Strong Financial Performance
Peabody Energy Corporation recorded a net income of $31 million in Q4 2024, contributing to a full-year net income of $371 million. The company also achieved an adjusted EBITDA of $872 million for the full year.
Significant Shareholder Returns
The company returned $221 million to shareholders in 2024 and has returned $600 million to shareholders since restarting its shareholder return program.
Record Safety and Environmental Achievements
Peabody set a new 140-plus year company record for the lowest accident rates, reclaimed 70% more land than disturbed, and freed up more than $100 million in reclamation bonding obligations.
Strategic Acquisition and Expansion
Peabody's acquisition of premium hard coking coal mines from Anglo American is progressing well, with expected synergies of $100 million a year post-acquisition. The Centurion mine shipped its first coal and is expected to produce 3.5 million tons in 2026.
US Coal Market Favorability
The US is experiencing strong policy and commercial tailwinds, including a 2% to 3% expected annual load growth and deferrals in retirement plans of coal units.