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WHO OWNS BTU. It is still evermore astounding
to see the massive influx of Institutional ownership
of BTU stock.
And forecasts in the teens.. and higher.
Combined with measly volume of the selling
that has been driving the stock down.
PS
And the embarrassingly (for America) puny
Market Cap of one 1,000th of that of Tesla
and that ilk.
$100 million versus
$400 BILLION.
FACT! There will be a massive need for coal
as a primary energy source for MANY YEARS
INTO THE FUTURE.. APPROACHING FOREVER.
Sabotage of the stock price will not change
this fact.
It sure looks like Greenees are totally and
absolutely correct. Without a scintilla of
doubt about their forecast of the future of
America and how much greater it is going to be.
PS
The cost of energy is going to creep up with
skyrocketing result.
Pennies, looks like nobody else saw this coal
Rollback. Hard to believe stock can keep dropping..
especially with such tiny volume.
Rumors that Exxon is looking at Peabody for
joint venture, etc.
Pennies: Thanks for the news bulletin!! But instead
of real news like that, TD continues with
wanton ("PR") attacks against BTU like below:
PS - Still holding.. and buying more.
_______________________________________________________
November 04, 2020
6:20 am ET
CLASS ACTION UPDATE for BTU, FAF and WFC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Accesswire
November 03, 2020
10:50 pm ET
FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of BMRN, BTU, GOCO and NKLA
Globe Newswire
12:45 pm ET
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of BMRN, BTU and WFC
Accesswire
11:30 am ET
CLASS ACTION UPDATE for PT, BTU and WFC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Accesswire
11:30 am ET
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Peabody Energy Corporation (BTU)
Globe Newswire
ETC, ETC, ETC...AD INFINITUM [BURP!]
ASTOUNDING - Trading BTU at the .005 level.
Last trade went from $1.325 to $1.32.
Meaning it was down 1 half of 1 penny
between trades!!!
Or something like that.
100 shares just traded at $1.31.
Some rich dude with $1 and 31 dollars to spare.
Oh how the mighty have been smitted.
Fordgt: Bullish? Today? Hmmm. eom
Crusen, glad to hear you feel that way about
their intentions not being to support BK.
If BTU can start making money.. the stock
will get back to its early 2019 value.
Crusen - I see where (current major stock holder) Elliott Invest
spearheaded the BTU bankruptcy back in 2017. And received
lots of shares when the "new" BTU came out of that BK.
Is the implication of their owning so many BTU
shares that they are back to spearheading again?
But law says a company can only go bankrupt once in
8 years.
THERE'S STILL 5 YEARS TO GO TO GET TO 8.
(IF THAT IS THEIR PLAN)
BTW - I am not being negative. Just sayin'...
3 months ago Elliott owned 33% of Peabody stock. I
acknowledge; we do not know if they still do.
And I do not know if they are proving themselves
smart or not.. one way or the other.
Taurus, ask these guys who must have a
lot of faith in BTU, Esp Elliott, who owns
1/4th of Peabody's stock.
https://finance.yahoo.com/quote/BTU/holders?p=BTU
______________________________________________
Top Institutional Holders
Holder Shares Date Reported % Out Value
Elliott Investment Management L.P. 28,916,201 shares Jun 29, 2020 29.57% 83,278,658
Price (T.Rowe) Associates Inc 9,155,172 Jun 29, 2020 9.36% 26,366,895
Susquehanna International Group, LLP 6,438,248 Jun 29, 2020 6.58% 18,542,154
Vanguard Group, Inc. (The) 5,179,674 Jun 29, 2020 5.30% 14,917,461
Blackrock Inc. 5,047,749 Jun 29, 2020 5.16% 14,537,517
Dimensional Fund Advisors LP 5,043,541 Jun 29, 2020 5.16% 14,525,398
Renaissance Technologies, LLC 3,906,853 Jun 29, 2020 3.99% 11,251,736
Goldman Sachs Group, Inc. 2,550,796 Jun 29, 2020 2.61% 7,346,292
Platinum Investment Management Ltd 2,033,522 Jun 29, 2020 2.08% 5,856,543
State Street Corporation 1,779,598 Jun 29, 2020 1.82% 5,125,242
If I read that Major Holders List right, they are all
under water. "Elliott Investment" looks like it has
average cost of $2.80/share.
