Ultime notizie per Peabody Energy (NYSE:BTU) Azioni

Peabody Energy

Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.

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Shares of oil and fossil fuel companies are trading higher following the US presidential election. Investors may be weighing the potential impact of Donald Trump's energy policies on the sector.

Anglo American (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AAUKF#OTC">AAUKF</a>) has agreed to sell its 33.3% stake in the Jellinbah Group to Zashvin for $1.1 billion. Per the plan laid out <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/05/38826363/anglo-american-expedites-plan-to-divest-de-beers-other-assets-after-rebuffing-bhp-takeover-bid" rel="noreferrer noopener">earlier this year</a>, the company is focusing on <a target="_blank" href="https://www.benzinga.com/topic/copper" rel="noreferrer noopener">copper</a>, iron ore, and crop nutrients.
The joint venture holds a 70% interest in two major metallurgical coal mines in Queensland: Jellinbah East and Lake Vermont. Anglo did not operate these mines nor market their output.
"We are making excellent progress with our simplification of Anglo American to create an exciting and differentiated investment proposition focused on our world-class copper, premium iron ore, and crop nutrients assets &#8211; all future-enabling products," <a target="_blank" href="https://www.angloamerican.com/media/press-releases/2024/04-11-2024" rel="noreferrer noopener">said</a> CEO Duncan Wanblad.
Despite its unpopular status due to environmental concerns, coal remains an important commodity. A recent <a target="_blank" href="https://www.benzinga.com/news/24/11/41710410/australian-breakthrough-extends-use-for-coal-powered-plants-helps-shift-to-renewables" rel="noreferrer noopener">Australian achievement</a> in shutting down and restarting a power plant shows that its decline could be much more gradual than anticipated.
Still, Anglo American is set on divesting its remaining coal assets, aiming to net between $5b and $6b. Talks are underway with potential buyers, including Peabody (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), Yancoal (OTCPK: YACAF), and Glencore (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GLNCY#OTC">GLNCY</a>) &#8211; which has decided against <a target="_blank" href="https://www.benzinga.com/m-a/24/08/40216672/glencore-votes-against-spinning-off-coal-remains-open-to-more-acquisitions" rel="noreferrer noopener">spinning off its coal business</a>.
"This highly cash generative and much higher margin portfolio will offer greater resilience through cycles and the benefit of significant high-quality and well-sequenced growth options," Wanblad noted regarding the process.
Anglo American's broader restructuring efforts were announced earlier this year amidst an attempted takeover by BHP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>). Besides coal, the plan involved shedding even South African De Beers, the world's largest diamond producer.
However, challenges in the diamond market have made a sale less feasible, with Anglo preferring to wait for market recovery to optimize value from its "crown jewel." A complicated situation with South African assets is often quoted as one of the biggest hurdles in BHP's <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/05/39068033/time-runs-out-for-bhp-deal-49-billion-acquisition-of-anglo-american-proves-too-complex-to-solve" rel="noreferrer noopener">failed bid</a>.
Although a recent comment from BHP's chairman signaled that both parties have moved on, the miner quickly retraced that comment. The mandatory standstill on offers expires on November 29, with Anglo's market cap currently at approximately $42 billion—$47 billion below BHP's final $49b bid in May.
Read Next:
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<li><a href="https://www.benzinga.com/markets/asia/24/11/41722178/if-trump-and-republicans-sweep-dollar-may-climb-7-but-harris-win-could-bring-5-drop-says-jpmorgan" target="_blank" rel="noreferrer noopener">If Trump And Republicans Sweep, Dollar May Climb 7% — But Harris Win Could Bring 5% Drop, Says JPMorgan</a></li>
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Anglo American Offloads $1.1 Billion Coal Stake, Proceeds With Restructuring

Benchmark analyst Nathan Martin maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and raises the price target from $28 to $30.

Price Target

Analyst Ratings

Benchmark Maintains Buy on Peabody Energy, Raises Price Target to $30

Peabody Energy shares are trading higher after the company reported better-than-expected Q3 financial results.

