Every material Form 8-K Peabody Energy has filed with the SEC since May 06, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Peabody reported a third-quarter 2026 net loss attributable to common stockholders of $32.8 million, or $0.27 per diluted share, down from $70.1 million, or $0.58, a year earlier. Revenue rose to $1,096.3 million from $1,012.1 million, while Adjusted EBITDA of $97.5 million was roughly flat with $99.5 million in the prior-year quarter. The company cut its 2026 seaborne metallurgical volume and raised expected costs because of faulted conditions at the Centurion mine.
Q3 2026 revenue was $1,096.3 million, up from $1,012.1 million in Q3 2025; Adjusted EBITDA was $97.5 million versus $24.0 million in Q2 2026.
Full-year 2026 seaborne metallurgical volume was lowered by 0.6 million tons, and costs are expected to rise by about $15 per ton, mainly due to lower Centurion production.
Powder River Basin 2026 sales volume decreased by about 7.5 million tons, reflecting weaker 2026 U.S. coal burn.
Board declared a quarterly dividend of $0.075 per share, payable December 9, 2026, to holders of record on November 19, 2026.
Peabody Energy said its Executive Vice President and Chief Operating Officer, Darren R. Yeates, will move to a consulting agreement starting February 1, 2027, when his current employment contract expires, running through January 31, 2028. The move is part of the company's ongoing succession planning, and the filing sets out a fixed consulting fee that the company can end at any time.
Consulting agreement signed August 27, 2026; services begin February 1, 2027 and run through January 31, 2028
Minimum monthly consulting fee of $89,773, with up to 40 hours of services per month
Additional fee of $2,244 per hour for work beyond 40 hours in a month
Peabody reported a second-quarter 2026 net loss attributable to common stockholders of $90.6 million, or $0.74 per diluted share, compared with a $27.6 million loss a year earlier, even though revenue rose to $1.0 billion from $890.1 million. Adjusted EBITDA fell to $24.0 million from $93.3 million, as the company cited temporarily lower volumes and higher costs, and it updated its 2026 guidance. The Board also declared a $0.075 quarterly dividend per share.
Q2 2026 net loss attributable to common stockholders was $(90.6) million, or $(0.74) per diluted share, versus $(27.6) million, or $(0.23) per share, in Q2 2025.
Revenue was $1,003.2 million in Q2 2026 versus $890.1 million a year earlier; Adjusted EBITDA was $24.0 million versus $93.3 million.
Peabody now targets 2026 Centurion Mine sales of 2.0 to 2.5 million tons, including 0.5 to 0.7 million tons in the third quarter.
Quarterly dividend of $0.075 per share is payable September 3, 2026 to stockholders of record on August 12, 2026.
Peabody Energy entered into Amendment No. 3 to its revolving credit agreement with PNC Bank, National Association, as administrative agent, on June 30, 2026. The amendment increases revolving commitments by $80 million, extends the maturity to June 30, 2030, and lowers the interest margins on revolving loans, which gives the company more borrowing capacity on longer terms and at lower rates.
Revolving commitments increased from $320 million to $400 million.
Maturity extended from January 18, 2028 to June 30, 2030.
SOFR margin range cut to 3.25% to 4.00% from 3.50% to 4.25%, depending on total net leverage ratio; base rate margin cut to 2.25% to 3.00% from 2.50% to 3.25%.
On June 12, 2026, Peabody's Australian subsidiaries entered two surety bond facilities with combined commitments of A$700 million, replacing cash-collateralized reclamation bonding programs. The same day, the company terminated its 2020 Transaction Support Agreement with its surety providers after satisfying all obligations under it. The company says the changes are expected to reduce total reclamation collateral requirements and eliminate a minimum liquidity covenant.
June 12, 2026: Australian subsidiaries entered surety bond facilities with Liberty and Swiss Re International SE, with combined commitments of A$700 million maturing June 12, 2031.
The new facilities replace the Australian subsidiaries' existing 100% cash-collateralized programs and are secured by substantially all of the obligors' assets.
June 12, 2026: Peabody terminated the 2020 Transaction Support Agreement with its sureties; all obligations under it were satisfied.
Peabody says the combined transactions are expected to reduce total reclamation collateral requirements and eliminate a minimum liquidity covenant.
Peabody completed a private offering of $250 million in 0.50% convertible senior notes due 2031 on June 2, 2026, with net proceeds of about $243.3 million. The company plans to use part of the proceeds, together with cash, to repurchase about $241.2 million of its 3.250% convertible notes due 2028 for about $388.8 million, which shifts its debt toward a lower-coupon instrument and adds dilution protection through capped call transactions.
