Westmoreland Coal Company (WLB) 30.85 $WLB
Westmoreland prices offering of USD350m senior secured notes
M2 - Wed Dec 10, 6:06AM CST
Coal company Westmoreland Coal Company (NasdaqGM:WLB) said on Tuesday that it has priced its private offering of USD350m principal amount of 8.75% senior secured notes due 2022.
WLB: 30.85 (-0.93)
Westmoreland Coal +9% after refinancing debt in difficult market
Seeking Alpha - at Seeking Alpha - Tue Dec 09, 1:48PM CST
WLB: 30.85 (-0.93), OXF: 1.00 (unch)
Westmoreland Announces Partnership with Trafigura for Marketing of Export Coal from Coal Valley Mine
Business Wire - Tue Dec 09, 11:49AM CST
Westmoreland Coal Company (NasdaqGM:WLB, "Westmoreland"
announced today that it has entered into a Coal Services Agreement with Trafigura AG under which Trafigura will exclusively market certain tons of export thermal coal from Westmoreland's Coal Valley Mine in Alberta, Canada.
WLB: 30.85 (-0.93)
Westmoreland Announces Pricing of $350 Million Offering of 8.75% Senior Secured Notes Due 2022
Business Wire - Tue Dec 09, 6:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB) ("Westmoreland" announced that on December 8, 2014 it priced a private offering of approximately $350 million principal amount of 8.75% Senior Secured Notes due 2022 (the "Notes" . Westmoreland intends to use the proceeds from the Notes offering, together with proceeds from its previously announced Senior Secured Term Loan due 2020 and cash on hand, to fund the consideration payable in connection with its previously announced tender offer and consent solicitation for its outstanding 10.75% Senior Secured Notes due 2018. The Notes offering is expected to close on December 16, 2014, subject to customary closing conditions.
WLB: 30.85 (-0.93)
Westmoreland Declares Dividend on Preferred Stock
Business Wire - Fri Dec 05, 10:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB) today announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on January 1, 2015 to holders of record as of December 19, 2014. Each depositary share represents one-quarter of a share of the Company's Series A Convertible Exchangeable Preferred Stock.
WLB: 30.85 (-0.93)
Westmoreland updates early results of 10.75% senior secured notes due 2018 tender offer
M2 - Wed Dec 03, 7:08AM CST
Coal company Westmoreland Coal Company (NasdaqGM:WLB) on Tuesday provided an update of the early results for its tender offer and related consent solicitation for its 10.75% senior secured notes due 2018.
WLB: 30.85 (-0.93)
Westmoreland Announces Early Results of Tender Offer and Consent Solicitation
Business Wire - Tue Dec 02, 4:15PM CST
Westmoreland Coal Company (NasdaqGM: WLB, "Westmoreland" announced today early results for its previously announced tender offer and related consent solicitation commenced on November 17, 2014 for its 10.75% Senior Secured Notes due 2018 (CUSIP 960887AB3) (the "Notes" . An aggregate of $664,002,000 principal amount of Notes, representing 98.30% of the Notes outstanding, has been tendered as of 5:00 p.m., New York City time, on December 1, 2014. Accordingly, the requisite consents to approve the proposed amendments pursuant to the consent solicitation have been obtained.
WLB: 30.85 (-0.93)
Coal: A Casualty Of War Or Creative Destruction?
