Latest Cloud Peak Energy Inc (CLD) Headlines
Train Delays and Weather Lend this Industry a Hand
Reuben Brewer, The Motley Fool - Motley Fool - Thu Mar 13, 11:38AM CDT
Over the past couple of years there's been too much coal sitting unused at utilities. The combination of bad weather and delivery delays because of rail congestion has changed that dynamic. Now utilities are complaining that they can't get enough...
Cloud Peak (CLD) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 6:49AM CDT
Cloud Peak (CLD) Enters Overbought Territory
Why Doesn't Cloud Peak Energy Inc Pay a Dividend?
Jay Yao, The Motley Fool - Motley Fool - Tue Mar 11, 9:24AM CDT
It's been dark days for the coal sector lately. China, which accounts for roughly half of all coal demand, has seen its economy slow significantly. The Environmental Protection Agency, through stringent regulations, has basically decreed that no new...
Cloud Peak Energy Announces Successful Results of the Tender Offer for Its Outstanding 8.250% Senior Notes Due 2017
Business Wire - Mon Mar 10, 6:02PM CDT
Cloud Peak Energy Inc. (NYSE: CLD) today announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company") had received, as of 5:00 p.m., New York City time, today (the "Consent Expiration"), tenders and consents from the holders of approximately $278.4 million in aggregate principal amount, or approximately 92.81%, of the outstanding 8.250% Senior Notes due 2017 (the "Notes") of the Company and its wholly-owned subsidiary Cloud Peak Energy Finance Corp. (together with the Company, the "Issuers") in connection with its previously announced cash tender offer (the "Offer") to purchase any and all of the Notes and the related solicitation of consents ("Consent Solicitation") to proposed amendments that would shorten to three business days the minimum notice period for optional redemptions of the Notes and would eliminate substantially all of the restrictive covenants and certain events of default provisions contained in the indenture governing the Notes (the "Indenture"). The Company has entered into a supplemental indenture to the Indenture that makes the proposed amendments effective, and the amendments will become operative when the Company has purchased the Notes tendered in the Offer.
Cloud Peak Energy Executive to Speak at the Howard Weil Annual Energy Conference
Business Wire - Thu Mar 06, 3:10PM CST
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, today announced that Colin Marshall, Cloud Peak Energy's President and Chief Executive Officer, will speak at the Howard Weil Annual Energy Conference at 8:50 a.m. (CT) on Wednesday, March 26, 2014 in New Orleans, Louisiana.
Jettisoning a Struggling Business Can Be Tough
Reuben Brewer, The Motley Fool - Motley Fool - Tue Mar 04, 9:20AM CST
Arch Coal has been bleeding red ink for over a year. It's cutting back and keeping costs low, trying to ensure it can survive the coal market's dark days. It just announced plans to sell its ADDCAR mining equipment business, which will not only...
Cloud Peak Energy Funds Endowed Scholarship at Montana Tech
Business Wire - Fri Feb 28, 2:47PM CST
Cloud Peak Energy recently presented a donation for $20,000 to Montana Tech of the University of Montana as part of an ongoing partnership with the school. Since 2012, Cloud Peak Energy has contributed $60,000 to Montana Tech through the Cloud Peak Energy Endowed Scholarship. The scholarship, a commitment by Cloud Peak Energy for five years, has fostered a great recruiting relationship while making a positive impact on higher education in the state of Montana.
Cloud Peak Energy prices USD200m senior unsecured notes in public offering
M2 - Fri Feb 28, 6:20AM CST
Coal producer Cloud Peak Energy (NYSE:CLD) stated on Thursday that it has priced its offering of USD200m aggregate principal amount of senior unsecured notes due 2024.
Cloud Peak Energy Prices Public Offering of $200 Million of Senior Unsecured Notes
Business Wire - Thu Feb 27, 12:27PM CST
Cloud Peak Energy Inc. (NYSE: CLD) ("CPE Inc.") announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company"), together with Cloud Peak Energy Finance Corp., a wholly-owned direct subsidiary of the Company (the "Co-Issuer") have priced an offering of $200 million aggregate principal amount of senior unsecured notes due 2024 (the "Senior Unsecured Notes"). The Senior Unsecured Notes will be issued at a public offering price of 100% of par, plus accrued interest, if any, from March 11, 2014, resulting in a yield to maturity of 6.375%. The Senior Unsecured Notes will be guaranteed by CPE Inc. and all of its existing and future domestic restricted subsidiaries (other than the Co-Issuer) that guarantee the Company's debt under its credit agreement.
