Peabody Energy Corporation · NYSE:BTU
Peabody Energy — BB&T Capital Markets Coal and Diversified Mining Event 2013
10 slides from Peabody Energy's conference presentation, Aug 6, 2013
Slide 1: Life Empowered
Life Empowered BB&T Capital Markets Coal and Diversified Mining Event August 6, 2013 Michael C. Crews Executive Vice President and Chief Financial Officer Peabody Energy Peabody Energy
Slide 2: Statement on Forward-Looking Information
Statement on Forward-Looking Information Peabody Energy The use of the words “Peabody,” “the company,” “our” and “we” relate to Peabody Energy Corporation, its subsidiaries and majority-owned affiliates. Certain statements in this presentation are forward-looking within the meaning of Section 27A of
Slide 3: Overview
Overview Peabody Energy While near-term oversupply challenges remain, continued demand increases and production cutbacks expected to improve supply-demand balance Long-term view favorable as global urbanization continues to drive seaborne growth and U.S. demand shifts toward low-cost SPRB and Illino
Slide 4: U.S. Market Fundamentals
Topics of Interest: U.S. Market Fundamentals Peabody Energy Topic Peabody View Coal Demand Coal demand up 8%; natural gas generation down 14% YTD as utilities return to lower-cost generation Consumption projected to grow 50 - 70 million tons in 2013 Coal Supply Industry shipments down 5% YTD CAPP pr
Slide 5: Global Market Fundamentals
Topics of Interest: Global Market Fundamentals Peabody Energy Topic Peabody View Seaborne Coal Demand Seaborne thermal market expected to grow ~50 million tonnes in 2013 Expect 1.2 billion tonne increase in global coal demand over next five years 80%+ demand growth expected in China and India on con
Slide 6: Peabody Results and Outlook
Topics of Interest: Peabody Results and Outlook Peabody Energy Topic Peabody View Second Quarter 2013 Highlights Adjusted EBITDA of $254 million 6% lower U.S. and Australian costs Capital expenditures down ~60% YTD Asset optimization continues with sale of surplus Midwest reserves Debt reduced >$200
Slide 7: Peabody Priority Areas
Topics of Interest: Peabody Priority Areas Peabody Energy “Controlling the Controllable” in Uncertain Markets Operational Excellence Successfully implemented owner-operator conversions in Australia Productivity increases and remediation improve PCI mine costs by 20% from 2012 Optimizing operations t
Slide 8: Peabody Platform Shaped to Meet Needs of Changing Markets
Peabody Platform Shaped to Meet Needs of Changing Markets Peabody Energy Growing Australian platform capitalizing on rising Asian demand Leading position in low-cost SPRB and Illinois Basin Aggressive focus on cost control across platform Low sustaining capex; major focus on debt reduction Managing
Slide 9: Peabody Energy
Peabody Energy www.PeabodyEnergy.com Life Empowered
Slide 10: Appendix: Reconciliation of Non-GAAP Measures
Appendix: Reconciliation of Non-GAAP Measures Peabody Energy Reconciliation of Adjusted EBITDA, Adjusted (Loss) Income from Continuing Operations and Adjusted Diluted EPS (Unaudited) Quarter Ended Year Ended Mar. 31, Jun. 30, Sept. 30, 2013 Dec. 31, 2013 (1) 2013 (1) Low (2) High (2) 2012 (1) 2011 (
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