Low Prices To Spoil Walter 1Q
Depressed coal prices and flattish sales volumes are expected to affect Walter Energy Inc.’s (NYSE:WLT) first quarter results. The company expects its first quarter 2012 sales volume to be 2.4 million metric tons, flat quarter over quarter. The average selling prices are expected to be lower than the sequentially preceding quarter. Walter’s Hard Coking Coal [...]
Depressed coal prices and flattish sales volumes are expected to affect Walter Energy Inc.’s (NYSE:WLT) first quarter results. The company expects its first quarter 2012 sales volume to be 2.4 million metric tons, flat quarter over quarter. The average selling prices are expected to be lower than the sequentially preceding quarter. Walter’s Hard Coking Coal (HCC) variety sales price is expected to be down 10% while its pulverized coal injection (PCI) variety is estimated to decline by 15% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards