Peabody Energy (BTUUQ) Shares Active After Filing of Monthly Operating Report

October 21, 2016 9:54 AM EDT
Get Alerts BTUUQ Hot Sheet
Trade BTUUQ Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

Peabody Energy (OTCl: BTUUQ) shares are trading strong Friday, up over 22 percent early, after the company disclosed the following late Thursday night:

Item 7.01 Regulation FD Disclosure

As previously disclosed, on April 13, 2016, Peabody Energy Corporation, a Delaware corporation (“Peabody Energy” or the “Company”) and a majority of the Company’s wholly owned domestic subsidiaries, as well as one international subsidiary in Gibraltar (collectively with the Company, the "Debtors"), filed voluntary petitions under Chapter 11 of Title 11 of the U.S. Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Eastern District of Missouri (the “Bankruptcy Court”). The Debtors' Chapter 11 cases (collectively, the "Chapter 11 Cases") are being jointly administered under the caption In re Peabody Energy Corporation, et al., Case No. 16-42529.

On October 20, 2016, the Debtors filed their monthly operating report for the month ended September 30, 2016 (the “Monthly Operating Report”) with the Bankruptcy Court.

(NOTE: The operating report is embedded below.)

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Momentum Movers, Trader Talk

Related Entities


Add Your Comment