Peabody Energy Corp
F:PBE

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Peabody Energy Corp Logo
Peabody Energy Corp
F:PBE
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Price: 20.25 EUR -3.89%
Market Cap: €2.5B

Peabody Energy Corp
Investor Relations

Peabody Energy is a coal mining company that digs up and sells two main types of coal: thermal coal, which is burned to make electricity, and metallurgical coal, which is used in steelmaking. It sells to power plants, industrial users, and steel producers, mainly through long-term supply contracts and market-based coal sales. In simple terms, Peabody sits at the beginning of the coal supply chain and turns underground reserves into fuel and raw material for heavy industry. The company makes money when it extracts coal from its mines, processes it, and ships it to customers. Its business depends on the price of coal, the quality and location of its reserves, and the cost of moving coal by rail, port, and ship. Because coal is a basic commodity, Peabody’s earnings are tied closely to customer demand, energy markets, and steel production rather than to branded products or consumer loyalty. What makes Peabody different is that it is not a utility or an end user of energy; it is a supplier of mined fuel and steelmaking feedstock. That puts it in a capital-intensive, heavily regulated industry where geology, logistics, and commodity pricing matter a lot. Its role is to produce and deliver coal to large industrial customers that need a steady physical supply.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 5, 2026
AI Summary
Q1 2026

Quarterly results: Peabody reported a first-quarter net loss of $32.4 million, or $0.27 per diluted share, but adjusted EBITDA of $82.5 million, helped by stronger seaborne thermal performance and solid U.S. thermal demand.

Centurion setback: The big negative in the quarter was Centurion, where commissioning issues slowed the longwall ramp. Full-year Centurion sales guidance was cut to 2.5 million tons from 3.5 million tons, and the company now expects the remaining issues to mostly clear in the second quarter.

Thermal strength: Seaborne thermal coal benefited from higher Asian demand, higher LNG prices, and tighter supply after the Middle East conflict and Indonesia’s domestic coal directive, which pushed prices higher.

Cost pressure: Higher diesel and fuel costs are lifting guidance across several segments, especially PRB and seaborne thermal, but management said the impact is manageable and mostly tied to the current forward price strip.

Capital returns: Management said it sees substantial free cash flow ahead once Centurion reaches full production, and highlighted both share buybacks and the 2028 convertible as possible uses of capital.

New growth ideas: Peabody advanced a rare earths and critical minerals pilot plant plan and completed a proof-of-concept PRB export shipment through Mexico’s Port of Guaymas, opening a possible West Coast export route.

Key Financials
Net loss attributable to common stockholders
$32.4 million
Diluted EPS
$0.27
Adjusted EBITDA
$82.5 million
Seaborne thermal volume
3 million tons
Seaborne thermal realized price
$86.25 per ton
Seaborne thermal cost
$50.26 per ton
Seaborne thermal adjusted EBITDA
$48.5 million
Seaborne thermal adjusted EBITDA margin
25%
Seaborne metallurgical shipments
2 million tons
Seaborne metallurgical cost
$142 per ton
Seaborne metallurgical adjusted EBITDA
-$7 million
U.S. thermal adjusted EBITDA
$61.5 million
PRB shipments
21.2 million tons
PRB adjusted EBITDA
$23.7 million
Other U.S. thermal shipments
3.3 million tons
Other U.S. thermal adjusted EBITDA
$37.8 million
Centurion full-year sales outlook
2.5 million tons
Centurion segment cost guidance
$123 to $133 per ton
PRB full-year cost guidance
$13.25 per ton
Cash
just under $500 million
Total liquidity
above $850 million
Wyoming Energy Authority grant
$6.25 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. James C. Grech
President, CEO & Director
No Bio Available
Mr. Mark A. Spurbeck CPA
Executive VP & CFO
No Bio Available
Mr. Darren Ronald Yeates B Eng., FAICD, Grad Dip Mgt, GradDipAppFin, M.B.A.
Executive VP & COO
No Bio Available
Mr. Scott T. Jarboe J.D.
Chief Administrative Officer & Corporate Secretary
No Bio Available
Ms. Karla Kimrey
Vice President of Investor Relations
No Bio Available
Mr. Robert F. Bruer
Vice President of Tax Planning & Compliance
No Bio Available
Mr. Malcolm Roberts
Chief Marketing Officer
No Bio Available
Mr. Walter L. Hawkins Jr.
Senior Vice President of Finance
No Bio Available
Mr. Greg Vandiver
Senior Vice President of Sales & Marketing - Coalsales
No Bio Available
Mr. Patrick J. Forkin III
Chief Development Officer
No Bio Available

Contacts

Address
MISSOURI
St. Louis
701 Market St
Contacts
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