Peabody Energy Stock News

The giant coal miner has been on a tear in 2021.

The giant coal miner has been on a tear in 2021.

Peabody Energy Corporation found using ticker (BTU) now have 5 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 24 and 10 and has a mean target at 15. Now with the previous closing price of 23.59 this now indicates there is a potential downside of -36.4%. The 50 day MA is 14.9 and the 200 day moving average is 12.64. The company has a market capitalisation of $2,941m. You can visit the company''s website by visiting: https://www.peabodyenergy.com [stock_market_widget type="chart" template="basic" color="green" assets=BTU" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,870m based on the market concensus. Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Indonesia, China, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S.

WASHINGTON, March 13, 2022 /PRNewswire/ -- Following is a statement from Jen Judson, President of the National Press Club, and Gil Klein, President of the National Press Club Journalism Institute on the killing of Brent Renaud,a journalist, former New York Times contributor, and Peabody…

American journalist Brent Renaud was killed by Russian forces in Ukraine on Sunday, local police said. Photos of his body posted on social media by local police show that Renaud — who was in Irpin , north of Kyiv , filming refugees — was shot in the head. Police also posted pictures of his New York Times press badge and U.S. passport. According to CBS News , another journalist was wounded in the same attack. "Of course, journalism carries risks, but the U.S. citizen Brent Renaud paid with his life for an attempt to shed light on how underhand, cruel, and merciless the aggressor is," Andriy Nebitov, the head of Kyiv''s regional police, posted on Facebook. According to his bio on IMDb, "Brent Renaud was a Peabody and DuPont Award-winning filmmaker" who, with his brother Craig, has filmed documentaries covering "the wars in Iraq and Afghanistan, the earthquake in Haiti, political turmoil in Egypt and Libya, the fight for Mosul, extremism in Africa, cartel violence in Mexico, and the youth refugee crisis in Central America.

During the last session, Peabody Energy Corporation (NYSE:BTU)’s traded shares were 15.13 million, with the beta value of the company hitting 1.10. At the end of the trading day, the stock’s price was $23.59, reflecting an intraday gain of 11.54% or $2.44. The 52-week high for the BTU share is $27.28, that puts it down … Peabody Energy Corporation (NYSE: BTU) Stock Jumped 79.39% Over A Month – Is There Any Hope Of A Gain? Read More »

The global coal giant tried to play it safe, but it didn''t work out as planned.

Someone with a lot of money to spend has taken a bearish stance on Peabody Energy (NYSE: BTU ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with BTU, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 17 uncommon options trades for Peabody Energy. This isn''t normal. The overall sentiment of these big-money traders is split between 35% bullish and 64%, bearish. Out of all of the special options we uncovered, 2 are puts, for a total amount … Full story available on Benzinga.com

The global coal giant tried to play it safe, but it didn't work out as planned.

BTU, CEIX, and ARCH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 10, 2022.

JPMorgan Bails Out Chinese Nickel Giant Facing Billions In Losses From Record Margin Call Two days ago we reported that while "plain vanilla" commodity producers such as coal giant Peabody had no choice but to pay up on their commodity margin calls (which they funded with an expensive, 11%, Goldman credit facility), others such as Chinese giants were magically exempt from mandatory payments in the billions. Extending on our observation earlier this week that the record surge in commodities, such as nickel, would - ironically - cripple producers who despite being long physical commodities in the spot market are also short in the futures market as a hedge, and it is these hedges that are causing unprecedented waterfalls of cascading short squeezes at this moment as producers scramble to find the cash to satisfy variation margins… *NICKEL JUMPS 12%, EXTENDING RECORD RALLY ON SHORT SQUEEZE ironically, this will bankrupt producers — zerohedge (@zerohedge) March 8, 2022 ... earlier this week we learned that Chinese nickel titan Tsingshan Holding Group, the world’s largest producer of the metal, controlled by Xiang Guangda - known as “Big Shot”, or is that "Big Short" - faced billions of dollars in trading losses after Russia’s war in Ukraine set off an unprecedented rise in the price of nickel, and which soared by a record 250% in two days.

Peabody (BTU) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Coal prices have risen by over 100% this year as Russian and Indonesian exports decline.

Nomura: Where Do We Even Begin With These Broken Markets Picking up where he left of with his " stuff is beginning to break " magnum opus yesterday, this morning Nomura''s Charlie McElligott writes that on top of the already well-established macro supply-demand “inflation shock” catalysts of the past 2 year period, the Ukraine-linked Commodities price/collateral/dollar funding squeeze -> "margin-call exercise" (which left a prominent Chinese trading tycoon significantly poorer after billions in margin calls ), further amplifies the recent price-action in pockets of Energy, Metals and Ags. As we discussed on Monday, it took just hours to get confirmation of Zoltan''s commodity producer scenario materializing, after Peabody Energy confirmed some $534mm of margin losses on short Coal hedges (after requiring a new Credit line drawdown that went public), while overnight, LME Nickel goes suspended yet again (now cancelling trades) as the purported Xiang Guangda / Tsingshan short-position was estimated at upwards of $12B MtM loss (the price is, well, all over the place but a record +250% 2 day rally at the highs)… ... with no physical available into an already airtight market, and his various banks and Chinese brokers struggling to meet their margin-calls, despite as noted last last night, the LME giving one of the "Big 4" Chinese banks reprieve of additional time to come up with funds, supposedly with nothing stopped-out yet, although a later follow-up headline... *CHINA ASKS BANKS TO REPORT DERIVATIVES EXPOSURE AS MARKETS REEL ... suggests that not all is peacy in China.