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Peabody Energy Corporation (BTU): A Bull Case Theory

We came across a bullish thesis on Peabody Energy Corporation (BTU) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on BTU. Peabody Energy Corporation (BTU)'s share was trading at $14.94 as of Feb 24th. BTU’s trailing P/E was 5.47 according to Yahoo Finance.

[caption id="attachment_1212580" align="aligncenter" width="768"] A coal-loading terminal with trucks lined up to be loaded.[/caption]

Peabody Energy’s selloff following earnings reflects weak coking coal prices and skepticism toward its latest acquisition. The market, which...