Announcement • Jul 15
Peabody Energy Corporation to Report Q2, 2026 Results on Jul 29, 2026 Peabody Energy Corporation announced that they will report Q2, 2026 results Pre-Market on Jul 29, 2026 Announcement • Jul 08
Peabody Receives Funding from U.S. Department of Energy to Advance Domestic Rare Earth and Critical Mineral Supply Chain Peabody announced that the U.S. Department of Energy has selected the company for funding to advance the production of rare earth elements and critical minerals. The selection supports Peabody's ongoing efforts to evaluate and advance the recovery of rare earth elements and critical minerals from its extensive resource base in Wyoming's Powder River Basin. Coupled with the Wyoming Energy Authority grant awarded earlier this year, this selection reflects the meaningful progress Peabody has made in advancing promising unconventional rare earth and critical mineral opportunities. The company's efforts are focused on supporting the development of a secure domestic supply chain for materials that are increasingly important to U.S. energy, technology and national security objectives. Peabody moves more earth annually across its Powder River Basin operations than any other coal miner, providing a unique combination of scale, infrastructure and ready access to a vast resource base with promising concentrations of rare earth elements and critical minerals. Announcement • Jul 01
Peabody Announces Appointment of Bryan Quinn to President of Global Operations, Effective August 1, 2026 Peabody announced Bryan Quinn has been named President of Global Operations effective August 1, 2026. In this role, he would report to, and work closely with, the Chief Operating Officer to oversee the company's global operations. Bryan Quinn would be based in Brisbane and serve as a member of the Executive Leadership Team. Bryan Quinn is a senior mining executive with more than 30 years' experience developing and managing large-scale open cut and underground coal and manganese mines in Australia, the Americas, and Africa. Bryan Quinn joined Peabody from his most recent position as CEO of Aurelia Metals in Australia. Prior to this role, Bryan Quinn spent 25 years at BHP in a variety of capacities including mergers and acquisitions strategy, joint venture management, and mine management. He holds an Honours Degree in Engineering (Mining) from the University of New South Wales. Announcement • May 07
Peabody Declares Quarterly Dividend on Its Common Stock, Payable on June 8, 2026 Peabody Energy Corporation announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on June 8, 2026 to stockholders of record on May 19, 2026. Announcement • Mar 30
Peabody Energy Corporation to Report Q1, 2026 Results on May 05, 2026 Peabody Energy Corporation announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 Announcement • Mar 28
Peabody Energy Corporation, Annual General Meeting, May 07, 2026 Peabody Energy Corporation, Annual General Meeting, May 07, 2026. Announcement • Feb 05
Peabody Declares Quarterly Dividend on Its Common Stock, Payable on March 10, 2026 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on March 10, 2026 to stockholders of record on February 23, 2026. Announcement • Jan 22
Peabody Energy Corporation to Report Q4, 2025 Results on Feb 05, 2026 Peabody Energy Corporation announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 05, 2026 Announcement • Nov 21
Peabody Energy Corporation Announces Board and Committee Appointments Peabody announced its Board of Directors has elected Georganne Hodges and Clayton Walker as members of the company's Board. Ms. Hodges is an international board director and former energy chief financial officer with nearly 40 years of experience working across the energy industry value chain. Mr. Walker is a senior executive with more than 30 years' experience in operations and strategic development across complex mining projects with emphasis in North and South America, Australia and Japan. Ms. Hodges currently serves as an independent Director and Audit Committee member on the Board of PBF Energy; as an independent Director and Audit Committee Chair, Compensation Committee, and Nominating & Governance committee member for National Gas Services Group; as well as the Chairman of the Board for BWC Terminals. Prior to her retirement, she served as Executive Vice President of Motiva Enterprises, a Saudi Aramco company, where she led the Supply, Trading & Logistics business. She also held the position of Chief Financial Officer for Spark Energy, Inc, a publicly traded retail energy company, where she successfully completed the company's IPO in 2014. She began her career in public accounting and is a licensed CPA in Texas and