coal corporations

Chief Financial Officer John Drexler expects the company to continue these “robust capital return activities” over the rest of the year. The company is also paying a quarterly dividend of 40 cents. At current prices, reports FactSet, the stock is about seven times forecast earnings, with a dividend yield of 2%.

Even Europe's biggest coal addict now wants to clean up its act ... levels,” said Joanna Mackowiak-Pandera, the head of Warsaw-based Forum Energii, which consults with companies and authorities on the wind industry. ... Further down the line, oil company PKN Orlen SA and two others would bring projects to nine sites.

Nearly five months into 2018, the year is still a toss-up for the biggest coal companies in Wyoming, but market pressures are evident, according to earning calls this ... But uncertainty for coal demand this year and continued low prices for natural gas put pressure on Black Thunder, according to the company.

Today, West Virginia's headlong race into the gas rush is taking the state down the same path that it's been on for generations with coal. Elected officials have sided with natural gas companies on tax proposals and property rights legislation. Industry lobbyists have convinced regulators to soften new rules ...

"A more significant global customer base" has the company dealing with increased volatility and complexity in its seaborne logistics chain. For example, the company says it expects coking coal shipments to be flat in second quarter with heavy shipments expected in the last 10 days of June to be recorded ...

If Alliance does not receive those tax credits, the company said it would be forced to shut down its Pike County operation — which Alliance subsidiaries have operated since 1996 — because the coal reserves currently being mined will run out in just a few years. "We've known about declining coal reserves ...

In the past year, Westmoreland Coal Company's stock price has dropped 97 percent, and, on Wednesday, April 25th, the company will be removed from ... be possible to go back to the company and say you need to put up some more money, but it's almost impossible to get financially distressed companies ...

An Australian power company have signed a contract with a cryptocurrency mining firm to provide them with cheap off-grid power. The IOT Group will be building a digital currency mining hub that's actually inside a disused coal-fired power station in the Hunter Valley region.

“Coal will go away in any place where there's a free market, for sure, because the market just forces that, the economics force it,” he told me. “O.K., the federal government can change some environmental regulations, but companies are going to put in the environmental safeguards anyway. Their stockholders are insisting ...

Burning coal used to be the primary way power companies generated the electricity needed to cool homes, run factories and brighten streets. But US ... PG&E, the parent company of Pacific Gas and Electric which serves some 16 million customers in the state, aims to boost the amount of power it gets from ...

In December, coal company PT Indominco Mandiri was fined 2 billion rupiah ($145,000) after it was found guilty of illegally dumping hazardous waste ... a fine of 2 billion rupiah that allows the company to return to operation while improving waste management, in our view, will not impact the corporation.

Coal baron Bob Murray issued a hysterical warning Tuesday: If U.S. coal power generation drops much further, “people are going to die in the dark.” The founder, chairman, president, and chief executive of Murray Energy, America's “largest underground coal mining company,” was speaking to a ...

(WSAZ) -- West Virginia Gov. Jim Justice on Wednesday signed three bills that promote safety in the coal industry, drawing praise from the West Virginia Coal Association. “We are proud and grateful of the strong relationship our governor has with West Virginia coal miners. By signing these bills today, Gov.

A Colorado-based coal company with mines in Montana and Wyoming is considering restructuring options, including filing for bankruptcy protection, after ... stop with a bankruptcy, just as it didn't with other coal company bankruptcies in recent years including industry giants Arch Coal and Peabody Energy.

That's because Kentucky lawmakers just passed House Bill 2, which keeps federally approved radiologists from diagnosing the disease and leaves it mostly to doctors often employed by coal companies. "Throughout the United States, I know of nowhere where radiologists are taken completely out of the ...

BILLINGS, Mont. (AP) — Experts will discuss hard times in the coal industry at a conference in Montana. The Powder River Basin of Wyoming and Montana is the top coal-producing region in the U.S. The basin provides about 40 percent of the nation's coal. Competition from inexpensive natural gas and ...

Just six pulmonologists in Kentucky have the federal certification to read black lung X-rays and four of them routinely are hired by coal companies or their ... "I do believe the coal industry is writing this bill to exclude certain doctors that they don't like," said Phillip Wheeler, an attorney in Pikeville, Ky., who ...

A coal company owned by West Virginia Gov. ... Johnson filed Chapter 11 bankruptcy in mid-2016, as did 13 coal industry entities he owned, including Producers Coal and Moussie Processing, all of which were ... In the cases handled in Knott County Circuit Court, both companies sued Justice on Dec.

"You don't recover from the loss of 13,000 coal industry jobs [in eastern Kentucky] since 2011 overnight." Today only seven companies produce coal near Hazard, including Blue Diamond Coal, ICG Hazard and Cumberland River Coal. During the industry's heyday, dozens of companies operated mines in ...

Along with presentations on the various aspects of the initiative, ARC's Director of Planning and Research Kostas Skordas was on hand to share the findings of a recently published five-part study that the ARC commissioned on the downturn of the coal industry and the impact that the downturn has had and ...

But the industry itself remains mired in long-term decline, a downturn that one of Trump's own government agencies predicts will only worsen over time. ... At the same time, energy companies that make decisions about investments in new power plants on a decades-long basis are choosing gas over coal.

(AP) -- Major utilities have found evidence of groundwater contamination at coal-burning power plants across the U.S. where landfills and man-made ... cast into uncertainty Thursday when the Trump administration announced it intends to roll back aspects of the program to reduce the industry's compliance ...

The coal industry was less thrilled. It argued that it was not technically possible to keep within the new limits, and lobby group Euracoal, together with four German lignite companies and associations, filed a lawsuit against the European Commission in November. Now, two environmental groups have ...

Robert Murray, the CEO of America's biggest privately owned coal company, as well as associated coal companies, sued Oliver and HBO in June over a Last Week Tonight segment. This week, the presiding Judge Jeffrey Cramer granted a dismissal. “I find the arguments set forth in the Defendats' Motion to ...

A new analysis of future energy trends by Coal India Limited, the state-controlled company that produces the bulk of the developing nation's coal, finds that the falling cost of renewables, improvements in energy efficiency, and the global push to address climate change could significantly decrease demand ...

Now that we've all survived another Earth Day, it's time for Inside Climate News to start delivering the bad news by the truckload again. The Arctic's frozen permafrost holds some 15 million gallons of mercury. The region has nearly twice as much mercury as all other soils, the ocean and the atmosphere ...

Bucshon said that the bill would also "level the playing field" between the coal industry and renewable energy, which he said has benefited from large subsidies in recent years. ... Bruce Stephens, president of the Indiana Coal Council, said that the tax credit will help companies postpone plant retirements.

Having failed to obtain bailouts for failing coal plants and mines by way of policy actions from the U.S. Department of Energy and the Federal Energy Regulatory Commission, the coal industry has now turned to its friends in Congress. Rep. Larry Bucshon Larry Dean BucshonFix 340B drug discount ...

Wyoming coal companies only added five full-time jobs between the bottom of the bust in 2016 and last year, according the Wyoming State Mine Inspector's annual ... According to the Mining Association's count last year, the coal industry lost more than 900 jobs during the downturn and about 300 returned.