Lawrence J. Furman - at Seeking Alpha - Tue Dec 02, 12:12PM CST
ARLP: 41.81 (-1.65), NRP: 9.22 (-0.37), CNX: 34.33 (-0.98), BTU: 7.37 (-0.04), RNO: 2.31 (+0.01), ACI: 1.61 (-0.13), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), CLD: 9.12 (+0.02), ANR: 1.52 (-0.10), OXF: 1.00 (unch)
Westmoreland Announces Intention to Raise $400 Million of Senior Secured Notes due 2021
Business Wire - Mon Nov 24, 6:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB, "Westmoreland" announced today that it intends to offer, subject to market conditions, approximately $400 million in principal amount of Senior Secured Notes expected to mature in 2021 (the "Notes" . Westmoreland made the announcement in connection with its marketing efforts for a Senior Secured Term Loan due 2020 (the "Term Loan" . The Notes will be offered in a private placement to eligible purchasers. Westmoreland intends to use the proceeds from such offering, together with proceeds from the contemplated Term Loan and cash on hand to fund the consideration payable in connection with Westmoreland's previously announced tender offer and consent solicitation for its outstanding 10.75% Senior Secured Notes due 2018. The consummation of the private placement of the Notes will be subject to market and other conditions.
WLB: 30.85 (-0.93)
Ethanol makers cheer as EPA punts on renewable fuel mandate decision
Seeking Alpha - at Seeking Alpha - Fri Nov 21, 5:45PM CST
RGSE: 0.60 (+0.02), ARLP: 41.81 (-1.65), AMRS: 2.26 (-0.13), CNX: 34.33 (-0.98), JASO: 8.51 (-0.38), PVG: 5.99 (-0.07), REGI: 9.16 (-0.15), VLO: 46.27 (-0.54), ERX: 49.09 (-2.86), DQ: 24.70 (+0.17), SCTY: 50.02 (-0.89), DK: 27.09 (-0.07), PSX: 65.68 (-1.14), YGE: 2.27 (-0.03), PBF: 27.36 (-0.22), REX: 58.45 (-0.26), ASTI: 1.20 (-0.03), HSOL: 1.38 (unch), WLT: 1.80 (-0.21), CLD: 9.12 (+0.02), NRP: 9.22 (-0.37), EMKR: 5.24 (+0.18), FSLR: 42.12 (-0.92), ADM: 49.85 (-1.05), WLB: 30.85 (-0.93), OXF: 1.00 (unch), SZYM: 2.25 (-0.09), OIH: 34.17 (-0.83), HFC: 37.33 (-0.46), SPWR: 23.06 (-0.41), GEVO: 0.31 (+0.01), CSIQ: 23.01 (-0.68), AHGP: 59.00 (-2.33), ACI: 1.61 (-0.13), GPRE: 21.54 (-0.42), ALJ: 12.46 (+0.03), FF: 11.89 (-0.49), MEOH: 44.07 (-2.31), XLE: 74.02 (-1.40), VDE: 105.54 (-2.16), SCOK: 2.96 (unch), CDTI: 1.91 (-0.09), TSL: 8.82 (-0.30), WNR: 37.02 (-0.85), PVA: 4.84 (-0.04), ANR: 1.52 (-0.10), JKS: 19.59 (-0.69), YZC: 8.09 (-0.19), SOL: 1.33 (-0.07), CSUN: 1.28 (+0.03), BTU: 7.37 (-0.04), ALDW: 12.50 (-0.57), TSO: 74.41 (+0.14), MPC: 83.20 (-0.68), SUNE: 18.55 (-0.47), NTI: 22.49 (-0.45), ANDE: 50.47 (-1.99)
Westmoreland Announces Credit Rating Upgrade from Moody's and S&P
Business Wire - Fri Nov 21, 12:14PM CST
Westmoreland Coal Company (NasdaqGM:WLB) announced that both Moody's Investors Service, Inc. and Standard & Poor's Ratings Services have upgraded Westmoreland's corporate rating.