(29 million shares of BTU that they paid $83 million for)
A lot of "Big Shots" own a lot of BTU stock:
https://finance.yahoo.com/quote/BTU/holders?p=BTU
________________________________________________________
Top Institutional Holders
Holder Shares Date Reported % Out Value
Elliott Investment Management L.P. 28,916,201 shares Jun 29, 2020 29.57% 83,278,658
Price (T.Rowe) Associates Inc 9,155,172 Jun 29, 2020 9.36% 26,366,895
Susquehanna International Group, LLP 6,438,248 Jun 29, 2020 6.58% 18,542,154
Vanguard Group, Inc. (The) 5,179,674 Jun 29, 2020 5.30% 14,917,461
Blackrock Inc. 5,047,749 Jun 29, 2020 5.16% 14,537,517
Dimensional Fund Advisors LP 5,043,541 Jun 29, 2020 5.16% 14,525,398
Renaissance Technologies, LLC 3,906,853 Jun 29, 2020 3.99% 11,251,736
Goldman Sachs Group, Inc. 2,550,796 Jun 29, 2020 2.61% 7,346,292
Platinum Investment Management Ltd 2,033,522 Jun 29, 2020 2.08% 5,856,543
State Street Corporation 1,779,598 Jun 29, 2020 1.82% 5,125,242
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Price (T.Rowe) Mid-Cap Value Fund 6,213,131 Sep 29, 2020 6.35% 14,290,201
Price (T.Rowe) Mid-Cap Value Equity Trust 1,950,856 Jun 29, 2020 1.99% 5,618,465
Vanguard Total Stock Market Index Fund 1,924,636 Jun 29, 2020 1.97% 5,542,951
DFA U.S. Small Cap Value Series 1,870,849 Jul 30, 2020 1.91% 5,837,048
iShares Russell 2000 ETF 1,404,082 Sep 29, 2020 1.44% 3,229,388
Federated Hermes MDT Small Cap Core Fund 1,079,141 Jul 30, 2020 1.10% 3,366,919
Vanguard Extended Market Index Fund 1,046,999 Jun 29, 2020 1.07% 3,015,357
Vanguard Small-Cap Index Fund 856,853 Jun 29, 2020 0.88% 2,467,736
DFA U.S. Targeted Value Portfolio 755,585 Jul 30, 2020 0.77% 2,357,425
John Hancock Fds II-Mid Value Fund 684,896 Aug 30, 2020 0.70% 1,787,578
Lots of people talking about BTU over here:
https://finance.yahoo.com/quote/BTU/community?p=BTU
BTU Earning Report (3rd qtr) coming on Nov 9. Here's the
announcement:
Peabody to announce results for the quarter ended September 30, 2020
[5:27 pm ET October 29, 2020 (PR Newswire)]
On Monday, Nov. 9, 2020, Peabody (NYSE: BTU) will announce results for the quarter ended Sept. 30, 2020.
A conference call with management is scheduled for 10 a.m. CST on Monday, Nov. 09, 2020.
The call, replay and other investor data will be available at PeabodyEnergy.com.
Participants may also access the call using the following phone numbers:
U.S. and Canada (888) 312-3049 Australia 1800 849 976 United Kingdom 0808 238 9907
For all other international participants, please contact Peabody Investor Relations at (314) 342-7900 prior to the call to receive your dial-in number.
Peabody (NYSE: BTU) is a leading coal producer, serving customers in more than 25 countries on six continents. We provide essential products to fuel baseload electricity for emerging and developed countries and create the steel needed to build foundational infrastructure. Our commitment to sustainability underpins our activities today and helps to shape our strategy for the future. For further information, visit PeabodyEnergy.com.
Contact:Tammy Poole314.342.7900
Look real quick. The stock is in the green. eom
TD indicates tomorrow is 3rd qtr earnings report. Here are
estimates I found ahead of the report.
(I am not sure how to read it)
https://invest.ameritrade.com/grid/p/site#r=jPage/https://research.ameritrade.com/grid/wwws/research/stocks/earnings?period=ann§ion=2&symbol=BTU&c_name=invest_VENDOR
________________________________________________
EXCERPT:
Latest Earnings (Year ending 12/2019)
Non-GAAP earnings
$0.44
Consensus estimate
-$0.15
"Latest Earnings Estimate Range": [I do not know if this means 3rd quarter of 2020 or not???]
