Jump to content

Member100

Members
  • Posts

    558
  • Joined

  • Last visited

Member100's Achievements

Newbie

Newbie (1/14)

0

Reputation

  1. How coal titan Peabody, the world’s largest, fell into bankruptcy xx In the starkest sign yet of declining fortunes in the coal industry, St. Louis-based Peabody Energy, the largest and most storied U.S. coal company, announced early Wednesday that it was filing for Chapter 11 bankruptcy. The company cited an “unprecedented industry downturn,” which it attributed to a range of factors including an economic slowdown in China, low coal prices and “overproduction of domestic shale gas.” In the United States, cheap natural gas, driven by the shale-gas boom, has been steadily eating into coal’s share of electricity generation. But Peabody was also weighed down by debt from its poorly timed $5.2 billion acquisition of Macarthur Coal of Australia in 2011, near the peak for coal prices there as Peabody underestimated rival coal supplies and overestimated the growth of Chinese coal consumption. “The debt-laden capital structure became unsustainable as cash flows worsened and access to capital markets evaporated,” Fitch Ratings said Wednesday. Peabody said that its mines would continue operating and that its operations in Australia were not included in the Chapter 11 filing. The company also said it expected its shares to halt trading on the New York Stock Exchange. In a statement, the firm’s president and chief executive, Glenn Kellow, said: “This was a difficult decision, but it is the right path forward for Peabody. We begin today to build a highly successful global leader for tomorrow.” Shares of Peabody, whose stock trades under the symbol BTU — which is also a basic unit of energy, the British thermal unit — closed Tuesday at $ 2.06, leaving the company’s market capitalization at a measly $38 million. Shares have plunged more than 99 percent from their 2008 peak and from where they stood just five years ago. Dividend payouts to shareholders were halted in July 2015. How coal titan Peabody, the world's largest, fell into bankruptcy https://www.washingtonpost.com › energy-environment › 2016/04/13 › co... Apr 13, 2016 - This story has been updated. In the starkest sign yet of declining fortunes in the coal industry, St. Louis-based Peabody Energy, the largest and ...
  2. Q2 STOCK REPURCHASES Share repurchases during the second quarter totaled $57.2 million, with an additional $51 million in July as buyback activity resumed following a required blackout period related to the PRB/Colorado joint venture transaction announced in June. In total, Peabody has repurchased $1.22 billion under its share repurchase program, representing 25 percent of shares initially outstanding. Approximately $283 million remains under the current $1.5 billion share repurchase program. During the quarter, Peabody announced its third increase to the quarterly per-share dividend in just one year. The company paid a $0.14 per share cash dividend on June 12, 2019 to shareholders of record on May 22, 2019. Year to date through June, Peabody has returned $385.3 million in cash to shareholders, representing 122 percent of its Free Cash Flow, through its repurchase program, supplemental dividend and quarterly dividend.
  3. REvs + Earnings, Cont.Ops ::: -------------2017------------: -------------2018------------: -------------2019------------: ::: Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Q1 ----B-$10.64--N/A-----%-$----: 1.46B-$13.09-36.50-279%-$0.83: 1,26B-$12.50-28.33-227%-$1.15: Q2 0.00B-$09.50-24.45-257%-$0.00: 1.31B-$15.06-45.48-302%-$0.93: 1.15B-$12.04-24.10-200%-$0.37: Q3 1.48B-$10.43-29.01-278%-$1.49: 1.41B-$15.52-35.64-230%-$0.63: Q4 1.52B-$12.01-39.37-328%-$2.47: 1.39B-$09.66-30.48-316%-$1.97: ======== YR 4.26B-$12.01-39.37-328%-$3.81: 5.58B-$09.66-30.48-316%-$4.28: LAST >$12.10-17.42-144% ======== Ratio:BTU/USO xx
  4. REvs + Earnings, Cont.Ops ::: -------------2017------------: -------------2018------------: -------------2019------------: ::: Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Q1 0.00B-$10.64--N/A--000%-$0.00: 0.00B-$13.09-36.50-279%-$0.00: 0.00B-$12.50-28.33-227%-$1.12: Q2 0.00B-$09.50-24.45-257%-$0.00: 1.31B-$15.06-45.48-302%-$0.93: 1.15B-$12.04-24.10-200%-$0.37: Q3 0.00B-$10.43-29.01-278%-$0.00: 0.00B-$15.52-35.64-230%-$0.00: Q4 0.00B-$12.01-39.37-328%-$0.00: 0.00B-$09.66-30.48-316%-$2.20: ======== YR 0.00B-$12.01-39.37-328%-$0.00: 0.00B-$09.66-30.48-316%-$0.00: LAST >$12.10-17.42-144% ======== ratio:BTU/USO xx
  5. REvs + Earnings, Cont.Ops ::: -------------2017------------: -------------2018------------: -------------2019------------: ::: Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Q1 0.00B-$10.64--N/A--00.%-$0.00: 0.00B-$13.09-36.50-000%-$0.00: 0.00B-$12.50-28.33-000%-$1.12: Q2 0.00B-$09.50-24.45-00.%-$0.00: 1.31B-$15.06-45.48-000%-$0.93: 1.15B-$12.04-24.10-000%-$0.37: Q3 0.00B-$10.43-29.01-00.%-$0.00: 0.00B-$15.52-35.64-000%-$0.00: Q4 0.00B-$12.01-39.37-00.%-$0.00: 0.00B-$09.66-30.48-000%-$2.20: ======== YR 0.00B-$12.01-39.37-00.%-$0.00: 0.00B-$09.66-30.48-000%-$0.00: LAST >$12.10-17.42-000% ======== ratio:BTU/USO
