Peabody Energy — Oct 31, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001064728-24-000173
Showing in the filing
Dividend on common stock
“$0.075 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 43
Dividend on common stock
“$0.075 per share”
Seaborne Thermal Priced Volume (millions of … for FY2024
“14.2”
Seaborne Metallurgical Priced Volume (millio… for FY2024
“5.4”
Projected capital needed to reach longwall p…
“$489 million”
Shareholder Return Policy (% of AFCF)
“at least 65% of annual AFCF to shareholders”
Seaborne Thermal volume for Q4 FY2024
“4.1 million tons, including 2.5 million export tons”
Seaborne Thermal Costs per Ton for Q4 FY2024
“$48-$53 per ton”
Seaborne Thermal full year volume for FY2024
“16-16.4 million tons”
Seaborne Thermal Total Volume (millions of s… for FY2024
“16 - 16.4”
Seaborne Metallurgical volume for Q4 FY2024
“2.3 million tons”
Seaborne Metallurgical pricing (percent of p… for Q4 FY2024
“70 to 75 percent”
Seaborne Metallurgical Costs per Ton for Q4 FY2024
“$120-$125 per ton”
PRB volume for Q4 FY2024
“21.2 million tons”
PRB Average Price per Ton for Q4 FY2024
“$13.50 per ton”
PRB Costs per Ton for Q4 FY2024
“approximately $11.50-$12.00 per ton”
Other U.S. Thermal volume for Q4 FY2024
“3.9 million tons”
Other U.S. Thermal Average Price per Ton for Q4 FY2024
“$52.40 per ton”
Other U.S. Thermal Costs per Ton for Q4 FY2024
“approximately $44-$48 per ton”
Other U.S. Thermal Full Year Costs per Ton for FY2024
“$43-$47 per ton”
Anticipated capital expenditures for FY2024
“$425 million”
Seaborne Thermal Priced Volume Pricing per S… for FY2024
“$69.98”
Seaborne Thermal Average Cost per Short Ton for FY2024
“$45.00 - $50.00”
Seaborne Thermal (Export) Total Volume (mill… for FY2024
“10 - 10.4”
Seaborne Thermal (Export) Priced Volume (mil… for FY2024
“8.2”
Seaborne Thermal (Export) Priced Volume Pric… for FY2024
“$102.05”
Seaborne Thermal (Domestic) Priced Volume Pr… for FY2024
“$26.09”
Seaborne Thermal (Domestic) Priced Volume (m… for FY2024
“6.0”
Seaborne Metallurgical Total Volume (million… for FY2024
“7.2 - 7.6”
Seaborne Metallurgical Priced Volume Pricing… for FY2024
“$151.00”
Seaborne Metallurgical Average Cost per Shor… for FY2024
“$118.00 - $128.00”
PRB U.S. Thermal Total Volume (millions of s… for FY2024
“75 - 82”
PRB U.S. Thermal Priced Volume (millions of … for FY2024
“85”
PRB U.S. Thermal Priced Volume Pricing per S… for FY2024
“$13.70”
PRB U.S. Thermal Average Cost per Short Ton for FY2024
“$11.75 - $12.50”
Other U.S. Thermal Total Volume (millions of… for FY2024
“14.5 - 15.5”
Other U.S. Thermal Priced Volume (millions o… for FY2024
“15.2”
Other U.S. Thermal Priced Volume Pricing per… for FY2024
“$54.20”
Other U.S. Thermal Average Cost per Short Ton for FY2024
“$43.00 - $47.00”
SG&A for FY2024
“$90”
Total Capital Expenditures for FY2024
“$425”
Major Project Capital Expenditures for FY2024
“$275”
Sustaining Capital Expenditures for FY2024
“$150”
ARO Cash Spend for FY2024
“$50”
Exhibit 99.1 · the passage around this item
… earlier in the release
First development coal was washed in September and first customer shipment is scheduled for the fourth quarter • Powder River Basin volumes were better than expected at 22.1 million tons • Seaborne Thermal production increased, adding approximately 300 thousand tons to saleable coal inventory during the quarter • Completed $100 million of share repurchases • Declared a dividend on common stock of $0.075 per share on October 31, 2024 1 Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA margin is equal to segment Adjusted EBITDA (excluding insurance recoveries) divided by segment revenue. Revenue per Ton and Adjusted EBITDA Margin per Ton are equal to revenue by segment and Adjusted EBITDA by segment (excluding insurance recoveries), respectively, divided by segment tons sold. Costs per Ton is equal to Revenue per Ton less Adjusted EBITDA Margin per Ton. Management believes Costs per Ton and Adjusted EBITDA Margin per Ton best reflect controllable costs and operating results at the reporting segment level. We consider all measures reported on a per ton basis, as well as Adjusted EBITDA margin, to be operating/statistical measures. Please refer to the tables and related notes herein for a reconciliation of non-GAAP financial measures. 1 Third Quarter Segment Performance Seaborne Thermal Quarter Ended Nine Months Ended Sept. Jun. Sept. Sept. Sept. 2024 2024 2023 2024 2023 Tons sold (in millions) 4.1 4.1 4.2 12.2 11.8 Export 2.6 2.7 2.7 7.8 7.4 Domestic 1.5 1.4 1.5 4.4 4.4 Revenue per Ton $ 76.21 $ 74.43 $ 71.38 $ 73.99 $ 89.06 Export - Avg. Realized Price per To
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.