Westmoreland Coal Company

Westmoreland Coal Company began mining in Westmoreland County, Pennsylvania in 1854 as a Pennsylvania corporation. In 1910, we incorporated in Delaware and continued our focus on underground coal operations in Pennsylvania and the Appalachian Basin. We moved our headquarters from Philadelphia, Pennsylvania to Colorado in 1995. Today, we are an energy company with 13 coal mines in the western U.S. and Canada, a stake in an activated carbon plant and char production facility and two coal-fired power generation units. Our headquarters are located in Englewood, Colorado and we have approximately 2,900 employees. We believe we are now the sixth largest North American coal producer (as measured by 2013 production of nearly 52 million tons, including Sherritt 2013 production), and we believe that we are the largest dragline operator among North American coal producers with 29 draglines owned or operated. We produce and sell thermal coal primarily to investment grade power plants under long-term cost-protected contracts, as well as to industrial customers and barbeque briquettes manufacturers. We operate 13 surface mines and a 50% interest in an activated carbon plant and char production facility. Our U.S. coal operations are located in Montana, Wyoming, North Dakota and Texas. Our Canadian coal operations are located in Alberta and Saskatchewan. We own a thermal coal export mine with production capacity of three million tonnes per annum and with established sales to the Asian markets. We also operate two coal-fired power generating units in North Carolina with a total capacity of approximately 230 megawatts.
Type
Public
HQ
Englewood, US
Founded
1854
Size (employees)
3,248 (est)
Westmoreland Coal Company was founded in 1854 and is headquartered in Englewood, US

Westmoreland Coal Company Office Locations

Westmoreland Coal Company has an office in Englewood
Englewood, US (HQ)
200 9540 S Maroon Cir

Westmoreland Coal Company Data and Metrics

Westmoreland Coal Company Financial Metrics

Westmoreland Coal Company's revenue was reported to be $1.4 b in FY, 2015 which is a 26% increase from the previous period.
$, USD

Revenue (FY, 2015)

1.4 b

Revenue growth (FY, 2014 - FY, 2015), %

26%

Gross profit (FY, 2015)

(1.1 t)

Gross profit margin (FY, 2015), %

(81077%)

Net income (FY, 2015)

(208.8 m)

EBIT (FY, 2015)

(132.3 b)

Market capitalization (23-Jun-2017)

86.4 m

Closing share price (23-Jun-2017)

4.4

Cash (31-Dec-2015)

22.9 m
Westmoreland Coal Company's current market capitalization is $86.4 m.
$, USDFY, 2013FY, 2014FY, 2015

Revenue

674.7 m1.1 b1.4 b

Revenue growth, %

65%26%

Cost of goods sold

535.3 m899.9 m1.1 t

Gross profit

139.4 m216.1 m(1.1 t)

Gross profit Margin, %

21%19%(81077%)

EBIT

25.4 m(43 m)(132.3 b)

EBIT margin, %

4%(4%)(9379%)

Interest income

1.4 m6.4 m8 b

Pre tax profit

(12.9 m)(172.9 m)(228.5 b)

Net Income

(8.1 m)(173.2 m)(208.8 m)
$, USDFY, 2013FY, 2014FY, 2015

Cash

61.1 m14.3 m22.9 m

Inventories

40 m133.9 m121.9 m

Current Assets

205 m360.8 m320.8 m

Total Assets

946.7 m1.8 b1.5 b

Accounts Payable

2.7 m15.5 m

Current Liabilities

213 m373.9 m312.7 m

Retained Earnings

(295.8 m)(468.9 m)(672.2 m)
$, USDFY, 2013FY, 2014FY, 2015

Net Income

(8.1 m)(173.2 m)(209 b)

Depreciation and Amortization

67.2 m100.8 m131 b

Inventories

(2.5 m)45.3 m2 m

Accounts Payable

13.6 m(37.8 m)(11 m)

Cash From Operating Activities

80.7 m50.4 m45.6 m

Purchases of PP&E

(28.6 m)(50.3 m)(77.9 m)

Cash From Investing Activities

(21.9 m)(432.8 m)(70.8 m)

Long-term Borrowings

(28.1 m)(955.2 m)(148.1 m)

Cash From Financing Activities

(29.3 m)338.7 m36.7 m

Interest Paid

36.3 m85 m73 m

Westmoreland Coal Company Market Value History

Westmoreland Coal Company Online and Social Media Presence

Westmoreland Coal Company Company Life and Culture

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