Quarterly ResultMay 5, 2026, 07:52 AM
Peabody Energy Q1 Net Loss $(32.4)M, Adj. EBITDA $82.5M; Declares $0.075 Dividend
AI Summary
Peabody Energy reported a net loss attributable to common stockholders of $(32.4) million, or $(0.27) per diluted share, for Q1 2026, compared to a net income of $34.4 million in the prior-year quarter. Adjusted EBITDA was $82.5 million, down from $144.0 million year-over-year. The company benefited from strong demand and higher prices in thermal segments, but faced challenges at its Centurion mine, impacting seaborne metallurgical volumes. Peabody's Board also declared a quarterly dividend of $0.075 per share.
Key Highlights
- Q1 2026 net loss attributable to common stockholders was $(32.4) million, or $(0.27) per diluted share.
- Adjusted EBITDA for Q1 2026 was $82.5 million, down from $144.0 million YoY.
- Board declared a quarterly dividend of $0.075 per share, payable June 8, 2026.
- Seaborne Thermal Adjusted EBITDA was $48.5 million, exceeding volume expectations.
- Seaborne Metallurgical reported an Adjusted EBITDA loss of $7.0 million due to Centurion issues.
- Powder River Basin generated $23.7 million Adjusted EBITDA, with sales volumes above guidance.
- Other U.S. Thermal delivered $37.8 million Adjusted EBITDA, with costs below targets.
- Centurion mine's full-year 2026 volume expectation reduced to 2.5 million tons from 3.5 million.