Tings look bleak for BTU Company Background
Post# of 63700
Company Background
Peabody Energy Corporation is a coal company. The Company has five segments: Western United States Mining, Midwestern United States Mining, Australian Mining, Trading and Brokerage, and Corporate and other. Western United States Mining and Midwestern United States segments are engaged in the mining, preparation and sale of thermal coal, which is typically supplied to United States electricity generators and industrial customers for power generation, with a portion sold into seaborne export markets. Australian Mining segment consists of the Company’s mines in Queensland and New South Wales, Australia. Trading and Brokerage segment is engaged in the direct and brokered trading of coal and freight-related contracts. Corporate and Other segment includes selling and administrative items, associated with its joint ventures, resource management activity, past mining obligations and other energy-related commercial activities.
http://www.peabodyenergy.com