Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Westmoreland Resource Partners

DB:2OR1
Snowflake Description

Slightly overvalued with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2OR1
DB
$30K
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Westmoreland Resource Partners, LP, together with its subsidiaries, produces and markets thermal coal in the United States. The last earnings update was 233 days ago. More info.


Add to Portfolio Compare Print
  • Westmoreland Resource Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
2OR1 Share Price and Events
7 Day Returns
0%
DB:2OR1
0.8%
DE Oil and Gas
2.1%
DE Market
1 Year Returns
-
DB:2OR1
64.3%
DE Oil and Gas
7.7%
DE Market
2OR1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Westmoreland Resource Partners (2OR1) 0% 0% - - -98.6% -99.1%
DE Oil and Gas 0.8% 10.4% 23.4% 64.3% 33.9% 132.8%
DE Market 2.1% 8.5% 11.7% 7.7% 14.8% 21.9%
1 Year Return vs Industry and Market
  • No trading data on 2OR1.
  • No trading data on 2OR1.
Price Volatility
2OR1
Industry
5yr Volatility vs Market

Value

 Is Westmoreland Resource Partners undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Westmoreland Resource Partners to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Westmoreland Resource Partners.

DB:2OR1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2OR1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.91 (1 + (1- 21%) (1122847.8%))
5408.313
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 5.96%)
12.15%

Discounted Cash Flow Calculation for DB:2OR1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Westmoreland Resource Partners is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:2OR1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.15%)
2020 1.39 Est @ -46.24% 1.24
2021 0.94 Est @ -32.3% 0.75
2022 0.73 Est @ -22.54% 0.52
2023 0.61 Est @ -15.71% 0.39
2024 0.55 Est @ -10.93% 0.31
2025 0.51 Est @ -7.58% 0.25
2026 0.48 Est @ -5.24% 0.21
2027 0.46 Est @ -3.6% 0.18
2028 0.45 Est @ -2.45% 0.16
2029 0.44 Est @ -1.65% 0.14
Present value of next 10 years cash flows $4.00
DB:2OR1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.44 × (1 + 0.23%) ÷ (12.15% – 0.23%)
$3.72
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3.72 ÷ (1 + 12.15%)10
$1.18
DB:2OR1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4.00 + $1.18
$5.18
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5.18 / 1.28
$4.03
DB:2OR1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2OR1 represents 2.97876x of OTCPK:WMLP.Q
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
2.97876x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 4.03 x 2.97876
€12.02
Value per share (EUR) From above. €12.02
Current discount Discount to share price of €0.07
= -1 x (€0.07 - €12.02) / €12.02
99.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Westmoreland Resource Partners is available for.
Intrinsic value
>50%
Share price is €0.07 vs Future cash flow value of €12.02
Current Discount Checks
For Westmoreland Resource Partners to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Westmoreland Resource Partners's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Westmoreland Resource Partners's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Westmoreland Resource Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Westmoreland Resource Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2OR1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-6.08
OTCPK:WMLP.Q Share Price ** OTCPK (2019-08-09) in USD $0.02
Europe Oil and Gas Industry PE Ratio Median Figure of 98 Publicly-Listed Oil and Gas Companies 10.57x
Germany Market PE Ratio Median Figure of 405 Publicly-Listed Companies 19.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Westmoreland Resource Partners.

DB:2OR1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:WMLP.Q Share Price ÷ EPS (both in USD)

= 0.02 ÷ -6.08

-0x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Westmoreland Resource Partners is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Westmoreland Resource Partners is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Westmoreland Resource Partners's expected growth come at a high price?
Raw Data
DB:2OR1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 61 Publicly-Listed Oil and Gas Companies 0.88x
Germany Market PEG Ratio Median Figure of 260 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Westmoreland Resource Partners, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Westmoreland Resource Partners's assets?
Raw Data
DB:2OR1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-181.22
OTCPK:WMLP.Q Share Price * OTCPK (2019-08-09) in USD $0.02
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.12x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:2OR1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:WMLP.Q Share Price ÷ Book Value per Share (both in USD)

