Peabody Energy Corp (NYSE:BTU)

Peabody Energy Corp. is a coal mining company, which operates through the following segments: Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other. The Western U.S. Mining segment consists of its Powder River Basin, Southwest and Colorado mines. This segment is engaged in the sale of thermal coal, sold primarily to electric utilities in the U.S. with a portion sold into the seaborne markets. The Midwestern U.S. Mining segment consists of its mines in Illinois and Indiana, which include a mix of surface and underground mining extraction processes and coal with a sulfur content and Btu. This segment is engaged in the sale of thermal coal, sold primarily to electric utilities in the U.S. with a portion sold into the seaborne markets. The Australian Mining segment consists of mines in Queensland and New South Wales, Australia. Its operations are primarily export focused with customers spread across several countries and a portion of its coal is sold to Australian steel producers and power generators. The Trading and Brokerage segment is engaged in the brokering of coal sales both as principal and agent in support of various coal production-related activities that may involve coal to be produced from its mines and coal sourcing arrangements with third-party mining companies. This segment also engages in the trading of coal, freight and freight-related contracts and provides transportation-related services in support of its coal trading strategy, as well as hedging activities in support of its mining operations. The Corporate and Other segment includes selling and administrative items, activity associated with its joint ventures, resource management activity, past mining obligations and its other commercial activities. Peabody Energy was founded by Francis S. Peabody in 1883 and is headquartered in St. Louis, MO.