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A private-sector coal company which conducts its business through four principal operating segments: Western U.S. Mining, Eastern U.S. Mining, Australian Mining, and Trading and Brokerage.
No doubt coal and related companies have taken a beating over the last few cycles. This can be attributable to a wide variety of factors. These losses appear to be decelerating for the sector as a whole. Peabody possesses a strong balance sheet relative to the competition and I believe it to undervalued. Look for a modest recovery by mid-august.
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