Peabody Energy (NYSE:BTU) (NYSE: BTU) is one of the world’s largest private-sector coal producers, headquartered in St. Louis, Missouri. The company develops, produces and markets both thermal and metallurgical coal, serving diverse end markets that include power generation, steelmaking and industrial applications. With operations spanning the Powder River Basin and Illinois Basin in the United States, as well as the Bowen Basin and Central Queensland in Australia, Peabody manages a global network of mining, logistics and customer service facilities.
Thermal coal from Peabody is used primarily to generate electricity, while metallurgical coal is a key ingredient in steel production. The company employs a range of extraction techniques—including open pit and underground mining—to optimize recovery and efficiency. In addition to coal production, Peabody offers value-added services such as product blending, quality management, and freight coordination, leveraging long-term relationships with rail, port and shipping partners to deliver material to customers worldwide.
Founded in 1883 by F.W. Peabody in the Cherokee Strip of Kansas, the company has grown into a publicly traded entity listed on the New York Stock Exchange. Over its history, Peabody has navigated industry cycles, regulatory changes and evolving customer demands. In 2016, the company restructured through a court-supervised process to enhance its financial position and emerged with a renewed focus on operational excellence, safety and environmental stewardship.
Under the leadership of President and Chief Executive Officer Glenn Kellow, Peabody emphasizes responsible mining practices and community engagement. The management team has implemented rigorous health, safety and environmental protocols, pursuing innovations in land rehabilitation, water management and emissions control. Peabody’s board and executive leadership continue to prioritize sustainable delivery of essential energy and metallurgical products while seeking to advance long-term value for shareholders and stakeholders across its global operations.
