Peabody Energy Corporation's earnings are primarily driven by its Seaborne Segments, with significant production in Australia. The ongoing ramp-up of the Centurion mine and the recent acquisition will further increase Peabody's Australian earnings. The weak BTU stock price together with a substantial boost to sales and earnings in the coming years make this a very compelling buy.
Despite the expected drop in U.S. coal production volumes, Zacks Coal industry players like BTU, HCC, SXC and METC are likely to remain competitive in the coal space.
Peabody Energy (BTU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Peabody Energy is shifting its focus from thermal to metallurgical coal, aiming for a 74/26 split by 2026 through strategic acquisitions and new projects. The company is undervalued at a 2.69x EV/EBITDA multiple, despite initiatives to enhance its metallurgical coal production and extend business longevity. Peabody's share buyback program and debt reduction efforts are pivotal in driving shareholder returns and addressing investment community concerns.
Ontario Junior Exploration Program (OJEP) Funding VANCOUVER, BC / ACCESSWIRE / December 9, 2024 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTCQB:BTUMF) announces an update on exploration efforts at its' 100% held Echum project, an extensive gold prospect located adjacent to Alamos Gold Inc. ("Alamos") (AGI-TSX) and Red Pine Exploration ("Red Pine") (RPX-TSX:V) in the active Wawa gold area of northern Ontario (Figure 1).
Peabody Energy Corp (NYSE:BTU) stock has been chopping lower since its Nov. 6 52-week high of $29.94, down 10% in just the last week.
Anglo American is selling its remaining steelmaking coal assets for up to nearly $3.8 billion to U.S. firm Peabody Energy (BTU), as the London-listed mining giant restructures its business after rejecting several takeover bids by rival BHP.
Anglo American PLC (LSE:AAL) has struck a deal to offload its steelmaking coal business to Peabody Energy Corporation (NYSE:BTU) for up to US$3.8 billion cash. The Australian mines are being sold to US coal specialist Peabody Energy for an up-front US$2.05 billion on completion of the deal, with up to another US$550 million in quarterly 'earn-out' payments based on the price of coal, and another US$450 million to be paid once the Grosvenor mine is reopened and begins selling coal.
Despite the expected drop in U.S. coal production volumes, coal producers like Peabody Energy (BTU), Warrior Met Coal (HCC), CONSOL Energy (CEIX) and SunCoke Energy (SXC) are likely to remain competitive with improving export volumes.
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like GIII, BTU, JAKK, GBX and PFE hold promise.
Peabody Energy Corporation (NYSE:BTU ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Karla Kimrey - VP, IR Jim Grech - President & CEO Mark Spurbeck - CFO Malcolm Roberts - Chief Marketing Officer Conference Call Participants Lucas Pipes - B. Riley Securities Katja Jancic - BMO Capital Markets Nathan Martin - The Benchmark Company Chris LaFemina - Jefferies Operator Good day, and welcome to the Peabody Energy Third Quarter 2024 Conference Call.
Peabody Energy Corporation's new Centurion Mine in Queensland, Australia, will significantly boost coking coal production and lower operating expenses, enhancing EBITDA and free cash flow. The initial capital cost for Centurion is $489M, with less than half remaining. Centurion's value is estimated at $1.6B, equating to $12.80/share, indicating the market has not fully recognized the project's potential.