Cloud Peak Energy Resources Commences Cash Tender Offer for Any and All of Its Outstanding 8.250% Senior Notes Due 2017
Business Wire - Tue Feb 25, 3:24PM CST
Cloud Peak Energy Inc. (NYSE: CLD) announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company") has commenced a cash tender offer (the "Offer") to purchase any and all of its outstanding $300,000,000 aggregate principal amount of 8.250% senior notes due 2017 (the "2017 Notes"). In connection with the Offer, the Company is soliciting consents ("Consent Solicitation") to proposed amendments that would shorten to three business days the minimum notice period for optional redemptions of the 2017 Notes and would eliminate substantially all of the restrictive covenants and certain events of default provisions applicable to the 2017 Notes that are contained in the indenture governing the 2017 Notes (the "Indenture").
Cloud Peak Energy Inc. Announces Public Offering of $200 Million of Senior Unsecured Notes
Business Wire - Tue Feb 25, 3:24PM CST
Cloud Peak Energy Inc. (NYSE: CLD) ("CPE Inc.") announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company"), together with Cloud Peak Energy Finance Corp., a wholly-owned direct subsidiary of the Company (the "Co-Issuer"), intend, subject to market conditions, to publicly offer $200 million aggregate principal amount of senior unsecured notes due 2024 (the "Senior Unsecured Notes"). The Senior Unsecured Notes will be guaranteed by CPE Inc. and all of the Company's existing and future domestic restricted subsidiaries (other than the Co-issuer) that guarantee the Company's debt under its credit agreement.
The East Coast is Treating Coal Much Better than the West
Reuben Brewer, The Motley Fool - Motley Fool - Tue Feb 25, 8:34AM CST
Although coal exports in 2013 weren't nearly as robust as U.S. coal miners may have hoped, that hasn't dampened their hopes for the future. Unfortunately, new ports on the West Coast are facing stiff opposition. The East Coast appears to be having...
Bad News for West Coast Coal Exports
Reuben Brewer, The Motley Fool - Motley Fool - Mon Feb 24, 11:20AM CST
U.S. coal miners like Arch Coal , Alpha Natural Resources , and Cloud Peak Energy are hoping to grow their export sales. But regulators in Washington state appear to be taking a dim view of the port projects that are required to keep exports...
Cloud Peak Energy Inc. Announces Closing of New $500 Million Revolving Credit Facility
Business Wire - Fri Feb 21, 3:10PM CST
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, today announced that it has completed its refinancing of its $500 million revolving credit facility. Michael Barrett, Executive Vice President and Chief Financial Officer, commented, "We are pleased to have extended the tenure of our credit facility and relaxed certain covenants, resulting in increased available capacity under the revolver. Had the new borrowing facility been in place at year end our total available liquidity would have been approximately $843 million."
Downgrade Alert for Cloud Peak Energy (CLD)
Comtex SmarTrend(R) - Wed Feb 19, 7:10AM CST
Cloud Peak Energy (NYSE:CLD) was downgraded from Outperform to Sector Perform at Iberia today. The stock closed yesterday at $18.15 on volume of 1.8 million shares, above average daily volume of 1.0 million. In the past 52 weeks, Cloud Peak Energy share prices have been bracketed by a low of $14.25 and a high of $20.30 and closed yesterday at $18.15, 27% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.
Why Are Montana and Wyoming So Desirable?
Reuben Brewer, The Motley Fool - Motley Fool - Tue Feb 18, 9:54AM CST
All coal isn't created equal, and some areas of coal country are better positioned to prosper than others. The Energy Information Administration (EIA) recently signaled that Powder River Basin (PRB) coal was likely to see increased demand this year....
Renewable Power Won't Unseat Dirty Fuels
Reuben Brewer, The Motley Fool - Motley Fool - Tue Feb 18, 9:46AM CST
The West Coast is in the middle of a dry spell that will have big implications for its power markets. The drought shows exactly why renewable power will have such a hard time replacing controllable, but dirty, energy sources. An oldie with issues ...
Cloud Peak Beats Q4 Earnings Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 14, 11:20AM CST
In fourth-quarter 2013, Cloud Peak Energy's earnings per share beat the Zacks Consensus Estimate but revenues missed the mark.
The World's Largest Coal Exporter is Changing its Tune
Reuben Brewer, The Motley Fool - Motley Fool - Fri Feb 14, 10:36AM CST
The Indonesian government is looking to cut coal output by 5% this year from the 421 million tons mined in 2013. That's good news for the broader coal market, since it will help reduce the oversupply situation keeping prices low. Look for Peabody...
Cloud Peak Energy Inc. Announces Results for Fourth Quarter and Full Year 2013
Business Wire - Thu Feb 13, 3:10PM CST
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, today announced results for the fourth quarter and full year 2013.
