Walter Energy Inc (NYSE:WLT)

1.50
Data as of Dec 17
 -0.07 / -4.46%
Today’s Change
1.47
Today|||52-Week Range
17.42
-90.98%
Year-to-Date
SECTOR
Energy Minerals
INDUSTRY
Coal
MARKET CAP
$106.9M

Company Description

Walter Energy, Inc. is a producer and exporter of metallurgical coal for the global steel industry. It also produces thermal coal, anthracite, metallurgical coke and coal bed methane gas and other related products. The company operates through following reportable segments: U.S. Operations, Canadian and U.K. Operations, and Other. The U.S. Operations segment includes hard coking coal and thermal coal mines in both Alabama and West Virginia, a coke plant in Alabama, and coal bed methane extraction operations also located in Alabama. The Alabama operations consist of two underground hard coking coal mines in Southern Appalachia's Blue Creek coal seam, one underground thermal coal mine, one surface hard coking coal mine and two surface hard coking and thermal coal mines. The West Virginia operations acquired four mines on two properties in West Virginia through the acquisition of Western Coal. The Mines on these properties produce both hard coking and thermal coal. The two properties are the Gauley Eagle and Maple properties and each has an underground mine and surface mine. The Canadian mining operations segment currently operate three surface metallurgical coal mines in Northeast British Columbia's coalfields. Within British Columbia, the company holds the right to two large multi-deposit coal property groups: the Wolverine group, including the Perry Creek, EB and Hermann deposits; and the Brazion group, including the Brule Mine and the Willow Creek Mine and less explored portions of these properties and adjacent properties. The U.K. mining operation segment consists of an underground and surface mine located in South Wales. Walter Energy was founded by James Willis Walter in 1987 and is headquartered in Birmingham, AL.

Contact Information

Walter Energy, Inc.
3000 Riverchase Galleria
Birmingham Alabama 35244
P:(205) 745-2000
Investor Relations:
(205) 745-2627

Employees

Shareholders

Other institutional43.91%
Mutual fund holders27.80%
Individual stakeholders26.42%

Top Executives

Walter J. SchellerChief Executive Officer & Director
William G. HarveyChief Financial Officer & Executive Vice President
Earl H. DoppeltSecretary, Executive VP & General Counsel
Michael T. MaddenChief Commercial Officer & Senior Vice President
Kevin M. HarriganChief Accounting Officer, VP & Controller

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