WLB: 30.85 (-0.93)
Report: EPA plans to drop 2014 renewable fuel quotas
Seeking Alpha - at Seeking Alpha - Fri Nov 21, 9:28AM CST
RGSE: 0.60 (+0.02), ARLP: 41.81 (-1.65), AMRS: 2.26 (-0.13), CNX: 34.33 (-0.98), JASO: 8.51 (-0.38), KOL: 14.66 (-0.31), PVG: 5.99 (-0.07), VLO: 46.27 (-0.54), REGI: 9.16 (-0.15), DQ: 24.70 (+0.17), SCTY: 50.02 (-0.89), DK: 27.09 (-0.07), PSX: 65.68 (-1.14), YGE: 2.27 (-0.03), PBF: 27.36 (-0.22), REX: 58.45 (-0.26), ASTI: 1.20 (-0.03), HSOL: 1.38 (unch), WLT: 1.80 (-0.21), CLD: 9.12 (+0.02), NRP: 9.22 (-0.37), EMKR: 5.24 (+0.18), FSLR: 42.12 (-0.92), WLB: 30.85 (-0.93), OXF: 1.00 (unch), SZYM: 2.25 (-0.09), HFC: 37.33 (-0.46), SPWR: 23.06 (-0.41), GEVO: 0.31 (+0.01), CSIQ: 23.01 (-0.68), AHGP: 59.00 (-2.33), ACI: 1.61 (-0.13), GPRE: 21.54 (-0.42), PEIX: 10.17 (-0.47), ALJ: 12.46 (+0.03), FF: 11.89 (-0.49), MEOH: 44.07 (-2.31), SCOK: 2.96 (unch), CDTI: 1.91 (-0.09), TSL: 8.82 (-0.30), WNR: 37.02 (-0.85), PVA: 4.84 (-0.04), ANR: 1.52 (-0.10), JKS: 19.59 (-0.69), YZC: 8.09 (-0.19), SOL: 1.33 (-0.07), CSUN: 1.28 (+0.03), FUE: 8.67 (+0.23), BTU: 7.37 (-0.04), ALDW: 12.50 (-0.57), TSO: 74.41 (+0.14), MPC: 83.20 (-0.68), SUNE: 18.55 (-0.47), NTI: 22.49 (-0.45), ANDE: 50.47 (-1.99)
Westmoreland Announces Tender Offer and Consent Solicitation for its 10.75% Senior Secured Notes Due 2018
Business Wire - Mon Nov 17, 4:23PM CST
Westmoreland Coal Company (NasdaqGM: WLB, "Westmoreland" today announced that it has commenced a cash tender offer (the "Offer" to purchase any and all of its outstanding $675,485,000 in aggregate principal amount of 10.75% Senior Secured Notes (CUSIP 960887AB3) due 2018 (the "Notes" . In connection with the Offer, Westmoreland is soliciting consents (the "Consent Solicitation" to proposed amendments that would eliminate most of the restrictive covenants and certain events of default contained in the indenture governing the Notes, as well as release the security for the Notes and eliminate certain events of default relating to the security for the Notes (the "Proposed Amendments" .
WLB: 30.85 (-0.93)
Would You Add Coal to Your Portfolio? - Industry Outlook
Zacks Equity Research - Zacks Investment Research - Fri Nov 14, 3:24AM CST
Would You Add Coal to Your Portfolio? - Industry Outlook
BTU: 7.37 (-0.04), FMC: 55.00 (-0.82), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), ANR: 1.52 (-0.10)
Earnings Look Back: Westmoreland Coal Is Up 18.6% Since Reporting Quarterly Results 2 Weeks Ago (WLB)
Comtex SmarTrend(R) - Mon Nov 10, 7:57AM CST
When Westmoreland Coal (AMEX:WLB) reported earnings two weeks ago on October 23rd, 2014, analysts, on average, expected the company to report a loss of $1.14 on sales of $277.0 million. Westmoreland Coal actually reported a loss of $2.76 per share on sales of $337.8 million, missing EPS estimates by $1.62 and beating revenue estimates by $60.8 million. Shares of Westmoreland Coal have climbed from $33.46 to $39.68, representing a gain of 18.6% since the company reported earnings 18 days ago.
WLB: 30.85 (-0.93)
Westmoreland extends coal supply agreement with FMC
M2 - Thu Nov 06, 4:44AM CST
US independent coal mining operator Westmoreland Coal Company (NYSE:WLB) reported on Wednesday the execution of a coal supply agreement from its Kemmerer Mine.
