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Peabody Energy Emerges from Bankruptcy, Focuses on Debt Reduction

Peabody Energy Emerges from Bankruptcy, Focuses on Debt Reduction

SUGAR LAND--April 5, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The world's largest private-sector coal company has emerged from Chapter 11 protection after declaring bankruptcy roughly a year ago. But what this means for Peabody Energy Corporation's (NYSE:BTU) (St. Louis, Missouri) capital spending plans has yet to be determined. Industrial Info is tracking 10 active Peabody projects worth $662 million, with the lion's share of them in Australia.

Within this article: Peabody Energy Corporation's capital spending forecast for 2017.