= 0.02 ÷ -181.22

-0x

* Primary Listing of Westmoreland Resource Partners.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Westmoreland Resource Partners has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.
X
Value checks
We assess Westmoreland Resource Partners's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Westmoreland Resource Partners has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Westmoreland Resource Partners expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Westmoreland Resource Partners has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-4.8%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Westmoreland Resource Partners expected to grow at an attractive rate?
  • Unable to compare Westmoreland Resource Partners's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Westmoreland Resource Partners's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Westmoreland Resource Partners's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:2OR1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -4.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2OR1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2OR1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 268 11 -8
2018-09-30 265 15 -8
2018-06-30 288 17 -7
2018-03-31 305 32 -2
2017-12-31 312 40 -2
2017-09-30 324 38 -1
2017-06-30 328 47 -3
2017-03-31 328 41 0
2016-12-31 346 41 -8
2016-09-30 346 29 -18
2016-06-30 350 12 -30
2016-03-31 365 24 -39

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Westmoreland Resource Partners is high growth as no earnings estimate data is available.
  • Unable to determine if Westmoreland Resource Partners is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2OR1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Westmoreland Resource Partners Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2OR1 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -6.08
2018-09-30 -6.27
2018-06-30 -5.55
2018-03-31 -1.53
2017-12-31 -1.34
2017-09-30 -0.77
2017-06-30 -1.03
2017-03-31 0.03
2016-12-31 -1.71
2016-09-30 -3.21
2016-06-30 -2.42
2016-03-31 -3.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Westmoreland Resource Partners will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 2OR1’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Westmoreland Resource Partners's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Westmoreland Resource Partners's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Westmoreland Resource Partners's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Westmoreland Resource Partners has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Westmoreland Resource Partners performed over the past 5 years?

  • Westmoreland Resource Partners's last earnings update was 233 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Westmoreland Resource Partners's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Westmoreland Resource Partners does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Westmoreland Resource Partners's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Westmoreland Resource Partners's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Westmoreland Resource Partners's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Westmoreland Resource Partners Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2OR1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 267.84 -7.81 23.44
2018-09-30 265.43 -8.05 23.61
2018-06-30 288.25 -7.13 22.54
2018-03-31 305.01 -1.97 19.25
2017-12-31 312.01 -1.71 17.23
2017-09-30 323.74 -1.04 15.42
2017-06-30 328.45 -2.58 14.11
2017-03-31 327.86 0.11 13.24
2016-12-31 345.54 -8.27 12.61
2016-09-30 346.35 -18.39 13.53
2016-06-30 350.37 -29.65 14.39
2016-03-31 365.34 -38.60 16.22
2015-12-31 380.10 -40.00 17.12
2015-09-30 361.86 -53.06 15.37
2015-06-30 362.04 -30.61 14.93
2015-03-31 348.60 -27.09 13.52
2014-12-31 319.36 -26.83 13.01
2014-09-30 335.74 -11.34 17.83
2014-06-30 328.82 -26.42 14.22
2014-03-31 333.85 -28.00 16.80
2013-12-31 343.57 -24.43 17.30
2013-09-30 345.24 -22.46 14.15
2013-06-30 354.86 -20.22 18.06
2013-03-31 359.79 -17.23 15.74
2012-12-31 369.93 -26.27 15.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Westmoreland Resource Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Westmoreland Resource Partners used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Westmoreland Resource Partners improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Westmoreland Resource Partners's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Westmoreland Resource Partners has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Westmoreland Resource Partners's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Westmoreland Resource Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Westmoreland Resource Partners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Westmoreland Resource Partners's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Westmoreland Resource Partners's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Westmoreland Resource Partners has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Westmoreland Resource Partners Company Filings, last reported 10 months ago.

