New Wei, Inc, fomerly Walter Energy, Inc. is a producer and exporter of metallurgical coal for the steel industry from underground and surface mines with mineral reserves located in the United States, Canada and the United Kingdom. It also extracts, processes, markets and/or possesses mineral reserves of thermal coal and anthracite coal, as well as produces metallurgical coke and coal bed methane gas. Its two segments include U.S. Operations, and Canadian and U.K. Operations. The U.S. Operations segment includes the operations of its underground mines, surface mines, coke plant and natural gas operations located in Alabama and its underground and surface mining operations located in West Virginia. The Canadian and U.K. Operations segment includes three surface metallurgical coal mines in Northeast British Columbia's coalfields, which include the Wolverine Mine, the Brule Mine, and the Willow Creek Mine.
Industry, Sector and Symbol:
- Sector: Materials
- Industry: Metals & Mining
- Sub-Industry: Diversified Metals & Mining
- Symbol: NYSE:WLT
- CUSIP: 93317Q10
- Web: www.walterenergy.com
- 50 Day Moving Avg: $0.33
- 200 Day Moving Avg: $0.71
- 52 Week Range: $0.16 - $6.84
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.04
- P/E Growth: 0.0000
- Net Margins: -85.85%
- Return on Assets: -31.00%
- Average Volume: 1.83 million shs.
Frequently Asked Questions for New Wei (NYSE:WLT)
What is New Wei's stock symbol?
New Wei trades on the New York Stock Exchange (NYSE) under the ticker symbol "WLT."
How were New Wei's earnings last quarter?
New Wei Inc (NYSE:WLT) released its quarterly earnings results on Tuesday, February, 17th. The company reported ($1.97) earnings per share for the quarter, missing analysts' consensus estimates of ($1.59) by $0.38. The company had revenue of $285.60 million for the quarter. New Wei's revenue was down 39.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.55) EPS. View New Wei's Earnings History.
Who are some of New Wei's key competitors?
Who are New Wei's key executives?
New Wei's management team includes the folowing people:
- William Harvey, President, Chief Financial Officer, Executive Vice President, Treasurer, Secretary, Director
How do I buy New Wei stock?
Shares of New Wei can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is New Wei's stock price today?
MarketBeat Community Rating for New Wei (NYSE WLT)MarketBeat's community ratings are surveys of what our community members think about New Wei and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of New Wei stock can currently be purchased for approximately $0.16.
Consensus Ratings for New Wei (NYSE:WLT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for New Wei (NYSE:WLT)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for New Wei (NYSE:WLT)Earnings History by Quarter for New Wei (NYSE WLT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/30/2014||Q314||($1.63)||($1.48)||$333.82 million||$329.55 million||View||Listen|
|7/31/2014||Q214||($1.69)||($1.97)||$376.50 million||$378.40 million||View||Listen|
|5/1/2014||Q114||($1.22)||($1.50)||$447.21 million||$413.90 million||View||Listen|
|2/20/2014||Q413||($0.84)||($0.55)||$477.44 million||$472.00 million||View||Listen|
|10/30/2013||Q313||($1.02)||($1.68)||$454.80 million||$455.80 million||View||Listen|
|8/1/2013||Q2 2013||($0.75)||($0.55)||$472.88 million||$441.50 million||View||Listen|
|5/1/2013||Q1 2013||($0.87)||($0.64)||$504.90 million||$491.30 million||View||Listen|
|2/20/2013||Q4 2012||($0.93)||($1.13)||$511.31 million||$478.78 million||View||Listen|
|11/5/2012||Q312||$0.52||$0.48||$648.97 million||$612.00 million||View||N/A|
Earnings Estimates for New Wei (NYSE:WLT)
Current Year EPS Consensus Estimate: $-5.7100 EPS
Next Year EPS Consensus Estimate: $-4.6600 EPS
Current Dividend Information for New Wei (NYSE:WLT)
|Most Recent Dividend:||12/5/2014|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for New Wei (NYSE WLT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for New Wei (NYSE:WLT)Insider Trades by Quarter for New Wei (NYSE:WLT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/3/2014||A J Wagner||Director||Sell||5,000||$2.03||$10,150.00|| |
|11/13/2014||Joseph B Leonard||Director||Sell||18,100||$2.85||$51,585.00|| |
|11/1/2013||David R Beatty||Director||Buy||10,000||$16.87||$168,700.00|| |
|8/9/2013||David Beatty||Director||Buy||10,000||$12.49||$124,900.00|| |
|8/6/2013||Robert Kerley||CAO||Buy||1,000||$10.73||$10,730.00|| |
|6/7/2013||Patrick A Kriegshauser||Director||Buy||3,000||$15.64||$46,920.00|| |
|5/13/2013||Michael T Tokarz||Director||Buy||25,000||$19.00||$475,000.00|| |
|5/9/2013||A J Wagner||Director||Buy||5,000||$18.89||$94,450.00|| |
|5/8/2013||Michael T Tokarz||Director||Buy||25,000||$17.75||$443,750.00|| |
|5/6/2013||David R Beatty||Director||Buy||5,000||$17.72||$88,600.00|| |
|5/6/2013||Walter J Scheller||CEO||Buy||8,585||$17.57||$150,838.45|| |
|8/8/2012||Jerry W Kolb||Director||Buy||1,450||$36.74||$53,273.00|| |
|8/7/2012||David R Beatty||Director||Buy||5,000||$37.49||$187,450.00|| |
|8/6/2012||A J Wagner||Director||Buy||5,000||$37.25||$186,250.00|| |
Headline Trends for New Wei (NYSE:WLT)
Latest Headlines for New Wei (NYSE:WLT)
New Wei (WLT) Chart for Friday, September, 22, 2017