Guidance

Peabody Energy Sees FY24 Capital Expenditures $50M-$425M

Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.60 by 23.33 percent. The company reported quarterly sales of $1.088 billion which beat the analyst consensus estimate of $1.065 billion by 2.12 percent. This is a 0.83 percent increase over sales of $1.079 billion the same period last year.

Earnings

Earnings Beats

Peabody Energy Q3 2024 GAAP EPS $0.74 Beats $0.60 Estimate, Sales $1.088B Beat $1.065B Estimate

Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Peabody Energy to report an earnings per share (EPS) of $0.63.
Anticipation surrounds Peabody Energy's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Historical Earnings Performance</h3>
The company's EPS beat by $0.81 in the last quarter, leading to a 2.57% drop in the share price on the following day.
Here's a look at Peabody Energy's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.61</td>
<td>0.31</td>
<td>1.40</td>
<td>0.99</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.42</td>
<td>0.29</td>
<td>1.33</td>
<td>0.82</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>2.0%</td>
<td>-3.0%</td>
<td>5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730297034_0.png" alt="eps graph" />
<h3>Analysts' Perspectives on Peabody Energy</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Peabody Energy.
The consensus rating for Peabody Energy is Buy, derived from 3 analyst ratings. An average one-year price target of $30.67 implies a potential 23.02% upside.
<h3>Peer Ratings Comparison</h3>
The analysis below examines the analyst ratings and average 1-year price targets of CONSOL Energy, Alliance Res Partners and Arch Resources, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for CONSOL Energy, with an average 1-year price target of $123.5, suggesting a potential 395.39% upside.</li>
<li>The consensus outlook from analysts is an Buy trajectory for Alliance Res Partners, with an average 1-year price target of $27.0, indicating a potential 8.3% upside.</li>
<li>Arch Resources received a Buy consensus from analysts, with an average 1-year price target of $188.0, implying a potential 654.11% upside.</li>
</ul>
<h3>Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for CONSOL Energy, Alliance Res Partners and Arch Resources are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Peabody Energy</td>
<td>Buy</td>
<td>-17.88%</td>
<td>$238.10M</td>
<td>5.59%</td>
</tr>
<tr>
<td>CONSOL Energy</td>
<td>Buy</td>
<td>-25.54%</td>
<td>$366.50M</td>
<td>4.11%</td>
</tr>
<tr>
<td>Alliance Res Partners</td>
<td>Buy</td>
<td>-7.55%</td>
<td>$137.98M</td>
<td>5.16%</td>
</tr>
<tr>
<td>Arch Resources</td>
<td>Buy</td>
<td>-19.61%</td>
<td>$41.63M</td>
<td>1.02%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Peabody Energy ranks at the bottom for Revenue Growth among its peers. It is in the middle for Gross Profit. For Return on Equity, Peabody Energy is at the top compared to its peers.
<h3>Delving into Peabody Energy's Background</h3>
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.
<h3>Peabody Energy: A Financial Overview</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Peabody Energy's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -17.88%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Peabody Energy's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 19.14%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Peabody Energy's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 5.59%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Peabody Energy's ROA excels beyond industry benchmarks, reaching 3.44%. This signifies efficient management of assets and strong financial health.
Debt Management: Peabody Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.12.
<a href="https://www.benzinga.com/quote/BTU/earnings">To track all earnings releases for Peabody Energy visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into Peabody Energy's Upcoming Earnings

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Peabody Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/btu#NYSE">BTU</a>) one of those stocks right now? A quick glance at the company&#39;s year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Peabody Energy is one of 242 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Peabody Energy is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BTU&#39;s full-year earnings has moved 20.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that BTU has returned about 10% since the start of the calendar year. Meanwhile, stocks in the Oils-Energy group have gained about 7.5% on average. This means that Peabody Energy is performing better than its sector in terms of year-to-date returns.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Oneok Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oke#NYSE">OKE</a>). The stock has returned 38.9% year-to-date.
Over the past three months, Oneok Inc.&#39;s consensus EPS estimate for the current year has increased 2.9%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Peabody Energy is a member of the Coal industry, which includes 9 individual companies and currently sits at #82 in the Zacks Industry Rank. Stocks in this group have gained about 2.5% so far this year, so BTU is performing better this group in terms of year-to-date returns.
In contrast, Oneok Inc. falls under the Oil and Gas - Production Pipeline - MLB industry. Currently, this industry has 6 stocks and is ranked #194. Since the beginning of the year, the industry has moved +19.7%.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Peabody Energy and Oneok Inc. as they could maintain their solid performance.
<a href="https://www.zacks.com/stock/news/2350620/is-peabody-energy-btu-stock-outpacing-its-oils-energy-peers-this-year?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_1-2350620">To read this article on Zacks.com click here.</a>