Train Delays and Weather Lend this Industry a Hand
Reuben Brewer, The Motley Fool - Motley Fool - Thu Mar 13, 11:38AM CDT
Over the past couple of years there's been too much coal sitting unused at utilities. The combination of bad weather and delivery delays because of rail congestion has changed that dynamic. Now utilities are complaining that they can't get enough...
Cloud Peak (CLD) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 6:49AM CDT
Cloud Peak (CLD) Enters Overbought Territory
Why Doesn't Cloud Peak Energy Inc Pay a Dividend?
Jay Yao, The Motley Fool - Motley Fool - Tue Mar 11, 9:24AM CDT
It's been dark days for the coal sector lately. China, which accounts for roughly half of all coal demand, has seen its economy slow significantly. The Environmental Protection Agency, through stringent regulations, has basically decreed that no new...
Cloud Peak Energy Announces Successful Results of the Tender Offer for Its Outstanding 8.250% Senior Notes Due 2017
Business Wire - Mon Mar 10, 6:02PM CDT
Cloud Peak Energy Inc. (NYSE: CLD) today announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company") had received, as of 5:00 p.m., New York City time, today (the "Consent Expiration"), tenders and consents from the holders of approximately $278.4 million in aggregate principal amount, or approximately 92.81%, of the outstanding 8.250% Senior Notes due 2017 (the "Notes") of the Company and its wholly-owned subsidiary Cloud Peak Energy Finance Corp. (together with the Company, the "Issuers") in connection with its previously announced cash tender offer (the "Offer") to purchase any and all of the Notes and the related solicitation of consents ("Consent Solicitation") to proposed amendments that would shorten to three business days the minimum notice period for optional redemptions of the Notes and would eliminate substantially all of the restrictive covenants and certain events of default provisions contained in the indenture governing the Notes (the "Indenture"). The Company has entered into a supplemental indenture to the Indenture that makes the proposed amendments effective, and the amendments will become operative when the Company has purchased the Notes tendered in the Offer.
Cloud Peak Energy Executive to Speak at the Howard Weil Annual Energy Conference
Business Wire - Thu Mar 06, 3:10PM CST
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, today announced that Colin Marshall, Cloud Peak Energy's President and Chief Executive Officer, will speak at the Howard Weil Annual Energy Conference at 8:50 a.m. (CT) on Wednesday, March 26, 2014 in New Orleans, Louisiana.
Jettisoning a Struggling Business Can Be Tough
Reuben Brewer, The Motley Fool - Motley Fool - Tue Mar 04, 9:20AM CST
Arch Coal has been bleeding red ink for over a year. It's cutting back and keeping costs low, trying to ensure it can survive the coal market's dark days. It just announced plans to sell its ADDCAR mining equipment business, which will not only...
Cloud Peak Energy Funds Endowed Scholarship at Montana Tech
Business Wire - Fri Feb 28, 2:47PM CST
Cloud Peak Energy recently presented a donation for $20,000 to Montana Tech of the University of Montana as part of an ongoing partnership with the school. Since 2012, Cloud Peak Energy has contributed $60,000 to Montana Tech through the Cloud Peak Energy Endowed Scholarship. The scholarship, a commitment by Cloud Peak Energy for five years, has fostered a great recruiting relationship while making a positive impact on higher education in the state of Montana.
Cloud Peak Energy prices USD200m senior unsecured notes in public offering
M2 - Fri Feb 28, 6:20AM CST
Coal producer Cloud Peak Energy (NYSE:CLD) stated on Thursday that it has priced its offering of USD200m aggregate principal amount of senior unsecured notes due 2024.
Cloud Peak Energy Prices Public Offering of $200 Million of Senior Unsecured Notes
Business Wire - Thu Feb 27, 12:27PM CST
Cloud Peak Energy Inc. (NYSE: CLD) ("CPE Inc.") announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company"), together with Cloud Peak Energy Finance Corp., a wholly-owned direct subsidiary of the Company (the "Co-Issuer") have priced an offering of $200 million aggregate principal amount of senior unsecured notes due 2024 (the "Senior Unsecured Notes"). The Senior Unsecured Notes will be issued at a public offering price of 100% of par, plus accrued interest, if any, from March 11, 2014, resulting in a yield to maturity of 6.375%. The Senior Unsecured Notes will be guaranteed by CPE Inc. and all of its existing and future domestic restricted subsidiaries (other than the Co-Issuer) that guarantee the Company's debt under its credit agreement.