FMC: 55.00 (-0.82), WLB: 30.85 (-0.93)
Westmoreland and FMC Corporation Ink Long-Term Coal Supply Agreement Extension
Business Wire - Wed Nov 05, 9:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB), through its subsidiary Westmoreland Kemmerer, Inc., today announced the signing of a long-term supply agreement with FMC Corporation (NYSE:FMC) from the Kemmerer Mine for FMC's Westvaco and Granger operations. The new agreement replaces two existing contracts that were set to terminate in 2016 and 2021. The agreements extend the contracts through 2026.
FMC: 55.00 (-0.82), WLB: 30.85 (-0.93)
Westmoreland Coal Is A Unique Opportunity
Nathan Yates - Seeking Alpha - Wed Nov 05, 7:55AM CST
Westmoreland Coal (NASDAQ: WLB ) is an almost forgotten player in a distinctly distressed industry. It's also uniquely positioned with a business model that offers significant benefits in the industry's current environment. Westmoreland's purchase of...
BTU: 7.37 (-0.04), ACI: 1.61 (-0.13), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), ANR: 1.52 (-0.10), OXF: 1.00 (unch)
Oxford Resource Partners, LP Reports Third Quarter 2014 Financial Results
PR Newswire - Thu Oct 30, 6:00AM CDT
Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford" today announced third quarter 2014 financial results.
WLB: 30.85 (-0.93), OXF: 1.00 (unch)
Cliffs Natural gains 17% following Q3 earnings beat
Seeking Alpha - at Seeking Alpha - Tue Oct 28, 11:27AM CDT
CNX: 34.33 (-0.98), BTU: 7.37 (-0.04), ACI: 1.61 (-0.13), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), CLF: 6.74 (-0.20), CLD: 9.12 (+0.02), ANR: 1.52 (-0.10)
Westmoreland prices offering of USD350m senior secured notes
M2 - Wed Dec 10, 6:06AM CST
Coal company Westmoreland Coal Company (NasdaqGM:WLB) said on Tuesday that it has priced its private offering of USD350m principal amount of 8.75% senior secured notes due 2022.
WLB: 30.85 (-0.93)
Westmoreland Coal +9% after refinancing debt in difficult market
Seeking Alpha - at Seeking Alpha - Tue Dec 09, 1:48PM CST
WLB: 30.85 (-0.93), OXF: 1.00 (unch)
Westmoreland Announces Partnership with Trafigura for Marketing of Export Coal from Coal Valley Mine
Business Wire - Tue Dec 09, 11:49AM CST
Westmoreland Coal Company (NasdaqGM:WLB, "Westmoreland"
announced today that it has entered into a Coal Services Agreement with Trafigura AG under which Trafigura will exclusively market certain tons of export thermal coal from Westmoreland's Coal Valley Mine in Alberta, Canada. WLB: 30.85 (-0.93)
Westmoreland Announces Pricing of $350 Million Offering of 8.75% Senior Secured Notes Due 2022
Business Wire - Tue Dec 09, 6:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB) ("Westmoreland"
announced that on December 8, 2014 it priced a private offering of approximately $350 million principal amount of 8.75% Senior Secured Notes due 2022 (the "Notes" . Westmoreland intends to use the proceeds from the Notes offering, together with proceeds from its previously announced Senior Secured Term Loan due 2020 and cash on hand, to fund the consideration payable in connection with its previously announced tender offer and consent solicitation for its outstanding 10.75% Senior Secured Notes due 2018. The Notes offering is expected to close on December 16, 2014, subject to customary closing conditions. WLB: 30.85 (-0.93)
Westmoreland Declares Dividend on Preferred Stock
Business Wire - Fri Dec 05, 10:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB) today announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on January 1, 2015 to holders of record as of December 19, 2014. Each depositary share represents one-quarter of a share of the Company's Series A Convertible Exchangeable Preferred Stock.