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Is Peabody Energy Stock Outpacing Its Oils-Energy Peers This Year?

At September 30, 2024, Peabody has completed approximately $250 million of the anticipated $489 million of initial development capital to achieve longwall production in March 2026. With a $210 per metric ton benchmark price assumption, Centurion has an estimated net present value of $1.6 billion and a 25 percent internal rate of return.
"Peabody is committed to increasing shareholder value through a balanced approach of maximizing shareholder returns and developing Centurion," Mark Spurbeck, Peabody's Chief Financial Officer, said. "Centurion provides increased optionality to tightening metallurgical coal markets and will be a strategic asset in Peabody's global coal portfolio for decades."

Peabody Provides Update On Centurion Metallurgical Coal Mine Development; Integrated Mine Plan Complete With Estimated Net Present Value Of $1.6B; Average Annual Production Of 4.7M Tons At First Quartile Cost And Mine Life Of 25+ Years

BMO Capital analyst David Gagliano maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Market Perform and raises the price target from $25 to $26.

BMO Capital Maintains Market Perform on Peabody Energy, Raises Price Target to $26

The largest Chinese coal producer, CHN Energy Investment Group, has announced a $24 billion investment in a coal-to-petroleum facility in Hami, Xinjiang. The project, scheduled to begin production in 2027, aims to convert excess coal into <a target="_blank" href="https://www.benzinga.com/topic/oil" rel="noreferrer noopener">petroleum products</a>.
The plant should produce synthetic fuels like gasoline and diesel using cutting-edge liquefaction technology. According to Bloomberg's <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-10-10/china-s-top-miner-to-spend-24-billion-on-coal-to-oil-project" rel="noreferrer noopener">report</a>, this would reduce China's reliance on imported oil and manage the surplus coal production.
China produced a record 4.7 billion tons of coal in 2023, while its coal consumption in electricity generation has begun to decline due to an increased focus on renewable energy.
President Xi Jinping has committed to reducing coal use starting in 2026, pushing coal producers to explore alternative uses, like petrochemical feedstocks. Such efforts continue the trend, which shows a 24% growth of coal-to-oil production from 2019 to 2023, reaching 11 million tons annually.
The Hami facility will employ both direct and indirect coal liquefaction technologies. Direct liquefaction converts coal into liquid hydrocarbons by applying heat, hydrogen, and catalysts. It is relatively simple but requires high-quality coal.
Indirect liquefaction, on the other hand, first gasifies coal into syngas, which is then transformed into liquid fuel, offering greater flexibility in the types of coal used. Both methods will be powered by renewable energy sources, such as wind and solar, which aligns with China's green energy transition efforts.
Wang Lining, director of the oil market department of the Economics and Technology Research Institute, said that this project sets a precedent for large-scale application of such technologies, <a target="_blank" href="https://www.chinadaily.com.cn/a/202410/10/WS67073092a310f1265a1c6d37.html" rel="noreferrer noopener">per</a> China Daily.
Such projects could shield China from oil price volatility, as it is the world's largest importer of crude oil. In 2023, its imports reached 11.3 million barrels per day, growing over 10% compared to 2022.
Still, the profitability of coal-to-oil conversions often depends on a wide gap between coal and oil prices. When oil prices fall or coal becomes more expensive, margins can shrink significantly.
China has been ramping up its coal-to-oil projects. From 2019 to 2023, coal-to-oil production capacity surged by 24%, reaching 11 million tons annually.
Read Next: <a href="https://www.benzinga.com/markets/asia/24/10/41257792/oil-dips-to-73-as-china-withholds-stimulus-biden-attempts-to-contain-netanyahu-over-israels-attack-o" target="_blank" rel="noreferrer noopener">Oil Dips To $73 As China Withholds Stimulus, Biden Attempts To Contain Netanyahu Over Israel's Attack On Iran</a>
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China Pledges $24B For Coal-to-Oil Infrastructure To Reduce Oil Imports

