About Peabody Energy Corporation Common Stock (BTU)
Peabody Energy Corporation is a leading coal producer that operates coal mines and provides coal-based products and services to customers globally. The company focuses on the extraction, production, and sale of coal for electricity generation, industrial applications, and metallurgical processes. Peabody operates in various regions, with a commitment to maintaining sustainable practices and energy solutions. It also invests in innovation and technology to reduce the environmental impact of coal usage while addressing the evolving energy needs of the market. Read More
Leading coal stocks rallied on Tuesday amidst a broader market decline after U.S. President Donald Trump signed an executive order aimed at "reinvigorating America's beautiful clean coal industry" according to a White House fact sheet on the matter.
Stock futures tumbled on Tuesday evening as markets braced for President Donald Trump's 104% tariff on Chinese imports taking effect at 12:01 a.m. ET Wednesday, erasing a brief relief rally and sending major indexes to significant lows.
As the regular session of the US market concludes on Tuesday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
The major indexes are higher this afternoon, shaking off a March consumer confidence reading of 92.9 -- the lowest in 12 years, and well below analyst estimates.
Commodity prices regularly swing 25-30% or more in any given year. When this happens, the financial health of these firms can get dicey very quickly, given the amount of capital investment it requires to run them.
Wall Street personalities and market watchers are closely monitoring coal stocks following unexpected industry dynamics, with Jim Cramer hinting at a potential sector resurgence.
Anglo American sells Australian coal portfolio to Peabody Energy for $3.8 billion in line with strategy to focus on high-margin, future-facing commodities.
Anglo American to sell 33.3% stake in Jellinbah Group to Zashvin for $1.1 billion and focus on copper, iron ore, and crop nutrients.Anglo American sells Jellinbah stake, focuses on copper, iron ore, and crop nutrients. Will net $5-6b from divesting remaining coal assets.
China's largest coal producer, CHN Energy, invests $24B in coal-to-petroleum facility to reduce reliance on imported oil and manage surplus production.
As part of our ongoing series, each week we will focus on one of the stocks from our stock screeners, and take a look at why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks on our list is: Peabody Energy Corp.
Coal stocks including Peabody Energy and Arch Resources jumped following a key Supreme Court ruling, former President Donald Trump's debate win and a mine explosion.
