Peabody Energy Takes Hit from Lower Coal Prices in Third-Quarter 2013, but Expects Global Growth in Coal Demand

SUGAR LAND--October 18, 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, saw a sharp improvement in the global coal markets in the third quarter of 2013. Still, the company's overall results declined from the same period last year as weaker coal prices offset companywide cost reductions and significantly stronger volumes in Australia. Industrial Info is tracking more than $1.15 billion in projects involving Peabody.