Added to YB: 2024-05-14
Pitch date: 2024-05-13
BTU [bullish]
Peabody Energy Corporation
+12.44%
current return
Author Info
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
$2.9B
Pitch Price
$21.71
Price Target
N/A
Dividend
1.26%
EV/EBITDA
7.50
P/E
-23.75
EV/Sales
0.74
Sector
Oil, Gas and Consumable Fuels
Category
value
2 stocks I'm watching: Peabody Energy Corporation
BTU: Peabody Energy, largest private coal co. Trades at EV/E of 3-6 on normalized earnings. Restarting Centurion mine, adding $300M profits by 2026 at $95/ton cost vs $255 price. Could reach $700M-$1.1B total earnings. Market cap $2.75B, EV $2.34B. Aggressively buying back shares. Cheap, but no strong view on coal prices. Centurion ramp not priced in, could be opportunity.
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