- Published: Monday, 03 October 2016 11:12
- Written by E&MJ News
Despite a year-on-year drop in coal shipments, Cloud Peak Energy (CPE), which operates exclusively in Wyoming’s Powder River Basin, reported a respectable $35.3 million net income for the quarter. For the period ended June 30, the company reported total revenue of $174.2 million with 11.9 million tons sold. That is compared to $244.1 million in revenue and 16 million tons sold for the comparable 2015 quarter.