Peabody at a Glance
Peabody Energy (NYSE: BTU) is the world’s largest private-sector coal company and a global leader in clean coal solutions. Peabody’s coal products fuel 10 percent of all U.S. and 2 percent of worldwide electricity generation.
Peabody’s global platform reaches six continents and creates a strategic advantage. The company has approximately 9 billion tons of proven and probable coal reserves and owns, through its subsidiaries, majority interests in 30 coal operations located throughout all major U.S. coal-producing regions and in Australia.
Peabody is uniquely positioned for success with the best access to fastest growing global markets with expanding Australia platform, trading activities and Asia growth projects; as the largest producer in fastest growing U.S. regions with excellent contracting position; and with an unmatched reserve base and liquidity to create shareholder value.
Peabody markets, brokers and trades coal in the world’s fastest-growing economies. Peabody has trading and business offices in China, Australia, the United Kingdom, Singapore, Indonesia, Germany and the United States. Other energy-related commercial initiatives include the development of supercritical generation, the management of vast coal reserves, and Btu Conversion technologies to trans
form coal to natural gas and transportation fuels.
Among the company’s superior results in 2011, Peabody:
- Achieved record safety performance, improving Peabody’s incident rate 30 percent compared to the prior year;
- Delivered record revenues of $7.97 billion, an 18 percent improvement led by higher pricing realizations across the company’s global platform and increased volume in the United States;
- Increased EBITDA 16 percent to $2.13 billion – including one-time acquisition-related impacts – the highest level in Peabody’s history driven by higher margins and increased volumes;
- Improved operating profit 18 percent, reflecting record operating cash flows of $1.63 billion, operational cost containment and increased contributions from all segments;
- Strengthened Peabody’s leadership in the lowest-cost and fastest-growing regions of the United States;
- Expanded the company’s global trading presence and advanced multiple joint ventures across Australia, China, Mongolia and Indonesia; and
- Earned recognition for environmental and social responsibility – achieving more than 25 safety, environmental and corporate awards.
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