Added to YB: 2024-05-14
Pitch date: 2024-05-13
BTU [bullish]
Peabody Energy Corporation
+55.64%
current return
Author Info
Company Info
Peabody Energy Corporation engages in coal mining business. It operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.
Market Cap
$4.2B
Pitch Price
$21.83
Price Target
N/A
Dividend
0.87%
EV/EBITDA
8.72
P/E
-79.62
EV/Sales
1.06
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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