SUBSCRIBERS
America's biggest coal miner hops onto comeback wagon
After almost a year in bankruptcy, Peabody is trading again, riding a rally in coal prices along with other miners
Published Wed, Apr 5, 2017 · 09:50 PM
New York
PEABODY Energy Corp, America's largest coal miner, is back.
After almost a year in bankruptcy, the St Louis-based giant began trading again on the New York Stock Exchange on Tuesday. Its return to Wall Street comes as the entire US coal sector is staging a comeback amid growing interest from investors.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase
Oil settles down on US jobs data, steepest weekly loss in three months
Glencore Group nears deal for Shell’s Singapore oil refinery
Opec+ may need to tackle oil capacity conundrum next month
Gold flat ahead of US payrolls data, set for second weekly drop