Press Releases
Bloomberg BusinessWeek has named Peabody Energy
According to the magazine, Peabody returned 116.6 percent to shareholders from March 31, 2005 to March 31, 2010, nearly 12 times that of the S&P 500. Peabody's performance places the company among the top 10 percent of the S&P and demonstrates exceptional performance both in "good times" and periods of "tremendous economic turbulence," writes BusinessWeek.
"Peabody's superior results reflect the strength of our global platform and world-class team," said Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce. "This honor is a testament to new directions, new investments and a new way of doing business. We have built an energy portfolio with unmatched geographic reach, including the leading position in the lowest-cost U.S. regions and a growing presence in Australia and Asia.
BusinessWeek also lauded Peabody for its leadership in clean coal solutions, noting the company's participation as the only non-Chinese equity partner in GreenGen, China's centerpiece carbon initiative.
Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2009 sales of 244 million tons and $6 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity. Peabody: energizing the world, one Btu at a time.
CONTACT: Meg Gallagher (314) 342-7963
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SOURCE: Peabody Energy
CONTACT: Meg Gallagher, +1-314-342-7963, for Peabody Energy
Web Site: http://www.peabodyenergy.com/