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Westmoreland Coal Co (WLB.OQ)

WLB.OQ on NASDAQ Stock Exchange Global Market

1.37USD
22 Nov 2017
Change (% chg)

$0.13 (+10.48%)
Prev Close
$1.24
Open
$1.30
Day's High
$1.48
Day's Low
$1.27
Volume
123,512
Avg. Vol
62,679
52-wk High
$19.92
52-wk Low
$1.12

Latest Key Developments (Source: Significant Developments)

WESTMORELAND REPORTS Q3 LOSS PER SHARE $1.03
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Westmoreland Coal Co ::WESTMORELAND REPORTS THIRD QUARTER AND YEAR-TO-DATE 2017 RESULTS; REAFFIRMS 2017 GUIDANCE.Q3 LOSS PER SHARE $1.03.Q3 EARNINGS PER SHARE VIEW $-0.33 -- THOMSON REUTERS I/B/E/S.‍REITERATED ITS 2017 GUIDANCE​.WESTMORELAND COAL CO - QTRLY WESTMORELAND CONSOLIDATED ‍REVENUES OF $358.0 MILLION, DOWN 3.7 PERCENT​.  Full Article

Westmoreland reaffirms 2016 adj. EBITDA guidance, increases free cash flow guidance
Friday, 17 Mar 2017 

Westmoreland Coal Co : Westmoreland reschedules fourth quarter and full year earnings conference call; reaffirms 2016 adjusted EBITDA guidance, increases free cash flow guidance . Says reaffirmed today its previously issued guidance for full year 2016 adjusted EBITDA . Westmoreland Coal Co- increased its guidance range for free cash flow to $105 to $115 million for fy 2016 . Westmoreland Coal - delay in filing company's form 10-k is related to previously announced technical accounting restatement for reclamation receivables .Says delaying filing of its form 10-K with Securities & Exchange Commission for period ended December 31, 2016.  Full Article

Westmoreland Coal Q3 revenue $370.7 mln
Tuesday, 1 Nov 2016 

Westmoreland Coal Co : Qtrly revenues of $370.7 million from 13.9 million tons sold . Sees 2016 free cash flow $75 - $85 million . Sees FY 2016 capital expenditures $50 - $55 million . Q3 revenue view $387.0 million -- Thomson Reuters I/B/E/S . Sees coal tons sold of 50 - 55 million tons in 2016 . Westmoreland reports third quarter 2016 results; updates full-year guidance . Q3 loss per share $0.46 .Q3 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

Westmoreland adds new lender to credit facility East West Bank
Friday, 14 Oct 2016 

Westmoreland Coal Co :Westmoreland successfully adds new lender to credit facility; East West Bank to replace Bank of the West.  Full Article

Westmoreland Coal reports Q2 loss per share of $1.37
Tuesday, 2 Aug 2016 

Westmoreland Reports Second Quarter 2016 Results; Reiterates Full : Year guidance . Q2 loss per share $1.37 .Qtrly revenues $356.2 million versus $348.96 million.  Full Article

Westmoreland Q1 earnings per share $1.67
Tuesday, 10 May 2016 

Westmoreland : Qtrly revenues of $354.7 million, from tons sold of 13.8 million . Continue to make progress on our cash generation initiatives as we work towards paying down our debt late in year . "coal - u.s. Segment experienced market softness as customers reduced power generation due to low number of heating days this winter" . Reports First Quarter 2016 Results And Affirms Full-Year guidance . Q1 earnings per share $1.67 . Q1 earnings per share view $-0.68 -- Thomson Reuters I/B/E/S .Q1 revenue $354.7 million versus i/b/e/s view $372.7 million.  Full Article

Westmoreland Coal amends credit pact
Tuesday, 10 May 2016 

Westmoreland Coal Co : On may 3, entered into an amendment to its existing revolving credit facility - sec filing . Amendment revised credit facility to include as event of default material breach of material contract by borrower under facility .Under amendment, borrowers to have no grace period to cure material breach of coal supply agreement with saskatchewan power corp.  Full Article

Westmoreland Coal Co reiterates FY 2016 EB ITDA guidance
Tuesday, 8 Mar 2016 

Westmoreland Coal Co:Reiterated FY 2016 guidance for the consolidated entity.Expects FY 2016 adjusted EBITDA in the range of $235 - $275 million.  Full Article

Westmoreland completes acquisition of the San Juan Mine in Farmington
Tuesday, 2 Feb 2016 

Westmoreland Coal Co:Completes acquisition of the San Juan Mine in Farmington, New Mexico by its subsidiary Westmoreland San Juan, LLC.Purchase price of approximately $127 million.BMO Capital served as capital markets advisor for the transaction.  Full Article

BRIEF-WESTMORELAND REPORTS Q3 LOSS PER SHARE $1.03

* WESTMORELAND REPORTS THIRD QUARTER AND YEAR-TO-DATE 2017 RESULTS; REAFFIRMS 2017 GUIDANCE