Feb 5 (Reuters) - Peabody Energy Corp BTU.N :
- PEABODY REPORTS EARNINGS FOR QUARTER AND YEAR ENDED DECEMBER 31, 2019
- Q4 REVENUE $1.12 BILLION VERSUS $1.4 BILLION
- SUSPENDING DIVIDENDS IN LIGHT OF INDUSTRY CONDITIONS
- LOWERING CAPITAL EXPENDITURES
- COMMENCING COMMERCIAL PROCESS FOR NORTH GOONYELLA MINE IN TANDEM WITH ONGOING MINE DEVELOPMENT PLAN
- EMPHASIZING DEBT REDUCTION
- QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $3.12
- 2020 SEABORNE METALLURGICAL VOLUMES ARE EXPECTED TO BE APPROXIMATELY 8.3 MILLION TONS
- QTRLY NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $2.98
- NOW TARGETING TOTAL 2020 CAPITAL EXPENDITURES OF ABOUT $250 MILLION
- PEABODY ENERGY - COMMERCIAL OUTCOMES FOR NORTH GOONYELLA MINE COULD INCLUDE STRATEGIC FINANCIAL PARTNER, JV STRUCTURE/ COMPLETE SALE OF NORTH GOONYELLA
- QUARTER-END TOTAL TONS SOLD 40.8 MILLION TONS VERSUS 46.2 MILLION TONS
- PEABODY ENERGY - ANTICIPATES DECISION FROM U.S. FEDERAL TRADE COMMISSION ON FORMATION OF HIGHLY SYNERGISTIC PROPOSED PRB/COLORADO JOINT VENTURE IN Q1
- PEABODY ENERGY - WILL CONSOLIDATE FORMER MIDWESTERN AND WESTERN SEGMENTS INTO 'OTHER U.S. THERMAL' FOR PURPOSES OF SEGMENT REPORTING IN 2020 & BEYOND
- PEABODY ENERGY - FOR 2020, CO IS GUIDING TOWARD INCREASED MET COAL VOLUMES & REDUCED MET COSTS, LOWER SG&A & LOWER NORTH GOONYELLA HOLDING COSTS
- PEABODY ENERGY - MACRO INDUSTRY CONDITIONS & TRADE AND IMPORT POLICY UNCERTAINTIES, SUGGEST CHALLENGING BACKDROP TO START THE YEAR
- COMPANY'S 2020 EARNINGS PROFILE IS EXPECTED TO BE WEIGHTED TO SECOND HALF OF YEAR
- PEABODY ENERGY - IN 2020 U.S. THERMAL COSTS EXPECTED TO BE IMPACTED & EXPECTED TO HAVE ABOUT $30 MILLION IMPACT ON COSTS RELATIVE TO 2019
- PEABODY ENERGY - FOR 2020, CO IS TAKING A "LIVE WITHIN OUR MEANS" APPROACH GIVEN CHANGES IN INDUSTRY CONDITIONS & OPERATING PORTFOLIO
- PEABODY ENERGY - INCREASE IN FEDERAL COAL EXCISE TAX IS EXPECTED TO HAVE ABOUT $30 MILLION IMPACT ON 2020 U.S. THERMAL COSTS RELATIVE TO 2019
- PEABODY ENERGY - RELATIVE TO Q4 2019, Q1 2020 EXPECTED TO BE LOWER
- PEABODY ENERGY - Q1 TO BE LOWER DUE TO $89 MILLION OF NON-RECURRING SETTLEMENT INCOME, ABOUT PRICING IMPACTS OF $20 MILLION - $30 MILLION, HIGHER SEABORNE COSTS