|Bid||0.330 x 3000|
|Ask||0.000 x 1200|
|Day's Range||0.3250 - 0.3521|
|52 Week Range||0.2600 - 5.4100|
|Beta (3Y Monthly)||3.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 13, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.08|
Cloud Peak Energy Inc. (CLD) (the “Company”) announced today that its Board of Directors (the “Board”) has adopted a Stockholder Rights Plan (the “Rights Plan”) designed to preserve its substantial federal net operating loss carryforwards (“NOLs”) and other tax carryforwards, which can be utilized in certain circumstances to offset future U.S. taxable income. As of December 31, 2018, the Company had estimated federal NOLs and other tax carryforwards of approximately $300 million. The Board adopted the Rights Plan, which is intended to protect the Company’s tax benefits, after considering, among other matters, the estimated potential value of the Company’s tax benefits, the potential for diminution of those tax benefits upon certain ownership changes of 5% stockholders and the risk of such an ownership change occurring due to the volatility and trading activity in the Company’s common stock.
Cloud Peak Energy (CLD) needs investors to pay close attention to the stock based on moves in the options market lately.
Miners in the nation’s largest coal-producing region are leaving more of the fossil fuel in the ground as prices fall for alternatives, including natural gas, and demand erodes from power-generation customers. Coal production from the Powder River Basin, an arid region spread over parts of Wyoming and Montana that produces about 40% of all U.S. coal, has declined by one-third between 2008 and 2017. “We’ve seen in the last few years, especially with the amount of gas coming online and fuel switching, that’s biting into our customer base,” said Travis Deti, executive director of the Wyoming Mining Association.
Cloud Peak Energy Inc. (CLD) (the “Company”) announced that on December 26, 2018, the Company was notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE under Rule 802.01C of the NYSE Listed Company Manual. Under the NYSE’s rules, the Company has six months following receipt of the notification to regain compliance with the minimum share price requirement.
NEW YORK , Dec. 20, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Thursday, January 3 : Arlo Technologies ...
If you own shares in Cloud Peak Energy Inc. (NYSE:CLD) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a Read More...
Fewer-than-before crude oil shipments from Saudi Arabia to the United States could deplete the latter's oil inventories, giving a possible temporary boost to crude prices.
Natural Resource's (NRP) Q3 revenues grow year over year. This upside is driven by strong metallurgical and thermal coal export demand coupled with stable domestic coal prices.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, today announced that its Board of Directors, working together with the Company’s management team and legal and financial advisors, has commenced a review of strategic alternatives, including a potential sale of the Company. The Company has engaged J.P. Morgan Securities LLC as its financial advisor and Allen & Overy LLP as legal counsel in connection with the strategic alternatives review. Colin Marshall, President and Chief Executive Officer of Cloud Peak Energy, commented, “While our Board is undertaking this strategic review, Cloud Peak Energy remains focused on executing against our operational and financial priorities.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, today announced that Cloud Peak Energy Resources LLC (“CPE Resources”), a wholly owned subsidiary of Cloud Peak Energy Inc., provided PNC Bank, National Association with notice to terminate the Credit Agreement with PNC Bank, National Association, as administrative agent, and a syndicate of lenders, originally dated as of February 21, 2014 (as amended, the “Credit Agreement”). The termination of the Credit Agreement is effective as of November 15, 2018.
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Cloud Peak Energy's (CLD) earnings of 16 cents per share in third-quarter 2018 outperform the Zacks Consensus Estimate of a loss of 8 cents.
The Gillette, Wyoming-based company said it had profit of 16 cents per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was ...
Cloud Peak Energy Inc. , one of the largest U.S. coal producers and the only pure-play Powder River Basin coal company, today announced results for the third quarter and first nine months of 2018.
President Donald Trump's administration is considering using West Coast military facilities to export coal and natural gas to Asia, according to an Associated Press report on Monday, citing U.S. Department of Interior Secretary Ryan Zinke. The move would help fossil fuel producers ship their products to Asia and circumvent environmental concerns in Democratic-leaning states like Washington, Oregon and California that have rejected efforts to build new coal ports. In an interview in Montana, Zinke told AP "it's in our interest for national security and our allies to make sure that they have access to affordable energy commodities" and proposed using naval facilities or other federal properties for exports.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, plans to announce its third quarter and first nine months 2018 financial results on October 25, 2018, after the markets close. The Company owns and operates three surface coal mines in the PRB, the lowest cost major coal producing region in the nation.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, today announced that it has completed the previously announced move of its corporate headquarters to an existing structure at its Cordero Mine located approximately 25 miles south of Gillette, Wyoming. Effective October 1, 2018, Cloud Peak Energy officially moved its physical headquarters to 748 T-7 Rd., Gillette, Wyoming 82718, with a mailing address of PO Box 3001, Gillette, Wyoming 82717-3001. “Cloud Peak Energy takes pride in being a company with Wyoming headquarters and this will remain the case following the Gillette office transition,” commented Colin Marshall, President and Chief Executive Officer of Cloud Peak Energy.
A look at the shareholders of Cloud Peak Energy Inc (NYSE:CLD) can tell us which group is most powerful. Institutions often own shares in more established companies, while it’s not Read More...
Cloud Peak Energy’s innovative reclamation at Spring Creek Mine recognized as successful, while providing safe, reliable, and affordable energy for the nation
The U.S. coal industry is on a slow and painful path towards elimination, no matter which policies President Trump imposes today or tomorrow. The industry faces not only mounting environmental burdens but also fierce competition from natural gas and renewables that will make their way into coal country as new pipelines come online to bring gas from the Utica and Marcellus shale regions to the northeast, and to export U.S. liquefied natural gas (LNG). According to the Energy Information Administration (EIA), total U.S. coal consumption by domestic power sector has fallen to 766 million tons in 2018, from 1,172 million tons 10 years ago, a 34% decrease.