  6. BTU / Peabody Coal : chart : $17.42 - 6% (YrLow: $16.41, off Low: +xx%) from above: Sym.*: Last: MktCp: EValue: Ebitda: EV/eb: $Debt: Yrs/eb: Earns: PE-R: Div.: Yield: BkVal.: Lo-YrBTU : 18.37: $1.89B: $2.54B: $1.12B: r2.28: $1.44B: r1.29y: $4.26: r4.33: 0.52: 2.97%: 29.91: 16.41 :: -------------2017------------: -------------2018------------: -------------2019------------: :: Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Revs.-$USO---$BTU--Pct.--EPS : Q1 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$1.12: Q2 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$0.34: Q3 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$0.00: Q4 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$0.00: ======== YR 0.00B-$00.00-00.00-00.%-$0.00: 0.00B-$00.00-00.00-00.%-$0.00: ======== Peabody Energy Corporation engages in coal mining business. The company operates through Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Seaborne Metallurgical Mining, Seaborne Thermal Mining, and Corporate and Other segments. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; mining bituminous and sub-bituminous coal deposits; and mining metallurgical coal, such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal. The company supplies coal primarily to electricity generators, industrial facilities, and steel manufacturers. As of December 31, 2018, it owned interests in 23 coal mining operations located in the United States and Australia; and had approximately 4.9 billion tons of proven and probable coal reserves and approximately 500,000 acres of surface property through ownership and lease agreements. The company also engages in direct and brokered trading of coal and freight-related contracts, as well as provides transportation-related services, which involve financial derivative contracts and physical contracts. Peabody Energy Corporation was founded in 1883 and is headquartered in St. Louis, Missouri. On April 13, 2016, Peabody Energy Corporation and its subsidiaries filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Eastern District of Missouri.
  7. Hello. I'm an old-timer on GEI. This thread is interesting - and I especially liked the Strong Towns interview with the Two Andersons. Do you want to become a developer, DrBubb ?
  8. I keep coming here - when I meant to go to the Monthly diary. But it happens less, since the Title of this thread was changed
  9. wow. now it is way lower than 2008-9. how low can it go ?
  10. Soros and Paulson are back to gold rush 21 November, 2012 US billionaire George Soros (AFP Photo / Odd Andersen) Legendary investors are aggressively building up positions in the precious metal. Gold exchange-traded funds have reached a record $145.1bn beating the gold reserves of every country except the United States and Germany. This year ETF (Gold exchange-traded funds) investors bought 247 tons of gold – more than the annual production of the United States, US Securities and Exchange Commission filings show. Paulson & Co. has a $3.66 billion bet through the giant SPDR Gold Trust. The billionaire raised his stake by 26% in the second quarter and his holding of about 66 tons exceeds the official reserves of countries like Brazil and Bulgaria. Soros Fund Management increased its holding by 49% to $221.7 million in the 3d quarter. That’s after George Soros called gold “the ultimate bubble” and largely dumped his stake in the ETF before gold rose to a nominal high of $1,920.30 per ounce in September. The price of gold has risen for 11 consecutive years. Since the beginning of 2012 it added 11%. The price is expected to grow 20% and reach $1925 by the end of the year, according Bloomberg experts. Analysts believe rallies will continue in 2013 amid uncertainty about the so-called fiscal cliff in the US, as well as the threat of inflation, which is growing due to increased monetary stimulus.
  11. BDEV Closed at 80p. How far do you see it falling? When will it show up in the property indices?
  12. Nothing new? What do you make of this week's slide in Barratt shares? PSN is holding much better.
  13. Reading the above, plus Little Professor's other comments, ("Dr Bubb who just copies and pastes screeds of random technical data he doesn't even understand and then adds some cryptic comment about how this somehow proves that he is right." ... "The issue here is Dr B pretending he has some special insight into the property market through his magic powers of browsing Yahoo Finance, and consistently calling the top of the market wrong." ... "Dr Bubb, when are you finally going to admit your bullcrap about having some special super secret techincal system to determine future house prices by posting loads of random charts copied and pasted from Yahoo Finance was just a load of balls? Still waiting.") ...the words "first class" and "horse's arse" come to mind. I think he should be banned from here and from HPC ! Has he ever shown the slightest evidence that he can do better? And the lies and constant spinning, just make him appear to be a troll.
  14. You are right. Down from £429,597 to £399,019 in three months ! That's - £30,578, or minus 7.1 %, - 2.4% per month. What was crash cruise speed supposed to be ?
×
×
  • Create New...