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International Coal Group Reports 2010 Fourth Quarter and Full Year Operating Results
February 3, 2011
International Coal Group, Inc. reported its results for the fourth quarter of 2010. — Adjusted EBITDA was $47.8 million in the fourth quarter of 2010 compared to $40.3 million during the fourth quarter of 2009. — Net income was $9.6 million,…
Peabody Energy Reports 2010 Full Year Operating Results
February 3, 2011
Peabody Energy reported full-year 2010 EBITDA of $1.82 billion, a 41 percent increase over prior-year levels. Income from continuing operations rose 76 percent to $805.1 million, with diluted earnings per share from continuing operations of $2.87. Adjusted diluted earnings per share…
Kennametal Announces Strong Second Quarter Results; Increases Guidance for Fiscal Year 2011
February 3, 2011
Kennametal Inc. reported fiscal 2011 second quarter earnings per diluted share of $0.52 compared with prior year quarter reported EPS of $0.07. Absent restructuring and divestiture related charges, adjusted EPS for the current quarter were $0.57, compared with the prior year…
Patriot Coal Reports 2010 Fourth Quarter and Full Year Operating Results
February 2, 2011
Patriot Coal Corporation reported its financial results for the quarter and year ended December 31, 2010. The company reported revenues of $528.2 million, EBITDA of $42.8 million, net income of $7.3 million and net income per diluted share of $0.08 for…
Massey Energy Reports 2010 Fourth Quarter and Full Year Operating Results
February 2, 2011
Massey Energy Company reported a net loss of $70.1 million or $0.69 per share for the quarter ended December 31, 2010. The company generated $641.1 million of produced coal revenue in the quarter from the sale of 8.9 million tons of…
Arch Coal Reports 2010 Fourth Quarter and Full Year Operating Results
February 2, 2011
Arch Coal, Inc. reported fourth quarter 2010 net income of $47.8 million, or $0.29 per diluted share, compared with net income of $1.5 million, or $0.01 per diluted share, in the prior-year period. Excluding certain charges, fourth quarter 2010 adjusted net…
CONSOL Energy Posts Record $1.337 Billion of Quarterly Revenue
February 2, 2011
CONSOL Energy Inc., reported revenue of $1.337 billion for the quarter ended December 31, 2010. The company’s Coal Division led the 10 percent year over year increase by posting record coal revenue of $1.067 billion for the fourth quarter, driven by…
Western Coal is Hiring Experienced Miners at Two Mines in W. Va.
February 1, 2011
Western Coal Company is looking for experienced miners to help operate two of their mines out of Nicholas County. Western Coal has job openings at their Maple Coal Mine in Powellton and their mine in Summersville. The following jobs are available;…
EPA Schedules Five Listening Sessions; Clean Air Act’s Standards For Power Plants
February 1, 2011
The U.S. Environmental Protection Agency will hold five listening sessions to help the agency update the Clean Air Act pollution standards to reduce greenhouse gas emissions from fossil fuel power plants and petroleum refineries. The listening sessions will be open to…
W. Va. Sen. Rockefeller Floats Bill to Delay EPA Climate Rules by Two Years
February 1, 2011
Sen. Jay Rockefeller (D-W.Va.) introduced his bill to delay by two years the Environmental Protection Agency’s authority to regulate greenhouse gas emissions Monday. “We must give Congress enough time to consider a comprehensive energy bill to develop the clean coal technologies…
