Westmoreland Coal Company (NasdaqGM:WLB, “Westmoreland” or the “Company”) and Westmoreland Resource Partners, LP (NYSE:WMLP, “WMLP”) announced today that Westmoreland’s contribution of Westmoreland Kemmerer LLC (“Kemmerer”), which owns and operates the Kemmerer Mine in Wyoming, to WMLP was [...]
Westmoreland Coal Company (NasdaqGM: WLB, “Westmoreland”), and its Chief Executive Officer Keith E. Alessi, received a letter dated July 26, 2015, from Mr. Charles Frischer of LF Partners. "I am in receipt of Mr. Charles Frischer’s letter in which he directs numerous suggestions to me and the board of directors of Westmoreland [...]
Westmoreland Coal Company (NasdaqGM:WLB) today announced results of the second quarter ended June 30, 2015. Revenues for the quarter were $349.0 million versus $288.0 million in the same quarter in 2014. Adjusted EBITDA for the second quarter of 2015 was $55.3 million, while Adjusted EBITDA for the second quarter of 2014 was $39.6 million. Adjusted [...]
On Friday, July 24, 2015, Westmoreland Coal Company (NasdaqGM: WLB) and Westmoreland Resource Partners, LP (NYSE: WMLP), will announce the second quarter 2015 results. A conference call with management is scheduled for 10 a.m. ET. Keith E. Alessi, Chief Executive Officer of both entities, will conduct the call. When: July 24th, 2015 at 10:00 [...]
Westmoreland Coal Company (NasdaqGM: WLB, “Westmoreland”) today affirmed its previously issued full year consolidated 2015 adjusted EBITDA of $235.0 to $270.0 million. Westmoreland also announced that its consolidated Q2 2015 adjusted EBITDA will meet its original, internal target for the quarter. “At a time when many in the [...]
Westmoreland Coal Company (NasdaqGM:WLB, “Westmoreland”) announced today that its Board of Directors has taken all steps necessary to enter into the Purchase and Sale Agreement for the purchase of the San Juan Mine in Farmington, New Mexico from BHP Billiton and enter into a new long-term coal supply agreement with Public Service of New [...]
Westmoreland Coal Company (NasdaqGM:WLB, €œWestmoreland €) and Westmoreland Resource Partners, LP (NYSE:WMLP, €œWMLP €) announced today that WMLP has agreed to acquire 100% of the outstanding equity interests in Westmoreland Kemmerer LLC ( €œKemmerer €), which owns and operates the Kemmerer Mine in [...]
Westmoreland Coal Company (NasdaqGM:WLB) today announced that its shareholders defeated the New York City Comptroller €™s proxy access proposal by greater than 60% of the votes cast on the proposal at the 2015 Annual Meeting of Shareholders. €œWe thank our shareholders for their overwhelming support to defeat the proposal [...]
Westmoreland Coal Company (NasdaqGM:WLB), through its Coal Valley Resources Inc. subsidiary, has entered into an agreement with Athabasca Minerals Inc. (TSX Venture: ABM) that will result in the production of aggregate from Westmoreland ™s Obed Mountain Mine site. Key highlights of the agreement include Athabasca purchasing the Obed rail [...]
Westmoreland Coal Company (NasdaqGM:WLB) today announced that it has agreed in principal to purchase the San Juan Mine in Farmington, New Mexico from BHP Billiton and enter into a new long-term coal supply agreement with the owners of the San Juan Generating Station ( SJGS ). The contemplated new coal supply agreement states that Westmoreland will [...]
PNM Resources' (NYSE: PNM) New Mexico electric utility, Public Service Co. of New Mexico (PNM), today will file with the New Mexico Public Regulation Commission (NMPRC) substantially final coal supply and participant restructuring agreements for San Juan Generating Station (SJGS). The agreements will be filed as part of PNM ™s ongoing regulatory [...]
Westmoreland Coal Company (NasdaqGM:WLB) today announced results of the first quarter ended March 31, 2015. Revenues for the quarter were $371.5 million versus $180.2 million in the same quarter in 2014. Adjusted EBITDA for the first quarter of 2015 was $56.0 million, while Adjusted EBITDA for the first quarter of 2014 was $28.9 million. Adjusted [...]
