ENGLEWOOD, Colo., Oct. 19, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced that it has promoted Joseph E. Micheletti to Chief Operating Officer. Mr. Micheletti joined Westmoreland in 1998 and has held various positions of increasing responsibility including, most recently, Executive Vice President and Chief Technical [...]
ENGLEWOOD, Colo., Oct. 18, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) will issue a press release reporting financial results for the 2017 third quarter before the market opens on October 31, 2017. Kevin Paprzycki, Chief Executive Officer, and Gary Kohn, Chief Financial Officer, will host a webcast and conference call the same [...]
ENGLEWOOD, Colo., Oct. 02, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced that it terminated its power purchase contracts with BP Energy Company and assigned its substitute energy agreement with Virginia Electric and Power Company, a subsidiary of Dominion Energy, effective October 1, 2017. As a result, Westmoreland [...]
ENGLEWOOD, Colo., Sept. 05, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) announced today that its Board of Directors has adopted a stockholder rights plan (the “Rights Plan”) designed to protect Westmoreland’s ability to use its valuable net operating loss (“NOL”) carryforwards and certain other [...]
ENGLEWOOD, Colo., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today reported financial results for the second quarter 2017 and updated its guidance. Second Quarter Highlights Revenues of $323.0 million from 11.0 million tons sold Net loss applicable to common shareholders of $50.4 million, or $2.69 per share Adjusted [...]
ENGLEWOOD, Colo., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced that it has entered into a definitive agreement to sell its Roanoke Valley Power Facility (“ROVA”) for $5 million in cash to ROVA Venture, LLC. “In December 2016, we amended our ROVA contract, relieving us from the [...]
ENGLEWOOD, Colo., July 25, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) will issue a press release reporting financial results for the 2017 second quarter before the market opens on August 3, 2017. Kevin Paprzycki, Chief Executive Officer, and Gary Kohn, Chief Financial Officer, will host a webcast and conference call the same [...]
Westmoreland Coal Company today announced that it has amended an agreement with PacifiCorp to sell approximately 1 million additional tons of coal during 2018 than previously expected. The additional sales are the result of PacifiCorp’s plan to extend its Naughton Unit 3 operations through the end of 2018. “We are pleased to have the [...]
ENGLEWOOD, Colo., May 15, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today reported financial results for the first quarter 2017 and reiterated its 2017 guidance. First Quarter Highlights Revenues of $339.7 million from 12.4 million tons sold Net loss applicable to common shareholders of $36.8 million, or $1.98 per share [...]
ENGLEWOOD, Colo., May 05, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) will issue a press release reporting financial results for the 2017 first quarter before the market opens on May 15, 2017. Kevin Paprzycki, Chief Executive Officer, and Gary Kohn, Chief Financial Officer, will host a conference call the same day at 10:00 a.m [...]
ENGLEWOOD, Colo., March 28, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced that Capital Power (TSX:CPX) (“Capital Power”), Westmoreland’s joint-venture partner in the Genesee Mine, has paid Westmoreland $52 million, representing an accelerated repayment of all receivables that would otherwise have [...]
Generates Record Adjusted EBITDA and Free Cash Flow Provides 2017 Guidance ENGLEWOOD, Colo., March 28, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today reported its fourth quarter and full year 2016 financial results and provided its 2017 guidance. 2016 Results and Highlights: Fourth Quarter: Revenues of $392.7 million from [...]
