Business
Peabody Reports Results For Quarter Ended March 31, 2025
Peabody (NYSE: BTU) today reported net income attributable to common stockholders of $34.4 million, or $0.27 per diluted share, for the first quarter of 2025, compared to $39.6 million, or $0.29 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $144.0 million in the first quarter of 2025 compared to $160.5 million in the prior year quarter.
About this update from Peabody Energy Corporation
[{"type":"text","content":"Strong First Quarter Results on Favorable Cost Performance & Seaborne Thermal Volumes","length":89,"tagName":"p","attribs":{}},{"type":"text","content":"Centurion Development Continuing Progress Toward Q1 2026 Longwall Production","length":76,"tagName":"p","attribs":{}},{"type":"text","content":"Peabody Signs Multi-Year Contract to Provide Coal to Midwestern Generating Stations","length":83,"tagName":"p","attribs":{}},{"type":"text","content":"ST. LOUIS, May 6, 2025 /PRNewswire/ -- Peabody (NYSE: BTU) today reported net income attributable to common stockholders of $34.4 million, or $0.27 per diluted share, for the first quarter of 2025, compared to $39.6 million, or $0.29 per diluted share in the prior year quarter. Peabody had Adjusted EBITDA1 of $144.0 million in the first quarter of 2025 compared to $160.5 million in the prior year quarter.","length":414,"tagName":"p"},{"type":"text","content":""Peabody is off to a strong start in 2025, controlling the controllables with solid volumes and great cost management that mitigated impacts of cyclically low seaborne coal prices," said Peabody President and CEO Jim Grech. "All segments continue to generate favorable Adjusted EBITDA, and our low-cost U.S. operations benefit from both a positive policy backdrop and good supply/demand fundamentals."","length":421,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Reported first quarter Adjusted EBITDA of $144 million and generated operating cash flow of $120 million.","length":105,"tagName":"p"}]},{"val":[{"type":"text","content":"Contained costs successfully with average costs per ton below the guidance levels in Seaborne Thermal and Metallurgical segments, and near the low end of guidance in PRB and Other U.S. Thermal segments.","length":202,"tagName":"p"}]},{"val":[{"type":"text","content":"Remains on budget and ahead of planned development at the Centurion Mine, with the mine ahead of its target of 500,000 tons of sales in 2025 in advance of longwall production in the first quarter of 2026.","length":204,"tagName":"p"}]},{"val":[{"type":"text","content":"Signed a seven-year contract to provide seven to eight million tons of coal per year to Associated Electric Cooperative, Inc.","length":125,"tagName":"p"}]},{"val":[...