Cloud Peak Energy (CLD) Tops Q4 EPS by 26c
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Cloud Peak Energy Inc. Announces Results for the Fourth Quarter and Full Year 2017
February 15, 2018 4:15 PM ESTGILLETTE, Wyo.--(BUSINESS WIRE)-- Cloud Peak Energy Inc. (NYSE: CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (PRB) coal company, today announced results for the fourth quarter and full year 2017.
Highlights and Recent Developments
Net income for the fourth quarter of $17.8 million on 13.5 million tons of shipments, which included a valuation allowance release of approximately $30 million related to the anticipated recovery of AMT value. Achieved the lowest all injury frequency rate, 0.17 injuries per 200,000 hours... More