Key Developments: Westmoreland Coal Co (WLB.W)
11.82USD
13 May 2013
$-0.13 (-1.09%)
$11.95
$11.77
$11.82
$11.77
200
22
$11.95
$7.04
Latest Key Developments (Source: Significant Developments)
Westmoreland Coal Co Reaffirms FY 2013 EBITDA Guidance
Westmoreland Coal Co announced that it still expect fiscal 2013 adjusted EBITDA to fall in the range between $112 and $120 million, consistent with the guidance provided in March 1, 2013 release. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBITDA of $117 million for fiscal 2013. Full Article
Westmoreland Coal Co Announces Board Changes-Form 8-K
Westmoreland Coal Co reported in its Form 8-K that on February 26, 2013, the Board of Directors (the Board) of the Company unanimously elected Robert P. King, to serve as the Company's President and Chief Executive Officer (CEO), effective as of April 8, 2013, succeeding Keith E. Alessi, whose retirement was previously reported by the Company. Mr. Alessi will remain as a director of the Company and, beginning April 8, 2013, will serve in the capacity as Executive Chairman of the Board (Executive Chairman). Full Article
Westmoreland Coal Co Declares Dividend On Preferred Stock
Westmoreland Coal Co announced that Board of Directors has declared a dividend of $.53125 per depositary share payable on April 1, 2013 to holders of record as of March 20, 2013. Each depositary share represents one-quarter of a share of the Company`s Series A Convertible Exchangeable Preferred Stock. Full Article
Westmoreland Coal Co Issues FY 2013 EBITDA Guidance Below Analysts' Estimates-Conference Call
Westmoreland Coal Co announced that it expects adjusted EBITDA to fall in a range between $112.0 and $120.0 million for fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBITDA of $127.3 million for fiscal 2013. Full Article
Westmoreland Coal Co's Westmoreland Savage Corporation Enters Into New Long-Term Supply Agreement
Westmoreland Coal Co announced that its Westmoreland Savage Corporation subsidiary, which owns the Savage Mine in Sidney, Montana, has amended its lignite supply agreement with one of its long-time customers Montana-Dakota Utilities Co., a division of MDU Resources Group, Inc. The amendment extends the term of the original agreement for the supply of lignite to the Lewis & Clark Station through December 31, 2017. The contract provides that the Savage Mine will continue to provide Lewis & Clark Station its lignite requirements on an annual basis, which has historically been approximately 300,000 tons a year. Full Article
Westmoreland Coal Co Declares Dividend on Preferred Stock
Westmoreland Coal Co announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on January 1, 2013 to holders of record as of December 20, 2012. Each depositary share represents one-quarter of a share of the Company`s Series A Convertible Exchangeable Preferred Stock. Full Article
Westmoreland Coal Co Declares Dividend On Preferred Stock
Westmoreland Coal Co announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on October 1, 2012 to holders of record as of September 20, 2012. Full Article
Westmoreland Coal Co Declares Dividend On Preferred Stock
Westmoreland Coal Co announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on July 1, 2012 to holders of record as of June 20, 2012. Full Article
Westmoreland Coal Co Appoints Robert P. King President And Chief Operating Officer
Westmoreland Coal Co announced that Robert P. King is joining the Company as its new President and Chief Operating Officer, effective March 26, 2012. Keith E. Alessi, Westmoreland’s current Chief Executive Officer and President, who has been with the Company since 2007, will continue in the role of Chief Executive Officer. Full Article
Westmoreland Coal Co Declares Dividend On Preferred Stock
Westmoreland Coal Co announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on April 1, 2012 to holders of record as of March 21, 2012. Each depositary share represents one-quarter of a share of the Company’s Series A Convertible Exchangeable Preferred Stock. Full Article
Earnings vs. 
Estimates
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