SOURCE: Industrial Info Resources

Industrial Info Resources

April 22, 2013 06:30 ET

Peabody Energy Sees Turbulent First Quarter, but Expects Coal to Return to High Demand in 2013, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Apr 22, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri), the world's largest private-sector coal company, reported a steep decline in overall results for first-quarter 2013 from the same period last year, as U.S. shipments and Australian prices tumbled. Still, executives expressed optimism that coal would see much higher demand, regaining ground lost to natural gas last year. Industrial Info is tracking more than $3 billion in active projects involving Peabody.

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