Walter Energy Inc.

BIRMINGHAM, AL -- (Marketwire) -- 01/31/13 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure-play" producer of metallurgical coal for the global steel industry, today announced that its Board of Directors has declared a regular quarterly dividend of $0.125 per common share payable on March 12, 2013, to [...]

BIRMINGHAM, AL -- (Marketwire) -- 01/22/13 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure-play" producer of metallurgical (met) coal for the global steel industry, today provided comments on its preliminary fourth quarter 2012 results and announced that it will release its fourth quarter and full year 2012 [...]

After a dismal 2012, the Coal Industry looks to be on the upswing as a recent report from the International Energy Agency predicts global coal demand to increase at an average of 2.6 percent a year over the next five years. The Paragon Report examines investing opportunities in the Coal Industry and provides equity research on Cloud Peak Energy and [...]

The coal mining industry has experienced major struggles in 2012 as warm temperatures and the emergence of natural gas as a cheaper alternative have caused demand for the commodity to plummet. The Market Vectors-Coal ETF (KOL) has fallen 25 percent year-to-date. The Paragon Report examines investing opportunities in the Coal Industry and provides [...]

BIRMINGHAM, AL -- (Marketwire) -- 11/21/12 -- Walter Energy Inc. ("Walter Energy") (NYSE: WLT) (TSX: WLT) today announced the closing of its previously announced private offering of $500.0 million aggregate principal amount of its 9.875% senior notes due 2020 (the "Notes"). The Notes will be guaranteed by each of Walter Energy's current and future [...]

BIRMINGHAM, AL -- (Marketwire) -- 11/16/12 -- Walter Energy Inc. ("Walter Energy") (NYSE: WLT) (TSX: WLT) today announced the pricing of its private offering of $500 million aggregate principal amount of its 9.875% senior notes due 2020 (the "Notes"). Walter Energy will pay interest on the Notes on June 15 and December 15 of each year, beginning [...]

BIRMINGHAM, AL -- (Marketwire) -- 11/13/12 -- Walter Energy Inc. ("Walter Energy") (NYSE: WLT) (TSX: WLT) today announced that it has commenced a private offering of $500 million aggregate principal amount of senior notes due 2020 (the "Notes"). The Notes will be guaranteed by Walter Energy's subsidiaries that guarantee indebtedness under Walter [...]

Coal stocks across the board fell sharply last week as Obama's re-election increased speculation that more regulations may be on the way for the already struggling industry. Both the Market Vectors Coal ETF and the PowerShares Global Coal ETF both fell over 5 percent last week. The Paragon Report examines investing opportunities in the Coal [...]

BIRMINGHAM, AL -- (Marketwire) -- 11/05/12 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT)

Reports net loss of $1.1 billion including non-cash impairment charges
Reports third quarter revenues of $612 million; Adjusted EBITDA of $117 million
Earns adjusted net income of $30 million, excluding impairment charges
Produces 3.33 million metric tons [...]

Coal stocks have struggled in 2012 as abundant supplies and historically low prices have made natural gas a cheaper alternative for utilities. Natural gas futures in April plummeted to a 10 year low of $1.91 per thousand cubic feet. The Market Vectors-Coal ETF (KOL) -- which seeks to replicate the price and yield return performance of the Stowe [...]