Highest
estimate
$0.74
Mean
estimate
-$0.15
Lowest
estimate
-$0.79
".. BTU has repurchased over $100 million worth of shares of a commitment of a total $250 million shares on a fast track mission."
That amount of purchasing should buy all of BTU stock at $1.25. With $$millions left over.
Also, it would seem the buy back should be sending the stock price up.. not down. ???
Some pretty powerful analysts say good things.. as of today..
about BTU's prospects. Although a few go back a year.
[ https://www.marketbeat.com/stocks/NYSE/BTU/price-target/ ]
_________________________________________________________
8/7/2020 Vertical Research Downgrade Buy ? Hold $3.00 High
5/7/2020 Clarkson Capital Downgrade Buy ? Neutral High
4/30/2020 B. Riley Lower Price Target Neutral $5.00 ? $4.00 Medium
3/20/2020 Deutsche Bank Downgrade Buy ? Hold $4.00 Medium
2/7/2020 Benchmark Initiated Coverage Hold Medium
10/30/2019 BMO Capital Markets Lower Price Target Market Perform $14.00 High
8/19/2019 (1 year ago) JPMorgan Chase & Co. Downgrade Overweight ? Neutral $35.00 ? $30.00 Medium
8/6/2019 Jefferies Financial Group Downgrade Buy ? Hold $27.00 ? $18.00 Low
4/10/2019 MKM Partners Lower Price Target Buy $44.00 ? $40.00 Low
3/20/2019 Credit Suisse Group Initiated Coverage Outperform $42.00 Medium
Pennies, more words to live by.. thanks. And
help sleep.. no matter what fate has in store for
America's future and the future of energy.
I gotta admit that aberrations like Tesla et al..
with PEs in the 1,000s.. or no PEs at all.. are
disconcerting.
DAY YAM!!! Now I see where the 100s of Lawsuits
are coming from. Let's hope they are going after this
theft of BTU assets against Kellow PERSONALLY.
And I wish I had known how evil the boss was.
Selling tomorrow and joining in the robbery.
$7,000,000 is beyond perfidiousness personified.
And Yes!! We know it is everywhere.
No wonder the BTU workers hate their own company
SO MUCH.
Pennies - You said: "I don't bet anything I cannot afford
to lose. If I end up with a loss, I adjust my strategy."
I kinda operate the same way.
I just didn't think it would happen so damn quickly.
And so totally.
With no explanation from hqtrs.
I did find that the boss made $7,6000,000 last year.
Do you know why?
Thanks.
Still holdin'...
I guess maybe to the end.
HERE'S NEWS FROM BTU: Dated 26 Oct, 2020
https://www.bizjournals.com/stlouis/news/2020/10/26/peabody-energy-hires-to-replace-coo-it-terminated.html
[Pennies, have you got any comments about this?]
Announcing the new COO. (The released COO was paid $2.4 million in 2019)
I did not know that second quarter REVENUE had dropped so drastically.
excerpt (If correct it helps explain the drastic stock drop.):
"Peabody reported a second-quarter net loss attributable to common shareholders of $1.54 billion,
compared with net income attributable to common shareholders of $37.1 million in last year's quarter.
The company's second-quarter revenue of $626.7 million fell from $1.15 billion in the second quarter of 2019."
Not being negative. But those Institutions and Mutual
Funds that hold 95% of BTU stock must be going
frantic.
Percent BTU Held by Institutions - 95.82%
___________________________________________________
https://en.wikipedia.org/wiki/Peabody_Energy
Peabody Energy, headquartered in St. Louis, Missouri,[6] is the largest private sector coal company in the world.[7] Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking. Peabody also markets, brokers, and trades coal through offices in China, Australia, the United Kingdom, and the United States.
