Peabody Energy Corporation reported a net loss attributable to common stockholders of $70.1 million, or $0.58 per diluted share, for the third quarter of 2025, compared to net income of $101.3 million, or $0.74 per diluted share, in the same period of the previous year. Adjusted EBITDA for the quarter was $99.5 million, down from $224.8 million in the prior-year quarter. Peabody's revenues for the third quarter increased by 14 percent over the second quarter, driven by higher Powder River Basin shipments and increased seaborne thermal coal volumes. Metallurgical coal costs reached their lowest level in multiple years. Operating cash flow for the quarter was $122 million, with cash on hand at $603.3 million and total liquidity exceeding $950 million as of September 30, 2025. The company has invested over $680 million in the expansion of the Centurion Mine, which is set to begin longwall operations in February 2026. The Bear Run Mine experienced a five-week dragline outage during the quarter, which has since been resolved, and the planned longwall move at Twentymile was completed with operations resuming in late October. Stockholders' equity as of September 30, 2025, was $3,583.7 million.