WLB Westmoreland Coal Co. Second Quarter Results Net Loss Reduced
WLB Westmoreland Coal Co.
Energy Company Westmoreland Coal Company declared a reduced net loss applicable to common shareholders per basic and diluted common share for the quarter ended 30 June 2009. The company benefited from reduced corporate and stock compensation expenses.
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ABOUT Westmoreland Coal
Westmoreland Coal Company, through its subsidiaries, operates as an energy company in the United States. It engages in the production and sale of coal used to produce electric power. The company’s properties include the Absaloka Mine, the Rosebud Mine, and the Savage Mine located in Montana; the Beulah Mine situated in North Dakota; and the Jewett Mine located in Texas. It also owns the Roanoke Valley, a power project, which consists of 2 coal-fired units with a total generating capacity of 230 megawatts. The company was founded in 1854 and is based in Colorado Springs, Colorado.
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