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Peabody Energy (BTU) investor relations material
Peabody Energy Jefferies Global Industrials Conference presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance and business overview
Generated $3.9B in revenue and $455M in adjusted EBITDA in 2025, with ~5,400 employees and 3,330 acres restored.
Maintained a record safety performance with a global incidence rate of 0.71, a 57% improvement since 2020.
Diversified coal portfolio includes seaborne metallurgical, seaborne thermal, Powder River Basin, and other U.S. thermal segments.
Zero net debt, strong cash position, and over $900M in liquidity as of mid-2026.
Returned ~$810M to shareholders since 2023, representing 29% of market cap at end of 2Q26.
Market trends and macro environment
Global coal demand is at record highs, with over 1,200 GW of new capacity in development, led by Asia.
U.S. power load is projected to grow ~27% from 2020 to 2035, driven by AI and data centers.
India has become the largest seaborne metallurgical coal importer, with imports up 10% last year.
Seaborne thermal coal supply is tightening due to Indonesian export curbs and underinvestment.
Coal remains a reliable energy source, especially during global conflicts and supply disruptions.
Segment performance and operational highlights
Seaborne metallurgical segment sold 8.6M tons in 2025, with $120.88 revenue/ton and $6.57 adjusted EBITDA/ton.
Seaborne thermal segment sold 15.4M tons, with $58.97 revenue/ton and $14.42 adjusted EBITDA/ton.
Powder River Basin segment sold 84.5M tons, with $13.64 revenue/ton and $2.08 adjusted EBITDA/ton.
Other U.S. thermal segment sold 13.4M tons, with $52.82 revenue/ton and $5.33 adjusted EBITDA/ton.
Centurion mine approaching full run rate, with August 2026 production at 222K tons and Q4 guidance of 1M+ tons.
- Shareholder returns topped $470 million as FY2023 Adjusted EBITDA declined and Centurion advanced.BTU
Q4 2023 - Q2 2026 revenue rose 13%, but net loss widened to $90.6 million as costs increased.BTU
Q2 2026 - All proposals passed, with strong 2025 results and a focus on safety, efficiency, and future growth.BTU
AGM 2026 - Net loss of $32.4 million, strong thermal coal demand, and Centurion delays marked Q1 2026.BTU
Q1 2026 - Voting standards clarified for all proposals; abstentions count against, broker non-votes have no effect.BTU
Proxy filing - Proxy covers director elections, pay, new incentive plan, auditor, and major ESG initiatives.BTU
Proxy filing - Record safety, Centurion ramp-up, and U.S. demand drive growth and returns for 2026.BTU
Q4 2025 - Q3 net loss of $70.1M on acquisition costs, but volumes and outlook improved for Q4 and 2025.BTU
Q3 2025 - Premium hard coking coal project with strong returns, Asian focus, and robust infrastructure.BTU
Status Update
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Next Peabody Energy earnings date
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