WLB: 30.85 (-0.93)
Westmoreland updates early results of 10.75% senior secured notes due 2018 tender offer
M2 - Wed Dec 03, 7:08AM CST
Coal company Westmoreland Coal Company (NasdaqGM:WLB) on Tuesday provided an update of the early results for its tender offer and related consent solicitation for its 10.75% senior secured notes due 2018.
WLB: 30.85 (-0.93)
Westmoreland Announces Early Results of Tender Offer and Consent Solicitation
Business Wire - Tue Dec 02, 4:15PM CST
Westmoreland Coal Company (NasdaqGM: WLB, "Westmoreland"
announced today early results for its previously announced tender offer and related consent solicitation commenced on November 17, 2014 for its 10.75% Senior Secured Notes due 2018 (CUSIP 960887AB3) (the "Notes" . An aggregate of $664,002,000 principal amount of Notes, representing 98.30% of the Notes outstanding, has been tendered as of 5:00 p.m., New York City time, on December 1, 2014. Accordingly, the requisite consents to approve the proposed amendments pursuant to the consent solicitation have been obtained. WLB: 30.85 (-0.93)
Coal: A Casualty Of War Or Creative Destruction?
Lawrence J. Furman - at Seeking Alpha - Tue Dec 02, 12:12PM CST
ARLP: 41.81 (-1.65), NRP: 9.22 (-0.37), CNX: 34.33 (-0.98), BTU: 7.37 (-0.04), RNO: 2.31 (+0.01), ACI: 1.61 (-0.13), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), CLD: 9.12 (+0.02), ANR: 1.52 (-0.10), OXF: 1.00 (unch)
Westmoreland Announces Intention to Raise $400 Million of Senior Secured Notes due 2021
Business Wire - Mon Nov 24, 6:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB, "Westmoreland"
announced today that it intends to offer, subject to market conditions, approximately $400 million in principal amount of Senior Secured Notes expected to mature in 2021 (the "Notes" . Westmoreland made the announcement in connection with its marketing efforts for a Senior Secured Term Loan due 2020 (the "Term Loan" . The Notes will be offered in a private placement to eligible purchasers. Westmoreland intends to use the proceeds from such offering, together with proceeds from the contemplated Term Loan and cash on hand to fund the consideration payable in connection with Westmoreland's previously announced tender offer and consent solicitation for its outstanding 10.75% Senior Secured Notes due 2018. The consummation of the private placement of the Notes will be subject to market and other conditions. WLB: 30.85 (-0.93)
Ethanol makers cheer as EPA punts on renewable fuel mandate decision
Seeking Alpha - at Seeking Alpha - Fri Nov 21, 5:45PM CST
