Westmoreland Coal Company

ENGLEWOOD, Colo., March 16, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) (“Westmoreland” or the “Company”) today announced that it is delaying the filing of its Form 10-K with the Securities & Exchange Commission for the period ended December 31, 2016, as well as its previously scheduled earnings release [...]

ENGLEWOOD, Colo., March 09, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (NasdaqGM:WLB) will issue a press release reporting financial results for the fourth quarter and full year ended December 31, 2016 after the market closes on March 16, 2017. Kevin Paprzycki, Chief Executive Officer, and Gary Kohn, Interim Chief Financial Officer, will [...]

Technical Accounting Restatement for Reclamation Receivables Has No Impact on: Cash Flow Generation Economic Value of the Reclamation Contracts Ability to Collect Cash for Reclamation from Customers ENGLEWOOD, Colo., Feb. 24, 2017 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced that it will restate financial [...]

Westmoreland Coal today announced that it amended its power supply agreement with Dominion Virginia Power, a subsidiary of Dominion. Beginning March 1, 2017, Westmoreland will create cash savings as it will no longer be required to operate the Roanoke Valley Power Facility. Under the amendment, Westmoreland will begin to provide the required [...]

Westmoreland Coal, announced today that its Chief Financial Officer and Treasurer, Jason Veenstra, has decided to resign from Westmoreland effective December 15, 2016. Veenstra has elected not to relocate to the Company’s Denver headquarters as part of the ONE Westmoreland cost savings and cash optimization initiative, which included [...]

Westmoreland Coal today reported financial results for the third quarter and updated its 2016 guidance. Third Quarter Highlights Revenues of $370.7 million from 13.9 million tons sold Net loss applicable to common shareholders of $8.5 million, or $0.46 per share Adjusted EBITDA of $71.2 million, a new quarterly record Nine Month Highlights [...]

ENGLEWOOD, Colo., Oct. 18, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) will issue a press release reporting financial results for the 2016 third quarter on November 1, 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., Oct. 13, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) today announced it has successfully added East West Bank as a 50% participant in its parent level revolving credit line in place of Bank of the West. “We are excited to have East West Bank join our long-term partner, The Private Bank, in our revolver [...]

Westmoreland Coal Company announced today that their Daron-Consol Mine received the Active Mine Reclamation Award Appalachian Region from the Office of Surface Mining Reclamation and Enforcement for the most exemplary mining operations and reclamation accomplishments. This is the company’s third Excellence in Coal Mine Reclamation Award in [...]

ENGLEWOOD, Colo., Aug. 24, 2016 (GLOBE NEWSWIRE) -- Westmoreland Coal Company (Nasdaq:WLB) announced today that NRG Texas Power (NRG) has provided notice that it will terminate the lignite supply agreement at the Jewett mine two years early on December 31, 2016. Westmoreland will conduct the multi-year reclamation work for NRG following the [...]