Press Archives

Corporate Press Releases

  • November 19, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD) (“CPE Inc.”) announced that it has terminated the public offering of shares of its mandatory convertible preferred stock previously announced on November 18, 2014. The termination results from an assessment by CPE Inc.’s management that current market conditions are not conducive for an offering on terms that would be in the best interests of CPE Inc.’s stockholders. As a result of this termination, no sharesmore...
  • November 18, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE: CLD) (“CPE Inc.”) announced that it has commenced a registered underwritten public offering of its Series A mandatory convertible preferred stock consisting of 100,000 shares with a liquidation preference of $1,000 per share. CPE Inc. intends to grant the underwriters a 30-day option to purchase up to 15,000 additional shares of mandatory convertible preferred stock to cover over-allotments, if any. CPE Inc. intendsmore...
  • September 15, 2014
    GILLETTE, Wyo. & SALT LAKE CITY--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (PRB) coal company, and Ambre Energy Limited, an Australian and U.S. thermal coal mining and export company, today announced that on September 12, 2014, their companies completed the previously announced transaction for Ambre Energy to purchase Cloud Peak Energy’s 50% interest in the Decker mine in Montana and related assets andmore...
  • September 5, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, today announced that it has amended its $500 million revolving credit facility to relax certain financial covenants, including the net secured debt leverage ratio and interest coverage ratio. Michael Barrett, Executive Vice President and Chief Financial Officer, commented, “We are pleased to havemore...
  • September 2, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE: CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (PRB) coal company, announced that its current Executive Vice President and Chief Financial Officer, Michael Barrett, is planning to relocate his family back to Australia and is expected to resign from Cloud Peak Energy by the end of the first quarter of 2015. Barrett has served as Cloud Peak Energy’s Executive Vice President andmore...
  • August 20, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, announced today it has agreed to pay $45 million to Rio Tinto to terminate the Tax Receivable Agreement (“TRA”) that was established at the time of Cloud Peak Energy’s Initial Public Offering in 2009. Under the acceleration and release agreement with Rio Tinto, this payment settles all future liabilities thatmore...
  • May 14, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Following its annual meeting of stockholders today, Cloud Peak Energy Inc. (NYSE: CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (PRB) coal company, announced that the company’s stockholders have elected current directors William Fox III and James Voorhees to its Board of Directors to serve until Cloud Peak Energy’s 2017 annual meeting. Cloud Peak Energy also announced that its stockholdersmore...
  • April 4, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy received the Silver Star of Excellence Award from the American Technical Education Association (ATEA) at their national conference in St. Paul, Minn. on March 27. The award, presented by ATEA and the National Technical Honor Society (NTHS), recognizes a company that is supportive and committed to postsecondary technical education. Mark Englert, Ph.D., Vice President/CEO of Gillette College, nominated Cloud Peak Energymore...
  • March 10, 2014
    GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE: CLD) today announced that its wholly-owned subsidiary Cloud Peak Energy Resources LLC (the “Company”) had received, as of 5:00 p.m., New York City time, today (the “Consent Expiration”), tenders and consents from the holders of approximately $278.4 million in aggregate principal amount, or approximately 92.81%, of the outstanding 8.250% Senior Notes due 2017 (the “Notes”) of the Company and its wholly-ownedmore...
  • February 28, 2014
    BUTTE, Mont.--(BUSINESS WIRE)--Cloud Peak Energy recently presented a donation for $20,000 to Montana Tech of the University of Montana as part of an ongoing partnership with the school. Since 2012, Cloud Peak Energy has contributed $60,000 to Montana Tech through the Cloud Peak Energy Endowed Scholarship. The scholarship, a commitment by Cloud Peak Energy for five years, has fostered a great recruiting relationship while making a positive impact on higher education in themore...

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