Shares of coal companies are trading higher in possible reaction to China's stimulus.

B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and raises the price target from $32 to $34.

B. Riley Securities Maintains Buy on Peabody Energy, Raises Price Target to $34

Investors with significant funds have taken a bearish position in Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in BTU usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 17 options transactions for Peabody Energy. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 35% being bullish and 52% bearish. Of all the options we discovered, 16 are puts, valued at $561,771, and there was a single call, worth $50,052.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $27.0 for Peabody Energy over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Peabody Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Peabody Energy's significant trades, within a strike price range of $20.0 to $27.0, over the past month.
<h3>Peabody Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725637598_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$27.00</td>
<td>$55.8K</td>
<td>1.9K</td>
<td>90</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.58</td>
<td>$2.49</td>
<td>$2.58</td>
<td>$20.00</td>
<td>$50.0K</td>
<td>24.0K</td>
<td>965</td>
</tr>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$1.5</td>
<td>$1.5</td>
<td>$1.5</td>
<td>$22.50</td>
<td>$45.0K</td>
<td>1.7K</td>
<td>755</td>
</tr>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$1.5</td>
<td>$1.38</td>
<td>$1.5</td>
<td>$22.50</td>
<td>$38.2K</td>
<td>1.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$1.24</td>
<td>$1.16</td>
<td>$1.23</td>
<td>$22.00</td>
<td>$37.7K</td>
<td>2.0K</td>
<td>1.7K</td>
</tr>
</tbody>
</table>

<h3>About Peabody Energy</h3>
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.
Having examined the options trading patterns of Peabody Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Peabody Energy Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 810,728, the BTU's price is down by -3.15%, now at $20.9. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 48 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Peabody Energy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Check Out What Whales Are Doing With BTU

METC

Shares of coal companies are trading lower amid a drop in the price of the commodity. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction and pending non-farm payrolls data that may determine the size of future rate cuts.

Deep-pocketed investors have adopted a bullish approach towards Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BTU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Peabody Energy. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 45% bearish. Among these notable options, 2 are puts, totaling $89,230, and 18 are calls, amounting to $989,486.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $25.0 for Peabody Energy, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Peabody Energy stands at 2536.67, with a total volume reaching 13,923.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Peabody Energy, situated within the strike price corridor from $20.0 to $25.0, throughout the last 30 days.
<h3>Peabody Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724263244_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$6.6</td>
<td>$4.55</td>
<td>$5.6</td>
<td>$22.00</td>
<td>$132.7K</td>
<td>2.3K</td>
<td>1</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$6.6</td>
<td>$4.55</td>
<td>$5.6</td>
<td>$22.00</td>
<td>$126.5K</td>
<td>2.3K</td>
<td>238</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.45</td>
<td>$6.3</td>
<td>$6.34</td>
<td>$20.00</td>
<td>$95.8K</td>
<td>3.8K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.45</td>
<td>$6.25</td>
<td>$6.3</td>
<td>$20.00</td>
<td>$63.0K</td>
<td>3.8K</td>
<td>1.1K</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.3</td>
<td>$6.25</td>
<td>$6.25</td>
<td>$20.00</td>
<td>$62.5K</td>
<td>3.8K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About Peabody Energy</h3>
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.
Having examined the options trading patterns of Peabody Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Peabody Energy's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,814,993, with BTU's price up by 5.14%, positioned at $23.72.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 64 days.</li>
</ul>
<h3>Expert Opinions on Peabody Energy</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $32.0.
<ul>
<li>Maintaining their stance, an analyst from B. Riley Securities continues to hold a Buy rating for Peabody Energy, targeting a price of $32. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Peabody Energy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Smart Money Is Betting Big In BTU Options