Cloud Peak Energy Resources Commences Cash Tender Offer for Any and All of Its Outstanding 8.250% Senior Notes Due 2017
Business Wire - Tue Feb 25, 3:24PM CST
Cloud Peak Energy Inc. (NYSE: CLD) announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company") has commenced a cash tender offer (the "Offer") to purchase any and all of its outstanding $300,000,000 aggregate principal amount of 8.250% senior notes due 2017 (the "2017 Notes"). In connection with the Offer, the Company is soliciting consents ("Consent Solicitation") to proposed amendments that would shorten to three business days the minimum notice period for optional redemptions of the 2017 Notes and would eliminate substantially all of the restrictive covenants and certain events of default provisions applicable to the 2017 Notes that are contained in the indenture governing the 2017 Notes (the "Indenture").
Cloud Peak Energy Inc. Announces Public Offering of $200 Million of Senior Unsecured Notes
Business Wire - Tue Feb 25, 3:24PM CST
Cloud Peak Energy Inc. (NYSE: CLD) ("CPE Inc.") announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the "Company"), together with Cloud Peak Energy Finance Corp., a wholly-owned direct subsidiary of the Company (the "Co-Issuer"), intend, subject to market conditions, to publicly offer $200 million aggregate principal amount of senior unsecured notes due 2024 (the "Senior Unsecured Notes"). The Senior Unsecured Notes will be guaranteed by CPE Inc. and all of the Company's existing and future domestic restricted subsidiaries (other than the Co-issuer) that guarantee the Company's debt under its credit agreement.
The East Coast is Treating Coal Much Better than the West
Reuben Brewer, The Motley Fool - Motley Fool - Tue Feb 25, 8:34AM CST
Although coal exports in 2013 weren't nearly as robust as U.S. coal miners may have hoped, that hasn't dampened their hopes for the future. Unfortunately, new ports on the West Coast are facing stiff opposition. The East Coast appears to be having...
Bad News for West Coast Coal Exports
Reuben Brewer, The Motley Fool - Motley Fool - Mon Feb 24, 11:20AM CST
U.S. coal miners like Arch Coal , Alpha Natural Resources , and Cloud Peak Energy are hoping to grow their export sales. But regulators in Washington state appear to be taking a dim view of the port projects that are required to keep exports...
Cloud Peak Energy Inc. Announces Closing of New $500 Million Revolving Credit Facility
Business Wire - Fri Feb 21, 3:10PM CST
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, today announced that it has completed its refinancing of its $500 million revolving credit facility. Michael Barrett, Executive Vice President and Chief Financial Officer, commented, "We are pleased to have extended the tenure of our credit facility and relaxed certain covenants, resulting in increased available capacity under the revolver. Had the new borrowing facility been in place at year end our total available liquidity would have been approximately $843 million."
Downgrade Alert for Cloud Peak Energy (CLD)
Comtex SmarTrend(R) - Wed Feb 19, 7:10AM CST
Cloud Peak Energy (NYSE:CLD) was downgraded from Outperform to Sector Perform at Iberia today. The stock closed yesterday at $18.15 on volume of 1.8 million shares, above average daily volume of 1.0 million. In the past 52 weeks, Cloud Peak Energy share prices have been bracketed by a low of $14.25 and a high of $20.30 and closed yesterday at $18.15, 27% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.
Why Are Montana and Wyoming So Desirable?
Reuben Brewer, The Motley Fool - Motley Fool - Tue Feb 18, 9:54AM CST
All coal isn't created equal, and some areas of coal country are better positioned to prosper than others. The Energy Information Administration (EIA) recently signaled that Powder River Basin (PRB) coal was likely to see increased demand this year....
Renewable Power Won't Unseat Dirty Fuels
Reuben Brewer, The Motley Fool - Motley Fool - Tue Feb 18, 9:46AM CST
The West Coast is in the middle of a dry spell that will have big implications for its power markets. The drought shows exactly why renewable power will have such a hard time replacing controllable, but dirty, energy sources. An oldie with issues ...
Cloud Peak Beats Q4 Earnings Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 14, 11:20AM CST
In fourth-quarter 2013, Cloud Peak Energy's earnings per share beat the Zacks Consensus Estimate but revenues missed the mark.
The World's Largest Coal Exporter is Changing its Tune
Reuben Brewer, The Motley Fool - Motley Fool - Fri Feb 14, 10:36AM CST
The Indonesian government is looking to cut coal output by 5% this year from the 421 million tons mined in 2013. That's good news for the broader coal market, since it will help reduce the oversupply situation keeping prices low. Look for Peabody...
Cloud Peak Energy Inc. Announces Results for Fourth Quarter and Full Year 2013
Business Wire - Thu Feb 13, 3:10PM CST
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, today announced results for the fourth quarter and full year 2013.