a Certified Director of NACD. She holds a Bachelor of Business Administration, Accounting and Finance from the Hankamer School of Business at Baylor University. Mr. Walker recently retired as Chief Growth and Development Officer, Copper at Rio Tinto plc, where he was responsible for safety, operational performance and growth. He previously served as Chief Operating Officer for Rio Tinto's Copper product group, where he led global teams focused on growth and decarbonization through a world-class copper portfolio. His responsibilities included oversight of major operations and projects across the Americas, including Rio Tinto Kennecott in Utah and Resolution Copper in Arizona. Prior to joining Copper, he served as Chief Executive Officer and Executive Chairman of Iron Ore Company of Canada. He holds a Master of Business Administration from the University of Utah and a Bachelor of Science, Metallurgical Engineering from the University of Utah. Ms. Hodges will serve as a member of the Board's Audit Committee and Nominating and Corporate Governance Committee. Mr. Walker will serve as a member of the Board's Health, Safety, Security, and Environment Committee and Compensation Committee. With these additions, effective November 19, Peabody's board has 10 members. Announcement • Oct 30
Peabody Declares Quarterly Dividend on its Common Stock, Payable on December 3, 2025 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on December 3, 2025 to stockholders of record on November 13, 2025. Announcement • Oct 21
Peabody Energy Corporation to Report Q3, 2025 Results on Oct 30, 2025 Peabody Energy Corporation announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025 Announcement • Jul 31
Peabody Declares Quarterly Dividend on its Common Stock, Payable on September 3, 2025 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on September 3, 2025 to stockholders of record on August 14, 2025. Announcement • Jul 17
Peabody Energy Corporation to Report Q2, 2025 Results on Jul 31, 2025 Peabody Energy Corporation announced that they will report Q2, 2025 results on Jul 31, 2025 Announcement • May 06
Peabody Declares Quarterly Dividend on Common Stock, Payable on June 4, 2025 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on June 4, 2025 to stockholders of record on May 15, 2025. Announcement • May 05
Buyers Reportedly Eye Peabody Coal Assets After $5.8 Billion Anglo Portfolio Buy US-based Peabody Energy Corporation (NYSE:BTU) is understood to be fielding approaches from parties testing whether it would sell some coal assets following its $5.8 billion deal to buy Queensland coal mines from Anglo American last year. Since January, Peabody's share price has fallen about 40%, in line with a decline of the metallurgical coal price. It creates larger challenges for the St Louis-based miner to secure the capital to pay for its transaction at a time when debt costs for the commodity have also increased. Groups such as Japan's Nippon Steel have pre-emptive rights over the assets as a part shareholder, and perhaps it could acquire one of the assets from Peabody from another suitor. But others would see the assets as worth less than last year when the coal price as higher, so probably wouldn't pay up. Peabody could follow through on its acquisition and sell assets later, and even if it makes a loss on a sale it may be better off getting money through the door than it otherwise would be. The miner indicated it may be exploring options over whether it can extract itself from the Anglo American deal after another fire occurred at the Moranbah North mine in Queensland. This followed the Grosvenor coal mine exploding and catching fire last year. But sources suggest the deal is watertight and Peabody may face a costly lawsuit if it breaks its terms of the transaction, due to complete within the next two months. Peabody fended off competition to buy Anglo's Queensland coal portfolio in November. At the time of the announcement, Peabody Energy said it would look to finance the deal at a leverage ceiling of 1.5 times earnings. It would refinance the bridging loan with high-yielding secured notes, a secured term loan and minority stake sales of its mines, including its Centurion mine in Australia (currently under way), Moranbah, Grosvenor and Capcoal mines. Other forms of funding would be convertible unsecured notes and common equity and reclamation bonding alternatives. Announcement • Apr 25
Peabody Energy Corporation to Report Q1, 2025 Results on May 06, 2025 Peabody Energy Corporation announced that they will report Q1, 2025 results on May 06, 2025 Announcement • Mar 28