First Trust Global Wind Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FAN#NYSE">FAN</a>), which follows the wind energy industry, is up 4% since January and <a href="https://www.benzinga.com/topic/wind">6.6% in the past year</a>.
The coal industry, meanwhile, has been facing setbacks from the investment community for several years. 
The obvious shift to <a href="https://www.benzinga.com/topic/clean-energy">clean energy sources</a> hasn't yet been enough to declare coal's definitive demise, but concerns over climate change from fossil fuel burning have caused many firms and individuals to drop coal-related holdings.
However, continued dependence on coal burning abroad continues to be a lifeline for coal companies in the U.S., pushing the industry into a sharp contrast to the clean energy sector, which has struggled to outperform the market in 2024.
<h3 class="wp-block-heading">Is Coal Dead? Some Don't Think So</h3>
In 2020, the market saw the shutdown of VanEck Vectors Coal ETF, which was at the time the only remaining ETF following the coal industry.
At the time, fund manager BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) said the firm's actively managed funds would no longer hold shares of companies deriving more than 25% of revenues from the thermal coal business, Barrons <a href="https://www.barrons.com/articles/the-only-coal-etf-is-closing-what-it-means-for-investors-51608225200">reported</a>.
In turn, many investors and firms have switched towards environmentally-friendly energy stocks and ETFs.
Yet some in the industry continue to believe there's a case for investing in coal.
In January of this year, Range ETFs, a firm dedicated to running ETFs around niche themes, launched the Range Global Coal Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COAL#NYSE">COAL</a>) which provides exposure to companies involved in the production, exploration, development, transportation, and distribution of coal.
Since its launch, the price of the ETF oscillated between $21 and $26 and is $22.6 at the time of this writing, with year-to-date gains of 0.86%.
In an investment document, Range claims there is still an investment case for coal, in spite of an obvious global trend to detach from it.
Demand for coal actually grew on a global scale between 2021 and 2022, led by China and India, according to the International Energy Agency.
Coal burning represents 16.2% of the total utility-scale electricity generation in the U.S., according to the latest data from the Energy Information Administration and 36% on a global scale.
In the U.S., the firm says, "‘energy security' as one element of national security." This means that the government will continue to guarantee the availability of reliable energy sources to make up for possible gaps in energy supply stemming from green energy production.
Read also: <a href="https://www.benzinga.com/markets/equities/24/08/40333362/teslas-elon-musk-warns-against-vilifying-oil-and-gas-industry-in-trump-interview-cautions-agains">Tesla&#8217;s Elon Musk Warns Against Vilifying Oil And Gas Industry In Trump Interview, Cautions Against Rushing With Sustainable Energy Transition: &#8216;It&#8217;s Not Like The House Is On Fire Immediately&#8217;</a>
In June, the coal industry was affected by election results in India, which gave investors the idea that the country might not continue with a plan to upsize its coal use, though <a href="https://www.benzinga.com/markets/asia/24/06/39173971/coal-stocks-take-a-breather-as-trading-sentiment-sours-in-commodities-markets-was-the-election-in-in">some analysts called it a natural market correction</a> from an "overbought" sector.
The balance between trends running against "dirty" energy sources and short-term tailwinds for the coal industry have resulted in varying performances for some of its largest players over the past year.
<ul>
<li>Shares of Peabody Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), which is the largest coal producer in the U.S. are down 7.7% since January but up 2.3% in the past year.</li>
<li>The second largest producer, Arch Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCH#NYSE">ARCH</a>) has performed a lot worse in 2024, with shares down over 24% since January. According <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40363492/top-3-energy-stocks-that-may-rocket-higher-this-quarter">to data from Benzinga Pro</a>, the stock appears oversold and its share price could rise this year.</li>
<li>Warrior Met Coal Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) shares are up 49% in the last year.</li>
</ul>
<h3 class="wp-block-heading">Wind Beats Solar In 2024</h3>
<a href="https://www.benzinga.com//node/40379430">A Benzinga technical analysis from this week</a> showed that EV maker Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) could be up for a rebound after losing almost 13% of its value since January.
Other companies in the clean energy sector, however, could be struggling more.
Shares in the iShares Global Clean Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NASDAQ">ICLN</a>) are stuck in a pattern that technical analysts call the "death cross," which occurs when the 50-day moving average crosses below its long-term moving average of 200 days. The fund is down 8% since January and 12% in the last year.
 The solar energy sector has been struggling more than wind. Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>), which follows the solar sector, has also performed poorly in recent periods. The fund is down 22% since January and 30% in the past year.
Now Read:
<ul>
<li><a href="https://www.benzinga.com//node/40359364">Bill Gates, Jeff Bezos, And Jack Ma-Backed Breakthrough Energy Ventures Nears $1B Goal For Climate-Focused Fund</a></li>
</ul>

