NYSE:BTUOil and Gas
Peabody Energy Leans On Seaborne Coal Expansion As Prices Stay Elevated
Peabody Energy (NYSE:BTU) is positioned to benefit from elevated global coal prices linked to recent geopolitical tensions affecting oil and gas supplies.
Countries are increasing coal use as an alternative energy source, supporting demand for both thermal and higher quality metallurgical coal.
Peabody plans to expand sales of seaborne thermal and metallurgical coal, supported by the planned addition of Anglo's metallurgical coal assets and the ramp up of the Centurion mine.
Peabody Energy...