DB:2OR1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -201.37 333.25 38.80
2018-09-30 -185.81 334.01 25.81
2018-06-30 -168.38 326.30 28.23
2018-03-31 -74.53 325.13 37.49
2017-12-31 -61.63 323.83 36.74
2017-09-30 -42.23 323.02 22.35
2017-06-30 -40.86 321.40 23.10
2017-03-31 -38.45 319.55 20.23
2016-12-31 -28.11 317.65 15.09
2016-09-30 -23.80 315.92 8.87
2016-06-30 -15.24 314.47 5.61
2016-03-31 3.15 303.20 8.66
2015-12-31 13.15 301.38 3.71
2015-09-30 26.56 297.41 11.58
2015-06-30 55.23 175.87 12.77
2015-03-31 62.74 176.36 1.79
2014-12-31 107.99 186.67 6.00
2014-09-30 -14.23 148.96 7.45
2014-06-30 -24.05 163.62 3.53
2014-03-31 -21.16 167.64 4.64
2013-12-31 -11.00 163.28 3.09
2013-09-30 -3.19 158.42 2.74
2013-06-30 1.59 167.98 6.04
2013-03-31 5.31 155.02 5.34
2012-12-31 11.33 144.54 3.98
  • Westmoreland Resource Partners has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Westmoreland Resource Partners's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (3.3%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Westmoreland Resource Partners's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Westmoreland Resource Partners's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Westmoreland Resource Partners has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Westmoreland Resource Partners's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Westmoreland Resource Partners dividends.
If you bought €2,000 of Westmoreland Resource Partners shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Westmoreland Resource Partners's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Westmoreland Resource Partners's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2OR1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 69 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2OR1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-18 0.000 0.000
2018-11-01 0.000 0.000
2018-08-06 0.000 0.000
2018-05-04 0.000 0.000
2018-04-02 0.000 0.000
2017-10-27 0.462 17.587
2017-07-28 0.533 18.013
2017-05-01 0.533 17.738
2017-01-27 0.533 10.616
2016-10-28 0.533 9.380
2016-07-28 0.800 14.058
2016-04-27 0.800 15.138
2016-01-22 0.800 19.137
2015-10-23 0.800 18.897
2015-07-24 0.800 10.813
2015-04-28 0.800 8.138
2015-04-24 0.800 6.680
2014-08-05 0.000 0.000
2014-05-06 0.000 0.000
2014-03-04 0.000 0.000
2013-11-05 0.000 0.000
2013-08-06 0.000 0.000
2013-05-15 0.000 0.000
2013-01-29 0.000 0.000
2012-10-31 7.680 14.996
2012-08-07 16.800 18.984
2012-07-27 1.750 2.103
2012-05-09 16.800 23.348
2012-05-03 16.800 20.396
2012-03-21 1.750 2.097
2012-03-14 16.800 22.563
2012-02-29 16.800 21.377
2012-01-27 1.750 1.212
2011-11-09 16.800 10.582
2011-11-03 16.800 10.435
2011-10-21 1.750 1.021
2011-08-08 16.800 10.138
2011-08-04 16.800 10.069
2011-07-22 1.750 0.884
2011-05-06 16.800 7.481
2011-05-05 16.800 7.154
2011-04-25 1.750 0.711
2011-03-18 16.800 6.502
2011-02-24 16.800 6.829
2011-01-21 1.750 0.699
2010-11-09 16.800 7.442

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Westmoreland Resource Partners has not reported any payouts.
  • Unable to verify if Westmoreland Resource Partners's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Westmoreland Resource Partners's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Westmoreland Resource Partners has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Westmoreland Resource Partners's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Westmoreland Resource Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Westmoreland Resource Partners has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Westmoreland Resource Partners's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gerry Tywoniuk
COMPENSATION $155,002
AGE 58
TENURE AS CEO 0.7 years
CEO Bio

