Peabody Energy is the largest private sector coal company in the world. Its primary business consists of the mining, sale, and distribution of coal internationally. Learn the latest information and analysis on the company, BTU stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Energy stocks have benefited a lot from the war in Ukraine. Prices on commodities, including oil and coal have skyrocketed. Since coal provides 40% of the world’s electricity, bans on coal and other resources from Russia may further drive the business—and stock prices—of companies like Peabody.
Peabody Energy has great fundamentals, with forward P/E of 3 and fantastic earnings results in 2021. The company recently launched R3 Renewables, a renewable energy company, which is a good move considering the government’s plans to decarbonize energy.
The Peabody Energy Corporation stock price has been living a life of its own, having fallen from $46 in 2018 to $3 by the first quarter of 2020. After moving sideways for a year, the stock started growing and is now at 25. Which, considering the place the company’s in right now, looks like a great investment with a mix of growth and value.
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