Peabody Energy Corporation, Annual General Meeting, May 08, 2025 Peabody Energy Corporation, Annual General Meeting, May 08, 2025. Location: peabody plaza, 701 market street, missouri 63101, st. louis United States Announcement • Feb 06
Peabody Declares Quarterly Dividend on Common Stock, Payable on March 11, 2025 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on March 11, 2025 to stockholders of record on February 19, 2025. Announcement • Jan 28
Peabody Energy Corporation to Report Q4, 2024 Results on Feb 06, 2025 Peabody Energy Corporation announced that they will report Q4, 2024 results on Feb 06, 2025 Announcement • Nov 27
Peabody Energy Corporation (NYSE:BTU) agreed to acquire Steelmaking Coal Business in Australia of Anglo American plc from Anglo American plc (LSE:AAL) for $3.8 billion. Peabody Energy Corporation (NYSE:BTU) agreed to acquire Steelmaking Coal Business in Australia of Anglo American plc from Anglo American plc (LSE:AAL) for $3.8 billion on November 25, 2024. A cash consideration of $2.05 billion will be paid by Peabody Energy Corporation. As per the transaction, Peabody’s agreed cash consideration of up to $3.775 billion comprises an upfront cash consideration of $2.05 billion at completion, deferred cash consideration of $725 million, the potential for up to US$550 million in a price-linked earnout and contingent cash consideration4 of $450 million linked to the reopening of the Grosvenor mine. Anglo American plc (LSE:AAL) has secured a bridge facility commitment to finance the acquisition. The transaction is subject to regulatory approvals. The transaction is expected to close in mid 2025 to Q3 2025. Moelis & Company LLC and MA Financial Group Limited acted as financial advisor and Jones Day and Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor to Peabody Energy Corporation. The Goldman Sachs Group, Inc. (NYSE:GS) acted as financial advisor to Anglo American plc. Recent Insider Transactions • Nov 12
Executive VP & CFO recently sold €275k worth of stock On the 6th of November, Mark Spurbeck sold around 10k shares on-market at roughly €27.51 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €26.59, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 175% over the past three years. Declared Dividend • Nov 03
Third quarter dividend of US$0.075 announced Shareholders will receive a dividend of US$0.075. Ex-date: 14th November 2024 Payment date: 4th December 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 16% over the next 2 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range. New Risk • Nov 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (12% net profit margin). Announcement • Oct 31
Peabody Declares Quarterly Dividend, Payable December 4, 2024 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on December 4, 2024 to stockholders of record on November 14, 2024. Announcement • Oct 19
Peabody Energy Corporation Announces Resignation of Marc E. Hathhorn as Executive Officer, Effective October 31, 2024 On October 14, 2024, Marc E. Hathhorn, one of the named executive officers of Peabody Energy Corporation notified the Company of his intention to resign from the Company, effective October 31, 2024, to pursue other opportunities. Announcement • Sep 25
Thomist Capital Management Engages with Peabody Energy, Advocates for Shareholder Value Initiatives On September 24, 2024, Thomist Capital Management, LP announced that it remains engaged in a constructive and collaborative dialogue with the management of Peabody Energy Corporation and is encouraged by steps taken by management to unlock and accelerate value for shareholders. The Jefferies Conference Investor Presentation from September 5, 2024, shows an increasing commitment to the buyback and discloses the NAV of the Centurion asset. Thomist Capital stated that, as previously disclosed, it has made suggestions to the Company’s management team regarding operational and strategic opportunities to maximize shareholder value, including, but not limited to: (i) a shareholder return plan focused on share buybacks given the $1.45 billion of cash currently on the balance sheet, (ii) unlocking value in the Company’s Powder River Basin (PRB) asset, and (iii) selling down a stake in Centurion to free up cash flow for shareholder returns while simultaneously placing a strong valuation marker on the asset, and may pursue other plans or proposals. In addition, Thomist Capital stated that it intends to have a dialogue with the Company’s management regarding these proposals and may also engage with the board of directors, other shareholders, industry analysts, potential strategic partners, investment professionals, and credit sources to explore further opportunities for enhancing shareholder value. Declared Dividend • Aug 05
