Peabody Energy Rings NYSE Closing Bell, Celebrating 125th Anniversary
May 29 2008 - 8:00AM
PR Newswire (US)
ST. LOUIS, May 29 /PRNewswire-FirstCall/ -- Peabody Energy today
will ring The Closing Bell(R) at the New York Stock Exchange (NYSE)
in celebration of Peabody's 125th anniversary. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080529/AQTH031) "Today, we
celebrate a major milestone and mark the beginning of the next 125
years for the world's largest coal company," says Peabody Chairman
and Chief Executive Officer Gregory H. Boyce. "In an energy-short
world, coal is the fuel of the future, and global coal demand is
slated to accelerate to fuel fast-growing economies. Peabody is
very well positioned to continue its extraordinary record of value
creation." Peabody began trading on the NYSE following its May 21,
2001 initial public offering (IPO). A $1,000 investment at the IPO
would be worth more than $12,500 today, including reinvested cash
dividends. A recent Fortune 500 listing ranks BTU number 12 among
all 500 companies for the best five-year total shareholder return.
Peabody trades under the ticker symbol BTU -- appropriate for a
company with 185 quadrillion Btus of energy in its 9.3 billion tons
of coal reserves. That's more energy than the entire proven natural
gas reserves or proven oil reserves in the continental United
States, for instance. Peabody Energy is the world's largest
private-sector coal company, with 2007 sales of 238 million tons
and $4.6 billion in revenues. Its coal products fuel approximately
10 percent of all U.S. electricity generation and 2 percent of
worldwide electricity. CONTACT: Vic Svec (314) 342-7768
http://www.newscom.com/cgi-bin/prnh/20080529/AQTH031 DATASOURCE:
Peabody Energy CONTACT: Vic Svec, +1-314-342-7768, for Peabody
Energy Web site: http://www.peabodyenergy.com/
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