BIRMINGHAM, AL -- (Marketwire) -- 10/25/12 -- 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 Dec. 10, 2012, to [...]
Coal stocks surged last Friday on speculation that steel demand was on the rise. Rising rebar prices in China have boosted prices for iron ore and analysts have speculated that metallurgical coal, used to make steel, may also soon be on the rise. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research [...]
BIRMINGHAM, AL -- (Marketwire) -- 10/11/12 -- 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 third quarter 2012 results and announced that it will release its third quarter 2012 earnings [...]
he Coal Industry has been hit hard in 2012 as vast amounts of natural gas unlocked from shale deposits have made it a cheaper alternative to coal. Recent data released from the Energy Department has shown that the amount of gas used by power companies has risen 32 percent during the first half of the year, while coal usage has dropped 18 percent [...]
BIRMINGHAM, AL -- (Marketwire) -- 09/17/12 -- 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 on Sept. 14, 2012, the Ontario Superior Court of Justice (the "Ontario Court") released its decision denying in its entirety the [...]
Shares of companies in the coal industry have lagged in the market in 2012. The Market Vectors-Coal ETF (KOL) -- which replicates an index that provides exposure to publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry - has fallen over 30 percent this year. Five Star Equities examines the outlook [...]
BIRMINGHAM, AL -- (Marketwire) -- 08/01/12 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT)
Revenues of $678 Million; EPS of $0.51 Operating Income of $68 Million; EBITDA of $145 Million EPS of $0.43 from Continuing Operations; EBITDA of $137 Million from Continuing Operations Metallurgical Coal Production of 2.91 Million Metric Tons Metallurgical [...]
BIRMINGHAM, AL -- (Marketwire) -- 07/19/12 -- 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 Sept. 4, 2012, to [...]
BIRMINGHAM, AL -- (Marketwire) -- 06/28/12 -- 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 an outlook on second quarter performance and reaffirmed full-year met coal production guidance.
BIRMINGHAM, AL -- (Marketwire) -- 06/22/12 -- 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, in conjunction with the release of its second quarter 2012 earnings results after the market closes Wednesday, August 1, 2012 [...]
BIRMINGHAM, AL -- (Marketwire) -- 06/01/12 -- 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 it has hired William "Bill" Harvey as its Chief Financial Officer, effective July 9, 2012.
BIRMINGHAM, AL -- (Marketwire) -- 05/02/12 -- Walter Energy, Inc. (NYSE: WLT) (TSX: WLT)
First Quarter Revenues Reach $632 Million; EPS of $0.65; Operating Income of $84 Million; EBITDA of $144 Million Realizes All-Time Record Quarterly Metallurgical Coal Production of 3 Million Metric Tons Metallurgical Coal Sales of 2.4 Million; Inventory [...]