In 2017, Peabody recorded sales of 191.5 million tons of coal.[3] Peabody markets coal to electricity generating and industrial customers in more than 25 nations on six continents. As of December 31, 2017, the company had approximately 5.2 billion tons of proven and probable coal reserves.[3]
Peabody maintains ownership of majority interests in 23 surface and underground mining operations located throughout the United States and Australia.[8] In the United States, company-owned mines are located in Alabama, Wyoming, Colorado, Arizona, New Mexico, Illinois, and Indiana. Peabody's largest operation is the North Antelope Rochelle Mine located in Campbell County, Wyoming, which mined more than 92 million tons of coal in 2016.[9]
OTOH - Would be nice to hear from hqtrs. eom
Pennies, I still kind of wonder if BTU stock is
being treated as sort of a "canary in the 'coal' mine"
about who is gonna win the election(s).
And my belief is that no matter who wins, coal
will still be a VITALLY needed commodity.
Far far into the future.
Would be up a $dollar... if not for the "market". eom
Big Casino? And here I live in Reno (R"ino")!?! eom
Pennies, I agree with your epiphany. Ihub? PS
It kinda depends on the new lady who the Reps
just stacked.
And how the Dems retaliate.. if they get
the chance to.
PSS
They used to talk about big coal like that.
:( :( :(
PENNIES: Thank you. I can see where people might
get that impression.
I am long BTU. And like you I do not invest money
I cannot afford to lose.
I really hate the repetitive anti-BTU stuff the TD
keeps throwing out the day after day.
Hey! How about TD start reporting your and Merth's
information!!!!
Thanks.
Sam
PS
How about this for positive thought:
% Held by Institutions, 95.8%
On a not so humorous note: Look at the
stock price. GULP!
Could it be predicting a Trump loss.
That's the way I see it.
Even tho Dems (and America) can ill-afford
to get rid of coal, the stock market (and BTU
MMs) might be taking advantage of that (wrongful)
concept being possible after a Dem election victory.
BTU holding even in horrible market day!! So
So far.
What does that say?
WOW - (crazy timing after I just commented about hqtrs!) Sud-
Suddenly BTU has a new Chief Operating Officer (COO)
Seems hard to think he could be any worse than previous.
(WE HOPE!)
___________________________________________________
Peabody Names Yeates Chief Operating Officer
8:17 am ET October 26, 2020 (Dow Jones) Print
By Matt Grossman
Peabody Energy Corp. Monday named Darren Yeates chief operating officer, effective Nov. 1.
Mr. Yeates has been on the board of directors of the St. Louis-based coal producer since February. He has previously served as COO of MACH Energy Australia and as chief executive of GVK Hancock Coal. He also worked at Rio Tinto PLC for 22 years, according to Peabody.
Mr. Yeates succeeds Charles Meintjes, who left the company last month, according to a Peabody filing with the Securities and Exchange Commission.
Write to Matt Grossman at matt.grossman@wsj.com
Pennies: The BTU question then arises. Is its manage-
Is its management like GE's management?
IE: less than competent?
Will potential blunders at BTU hqtrs keep BTU
from being successful in spite of the massive
demand for coal.
These are the same guys that road BTU
into bankruptcy a few years ago.
(I was a victim of their elimination of all
the common stock.)
Just sayin'...
BTW - A company can only hide itself in
BK every 8 years.
PS
With market down 700 this am I am scared
to look at BTU today.
"RENEWABLE" ENERGY? COAL ENERGY can easily be "renewed" by
just digging more of it.
AND THERE IS A LOT OF COAL TO "RENEW" WITH!
CRAZIEST STOCK MARKET IN HISTORY OF THE WORLD:
Intel PE 11.
Tesla PE 1100.
PS
Intel makes real money profits.
Kweshchun: If Buffet/Berkshire is buying coal (BTU,
ARCH, etc) stock, why is stock prices plummeting?
It must break Warren's heart to look so "wrong".
PS
BTU's 16 month range: $40 to $1.50. GULP!
PSS
I am still trying to dollar cost average
BTU stock. GULP2!
MERTH - Thanks for the enlightening Reports!!
Merth - Thanks for the reminder of myriad uses
for coal.
The most significant uses of coal are in electricity generation, steel production, cement manufacturing and as a liquid fuel. Different types of coal have different uses. Steam coal - also known as thermal coal - is mainly used in power generation.
And much much more... Plastics!
ONE of theses days 1 of the car companies is
gonna fork over measly couple 100 $million dollars
and buy Peabody. Then they can control the
Electric Car fuel "system".
And BTU stock will rebound.
Ya think....