Peabody Energy provides Q2 operational outlook

Peabody Energy provided an operational outlook for Q2. For its Seaborne Thermal, volumes are expected to be 4.0 million tons, including 2.6 million export tons. 1.0 million export tons are priced at $243 per ton including the remaining 336 thousand metric tons hedged at $84 per metric ton, and approximately 1.2 million tons of high ash product and 0.4 million tons of Newcastle product are unpriced. Costs are expected to be $50-$55 per ton. For Seaborne Metallurgical, Seaborne met volumes are expected to be 1.7 million tons. 0.5 million tons are priced at $244 per ton. The remaining unpriced volumes are expected to achieve 75 to 80 percent of the premium hard coking coal price index. Costs are expected to be $135-$145 per ton. For U.S. Thermal, PRB volume is expected to be approximately 21 million tons at an average price of $13.70 per ton and cost of approximately $12.00 per ton. Other U.S. Thermal volume is expected to be approximately 4.3 million tons at an average price of $52.50 per ton and cost of approximately $41 per ton.