Peabody Energy Sees Q1 2024 Other U.S. Thermal Volume ~3.6M Tons At $52.35/Ton And Costs ~$41-$45 Per Ton
Portfolio Pulse from Benzinga Newsdesk
Peabody Energy projects its Q1 2024 Other U.S. Thermal Volume to be approximately 3.6 million tons, with a selling price of $52.35 per ton and costs ranging between $41 and $45 per ton.
February 08, 2024 | 1:13 pm
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Peabody Energy expects its Q1 2024 Other U.S. Thermal Volume to be around 3.6 million tons, priced at $52.35 per ton, with production costs estimated between $41 and $45 per ton.
The projected selling price of $52.35 per ton against the production costs of $41 to $45 per ton suggests a positive margin for Peabody Energy in Q1 2024. This could lead to an optimistic outlook for investors, potentially driving the stock price up in the short term. The confidence in this analysis is high due to the clear figures provided, though market conditions and operational efficiencies will also play a role.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100