RGSE: 0.60 (+0.02), ARLP: 41.81 (-1.65), AMRS: 2.26 (-0.13), CNX: 34.33 (-0.98), JASO: 8.51 (-0.38), PVG: 5.99 (-0.07), REGI: 9.16 (-0.15), VLO: 46.27 (-0.54), ERX: 49.09 (-2.86), DQ: 24.70 (+0.17), SCTY: 50.02 (-0.89), DK: 27.09 (-0.07), PSX: 65.68 (-1.14), YGE: 2.27 (-0.03), PBF: 27.36 (-0.22), REX: 58.45 (-0.26), ASTI: 1.20 (-0.03), HSOL: 1.38 (unch), WLT: 1.80 (-0.21), CLD: 9.12 (+0.02), NRP: 9.22 (-0.37), EMKR: 5.24 (+0.18), FSLR: 42.12 (-0.92), ADM: 49.85 (-1.05), WLB: 30.85 (-0.93), OXF: 1.00 (unch), SZYM: 2.25 (-0.09), OIH: 34.17 (-0.83), HFC: 37.33 (-0.46), SPWR: 23.06 (-0.41), GEVO: 0.31 (+0.01), CSIQ: 23.01 (-0.68), AHGP: 59.00 (-2.33), ACI: 1.61 (-0.13), GPRE: 21.54 (-0.42), ALJ: 12.46 (+0.03), FF: 11.89 (-0.49), MEOH: 44.07 (-2.31), XLE: 74.02 (-1.40), VDE: 105.54 (-2.16), SCOK: 2.96 (unch), CDTI: 1.91 (-0.09), TSL: 8.82 (-0.30), WNR: 37.02 (-0.85), PVA: 4.84 (-0.04), ANR: 1.52 (-0.10), JKS: 19.59 (-0.69), YZC: 8.09 (-0.19), SOL: 1.33 (-0.07), CSUN: 1.28 (+0.03), BTU: 7.37 (-0.04), ALDW: 12.50 (-0.57), TSO: 74.41 (+0.14), MPC: 83.20 (-0.68), SUNE: 18.55 (-0.47), NTI: 22.49 (-0.45), ANDE: 50.47 (-1.99)
Westmoreland Announces Credit Rating Upgrade from Moody's and S&P
Business Wire - Fri Nov 21, 12:14PM CST
Westmoreland Coal Company (NasdaqGM:WLB) announced that both Moody's Investors Service, Inc. and Standard & Poor's Ratings Services have upgraded Westmoreland's corporate rating.
WLB: 30.85 (-0.93)
Report: EPA plans to drop 2014 renewable fuel quotas
Seeking Alpha - at Seeking Alpha - Fri Nov 21, 9:28AM CST
RGSE: 0.60 (+0.02), ARLP: 41.81 (-1.65), AMRS: 2.26 (-0.13), CNX: 34.33 (-0.98), JASO: 8.51 (-0.38), KOL: 14.66 (-0.31), PVG: 5.99 (-0.07), VLO: 46.27 (-0.54), REGI: 9.16 (-0.15), DQ: 24.70 (+0.17), SCTY: 50.02 (-0.89), DK: 27.09 (-0.07), PSX: 65.68 (-1.14), YGE: 2.27 (-0.03), PBF: 27.36 (-0.22), REX: 58.45 (-0.26), ASTI: 1.20 (-0.03), HSOL: 1.38 (unch), WLT: 1.80 (-0.21), CLD: 9.12 (+0.02), NRP: 9.22 (-0.37), EMKR: 5.24 (+0.18), FSLR: 42.12 (-0.92), WLB: 30.85 (-0.93), OXF: 1.00 (unch), SZYM: 2.25 (-0.09), HFC: 37.33 (-0.46), SPWR: 23.06 (-0.41), GEVO: 0.31 (+0.01), CSIQ: 23.01 (-0.68), AHGP: 59.00 (-2.33), ACI: 1.61 (-0.13), GPRE: 21.54 (-0.42), PEIX: 10.17 (-0.47), ALJ: 12.46 (+0.03), FF: 11.89 (-0.49), MEOH: 44.07 (-2.31), SCOK: 2.96 (unch), CDTI: 1.91 (-0.09), TSL: 8.82 (-0.30), WNR: 37.02 (-0.85), PVA: 4.84 (-0.04), ANR: 1.52 (-0.10), JKS: 19.59 (-0.69), YZC: 8.09 (-0.19), SOL: 1.33 (-0.07), CSUN: 1.28 (+0.03), FUE: 8.67 (+0.23), BTU: 7.37 (-0.04), ALDW: 12.50 (-0.57), TSO: 74.41 (+0.14), MPC: 83.20 (-0.68), SUNE: 18.55 (-0.47), NTI: 22.49 (-0.45), ANDE: 50.47 (-1.99)
Westmoreland Announces Tender Offer and Consent Solicitation for its 10.75% Senior Secured Notes Due 2018
Business Wire - Mon Nov 17, 4:23PM CST
Westmoreland Coal Company (NasdaqGM: WLB, "Westmoreland"
today announced that it has commenced a cash tender offer (the "Offer" to purchase any and all of its outstanding $675,485,000 in aggregate principal amount of 10.75% Senior Secured Notes (CUSIP 960887AB3) due 2018 (the "Notes" . In connection with the Offer, Westmoreland is soliciting consents (the "Consent Solicitation" to proposed amendments that would eliminate most of the restrictive covenants and certain events of default contained in the indenture governing the Notes, as well as release the security for the Notes and eliminate certain events of default relating to the security for the Notes (the "Proposed Amendments" . WLB: 30.85 (-0.93)
