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Peabody cash control earns it rerating

Peabody Energy (US:BTU) will start to return cash to shareholders next year, according to Jefferies, which has upped its share price target accordingly.

Peabody cash control earns it rerating Peabody cash control earns it rerating Peabody cash control earns it rerating Peabody cash control earns it rerating Peabody cash control earns it rerating

Peabody has come out of chapter 11 managing to hang onto its net operating losses

The coal miner, which has helped the Donald Trump government write its energy policy, looks set to go from net debt of US$219 million this year to a cash position of $441 million by the end of...