Mr. Gerald Allen Tywoniuk, also known as Gerry is an Acting Chief Executive Officer and Acting Secretary at Westmoreland Resource Partners, LP since March 15, 2019. He served as the Chief Financial Officer and Senior Vice President of Pacific Energy GP, LP. Mr. Tywoniuk has over 35 years of experience in accounting, planning, information systems, finance and management, including 12 years as the Chief Financial Officer of three public companies and Controller of a fourth public company. He has in-depth knowledge of the mining industry. He served as the Chief Financial Officer of Pacific Energy Resources Ltd. from August 15, 2008 to May 2010, Acting Chief Executive Officer since September 2009 and Plan Representative since December 2010. Mr. Tywoniuk served as Senior Vice President of Finance at Pacific Energy Resources Ltd. since June 30, 2008 and Secretary since October 8, 2008. He was a Consultant on a part-time basis at Pacific Energy Resources until August 2013. Mr. Tywoniuk joined Pacific Energy with an extensive background in the oil and gas industry and has 15 years of financial leadership as Chief Financial Officer of two public companies and Vice President Corporate Controller of a third. Mr. Tywoniuk has a proven track record in leading organizations through various cycles of growth including optimizing financial structure through debt reduction. Mr. Tywoniuk has a diversity of experience in capital markets, accounting, internal controls, acquisitions and risk management. Mr. Tywoniuk served as Senior Vice President, Chief Financial Officer and Treasurer of Pacific Energy Management LLC, the General Partner of Pacific Energy Partners LP from December 2002 to March 2007 and also served as its Principal Accounting Officer. From August 1993 to March 1997, Mr. Tywoniuk served as Controller and Vice President of Echo Bay Mines Ltd. From September 1985 to July 1993, he held a variety of corporate and mine site roles with Echo Bay. Prior to September 1985, Mr. Tywoniuk was employed with two public accounting firms, including KPMG. Mr. Tywoniuk served as Interim Senior Vice President of Finance and Senior Consultant to the Chief Financial Officer at CIBER, Inc. since May 2010. He served as Chief Financial Officer and Senior Vice President of Finance at MarkWest Energy Partners LP from 1997 to 2002. He served as Senior Vice President of Finance at MarkWest Hydrocarbon, Inc. from December 2001 to November 2002, Chief Financial Officer from December 2001 to November 2002 and also served as its Secretary. Prior to that, Mr. Tywoniuk served as Vice President of Finance at MarkWest Hydrocarbon since April 1997. He serves as a Director of American Midstream Chatom Unit 2, LLC. He has been an Independent Director of Westmoreland Resources GP, LLC, the general Partner of Westmoreland Resource Partners, LP since January 2009 and Chairman since February 27, 2018. He had been an Independent Director of American Midstream GP LLC, the General Partner of American Midstream Partners, LP since May 2011. He has been an Independent Director of Landmark Infrastructure Partners GP LLC, the General Partner of Landmark Infrastructure Partners LP since January 13, 2015. He serves as a Director at American Midstream Chatom, LLC, Jardine Motors Group France SA and American Midstream (Alabama Intrastate), LLC. He served as an Independent Director at Oxford Resources GP LLC, the General Partner of Oxford Resource Partners, L.P. since January 2009. He served as a Director of MarkWest Hydrocarbon Inc., from 1997 to November 2002. He is a Canadian Chartered Accountant. From March 2007 to June 2008, he was an Independent Consultant in accounting and finance. Mr. Tywoniuk holds a Bachelor of Commerce Degree from the University of Alberta in 1982. Mr. Tywoniuk has been providing Interim and project CFO consulting services since May 2010.

CEO Compensation
  • Gerry's compensation has increased whilst company is loss making.
  • Insufficient data for Gerry to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Gerry Tywoniuk

TITLE
Chairman of the Board
COMPENSATION
$155K
AGE
58
TENURE
0.7 yrs
Board of Directors

Gerry Tywoniuk

TITLE
Chairman of the Board
COMPENSATION
$155K
AGE
58
TENURE
1.8 yrs

Kurt Kost

TITLE
Independent Director
COMPENSATION
$145K
AGE
62
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. Mar 19 Buy Westmoreland Coal Company Company 14. Mar 19 14. Mar 19 182,448 €0.01 €1,614
X
Management checks
We assess Westmoreland Resource Partners's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Westmoreland Resource Partners has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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, Ohio, and West Virginia. Westmoreland Resources GP, LLC operates as the general partner of the company. The company was formerly known as Oxford Resource Partners, LP and changed its name to Westmoreland Resource Partners, LP in January 2015. The company was founded in 1985 and is based in Englewood, Colorado. Westmoreland Resource Partners, LP is a subsidiary of Westmoreland Coal Company.

Details
Name: Westmoreland Resource Partners, LP
2OR1
Exchange: DB
Founded: 1985
$26,806
1,284,840
Website: http://www.westmorelandmlp.com
Address: Westmoreland Resource Partners, LP
9540 South Maroon Circle,
Suite 300,
Englewood,
Colorado, 80112,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK WMLP.Q Common Units Pink Sheets LLC US USD 14. Jul 2010
DB 2OR1 Common Units Deutsche Boerse AG DE EUR 14. Jul 2010
Number of employees
Current staff
Staff numbers
0
Westmoreland Resource Partners employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/06 21:10
End of day share price update: 2019/08/09 00:00
Last earnings filing: 2019/03/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.