Coal

Murray Energy Files for Chapter 11
Credit & Capital

Murray Energy Files for Chapter 11

At least seven coal companies have filed for bankruptcy protection this year as consumers shift to renewable energy sources.
By Lauren Muskett | October 29, 2019
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Coal Bankruptcies Continue With Blackhawk Filing
Credit & Capital

Coal Bankruptcies Continue With Blackhawk Filing

The company is seeking to reduce a $1 billion debt burden resulting from acquisitions of the assets of distressed mining firms.
By Matthew Heller | July 22, 2019
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Armstrong Energy Succumbs to Coal Slump
Bankruptcy

Armstrong Energy Succumbs to Coal Slump

The Western Kentucky coal producer's bankruptcy illustrates the challenges facing President Trump's vision of a coal industry revival.
By Matthew Heller | November 2, 2017
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Pressed by Investors, CFOs Awake to Sustainability
Risk Management

Pressed by Investors, CFOs Awake to Sustainability

Finance chiefs' indifference to sustainability is slowly — and irreversibly — starting to change, a corporate valuation expert observes.
By David Katz | March 30, 2017
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Big Banks Pledge to Cut Coal Industry Lending
Risk

Big Banks Pledge to Cut Coal Industry Lending

Morgan Stanley and Wells Fargo commit to reducing credit exposures, but the coal industry is in decline anyway.
By Matthew Heller | December 2, 2015
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No. 2 U.S. Coal Miner Sparks Bankruptcy Fears
Strategy

No. 2 U.S. Coal Miner Sparks Bankruptcy Fears

Arch Coal may have to file Chapter 11 bankruptcy unless bondholders approve a debt swap.
By Matthew Heller | September 23, 2015
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Goldman Sells Last Physical Commodity Asset
Strategy

Goldman Sells Last Physical Commodity Asset

The sale of a Colombian mining operation at a steep loss completes Goldman Sachs' exit from the commodity business after nearly 35 years.
By Matthew Heller | August 14, 2015
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Eighteen Months Later, A Second Bankruptcy
Credit & Capital

Eighteen Months Later, A Second Bankruptcy

Scott Depot, W.Va.-based energy company Patriot Coal is now in talks with a potential buyer, just a year and a half after emerging from Chapter 11.
By Katie Kuehner-Hebert | May 12, 2015
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