Peabody Post-Earnings Thoughts

Q4 2023

Intro

Peabody Energy is one of the more difficult coal names to wrap your arms around in terms of their segments and coal assets around the world. It can be difficult to figure out which drivers are really moving the needle in their vast portfolio. Let’s start off by taking a look at their 2023 EBITDA, broken down by each segments “gross profits” (segmen…