Peabody Energy Sees Q1 2024 U.S. Thermal PRB Volume ~21M Tons At $13.55/Ton And Costs ~$11.75-$12.50 Per Ton
Portfolio Pulse from Benzinga Newsdesk
Peabody Energy projects its Q1 2024 U.S. Thermal PRB volume to be around 21 million tons, with a selling price of approximately $13.55 per ton and costs estimated to be between $11.75 and $12.50 per ton.
February 08, 2024 | 1:12 pm
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Peabody Energy expects its Q1 2024 U.S. Thermal PRB volume to be around 21 million tons, with a selling price of about $13.55 per ton and costs estimated between $11.75 and $12.50 per ton.
The projected increase in volume and the positive margin between selling price and costs suggest a potentially profitable quarter for Peabody Energy. This could lead to a positive short-term impact on BTU's stock price, as investors may view the company's operational efficiency and pricing strategy favorably.
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