Added to YB: 2026-09-23
Pitch date: 2026-07-06
BTU [bullish]
Peabody Energy Corporation
+15.52%
current return
Author Info
No bio for this author
Company Info
Peabody Energy Corporation engages in the production of metallurgical and thermal coal. It operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, and Other U.
Market Cap
$3.1B
Pitch Price
$22.86
Price Target
45.00 (+68%)
Dividend
1.19%
EV/EBITDA
9.57
P/E
-16.83
EV/Sales
0.75
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Peabody Energy Corporation - $BTU
BTU: Peabody’s most important upside is restructuring punitive ARO bonding facilities, which could release $400-$700M of restricted cash — 15-25% of current enterprise value — and support capital returns. At under 4x expected 2026 adjusted EBITDA, with a $45 target implying almost 100% upside and a current 1.4% yield, valuation discounts Centurion’s long-term value; further mine delays, cost overruns and coal-price volatility are the key risks.
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