Walter Energy Takes Hit from Low Met Coal Pricing in Second-Quarter 2013, Sees Tough Market Ahead

Walter Energy Takes Hit from Low Met Coal Pricing in Second-Quarter 2013, Sees Tough Market Ahead

Walter Energy Takes Hit from Low Met Coal Pricing in Second-Quarter 2013, Sees Tough Market Ahead

SUGAR LAND--August 2, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Leading metallurgical coal producer Walter Energy Incorporated (NYSE:WLT) (Birmingham, Alabama) saw a sharp decline in revenues and profits in the second quarter of 2013, as a difficult global environment for metallurgical (or "met") coal resulted in weakened pricing and lower sales volumes. Industrial Info is tracking more than $1.3 billion in active projects involving Walter Energy.

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