Recent Updates — BTU
On July 9, 2026, the Mine Safety and Health Administration (MSHA) issued an imminent danger order under Section 107(a) of the Federal Mine Safety and Health Act of 1977 to Peabody Powder River Mining, LLC at its North Antelope Rochelle surface mine in Wyoming. The order was triggered by a catch berm filled with material adjacent to an active haul road, posing a risk of falling debris onto vehicle routes. NARM personnel promptly removed miners from the affected area and took corrective actions, leading MSHA to terminate the order later that same day. No injuries resulted from the condition. Peabody Energy Corporation is a major producer of thermal and metallurgical coal.
Peabody Energy Corporation announced that Executive Vice President and Chief Operating Officer Darren R. Yeates entered into a Consulting Services Agreement effective February 1, 2027, following the expiration of his employment contract. Mr. Yeates will provide up to 40 hours of consulting services per month through January 31, 2028, receiving a minimum monthly fee of $89,773 and an additional hourly rate of $2,244 for excess hours. The agreement allows for termination without cause with payment of remaining fees or for cause without such payments. Peabody Energy Corporation is a coal mining company that produces and markets thermal and metallurgical coal.
Peabody Energy reported a second quarter 2026 net loss attributable to common stockholders of $90.6 million, or $0.74 per diluted share, compared to a $27.6 million loss in the prior-year period. Adjusted EBITDA fell to $24.0 million from $93.3 million year-over-year due to temporarily lower volumes and higher costs at the Centurion Mine. The company announced strategic financial actions including the issuance of $250 million in 2031 convertible notes, a capped call transaction, and the repurchase of $241.2 million in 2028 convertible notes for $386.8 million, effectively retiring 5.0 million shares. Additionally, Peabody revised surety arrangements to reduce reclamation cash collateral requirements by approximately $350 million and increased its revolving credit facility capacity to $400 million. The Board declared a quarterly dividend of $0.075 per share, payable on September 3, 2026, to stockholders of record on August 12, 2026. Peabody Energy Corporation is a leading coal producer providing essential products for the production of affordable, reliable energy and steel.
Peabody Energy Corporation entered into Amendment No. 3 to its Credit Agreement on June 30, 2026, increasing the aggregate principal amount of its revolving credit facility from $320,000,000 to $400,000,000. The amendment also extended the maturity date of the revolving commitments and related loans to June 30, 2030, and decreased the interest rate margin over SOFR or the base rate to a range of 3.25% to 4.00% or 2.25% to 3.00% depending on leverage. Peabody Energy Corporation is a coal and energy resources company that provides thermal and metallurgical coal products for global markets.