Coal News & Price Data – August 2, 2024 – API 2 Thermal Rises as Met Tries to Stabilize
August 2, 2024
A rundown of the week’s news and price assessments…
Tag: Peabody
Peabody Energy Corporation Reports Q2 2024 Earnings and Operational Highlights
August 2, 2024
Peabody reported strong financial results for Q2 2024, beating estimates by a wide margin with a net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, and adjusted EBITDA of $309.7 million…
Grosvenor Mine Fire Will Tighten Met Coal Markets
June 30, 2024
Anglo’s Grosvenor Coal Mine in Queensland, Australia was evacuated Saturday morning after a methane ignition caused a fire which engulfed the operation. Here, we take a look at possible effects on met coal markets…
Technical Analysis Series – BTU
June 27, 2024
For our third installment in the series here, I thought it best to tackle Peabody Energy BTU -1.91%↓. That’s not necessarily because it’s an interesting risk-reward at this point in the market cycle. Rather, it’s simply because I get more questions on it than any other coal stock. Well, that and it has had the most predictable trading range of the entire sector…
Getting the Story Straight on BTU
May 2, 2024
The Twitterati love to trash BTU management after earnings calls…but that’s because they don’t understand the story.
Coal News & Price Data – April 11, 2024 – Analysts Issue More Upgrades & Downgrades
April 11, 2024
Citi has raised its rating on April 11 for Warrior Met Coal to ‘Buy’ from ‘Neutral’ and increased the target price to $75
Peabody Announces Preliminary First Quarter 2024 Results
April 11, 2024
Peabody Energy released preliminary financial results for the first quarter of 2024 today.
Technical Analysis Update
April 5, 2024
Herewith the monthly technical analysis update along with some quick commentary on each coal producer.
Demopolis Locks in Alabama to open May 30, 2024
April 4, 2024
The failed Demopolis Lock near the junction of the Tombigbee and Black Warrior rivers in Alabama is expected to reopen 30 May after repairs
Elliott off the Peabody Board
March 30, 2024
Peabody (NYSE: BTU) today filed its Proxy Statement for its 2024 Annual Meeting of Stockholders to be held on May 9, 2024
Met Producer Comps
March 20, 2024
Now that we’ve seen another annual rug pull in metallurgical coal markets, I thought it appropriate to revise forecasts and valuation comps