Would You Add Coal to Your Portfolio? - Industry Outlook
Zacks Equity Research - Zacks Investment Research - Fri Nov 14, 3:24AM CST
Would You Add Coal to Your Portfolio? - Industry Outlook
BTU: 7.37 (-0.04), FMC: 55.00 (-0.82), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), ANR: 1.52 (-0.10)
Earnings Look Back: Westmoreland Coal Is Up 18.6% Since Reporting Quarterly Results 2 Weeks Ago (WLB)
Comtex SmarTrend(R) - Mon Nov 10, 7:57AM CST
When Westmoreland Coal (AMEX:WLB) reported earnings two weeks ago on October 23rd, 2014, analysts, on average, expected the company to report a loss of $1.14 on sales of $277.0 million. Westmoreland Coal actually reported a loss of $2.76 per share on sales of $337.8 million, missing EPS estimates by $1.62 and beating revenue estimates by $60.8 million. Shares of Westmoreland Coal have climbed from $33.46 to $39.68, representing a gain of 18.6% since the company reported earnings 18 days ago.
WLB: 30.85 (-0.93)
Westmoreland extends coal supply agreement with FMC
M2 - Thu Nov 06, 4:44AM CST
US independent coal mining operator Westmoreland Coal Company (NYSE:WLB) reported on Wednesday the execution of a coal supply agreement from its Kemmerer Mine.
FMC: 55.00 (-0.82), WLB: 30.85 (-0.93)
Westmoreland and FMC Corporation Ink Long-Term Coal Supply Agreement Extension
Business Wire - Wed Nov 05, 9:00AM CST
Westmoreland Coal Company (NasdaqGM:WLB), through its subsidiary Westmoreland Kemmerer, Inc., today announced the signing of a long-term supply agreement with FMC Corporation (NYSE:FMC) from the Kemmerer Mine for FMC's Westvaco and Granger operations. The new agreement replaces two existing contracts that were set to terminate in 2016 and 2021. The agreements extend the contracts through 2026.
FMC: 55.00 (-0.82), WLB: 30.85 (-0.93)
Westmoreland Coal Is A Unique Opportunity
Nathan Yates - Seeking Alpha - Wed Nov 05, 7:55AM CST
Westmoreland Coal (NASDAQ: WLB ) is an almost forgotten player in a distinctly distressed industry. It's also uniquely positioned with a business model that offers significant benefits in the industry's current environment. Westmoreland's purchase of...
BTU: 7.37 (-0.04), ACI: 1.61 (-0.13), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), ANR: 1.52 (-0.10), OXF: 1.00 (unch)
Oxford Resource Partners, LP Reports Third Quarter 2014 Financial Results
PR Newswire - Thu Oct 30, 6:00AM CDT
Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford"
today announced third quarter 2014 financial results. WLB: 30.85 (-0.93), OXF: 1.00 (unch)
Cliffs Natural gains 17% following Q3 earnings beat
Seeking Alpha - at Seeking Alpha - Tue Oct 28, 11:27AM CDT
CNX: 34.33 (-0.98), BTU: 7.37 (-0.04), ACI: 1.61 (-0.13), WLB: 30.85 (-0.93), WLT: 1.80 (-0.21), CLF: 6.74 (-0.20), CLD: 9.12 (+0.02), ANR: 1.52 (-0.10)
