Added to YB: 2024-12-18
Pitch date: 2024-12-16
BTU [bullish]
Peabody Energy Corporation
+33.91%
current return
Author Info
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Company Info
Peabody Energy Corporation engages in coal mining business. It operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.
Market Cap
$3.5B
Pitch Price
$21.02
Price Target
44.00 (+51%)
Dividend
1.04%
EV/EBITDA
6.61
P/E
-112.57
EV/Sales
0.85
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Quick Value #248 - Peabody Energy (BTU)
BTU: Coal producer at 3x EBITDA. $2.3B Anglo acquisition adds met coal assets, changing business mix. Upside from new mines (Centurion, Grosvenor) by 2026. Net debt post-deal $1.65B. 2026 proj: $2B EBITDA, $44 PT (+100%). High leverage + capex = risk if coal prices drop. Like call option on coal prices.
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