ENGLEWOOD, Colo., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today reported financial results for the second quarter and reaffirmed its full-year 2016 guidance. Second Quarter Highlights Revenues of $356.2 million from 12.0 million tons sold Net loss applicable to common shareholders of $25.4 million, or $1.37 per [...]
ENGLEWOOD, Colo., July 28, 2016 (GLOBE NEWSWIRE) -- Westmoreland Resources GP, LLC, general partner of Westmoreland Resource Partners, LP (NYSE:WMLP) (“WMLP”), declared a cash distribution for all unitholders and warrant holders of $0.20 per unit for its second quarter ended June 30, 2016. The distribution will be paid on August 12 [...]
ENGLEWOOD, Colo., July 19, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) will issue a press release reporting financial results for the 2016 second quarter on August 2, 2016 at approximately 8:00 a.m. Eastern Time. Kevin Paprzycki, Chief Executive Officer, and Jason Veenstra, Chief Financial Officer, will host a conference call [...]
ENGLEWOOD, Colo., June 29, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced it has successfully modified certain terms of its revolving credit line as part of its regular business update with its banking partners. The amendment includes: A 16 day extension to the seasonal borrowing period. It now runs from June 15 to [...]
ENGLEWOOD, Colo., May 10, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today reported financial results for the 2016 first quarter and affirmed its full-year 2016 outlook. First Quarter Highlights Revenues of $354.7 million, from tons sold of 13.8 million Net income applicable to common shareholders of $30.6 million, or $1.67 [...]
ENGLEWOOD, Colo., April 26, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) will issue a press release reporting financial results for the 2016 first quarter on May 10, 2016, at approximately 8:00 a.m. ET. Kevin Paprzycki, Chief Executive Officer, and Jason Veenstra, Chief Financial Officer, will host a conference call the same day [...]
Westmoreland Coal Company (NasdaqGM: WLB), the oldest independent coal company in the United States, today announced that Gary Kohn has been appointed Vice President, Investor Relations and will serve as a member of the leadership team effective April 11, 2016. “Adding Gary with his extensive investor relations, finance and strategy [...]
Westmoreland Coal Company (NasdaqGM:WLB) (“Westmoreland”) today announced that it has reached an agreement with Venor Capital Management LP (“Venor”) to interview additional director candidates after Westmoreland’s 2016 Annual Meeting. The agreement is in response to Venor’s communication indicating the intent to [...]
Westmoreland Coal Company (NasdaqGM:WLB) (“Westmoreland”) today announced its 2015 financial results. Highlights from 2015 include: 2015 revenues increased 26.4% year over year to a record $1.4 billion, driven by record tons sold of 53.3 million; Net loss applicable to common shareholders of $203.3 million included a non-cash [...]
Westmoreland Coal Company (NasdaqGM:WLB) (“Westmoreland”) today announced that it has expanded the size of its Board of Directors from 8 to 9 directors following the 2016 Annual Meeting and announced several changes to its Board of Directors designed to bring additional industry expertise and shareholder representation. Richard [...]
Westmoreland Coal Company (NasdaqGM:WLB) (“Westmoreland”) and Westmoreland Resource Partners, LP (NYSE:WMLP) will host a conference call to discuss its 2015 results on Tuesday, March 8, 2016 at 10:30 a.m. Eastern Time. Kevin Paprzycki, Chief Executive Officer of both entities, and Jason Veenstra, Chief Financial Officer of both [...]
Westmoreland Coal Company (NasdaqGM:WLB) (“Westmoreland”) today announced the completion of its acquisition of the San Juan Mine in Farmington, New Mexico by its subsidiary Westmoreland San Juan, LLC (“WSJ”) for a purchase price of approximately $127 million, subject to post-closing adjustments. Westmoreland’s [...]
