Peabody Energy Corporation ( http://www.peabodyenergy.com/ ) (NYSE: BTU), through its subsidiaries, engages in the exploration, mining, and production of coal worldwide. It was founded in 1883 and is headquartered in St. Louis, Missouri.
As of August 22, 2010, it had a 52 week stock price range of $31.74 – 52.14. As of December 31, 2009, it had a net income of $463,000,000. It had long term debt of $2,738,200,000 and net tangible assets of $3,749,700,000.
It is the largest private-sector coal company. Its coal products fuel 10% of all United States electricity generation and 2% of worldwide electricity. The company has a short vision statement for sustainability which is very vague. The company does not appear to have any plans to convert away from coal and towards renewable energy.
This is an Anti Green Business. It is overvalued, and as long as it stays in the coal business, it should be considered an unsustainable investment.
Peabody Energy Corporation website
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