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Thu, 24 May 2018
20:25:25 +0000
Why Vale’s Coal Division Is Becoming More Profitable
Is a Valuation Rerating in the Cards for Vale Stock? Severe weather conditions in March led to power plant outages and five flooded production pits. In 2017, Vale’s coal division generated positive adjusted EBITDA for the first time since 2010.
Tue, 22 May 2018
20:15:00 +0000
Westmoreland Secures $110 Million in New Financing
Westmoreland Coal Company (“Westmoreland” or the “Company”) announced today that it has secured a new financing commitment for $110 million from an ad hoc group of the Company’s existing secured creditors holding approximately 79% of its term loan and approximately 79% of its senior secured notes (the “Ad Hoc Group”). Proceeds from the financing will provide additional liquidity and will be used to fully repay both the San Juan term loan and the existing asset-based revolvers, simplifying Westmoreland’s capital structure.
Wed, 16 May 2018
19:30:28 +0000
[$$] Westmoreland's Lenders Agree to Waive Default for One More Month
Westmoreland Coal Co., the coal mining company that recently warned it is considering filing for bankruptcy, got a month-long extension on a waiver on a default on loans to a subsidiary until June 15, the company disclosed in a filing Tuesday. Westmoreland Coal has been seeking a $100 million debtor-in-possession, or DIP, loan, but talks with its creditors have progressed, and the company is currently working on a deal to avoid a bankruptcy filing, said a person familiar with the matter.
Fri, 20 Apr 2018
13:45:06 +0000
Moody's Liquidity-Stress Indicator down again in mid-April on favorable conditions for US spec-grade companies
Moody's Liquidity-Stress Indicator (LSI) has slipped to 2.6% thus far in April from 2.8% at the end of March, Moody's Investors Service says in its most recent edition of SGL Monitor. The improvement was ...
Thu, 12 Apr 2018
15:20:24 +0000
Westmoreland Coal Company -- Moody's downgrades Westmoreland Coal Company's CFR to Caa3; outlook stable
Moody's Investors Service, ("Moody's") today downgraded the ratings of Westmoreland Coal Company (Westmoreland), including its corporate family rating (CFR) to Caa3 from Caa1, probability of ...
Tue, 10 Apr 2018
14:55:16 +0000
What Do Analysts Think About Westmoreland Coal Company’s (NASDAQ:WLB) Earnings Outlook?
Westmoreland Coal Company’s (NASDAQ:WLB) most recent earnings announcement in December 2017 suggested company earnings became less negative compared to the previous year’s level – great news for investors Today IRead More...
Mon, 02 Apr 2018
14:26:10 +0000
Westmoreland posts 4Q profit
The Englewood, Colorado-based company said it had profit of $1.87 per share. The wireless spectrum license company posted revenue of $363.8 million in the period. For the year, the company reported that ...
Tue, 06 Mar 2018
00:15:24 +0000
Have Investors Already Priced In Westmoreland Coal Company’s (NASDAQ:WLB) Growth?
Westmoreland Coal Company (NASDAQ:WLB), an energy company based in United States, saw a decent share price growth in the teens level on the NasdaqGM over the last few months. AsRead More...
Mon, 05 Mar 2018
14:03:59 +0000
Vale’s Coal Generated Positive Earnings: 1st Time since 2010
Can Vale Expect Significant Upside after 4Q17 Results?
Mon, 05 Feb 2018
23:49:16 +0000
Does Westmoreland Coal Company’s (NASDAQ:WLB) Latest Financial Perfomance Look Strong?
In this commentary, I will examine Westmoreland Coal Company’s (NASDAQ:WLB) latest earnings update (30 September 2017) and compare these figures against its performance over the past couple of years, asRead More...
Thu, 01 Feb 2018
14:12:02 +0000
Zacks Industry Outlook Highlights: NextEra Energy, Dominion Energy, Duke Energy, WEC Energy Group and Westmore Coal
Zacks Industry Outlook Highlights: NextEra Energy, Dominion Energy, Duke Energy, WEC Energy Group and Westmore Coal
Wed, 31 Jan 2018
21:21:09 +0000
Can the Coal Industry Withstand Challenges Ahead?
Can the Coal Industry Withstand Challenges Ahead?
Thu, 28 Dec 2017
22:49:38 +0000
US officials say they wrongly announced coal mine expansion
CHEYENNE, Wyo. (AP) — U.S. officials said Thursday that they misspoke when they recently announced they had approved an expansion of a Montana coal mine that would keep it operating for another 19 years.
Thu, 28 Dec 2017
20:50:02 +0000
Correction: Coal Mine Expansion story
In a Dec. 22 story about a Montana coal mine, The Associated Press, relying on incorrect information from the U.S. Interior Department, reported erroneously that the department approved an expansion of ...



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