Notes total $250 million after initial purchasers exercised an option for an additional $25 million on May 29, 2026
Initial conversion price is about $38.32 per share, a 32.5% premium to the $28.9197 volume weighted average price on May 28, 2026
Company plans to repurchase about $241.2 million of 2028 notes for about $388.8 million total cash, using about $16.7 million of proceeds for capped calls
Notes mature June 1, 2031 and bear 0.50% annual interest; the company may not redeem them before June 5, 2029
Peabody Energy director Joe W. Laymon resigned from the Board effective immediately, having notified the Board on May 20, 2026. He also gave up his seats on the Compensation Committee and the Nominating and Corporate Governance Committee. The filing says the resignation was for personal health reasons and was not due to any disagreement with the company.
Joe W. Laymon notified the Board of his resignation on May 20, 2026, effective immediately.
He resigned from the Compensation Committee and the Nominating and Corporate Governance Committee as well.
The filing states the resignation was not related to any disagreement on the company's operations, policies or practices.
At its May 7, 2026 annual meeting, Peabody stockholders elected ten directors to one-year terms, approved the 2026 Incentive Plan, approved executive pay on an advisory basis, and ratified Ernst & Young LLP as auditor for 2026. The Board also rejected Chair Robert A. Malone's resignation, allowing him to serve one additional year after reaching age 75, subject to re-election at the 2027 annual meeting, and approved a new Vice Chair role.
Ten directors elected for one-year terms; Bob Malone received 85,763,616 votes for and 1,947,648 against.
2026 Incentive Plan approved with 86,289,993 votes for and 1,245,353 against, effective immediately.
Board rejected Chair Robert A. Malone's resignation and authorized him to serve one more year after reaching age 75, subject to re-election in 2027.
Board amended governance guidelines to create a Vice Chair role, with an appointment to follow the 2027 Annual Meeting.
Peabody reported a first-quarter 2026 net loss attributable to common stockholders of $(32.4) million, or $(0.27) per diluted share, compared with net income of $34.4 million, or $0.27 per diluted share, a year earlier, even though revenue rose to $973.3 million from $937.0 million. The company also cut its full-year 2026 Centurion volume expectation to 2.5 million tons from 3.5 million tons after longwall commissioning problems, which lowers expected output for shareholders. The Board also declared a $0.075 per share quarterly dividend.
Q1 2026 revenue was $973.3 million vs. $937.0 million in Q1 2025; net loss attributable to common stockholders was $(32.4) million vs. net income of $34.4 million.
Adjusted EBITDA was $82.5 million vs. $144.0 million a year earlier; Seaborne Metallurgical posted a $(7.0) million Adjusted EBITDA loss, including approximately $80 million impact from Centurion.
Full-year 2026 Centurion volume is now expected at 2.5 million tons vs. the original 3.5 million tons; the longwall move planned for Q4 2026 is now expected in early 2027.
Quarterly dividend of $0.075 per share, payable June 8, 2026 to stockholders of record on May 19, 2026.
Peabody reported fourth-quarter 2025 net income attributable to common stockholders of $10.4 million, or $0.09 per diluted share, down from $30.6 million, or $0.25, a year earlier, and full-year 2025 results showed a net loss of $52.9 million after a $370.9 million profit in 2024. The company also declared a $0.075 per share quarterly dividend and gave first-quarter and full-year 2026 targets, including $340 million of total capital expenditures for 2026.
Q4 2025 revenue was $1,022.3 million, down from $1,123.1 million in Q4 2024, and Adjusted EBITDA was $118.1 million, down from $176.7 million.
Full-year 2025 revenue was $3,861.5 million, down from $4,236.7 million, and Adjusted EBITDA was $454.9 million, down from $871.7 million.
Centurion longwall mining is expected to begin this week, two months ahead of the original target, with 3.5 million tons targeted for 2026.
The board declared a $0.075 per share dividend payable March 10, 2026, to holders of record on February 23, 2026.
Peabody Energy's board has started an active search for a successor to CEO James Grech, who is approaching retirement eligibility. Under a Transition and Consulting Agreement effective December 17, 2025, Grech stays as CEO until May 15, 2028, then serves in an advisory role until May 15, 2030, which gives shareholders a defined leadership handover timeline.
Grech remains CEO until the Transition Date of May 15, 2028, and is expected to stay on the board until then.
