Cloud Peak Energy (CLD) Misses Q1 EPS by 3c
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Cloud Peak Energy Inc. Announces Results for First Quarter 2018
April 26, 2018 4:15 PM EDTGILLETTE, 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 first quarter of 2018.
Colin Marshall, President, Chief Executive Officer and Chief Operating Officer, commented, First quarter shipments were in line with expectations as colder weather in January increased burn and allowed utilities to reduce their stockpiled coal. We expect to see greater balance in coal supply and demand and improvements in coal pricing in the latter part of the year.... More
