Barclays 2012 CEO Energy/Power Conference - Peabody Energy

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Peabody U.S. Platform: Continued Focuson Success at Low End of Cost Curve● Current-year U.S. position fully priced since late 2011– 70% – 75% priced for 2013 based on 2012 production levels● Continued operational focus on cost containment:reducing overtime, use of contractors,discretionary spending● Closure of Air Quality Mine in Q3 2012– 1.2 MTPY of sales; among Peabody‟s highest-cost U.S. mines● Lowering 2013 capital for Twentymile Sage Creek andGateway North extensions while matching new volumeswith current production profileUnpriced position as of June 30, 2012. Air Quality sales based on 2011 reported sales volumes.22
U.S. Exports Bright Spot forMarket and Peabody GrowthTons in Millions● Peabody exporting PRB,Illinois Basin and Coloradocoals through Canada, Gulfand East coasts– Targeting 10 million tons of2012 exports following~6 million tons in 2011● 38% ownership of DTATerminal on East Coast● Secured long-term capacitywith Kinder Morgan for coalexports through Gulf● Advancing West Coastexport capacity throughCherry Point project180160140120100806040200Projected U.S. Industry Exports59161123110881128120101134150 – 17034 - 4442 - 4762 65 65 -702007 2011 2012P 2017PEast Coast Gulf Coast West Coast Other8West Coast includes land and seaborne exports.Sources: National Mining Association, Energy Information Administration and Peabody Global Analytics.23
Page 1: Barclays EnergyConferenceGregory H.
Page 5 and 6: Global CoalMarkets5
Page 8 and 9: Annual World Coal Demand Expected t
Page 10 and 11: China Demand Expected to Grow~1.0 B
Page 12 and 13: Global Seaborne Supply: Australia a
Page 14 and 15: U.S. Markets: Rising Gas Prices and
Page 16 and 17: Significant Demand Shift TowardPRB
Page 18 and 19: Peabody’sGlobalPlatform
Page 20 and 21: Peabody Delivering Strong ResultsAm
Page 24 and 25: Peabody’s Australia Platform Expa
Page 26 and 27: Peabody Advancing Late-StageProject
Page 28 and 29: Acquisition IntegrationRemains on T
Page 30 and 31: Acquisition SignificantlyStrengthen
Page 32 and 33: Peabody Positioned for Success inAl
Page 34: Appendix:Reconciliation of Non-GAAP

Barclays 2012 CEO Energy/Power Conference - Peabody Energy

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