After the transition, Grech will serve in an advisory capacity until May 15, 2030, at a consulting fee of $1,500,000 per year.
The company says the agreement is part of succession planning and not the result of any disagreement over operations, policies or practices.
Peabody Energy's board appointed Georganne Hodges and Clayton Walker as directors effective November 19, 2025, bringing the board to 10 members. Hodges has energy chief financial officer and board experience, and Walker has senior mining operations experience, according to the company.
Georganne Hodges and Clayton Walker were appointed to the board on November 19, 2025, with terms expiring at the 2026 Annual Meeting of Stockholders.
Hodges joins the Audit Committee and Nominating and Corporate Governance Committee; Walker joins the Compensation Committee and Health, Safety, Security and Environmental Committee.
Each director received a prorated grant of deferred stock units, sized at $62,500 or $66,250 depending on their allocation election.
Peabody reported a third-quarter 2025 net loss attributable to common stockholders of $70.1 million, or $0.58 per diluted share, including $54.0 million of costs related to a terminated acquisition. Revenue was $1,012.1 million, down from $1,088.0 million a year earlier, and Adjusted EBITDA was $99.5 million versus $224.8 million. The company also said it is strengthening its full-year 2025 targets for its seaborne metallurgical, seaborne thermal and Powder River Basin segments, and declared a $0.075 per share quarterly dividend.
Q3 2025 net loss attributable to common stockholders of $70.1 million, or $0.58 per diluted share, versus net income of $101.3 million, or $0.74 per diluted share, in Q3 2024
Q3 2025 revenue of $1,012.1 million, up from $890.1 million in Q2 2025 but down from $1,088.0 million in Q3 2024
Full-year 2025 targets strengthened for seaborne metallurgical, seaborne thermal and PRB segments; Centurion longwall operations expected to begin in February 2026
Quarterly dividend of $0.075 per share payable December 3, 2025 to stockholders of record on November 13, 2025
Peabody Energy said Malcolm J. Roberts will become Executive Vice President and Chief Commercial Officer effective September 1, 2025. He has been with the company since 2021 and was named Chief Marketing Officer in May 2023, so the move is an internal promotion of an existing executive.
Roberts's annual base salary is $515,000.
His short-term incentive target is 95% of base salary, and his long-term incentive target is approximately 195% of base salary.
His employment contract is dated August 7, 2025, with Peabody Energy Australia Coal Pty Ltd, a wholly-owned subsidiary, and is filed as Exhibit 10.1.
Peabody reported a second-quarter net loss attributable to common stockholders of $27.6 million, or $0.23 per diluted share, compared with net income of $199.4 million, or $1.42 per share, a year earlier. Revenue fell to $890.1 million from $1,042.0 million, and Adjusted EBITDA fell to $93.3 million from $309.7 million, while the company raised some full-year volume targets and lowered cost targets for three segments. The company also said a Material Adverse Change has occurred under its purchase agreements for the Anglo American Moranbah North acquisition and plans a further update on August 19, 2025.
Q2 2025 net loss attributable to common stockholders of $27.6 million, or $0.23 per diluted share, versus $199.4 million, or $1.42 per share, in Q2 2024
Q2 revenue of $890.1 million versus $1,042.0 million a year earlier; Adjusted EBITDA of $93.3 million versus $309.7 million
Full-year 2025 PRB volume guidance raised by 5 million tons; Seaborne Metallurgical full-year cost guidance lowered by $7 per ton to approximately $118 per ton
Quarterly dividend of $0.075 per share payable September 3, 2025 to holders of record August 14, 2025
Peabody reported first-quarter 2025 net income attributable to common stockholders of $34.4 million, or $0.27 per diluted share, down from $39.6 million, or $0.29, a year earlier, on revenue of $937.0 million versus $983.6 million. The company also said it notified Anglo American of a Material Adverse Change tied to the inactive Moranbah North Mine, and it may terminate the planned steelmaking coal acquisition if the issue is not resolved in the agreed timeframe.
Q1 2025 net income attributable to common stockholders was $34.4 million, or $0.27 per diluted share, versus $39.6 million, or $0.29, in Q1 2024.
Adjusted EBITDA was $144.0 million versus $160.5 million a year earlier; revenue was $937.0 million versus $983.6 million.
Peabody notified Anglo American of a Material Adverse Change on the planned steelmaking coal acquisition, related to the Moranbah North Mine, which has been inactive since a gas ignition event on March 31, 2025.
Board declared a quarterly dividend of $0.075 per share, payable June 4, 2025 to holders of record on May 15, 2025.
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