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iShares S&P Global Clean Energy Index Fund

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IBIT

NVDA

PSNY

Elliott Investment Management Q2 2024 13F Exited Positions Include 507K Constellation Brands Shares, 4.1M Endeavor Group Shares, 1.05M VNQ Calls, 3.74M Peabody Energy Shares, 296K iShares Bitcoin Trust Shares, 5K NVIDIA Shares, And 1.12M Polestar Automotive Shares

CRGY

DWSN

EQNR

EZFL

FANG

LODE

RCON

REPX

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TOPS

Shares of oil and gas companies are trading lower. The sector might be moving amid overall market weakness due to economic slowdown concerns following recent US data, which could negatively impact demand.

B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and raises the price target from $31 to $32.

B. Riley Securities Maintains Buy on Peabody Energy, Raises Price Target to $32

In a report released today, Nathan Martin from Benchmark Co. reiterated a Buy rating on Peabody Energy Comm (BTU – Research Report), with a price t...

Benchmark Co. Sticks to Its Buy Rating for Peabody Energy Comm (BTU)

Bullish option flow detected in Peabody Energy (BTU) with 3,993 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 43.24%....

Peabody Energy call volume above normal and directionally bullish

Peabody Energy: Resilient Business, Buybacks And Sound Financials

Radius Recycling (RDUS) announced the appointment of Marc Hathhorn as Executive Vice President and COO, effective November 1. Hathhorn joins Radius...

Radius Recycling names Marc Hathhorn as COO

Radius Recycling appoints Marc Hathhorn as COO

Bearish flow noted in Peabody Energy (BTU) with 6,252 puts trading, or 1.9x expected. Most active are Nov-24 25 puts and Nov-24 29 puts, with total...

Peabody Energy put volume heavy and directionally bearish

Meetings to be held in New York on November 13 and in Boston on November 14 hosted by B. Riley. Published first on TheFly – the ultimate source for...

Peabody Energy management to meet with B. Riley

Anglo American coal bidders down to Peabody Energy, two others - Reuters

Peabody and RWE, a renewable energy company, announced a new partnership to strategically advance renewable energy projects by repurposing reclaime...

Peabody Energy, RWE partner to develop energy storage pipeline on mine lands

RWE acquires majority stake in JV with Peabody to advance renewable energy projects

NGLOY

RDUS

RWEOY

STMRF

Press Releases

Peabody to Announce Results for the Quarter Ended June 30, 2024

Dividends

Peabody Board Declares Dividend on Common Stock

Peabody Reports Results For Quarter Ended June 30, 2024

Peabody to Host Presentation Providing Enhanced Details about Centurion, the Company's Premium Hard Coking Coal Cornerstone Asset

Peabody Provides Update on Centurion Metallurgical Coal Mine Development

Peabody to Announce Results for the Quarter Ended September 30, 2024

Peabody Reports Results For Quarter Ended September 30, 2024

Management

Radius Recycling, Inc. Appoints Marc Hathhorn as Chief Operating Officer

RWE and Peabody Partner to Develop Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands

Arch Resources, Inc. Class A Common Stock

Arch Resources

American Resources Corporation - Class A Common Stock

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Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests

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