Tag Archives: Coal Industry

Westmoreland Coal: Still Hanging On

Like most of its peers, Westmoreland Coal Company (WLB) has seen its stock price fall precipitously over the past several years. Its stock is down more than 80% since it peaked in July 2014.

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Alpha Natural Resources Puts Its Bankruptcy Plan to a Vote

Alpha Natural Resources (ANRZQ) is the nation’s third largest coal producer and the leading producer of metallurgical coal, with a large reserve base in Appalachia.  It also has a meaningful presence in the Powder River Basin in Wyoming.

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The Coal Industry Goes Bust

Very few industries have suffered a decline as steep as coal’s. In just five years, the coal industry has gone from relatively healthy to almost entirely bankrupt. Major coal producers – including Peabody Energy, Arch Coal, and Alpha Natural Resources … Continue reading

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Arch Coal Goes Bust

Arch Coal, the second largest U.S. coal producer, is another casualty of the sharp decline in coal consumption. After a steady slide in its business that began in 2011 and accelerated when oil and natural gas prices plunged in 2014, … Continue reading

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