Peabody Energy Corporation (NYSE:BTU) is included among The $200 Oil Playbook: 10 Energy Stocks Positioned to Outperform as the Strait Remains Closed.

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Peabody Energy Corporation (NYSE:BTU) is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel.

On March 12, UBS slightly bumped its price target on Peabody Energy Corporation (NYSE:BTU) from $34 to $34.50, while keeping a ‘Neutral’ rating on the shares.

Peabody Energy Corporation (NYSE:BTU) has also received support from the sharp surge in global coal prices amid the tensions in the Middle East. The escalating US-Iran war has choked around a fifth of the global crude oil and LNG supply, significantly pushing up prices. As a result, many countries, especially in Asia, have been forced to consider replacing oil and gas with coal in their energy mix. As of the writing of this piece, coal prices are hovering at just over $137 per ton, up 16% since the end of February.

Following the recent uptick, the share price of Peabody Energy Corporation (NYSE:BTU) has jumped by over 14% since the beginning of 2026.

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