BTU
Peabody Energy Corporation27.76
-0.39-1.39%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Centurion details, FCF buybacks flagged
Q&A delivered execution details on Centurion, projecting 700k tons Q1 ramping to 1-1.1M Q2/Q3 before Q4 longwall move, with $100M annual North CapEx for three years plus $25M sustaining. Shareholder returns lead capital allocation, with substantial FCF at $225 met benchmark enabling near-100% payouts versus prior 65%. PRB pricing looks favorable into 2027 amid incremental demand, though value trumps volume. Seaborne thermal costs climb on Wilpinjong sequencing and 70¢ AUD. Buybacks resume soon. Management addressed cadence and pricing crisply; investors track met ramp and FCF delivery.
Key Stats
Market Cap
3.38BP/E (TTM)
-Basic EPS (TTM)
-0.25Dividend Yield
0.01%Recent Filings
8-K
Centurion longwall starts early
Peabody presented at BMO conference on February 23, 2026, highlighting Centurion longwall start two months ahead of schedule, targeting 3.5M tons in 2026 for met coal growth. U.S. thermal rebounds with 13% coal burn rise amid AI-driven demand; new contracts exceed $1B. Centurion ramps fast. 2026 guidance eyes 82-88M tons PRB at $13.40/ton.
10-K
FY2025 results
Peabody produced 120.3 million tons of coal in FY2025 ended December 31, 2025, down from prior years amid lower seaborne thermal output at Wilpinjong (10.5M tons vs 12.6M in 2024) yet lifted by Powder River Basin strength at North Antelope Rochelle (65.0M tons). Q4 momentum shone in Seaborne Metallurgical with Centurion ramping to 0.6M development tons (from 0.2M) ahead of full longwall startup February 2026, while Shoal Creek held steady post-fire recovery; Powder River volumes accelerated 6.2% y/y on demand. U.S. thermal margins held firm despite dragline outages, bolstered by OBBBA royalty cuts yielding $19M benefit. Year-end liquidity topped $942M with $575M cash; $470M remains for buybacks after $531M repurchases. Backlog swelled to 238M tons (+85M y/y). Arbitration over terminated Anglo M&A looms as a key risk to metallurgical momentum.
8-K
Q4 earnings, Centurion ahead
Peabody reported Q4 2025 net income of $10.4M and full-year Adjusted EBITDA of $454.9M despite lower seaborne prices, ending with $575M cash. Centurion longwall mining started two months early, targeting 3.5M tons premium coking coal in 2026. Board declared $0.075/share dividend, payable March 10. Cash fuels returns.
8-K
CEO transition locked in
Peabody Energy locked in CEO James Grech through May 2028 via a Transition Agreement effective December 17, 2025, followed by consulting until 2030 at $1.5M annually. Board ramps up successor search amid routine succession planning—no disagreements noted. Grech stays vested in LTIs. Smooth handover ahead.
8-K
Peabody adds board directors
Peabody Energy appointed Georganne Hodges and Clayton Walker to its board effective November 19, 2025, expanding to 10 members. Hodges, ex-energy CFO, joins Audit and Nominating committees; Walker, ex-Rio Tinto exec, takes Compensation and HSS&E seats. Board gains deep energy and mining expertise. New directors received prorated DSUs worth $62,500-$66,250.
IPO
Employees
Sector
Industry
AA
Alcoa Corporation
46.56+1.07
ARLP
Alliance Resource Partners, L.P
23.44-0.09
BHP
BHP Group Limited
58.62-0.57
CNR
Core Natural Resources, Inc.
83.05-1.92
CODQL
Coronado Global Res Inc
0.20+0.00
DUK
Duke Energy Corporation (Holdin
115.59-1.14
HCC
Warrior Met Coal, Inc.
83.55+0.04
HNRG
Hallador Energy Company
20.42-0.79
NC
NACCO Industries, Inc.
49.32-0.75
NRP
Natural Resource Partners LP Li
102.15-0.72