Second quarter dividend of US$0.075 announced Shareholders will receive a dividend of US$0.075. Ex-date: 15th August 2024 Payment date: 4th September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 29% over the next 3 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$1.41 (vs US$1.27 in 2Q 2023) Second quarter 2024 results: EPS: US$1.41 (up from US$1.27 in 2Q 2023). Revenue: US$1.04b (down 18% from 2Q 2023). Net income: US$201.0m (up 11% from 2Q 2023). Profit margin: 19% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Peabody Energy Corporation Declares Quarterly Dividend, Payable on September 4, 2024 On August 1, 2024, Peabody Energy Corporation announced that its Board of Directors declared a quarterly dividend of $0.075 per share on the Company’s common stock. The dividend is payable on September 4, 2024 to stockholders of record on August 15, 2024. Announcement • Jul 16
Peabody Energy Corporation to Report Q2, 2024 Results on Aug 01, 2024 Peabody Energy Corporation announced that they will report Q2, 2024 results on Aug 01, 2024 Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Kathy Banks was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 05
First quarter dividend of US$0.075 announced Shareholders will receive a dividend of US$0.075. Ex-date: 15th May 2024 Payment date: 5th June 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 32% over the next 3 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range. Announcement • May 03
Peabody Board Declares Quarterly Dividend on Common Stock, Payable on June 5, 2024 Peabody Energy Corporation announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on June 5, 2024 to stockholders of record on May 16, 2024. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$0.31 (vs US$1.87 in 1Q 2023) First quarter 2024 results: EPS: US$0.31 (down from US$1.87 in 1Q 2023). Revenue: US$983.6m (down 28% from 1Q 2023). Net income: US$40.3m (down 85% from 1Q 2023). Profit margin: 4.1% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 82% per year whereas the company’s share price has increased by 78% per year. Announcement • Apr 17
Peabody Energy Corporation (NYSE:BTU) acquired Southern area of Wards Well tenement from Stanmore Resources Limited (ASX:SMR) Peabody Energy Corporation (NYSE:BTU) entered into definitive sale and purchase agreement to acquire Southern area of Wards Well tenement from Stanmore Resources Limited (ASX:SMR) for $140 million on October 25, 2023. The transaction is conditional on the satisfaction of certain limited conditions precedent, including but not limited to - FIRB approval, execution of a royalty deed and associated royalty security, ministerial approval from QLD Department of Natural Resources and Mines for the sale and boundary realignment and certain other regulatory approvals and agreement in relation to infrastructure sharing arrangements between Peabody and Stanmore. The transaction is expected to close in 1H 2024.Peabody Energy Corporation (NYSE:BTU) completed the acquisition of Southern area of Wards Well tenement from Stanmore Resources Limited (ASX:SMR) on April 16, 2024. Recent Insider Transactions • Feb 29
Executive VP & COO recently sold €589k worth of stock On the 23rd of February, Darren Yeates sold around 26k shares on-market at roughly €22.84 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €756k. Darren has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Recent Insider Transactions • Feb 16
Executive VP & COO recently sold €756k worth of stock On the 12th of February, Darren Yeates sold around 32k shares on-market at roughly €23.65 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Darren's only on-market trade for the last 12 months. Upcoming Dividend • Feb 14
Upcoming dividend of US$0.075 per share at 1.2% yield Eligible shareholders must have bought the stock before 21 February 2024. Payment date: 13 March 2024. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$5.00 (vs US$9.12 in FY 2022) Full year 2023 results: EPS: US$5.00 (down from US$9.12 in FY 2022). Revenue: US$4.95b (flat on FY 2022). Net income: US$760.0m (down 41% from FY 2022). Profit margin: 15% (down from 26% in FY 2022). Revenue is forecast to decline by 7.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 96% per year, which means it is significantly lagging earnings growth. Announcement • Feb 08
Peabody Energy Corporation Declares Quarterly Dividend, Payable on March 13, 2024 Peabody Energy Corporation announcing that its Board of Directors declared a quarterly dividend of $0.075 per share on the Company’s common stock. The dividend is payable on March 13, 2024 to stockholders of record on February 22, 2024. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €24.26, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 489% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.85 per share. Announcement • Jan 19
