Peabody Energy Reports Positive Q3 EBITDA and Outlines Centurion Q4 Sales Guidance
Peabody Energy Corporation (BTU) reported a strong third quarter, with CEO Jim Grech characterizing the period as a meaningful step forward. The company achieved positive adjusted EBITDA across all operating segments, driven largely by improvements in seaborne markets. Looking ahead to the fourth quarter, Peabody provided specific guidance for its Centurion operations, projecting sales between 300,000 and 500,000 tons. Additionally, the company has scheduled capital expenditures ranging from $1.5 million to $10 million for longwall upgrades to support ongoing operational efficiency.
Tickers: $BTU
Topics: coal markets earnings EBITDA management outlook
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