Peabody's Q2 PRB sales up 6.6%; rail backlog remains

摘要

Peabody Energy's Western US operations sold 40.1 million st of coal in second-quarter 2014, up 6.65% from 37.6 million st in the same quarter last year, driven by utility demand for Powder River Basin coal, but rail performance is weighing on over-the-counter coal prices and utility demand, the company said in its earnings statement published Tuesday.