Peabody Energy Corporation to Report Q4, 2023 Results on Feb 08, 2024 Peabody Energy Corporation announced that they will report Q4, 2023 results on Feb 08, 2024 Upcoming Dividend • Nov 01
Upcoming dividend of US$0.075 per share at 1.3% yield Eligible shareholders must have bought the stock before 08 November 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 0.7% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%). Announcement • Oct 28
Peabody Energy Corporation (NYSE:BTU) entered into definitive sale and purchase agreement to acquire Southern area of Wards Well tenement from Stanmore Resources Limited (ASX:SMR) for $140 million. Peabody Energy Corporation (NYSE:BTU) entered into definitive sale and purchase agreement to acquire Southern area of Wards Well tenement from Stanmore Resources Limited (ASX:SMR) for $140 million on October 26, 2023. The transaction is conditional on the satisfaction of certain limited conditions precedent, including but not limited to - FIRB approval, execution of a royalty deed and associated royalty security, ministerial approval from QLD Department of Natural Resources and Mines for the sale and boundary realignment and certain other regulatory approvals and agreement in relation to infrastructure sharing arrangements between Peabody and Stanmore. The transaction is expected to close in 1H 2024. Announcement • Oct 27
Peabody Declares Dividend on Common Stock, Payable on November 29, 2023 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on November 29, 2023 to stockholders of record on November 9, 2023. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$0.78 (vs US$2.61 in 3Q 2022) Third quarter 2023 results: EPS: US$0.78 (down from US$2.61 in 3Q 2022). Revenue: US$1.08b (down 20% from 3Q 2022). Net income: US$117.4m (down 69% from 3Q 2022). Profit margin: 11% (down from 28% in 3Q 2022). Revenue is expected to decline by 9.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has increased by 167% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 17
Peabody Energy Corporation Appoints M. Katherine Banks to Board of Directors Peabody Energy Corporation announced that Dr. M. Katherine Banks has been appointed as a member of the company's Board of Directors. Dr. Banks is the former president of Texas A&M University. With this addition, Peabody's Board has ten members. Dr. Banks has over 40 years of experience in engineering, technology, and academia. Prior to serving as President of Texas A&M University and Vice Chancellor of National Laboratories for the Texas A&M University System she held numerous leadership positions in engineering schools. Dr. Banks is an Elected Fellow of the American Society of Civil Engineers and was elected to the National Academy of Engineering in 2014. Dr. Banks also currently serves as an independent director of Halliburton Company. Dr. Banks holds a bachelor's degree in engineering from the University of Florida, a master's degree in engineering from the University of North Carolina, and a doctoral degree in civil and environmental engineering from Duke University. Dr. Banks will serve on both the Board's Health, Safety, Security and Environmental Committee and Audit Committee. Announcement • Oct 13
Peabody Energy Corporation to Report Q3, 2023 Results on Oct 26, 2023 Peabody Energy Corporation announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Sep 21
Whitehaven Reportedly Leads the Way in Auction for BHP Coal Mines BHP Group Limited (ASX:BHP) is asking the short-listed bidders for its two Queensland coal mines on offer to resubmit offers on September 25 after final bids landed last month. DataRoom revealed earlier that suitors had until the end of the month to lock in funding for a transaction and that Whitehaven was firming as the favourite to win the contest. Left in the contest are Whitehaven Coal Limited (ASX:WHC), bidding for both assets, Peabody Energy Corporation (NYSE:BTU) bidding for the Daunia mine, BUMA bidding for the Blackwater mine and Stanmore Resources Limited (ASX:SMR) bidding for Daunia. Sources say Stanmore Coal, which is sourcing debt to fund its bid with help from Grant Samuel, is believed to be the most conservative of the bidders when it comes to price. UBS has put a USD 2.5 billion value on Blackwater, which analysts say has a 50-year mine life, and a USD 800 million value on Daunia, which they believe has a 17-year mine life, with USD 1 billion of rehab liabilities on the former and USD 250 million on the latter. Some Whitehaven shareholders are warming to the prospect of the coal miner buying both Daunia and Blackwater in a deal that may top USD 3 billion. DataRoom first revealed Whitehaven was bidding for both mines on August 24, and the company confirmed this on Monday. It also reiterated comments made while reporting its results last month that it had suspended its share buyback as it considered growth opportunities. Upcoming Dividend • Aug 02
