12-30. Retrieved 2013-08-11. "PeabodyEnergy Approves Expansion of Highly...
Navajo Transitional Energy Company (Spring Creek) Westmoreland Coal Company (Absaloka Mine, Rosebud Mine) In June 2019, PeabodyEnergy and Arch Coal announced...
Kayenta mine was a surface coal mine operated by Peabody Western Coal Company, a subsidiary of PeabodyEnergy) on the Navajo Nation in northern Arizona from...
Peak Energy, 58.0 million short tons Alpha Coal West, Inc., 38.0 million short tons (company acquired by Contura Energy in 2016) PeabodyEnergy, 26.6...
the Navajo Nation which transported coal 78 miles (126 km) from the PeabodyEnergy Kayenta Mine near Kayenta, Arizona to the Navajo Generating Station...
excess of 24 years. Middlemount Coal is a 50/50 joint venture between PeabodyEnergy and Yancoal. Nathan Tinkler paid $11.5 million to Sennen Resources in...
politician Francis S. Peabody, founder, and son Stuyvesant 'Jack' Peabody, executives of Peabody Coal Company, now PeabodyEnergy Angelo Poffo – professional...
of CFACT's revenue that year. PeabodyEnergy funded CFACT before its bankruptcy as did Robert E. Murray's Murray Energy before its bankruptcy. CFACT is...
operational mining equipment, so approached the engineering manager of PeabodyEnergy Australia Pty Ltd, which operated the Metropolitan mine in NSW. Mr Thompson...
and renewable energy, which has resulted in a rapid decline of coal in the U.S. and several notable bankruptcies including PeabodyEnergy. On 13 April...
needed] Fred Palmer, a Society staffer, is a registered lobbyist for PeabodyEnergy, a coal company. Although the Greening Earth Society generally rejected...
Global Information
$3.318 billion (2021)[2]