Stock Symbol: BTU
701 Market Street
Peabody Energy Industry:
Energy/Oil, Gas, Coal
Peabody Energy Description:
Peabody Energy is the world's largest private-sector coal company. Its coal products fuel more than 9 percent of all U.S. electricity generation and 2.5 percent of worldwide electricity generation.
Peabody Energy Financial Summary:
Peabody Energy Business Summary:
Peabody Energy Corporation operates as the private sector coal company worldwide. It also markets, brokerages, and trades coal. The company’s energy related businesses include the development of mine-mouth coal-fueled generating plants; and management of coal reserve and real estate holdings, coalbed methane production, and transportation services. As of December 31, 2004, Peabody Energy owned and operated 32 mines in Arizona, Colorado, New Mexico, Wyoming, Illinois, Indiana, Kentucky, and West Virginia in the United States; and 4 in Queensland, Australia. As of same date, it had approximately 9.3 billion tons of proven and probable coal reserves, as well as approximately 300 million tons of coal reserves in Powder River Basin. The company was founded in 1883 and is based in St. Louis, Missouri.