Upcoming dividend of US$0.075 per share at 1.3% yield Eligible shareholders must have bought the stock before 09 August 2023. Payment date: 30 August 2023. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.2%). Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. President, CEO & Director Jim Grech was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 28
Peabody Board Declares Dividend on Common Stock, Payable on August 30, 2023 Peabody announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on August 30, 2023 to stockholders of record on August 10, 2023. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$1.14 (vs US$2.85 in 2Q 2022) Second quarter 2023 results: EPS: US$1.14 (down from US$2.85 in 2Q 2022). Revenue: US$1.27b (down 4.0% from 2Q 2022). Net income: US$180.5m (down 56% from 2Q 2022). Profit margin: 14% (down from 31% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.4%. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 100% per year, which means it is significantly lagging earnings growth. Announcement • Jul 14
Peabody Energy Corporation to Report Q2, 2023 Results on Jul 27, 2023 Peabody Energy Corporation announced that they will report Q2, 2023 results on Jul 27, 2023 Upcoming Dividend • May 03
Upcoming dividend of US$0.075 per share at 1.3% yield Eligible shareholders must have bought the stock before 10 May 2023. Payment date: 31 May 2023. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (1.8%). Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: US$1.67 (vs US$0.87 loss in 1Q 2022) First quarter 2023 results: EPS: US$1.67 (up from US$0.87 loss in 1Q 2022). Revenue: US$1.36b (up 97% from 1Q 2022). Net income: US$269.8m (up US$388.5m from 1Q 2022). Profit margin: 20% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 93% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 21
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €28.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 10% per annum. Earnings is also forecast to decline by 53% per annum over the same time period. Buying Opportunity • Mar 31
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €27.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings is also forecast to decline by 55% per annum over the same time period. Recent Insider Transactions • Feb 22
Executive VP & COO recently sold €1.6m worth of stock On the 16th of February, Darren Yeates sold around 55k shares on-market at roughly €27.96 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Darren's only on-market trade for the last 12 months. Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: US$8.28 (vs US$3.03 in FY 2021) Full year 2022 results: EPS: US$8.28 (up from US$3.03 in FY 2021). Revenue: US$4.98b (up 50% from FY 2021). Net income: US$1.30b (up 285% from FY 2021). Profit margin: 26% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.1%. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
Peabody Energy Corporation to Report Q4, 2022 Results on Feb 14, 2023 Peabody Energy Corporation announced that they will report Q4, 2022 results on Feb 14, 2023 Recent Insider Transactions • Jan 11
Executive VP & CFO recently sold €145k worth of stock On the 4th of January, Mark Spurbeck sold around 6k shares on-market at roughly €23.24 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Is New 90 Day High Low • Nov 11
New 90-day low: €0.92 The company is down 58% from its price of €2.20 on 13 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.31 per share. Analyst Estimate Surprise Post Earnings • Nov 10
Revenue misses expectations Revenue missed analyst estimates by 13%. Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the Oil and Gas industry in Germany. Reported Earnings • Nov 10
Third quarter 2020 earnings released: US$0.66 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$671.0m (down 39% from 3Q 2019). Net loss: US$64.9m (loss narrowed 18% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 66% per year, which means it has not declined as severely as earnings. Announcement • Aug 17
Peabody Energy Corporation Unable to Provide Earnings Guidance for the Full Year of 2020 Peabody Energy Corporation unable to provide earnings guidance for the full year of 2020. Given continued uncertainties with respect to COVID-19, including the duration, severity, scope, and necessary government actions to limit the spread, Peabody is continuing its suspension of full-year 2020 guidance targets.