Walter Energy (WLT) Moves Higher on Resumption

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Alpha Natural Resources (ANR) Confident it Can Pay Debt Without Tapping Equity

June 18, 2013 9:34 AM EDT

Yesterday analyst Lucas Pipes of Brean Capital met with management at Alpha Natural Resources (NYSE: ANR). During the meeting, management commented on liquidity, a hot topic given recent news that Walter Energy (NYSE: WLT) delayed plans to refinance its... More

Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)

June 17, 2013 5:48 PM EDT

(Updated - June 18, 2013 11:13 AM EDT)

Morgan Stanley today maintained an Overweight Walter Energy (NYSE: WLT) with a price target of $47.00. Analyst Evan Kurtz sees huge upside in the stock and thinks shares could climb even if the company announced an equity offering, although no offering in intended. Kurtz also believes the company's balance sheet is manageable.... More

Walter Energy (WLT) Refi Troubles Tied to Weakness in High-Yield Markets

June 17, 2013 10:35 AM EDT

Brean Capital today maintained a Hold rating on Walter Energy (NYSE: WLT). Shares declined last week after the company pulled plans to refinance its debt.

Commenting, analyst Lucas Pipes said, "The decision to withdraw the offering at this time was probably related to the... More

Walter Energy (WLT) Could Rebound as 'Fears Adjust to Reality' - Analyst

June 17, 2013 8:44 AM EDT

Last week shares of Walter Energy (NYSE: WLT) declined on reports it cancelled refinancing due to poor market conditions. Walter confirmed it postponed refinancing, but said it has no material debt principal payments due until 2015, and it requires no incremental funding at this time.... More

Walter Energy (WLT) Affirms Plans to Postpone Refinancing

June 14, 2013 3:57 PM EDT

Walter Energy Inc. (NYSE: WLT) said that it will not proceed at this time with a refinancing of a portion of its existing debt.

The Company had said in a Current Report on Form 8-K dated June 5, 2013, that it had begun... More