|Bid||31.09 x 800|
|Ask||36.00 x 800|
|Day's Range||30.05 - 31.37|
|52 Week Range||29.45 - 81.00|
|Beta (3Y Monthly)||-0.59|
|PE Ratio (TTM)||8.19|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||73.67|
CONTURA ENERGY (CTRA) delivered earnings and revenue surprises of -13.19% and 8.70%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
BRISTOL, Tenn. , Aug. 14, 2019 /PRNewswire/ -- Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today reported results for the second quarter ending June 30, 2019 . Highlights include: ...
BRISTOL, Tenn., Aug. 13, 2019 /PRNewswire/ -- Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced a number of changes to both its board of directors and senior management. In order to assist with the board's reconfiguration, Anthony Orlando, Harvey L. Tepner, Michael Ward, and previous board chair Neale X. Trangucci, have each voluntarily resigned from the board, effective Monday, August 12. None of their resignations was the result of any disagreement with Contura on any matter relating to the company's operations, policies or practices.
BRISTOL, Tenn. , Aug. 8, 2019 /PRNewswire/ -- Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, plans to announce its financial results for the second quarter 2019 before the market opens ...
Contura Energy has made a successful bid at an auction for the assets of three Blackjewel LLC coal mines, including two of the top producers in the country.
Going on 16 hours here in Cumberland. Overnight these guys got a megaphone, about 10 pizzas, and some "big boy juice". The #blackjewel coal train still hasn't left. pic.twitter.com/cZ9hsV1RDH ...
(Bloomberg) -- Coal miners angry about a lack of pay during Blackjewel LLC’s bankruptcy are preventing a train from leaving one of its Kentucky mines, escalating tensions as the cash-strapped company scrambles to sell assets.Since about 4 p.m. Monday, groups of miners have taken shifts blocking railroad tracks outside Cumberland, Kentucky, preventing a train from exiting a Blackjewel-owned coal mine, Mayor Charles Raleigh said in an interview. About 40 miners were at the tracks on Tuesday morning, he said. Local media have posted photos of miners camped out on the tracks.“The very coal they’re trying to haul out of there in this train, these men mined,” Raleigh said, adding that some miners, including his son and brother, have been without pay for close to a month. “They’re not out there to fight. But they want to fight for their money.”The fate of employees is playing a bigger role in corporate bankruptcies as thousands of workers lose their jobs, and the issue has been embraced by some politicians and at least one presidential candidate. Dismissals caused by the collapse of Toys “R” Us triggered the initial uproar, and saving jobs became a key factor in keeping Sears Holdings Corp. out of liquidation. Mortgage lender Stearns Holdings LLC emphasized helping employees in its bankruptcy pleadings this month.Calls to attorneys for Blackjewel weren’t immediately returned. The company listed about 1,700 employees in its bankruptcy filing.Both creditors and miners have criticized the way Blackjewel has handled its bankruptcy financing, which started on July 1. A federal judge last week approved a expedited sale process for several Blackjewel coal mines, resulting in a $8.1 million down payment from Contura Energy Inc. to help keep the company afloat.The miners in Harlan County, Kentucky are “infuriated” over missing pay for work done in June, Harlan County Judge-Executive Dan Mosley said in an interview. Paychecks have bounced or never arrived at all, he said.“We’re in survival mode,” Mosley said, adding that community members have assembled food boxes to help people affected by the bankruptcy, and that he has written letters for miners to give to their own creditors in hopes of getting leniency on things like mortgage payments. “It’s a sad situation.”Some Blackjewel miners earlier this month filed letters to the bankruptcy court in Huntington, West Virginia describing the hardship brought on by the bankruptcy, including living week-to-week and struggling to buy groceries.The Kentucky state police have no plans to roust the protesters unless they get a complaint from CSX Corp., the railway owner, and Sgt. Joe Dials said that they they haven’t heard from CSX as of Tuesday morning.Calls and emails to CSX weren’t returned.The case is Blackjewel LLC, 3:19-bk-30289, U.S. Bankruptcy Court for the Southern District of West Virginia (Huntington).\--With assistance from Will Wade.To contact the reporter on this story: Jeremy Hill in New York at email@example.comTo contact the editors responsible for this story: Rick Green at firstname.lastname@example.org, Dawn McCartyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
BRISTOL, Tenn., July 29, 2019 /PRNewswire/ -- Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced that its board of directors has unanimously appointed David J. Stetson as the company's new chief executive officer and as a member of the board, effective July 29, 2019. Mr. Stetson previously served on Contura's board of directors from November 2018 through April 2019. "Since we began this search process, our board has focused on identifying a candidate with the right mix of coal market acumen, robust executive experience, strategic ability, and natural leadership talent to create value for Contura's shareholders," said board chairman, Neale Trangucci.
BRISTOL, Tenn., July 25, 2019 /PRNewswire/ -- Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced that one or more of its subsidiaries (together, Contura) will seek to serve as the stalking horse purchaser for certain assets offered for sale through the bankruptcy proceedings of Blackjewel L.L.C. and Blackjewel Holdings L.L.C. (together, Blackjewel, or the Debtors). Specifically, Contura would acquire substantially all of the assets of the Belle Ayr and Eagle Butte thermal coal mines in the Powder River Basin (PRB) in Campbell County, Wyoming, including related facilities and equipment (Western Assets), as well as substantially all of the assets of the S-7 Surface metallurgical coal mine, (commonly referred to as the Pax Surface mine) in Fayette County, West Virginia, including related facilities and equipment (Pax Assets).
BRISTOL, Tenn., July 18, 2019 /PRNewswire/ -- Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today provided updates on both the company's ongoing search process for a new, permanent chief executive officer, and the status of the obligations of its subsidiary, Contura Coal West, LLC (Contura Coal West), as permit holder for the two Powder River Basin surface mines that were divested in December of 2017.
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BRISTOL, Tenn., June 17, 2019 /PRNewswire/ -- Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced the completion of its refinancing process through a previously disclosed five-year, $561.8 million senior secured term loan facility. The new facility offers Contura more flexibility to return capital to shareholders by allowing for unlimited restricted payments while the company's total leverage ratio is 3.0x or less and there is no default. As previously announced, Contura's board of directors also recently adopted a capital return program that permits the company to return to stockholders up to an aggregate amount of $250 million of capital.
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BRISTOL, Tenn. , May 15, 2019 /PRNewswire/ -- Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today reported results for the first quarter ending March 31, 2019 . Highlights include: ...
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BRISTOL, Tenn. , May 6, 2019 /PRNewswire/ -- Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, plans to announce its financial results for the first quarter 2019 before the market opens ...
BRISTOL, Tenn. , April 24, 2019 /PRNewswire/ -- Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced that the company's board of directors has appointed Andy Eidson , Contura's ...
BRISTOL, Tenn., April 22, 2019 /PRNewswire/ -- Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced that its chief executive officer, Kevin Crutchfield, will be leaving his role as chief executive officer, effective May 6, in order to pursue an opportunity outside of the coal industry, which is expected to be announced shortly. Mr. Crutchfield's departure is not the result of any dispute or disagreement with the company or any matter related to the company's operations, policies, management, or board of directors. The board has launched a search process to identify a replacement for Mr. Crutchfield.
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