Bloomberg BusinessWeek Ranks Peabody Energy Among 50 Best Performing Companies

Published on Wednesday, 07 July 2010 13:17 Written by TradersHuddle Staff

ST. LOUIS, July 7 /PRNewswire-FirstCall/ -- Bloomberg BusinessWeek has named Peabody Energy (NYSE: BTU) to its "50 Top Performers" list, an annual ranking of the 50 best-performing companies in the Standard & Poor's (S&P) 500 Index based on five-year total shareholder return.

According to the magazine, Peabody returned 116.6 percent to shareholders from March 31, 2005 to March 31, 2010, nearly 12 times that of the S&P 500. Peabody's performance places the company among the top 10 percent of the S&P and demonstrates exceptional performance both in "good times" and periods of "tremendous economic turbulence," writes BusinessWeek.

"Peabody's superior results reflect the strength of our global platform and world-class team," said Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce. "This honor is a testament to new directions, new investments and a new way of doing business. We have built an energy portfolio with unmatched geographic reach, including the leading position in the lowest-cost U.S. regions and a growing presence in Australia and Asia.

BusinessWeek also lauded Peabody for its leadership in clean coal solutions, noting the company's participation as the only non-Chinese equity partner in GreenGen, China's centerpiece carbon initiative.  

Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2009 sales of 244 million tons and $6 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity. Peabody: energizing the world, one Btu at a time.

SOURCE Peabody Energy