Peabody Energy Q3 revenue slips to $1.42 billion

摘要

Peabody Energy reported Q3 revenues of $1.42 billion andadjusted EBITDA of $129 million, beating some analysts’projections but still showing the effects of a brutal market.“Peabody’s third quarter results reflect a solid operationalperformance across the portfolio that continues to limit thepricing impacts from unprecedented market conditions,”Peabody President and CEO Glenn Kellow stated. “Our miningplatform is operating well, and we are balancing our dualfinancial objectives of optimizing liquidity in response to theprolonged industry downturn whilst keeping a strategic eye ondeleveraging.”