Company Quick10K Filing
Westmoreland Coal
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 19 $7
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-04-02 Annual: 2017-12-31
10-Q 2017-10-31 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-29 Annual: 2016-12-31
10-Q 2016-11-01 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-14 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-07-31 Quarter: 2015-06-30
10-Q 2015-04-28 Quarter: 2015-03-31
10-K 2015-03-06 Annual: 2014-12-31
10-Q 2014-10-28 Quarter: 2014-09-30
10-Q 2014-07-31 Quarter: 2014-06-30
10-Q 2014-04-25 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-10-25 Quarter: 2013-09-30
10-Q 2013-07-26 Quarter: 2013-06-30
10-Q 2013-04-30 Quarter: 2013-03-31
10-K 2013-03-12 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-08 Quarter: 2012-03-31
10-K 2012-03-13 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-11 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-12 Annual: 2009-12-31
8-K 2019-03-15 Bankruptcy, Shareholder Rights, Officers, Regulation FD, Exhibits
8-K 2019-03-14 Regulation FD, Exhibits
8-K 2019-03-02 Bankruptcy, Shareholder Rights, Regulation FD, Exhibits
8-K 2019-01-10 Officers
8-K 2019-01-02 Regulation FD, Exhibits
8-K 2018-12-18 Regulation FD, Other Events, Exhibits
8-K 2018-12-12 Officers, Regulation FD, Exhibits
8-K 2018-10-10 Bankruptcy, Shareholder Rights, Exhibits
8-K 2018-10-09 Enter Agreement, Bankruptcy, Off-BS Arrangement, Off-BS Arrangement, Regulation FD, Other Events, Exhibits
8-K 2018-10-05 Other Events
8-K 2018-09-26 Other Events
8-K 2018-09-18 Officers
8-K 2018-09-11 Enter Agreement, Exhibits
8-K 2018-08-16 Enter Agreement, Exhibits
8-K 2018-08-01
8-K 2018-06-28 Officers, Other Events
8-K 2018-06-11 Enter Agreement, Exhibits
8-K 2018-05-25 Leave Agreement
8-K 2018-05-21 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-04-20
8-K 2018-04-13 Officers, Exhibits
8-K 2018-04-02 Earnings, Exhibits
8-K 2018-03-29 Officers
8-K 2018-03-23
8-K 2018-03-12
8-K 2018-03-07 Earnings, Officers, Exhibits

Westmoreland Coal Financials

WLB Metrics, Comps, Filings

Annual | Quarterly

Business

We produce and sell thermal coal primarily to investment grade utility customers under long-term, cost-protected contracts. Our focus is primarily on mine locations which allow us to employ dragline surface mining methods and take advantage of close customer proximity through mine-mouth power plants and strategically located rail transportation. At December 31, 2017, our U.S. coal operations were located in Montana, Wyoming, North Dakota, Texas, New Mexico and Ohio, and our Canadian coal operations were located in Alberta and Saskatchewan. We sold 49.7 million tons of coal in 2017.

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 coal operations in Pennsylvania and the Appalachian Basin. We moved our headquarters from Philadelphia, Pennsylvania to Colorado Springs, Colorado in 1995 and relocated the headquarters to Englewood, Colorado in November 2011.

Today, Westmoreland Coal Company is an energy company employing approximately 2,950 employees. We conduct our operations through our subsidiaries and our principal sources of cash are distributions from our operating subsidiaries. See Exhibit 21.1 - Subsidiaries of the Registrant for a list of our subsidiaries. As of December 31, 2017, our operations included 12 wholly-owned actively producing coal mines in the U.S. and Canada, a char production facility, and a 50% stake in an activated carbon plant. We also own the general partner of and, at December 31, 2017, own 93.94% of the total equity interest in, Westmoreland Resource Partners, LP ("WMLP"), which is a publicly traded limited partnership that owns and actively operates four mining complexes in Ohio and one mine in Wyoming. The following map shows our operations as of the date of this filing:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Valuesetters (VSTR) 8 98% 11.8 80% 1 2 1 1 1 1 8
Capstone Companies (CAPC) 8 22% -8.2 -12% 7 1 13 3 -1 -1 6
Reshape Lifesciences (RSLS) 7 2% -0.1 -126% 44 30 358 8 -55 -56 3
ForeverGreen (FVRG) 7 77% 43.6 -50% 3 12 12 9 -2 0 8
Castle AM (CTAM) 7 0% 93.6 -11% 365 389 583 0 -40 3 261
Sonic Foundry (SOFO) 7 74% -0.9 -89% 15 21 34 25 -13 -11 10
Ethema Health (GRST) 7 0% -0.8 -42% 24 34 1 0 -10 -9 7
Fision (FSSN) 7 83% -1.3 -281% 2 5 1 0 -6 -6 8
nFusz (FUSZ) 7 44% -0.7 -42% 26 7 4 2 -11 -10 7
International Stem Cell (ISCO) 7 61% -3.0 -29% 9 5 10 6 -2 -2 6
Flexpoint Sensor Systems (FLXT) 7 96% -14.5 -15% 5 3 1 1 -1 -0 7
Star Gold (SRGZ) 7 -36.3 -21% 1 0 0 0 -0 -0 7
Westmoreland Coal (WLB) 7 22% -73.7 -15% 1,468 2,191 1,265 282 -219 -13 973
Vaso (VASO) 7 54% -2.8 -10% 47 45 71 38 -5 -2 6
Scientific Industries (SCND) 7 58% 5.4 6% 9 3 7 4 1 1 5
Avant Diagnostics (AVDX) 7 -2.9 -52% 5 3 0 0 -3 -2 7
Video Display (VIDE) 7 25% -107.2 -3% 10 5 14 3 -0 -0 6
Boston Therapeutics (BTHE) 7 0% -3.5 -239% 1 6 0 0 -2 -2 7
China Xuefeng Environmental (CXEE) 7 59% -1.6 6% 88 20 14 8 5 10 -16
Opti (OPTI) 6 19.4 68,700,000% 0 0 -1 -1 -15

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash3153142310103
Accounts Receivable461313143134141104
Inventory2636134122126107
PP&E3971602221,456713836742
Assets7591901811,8301,5023341,389
Accounts Payable
Long-Term Debt009321,0571,14765
Liabilities1,00972722,1792,1041,0242,133
Stockholders' Equity-242118109-365-603-688-739
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Revenue50281881,1161,41101,385
Cost of Revenue39359649001,145-31,096
Gross Profit10922242162663288
R&D
SG&A404410111323120
Tax-001001-6
Net Income-3784-173-209-29-73
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash Operating457135046-49114
Cash Investing-34-2-1-433-71-111
Cash Financing14-1-143393745-83