Peabody Energy (NY: BTU)
16.71 USD  UNCHANGED
Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(BTU) Community Analysis from
April 19, 2014
There is money to be made and I intend to make some. Being long the coal stocks for next week is where the money appears to be lurking in an otherwise poor market. This is due to...(read more)
(Stock Blog Hub, 5/3/13)
Peabody Energy Corp. (BTU) will release its first quarter 2013 financial results before the market bell on Apr 18, 2013. In the prior quarter, this coal operator reported a negative...(read more)
(Stock Blog Hub, 1/26/13)
Peabody Energy (BTU) will release its fourth quarter 2012 financial results before the market bell on Jan 29, 2013. In the prior quarter, this coal operator reported a 50.00%...(read more)
Peabody Energy (BTU) Company Overview

Peabody Energy (NYSE: BTU) is the world’s largest private-sector coal company that operates mines across the U.S. and Australia. In 2008, Peabody fueled roughly one-tenth of all U.S. electricity generation and more than 2 percent worldwide.[1] The company owned majority interests in 30 coal mining operations located in the United States and Australia, and also owns equity interest in one Venezuelan operating mine.[2] Peabody mines, prepares, and sells steam coal to electric utilities in the U.S. and operates metallurgical and thermal coal mines in Australia.[2]

Global demand for coal remained weak in 2009, driven by low capacity utilization at steel mills and a fall in the demand for electricity. Of the major steel-producing nations, China is the only country outpacing prior-year steel production levels, with all other nations running 38 percent below 2008 on average.[3] Weakening demand for coal and the economic contraction has an adverse effect on Peabody's sales volumes and revenues. Peabody has already realized 2 million tons of its previously announced 10 million tons of planned 2009 Powder River Basin production cuts.[3]

(Read more at Wikinvest )

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