"We have, over the last 15 years, moved the vast majority of our
production and developed our operations to where we have reduced the
intensity of our unionization and we would continue on that path.
"

-- Gregory H. Boyce, Peabody Energy President and Chief Executive Elect
October 2005
Peabody Energy Fact Sheet

Sales :
239.9 million tons of coal in 2005.  Reserves:  9.77 billion tons at the end of 2005.  

Peabody Energy is the largest private sector coal company in the world in terms of production and reserves.

Revenue:
$4.6 billion in 2005.  Up from $3.6 billion for 2004 – an increase of 28 percent.

Net Income: $422.65 million for 2005.  Up from $175.39 million in 2004 – an increase of 141 percent.  

Stock Price: Close on July 31 2006: $49.89  Stock has increased over 260 percent over the last two years.

Employees: 8,300 total employees at end of  2005.  Unions represent approximately 39 percent of Peabody’s hourly employees.  
The United Mine Workers of America (UMWA) account for 30 percent, the International Brotherhood of Boilermakers (IBB) account for
6 percent and the Construction, Forestry, Mining and Energy Union (CFMEU) in Australia account for 4 percent.  SINTRACARMIQUIN
and an affiliate of the UNT represent workers at the  Venezuelan mine.

Union Mines: 15 total.  (UMWA: 8, CFMEU: 5, IBB: 1, SINTRACARMIQUIN, UNT: 1)
Arizona (Navajo Nation): Black Mesa, Kayenta.  Colorado: Seneca.  Illinois: Willow Lake (IBB).  Kentucky: Highland.  West Virginia:
Big Mountain, Federal, Harris, Rivers Edge.  Australia: Burton, Eaglefield, North Goonyella, Wilkie Creek, Baralaba.  Venezuela: Paso
Diablo (25.5 percent ownership).  Seneca closed at the end of 2005.  Black Mesa temporarily closed at the end of 2005.

Nonunion Operations: 20 total.  Colorado: Twentymile.  Illinois: Wildcat Hills, Gateway, Riola Complex. Indiana: Air Quality,
Farmersburg, Francisco, Miller Creek, Somerville Central, Somerville Complex, Viking.  Kentucky: Big Run, Dodge Hill, Freedom,
Patriot.  New Mexico: Lee Ranch.  West Virginia: Kanawha Eagle (49% ownership).  Wyoming: Caballo, North Antelope/Rochelle,
Rawhide.

Chief Executive Officer: Greg Boyce became Chief Executive Officer (CEO) on January 1, 2006.  Irl Engelhardt, the previous CEO
continues as the Chairman of the Board of Directors.  

2005 Director Compensation:  Average compensation per director: $92,144.  Compensation to entire board: $1.1 million.

2005 Executive Compensation:  Irl Engelhardt: $4,894,420. Greg Boyce: $3,781,253. Top Five Peabody Officers: $15,818,871.

A miner earning $25.00 an hour and working a 40 hour week would have to work over 94 years with no vacations to earn
Engelhart’s 2005 compensation.

Return on Executive Options Exercised in 2005:
Engelhardt: $28,817,885.  Boyce: $4,139,780.  Top Five Peabody Officers:
$39,265,370

Value of Unexercised Executive Stock Options at the end of 2005: Engelhardt: $81,198,384.  Boyce: $28,924,601.  Top Five
Peabody Officers:  $165,578,085

Sources: Production, Reserves, Revenue, Net income, Employees, Operations – Peabody Energy 2005 SEC form10-K.  Stock Price
– Yahoo Finance.   Chief Executive Officer, 2004 Compensation, Return on Options, Value of Unexercised Options, – Peabody
Energy 2005 SEC Form DEF14A.
Copyright © 2007 United Mine Workers of America
This site is in no way connected with Peabody Energy Corp. or any affiliate of Peabody Energy Corp.
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