| Peabody Energy is engaged in the mining of thermal coal for sale primarily to electric utilities and metallurgical coal for sale to industrial customers. Co.'s mining operations are located in the United States and Australia. Co. has a 50% equity interest in Middlemount Coal Pty Ltd., which owns the Middlemount Mine in Queensland, Australia. In addition to its mining operations, Co. markets and brokers coal from other coal producers, both as principal and agent, and trades coal and freight-related contracts through trading and business offices in the United States, Australia , China and the United Kingdom. We show 19 historical shares outstanding datapoints in our BTU shares outstanding history coverage, used to compute BTU market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BTU market cap history over the course of time is important for investors
interested in comparing BTU's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BTU versus a peer is one thing; comparing
BTU market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BTU can fluctuate over the course of history.
With this page we aim to empower investors researching BTU by allowing them to research the BTU market cap history.