WMLP - Westmoreland Resource Partners,

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  • Moody's6 months ago

    Westmoreland Coal Company -- Moody's downgrades Westmoreland's PDR to D-PD following bankruptcy filings

    Moody's Investors Service ("Moody's") downgraded Westmoreland Coal Company's ("Westmoreland") Probability of Default Rating (PDR) to D-PD from Caa3-PD. Moody's also downgraded the company's Corporate Family Rating (CFR) to C from Caa3 and all instrument ratings to C from Ca.

  • Westmoreland Coal's future hazy amid bankruptcy reorganization
    American City Business Journals6 months ago

    Westmoreland Coal's future hazy amid bankruptcy reorganization

    Creditors of the nation's oldest independent coal producer will consider selling the Douglas County-based company's mines under a Chapter 11 reorganization filed Tuesday. Westmoreland Coal Co. reached a restructuring agreement as its U.S. business filed for bankruptcy protection to reorganize in the face of nearly $1.1 billion in debt, $416.8 million of it due before next summer. “After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success,” said Michael Hutchinson, the company's interim CEO, in a written statement.

  • Colorado coal co. files for $1.4B bankruptcy in Houston court
    American City Business Journals6 months ago

    Colorado coal co. files for $1.4B bankruptcy in Houston court

    The company has reached a restructuring agreement in which a group of lenders will bid for substantially all of Westmoreland’s business assets.

  • Who Are The Top Investors In Westmoreland Resource Partners LP (NYSE:WMLP)?
    Simply Wall St.11 months ago

    Who Are The Top Investors In Westmoreland Resource Partners LP (NYSE:WMLP)?

    In this article, I’m going to take a look at Westmoreland Resource Partners LP’s (NYSE:WMLP) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subjectRead More...

  • ACCESSWIRE11 months ago

    Has ORRP Stumbled On The Largest Lithium Deposit In The World?

    A new lithium exploration project in the Western United States could prove out one of the largest lithium aquifers globally according to recent expert comments. Exploratory drilling results from an up-and-coming company called Oroplata Resrouces (ORRP) in the coming months could prove whether this region is as big as some experts believe. With a $13 million market capitalization, ORRP could see a major move as these results approach, and 2018 could prove a breakout year for the small company.

  • ACCESSWIRE11 months ago

    Westmoreland Resources, New Financing Facility for Parent and Comprehensive Review

    NEW YORK, NY / ACCESSWIRE / May 24, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Westmoreland Resource Partners, LP (WMLP), a company that produces and markets thermal coal in the United States. Westmoreland Resource Partners, LP is a subsidiary of Westmoreland Coal Company. Shares of the parent company, Westmoreland Coal were also up over 100% on Wednesday.