| Peabody Energy Corporation, through its subsidiaries, operates as a private sector coal company worldwide. It owns interests in 36 coal operations located in the United States and Australia. The company also markets, brokerages, and trades coal. Its other energy related commercial activities include the development of mine-mouth coal-fueled generating plants, the management of coal reserve and real estate holdings, coalbed methane production, and transportation services, as well as participates in BTU conversion technologies that convert coal into natural gas, liquids, and hydrogen. As of December 31, 2005, the company had approximately 9.8 billion tons of proven and probable coal reserves. Peabody Energy was founded in 1883 and is based in St. Louis, Missouri. |
