By Matthew Tipps
September 2, 2018 - Media coverage about Westmoreland Resource Partners (NYSE:WMLP) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westmoreland Resource Partners earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned headlines about the energy company an impact score of 47.120161193266 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
WMLP stock traded up $0.04 during midday trading on Friday, reaching $1.89. The company had a trading volume of 6,504 shares, compared to its average volume of 437,806. The company has a quick ratio of 0.15, a current ratio of 0.19 and a debt-to-equity ratio of -0.04. Westmoreland Resource Partners has a fifty-two week low of $0.98 and a fifty-two week high of $5.58. The company has a market cap of $2.43 million, a P/E ratio of 1.99 and a beta of 1.25.
Westmoreland Resource Partners, LP, together with its subsidiaries, produces and markets thermal coal in the United States. The company also produces surface mined coal. It operates 1 surface mine in Wyoming; and 4 active mining complexes in Ohio comprising 13 surface mines. The company markets its coal to electric utilities with coal-fired power plants under coal sales contracts; and electric cooperatives, municipalities, and industrial customers in Wyoming, Kentucky, Michigan, Ohio, and West Virginia.