Peabody Energy Ranked Number One Among St. Louis-Based Public Companies in Post-Dispatch Annual Report
16 Juni 2009 - 12:51AM
PR Newswire (US)
ST. LOUIS, June 15 /PRNewswire-FirstCall/ -- Peabody Energy
(NYSE:BTU) has been ranked number one among St. Louis-based public
companies for profit growth, return on equity, revenue growth and
total sales in the St. Louis Post-Dispatch 2009 Annual Report on
public companies. "Shrewd expansions overseas allowed Peabody
Energy to take the number one spot in our yearly ranking of public
companies," the Post-Dispatch noted. Peabody has earned the number
one rank twice in the past four years. In 2008, Peabody delivered
the safest year in its history and set new records in major
financial measures, including 256 million tons in coal volume, $6.6
billion in revenues, $1.85 billion in EBITDA and $985 million in
income from continuing operations. The company also reported record
cash flows from operations and liquidity of more than $2 billion.
Shares of BTU outpaced the S&P 500 year to date by more than 50
percent through June 12, 2009. "Peabody's record performance
demonstrates the strength of our growing global platform and strong
balance sheet to serve major demand epicenters in Asia," said
Peabody Energy Chairman and Chief Executive Officer Gregory H.
Boyce. "As a result, our international earnings have grown from 1
percent of EBITDA in 2003 to more than 50 percent in 2008 as total
earnings have dramatically increased." Peabody continues to expand
to serve high-margin, emerging markets. The company completed a
multi-year build-out of its Australian platform, for both
metallurgical and thermal coal production. Peabody continues
advancing multiple projects in China with major coal and energy
companies as well as partnerships in Mongolia, which include the
recently completed Peabody-Polo joint venture. Globally, Peabody
continues earning recognition for its strategic leadership and
financial performance. The company ranked number five both for
one-year and five-year growth in profits among the Fortune 500
companies in 2009, which positions Peabody among the top 1 percent
of companies in the nation. The company was also named to the top
20 for total shareholder return for the past five years with 19.3
percent annual compound growth rate (CAGR), compared with an
average Fortune 500 CAGR of 0.3 percent during that time. Also in
2008 the company earned dual Global Energy Awards, ranked among
Fortune magazine's Most Admired listing and placed 21st in the
Forbes Platinum List of Best Big Companies. Peabody Energy is the
world's largest private-sector coal company, with 2008 sales of 256
million tons and $6.6 billion in revenues. Its coal products fuel
10 percent of all U.S. electricity generation and 2 percent of
worldwide electricity. CONTACT: Beth Sutton (928) 522-7008
DATASOURCE: Peabody Energy CONTACT: Beth Sutton of Peabody Energy,
+1-928-522-7008 Web Site: http://www.peabodyenergy.com/
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