Westmoreland Resource Partners, LP (WMLP) Stock Analysis
DELISTED 2018
What happened to Westmoreland Resource Partners, LP (WMLP) stock?
Westmoreland Resource Partners, LP (WMLP) no longer trades on public markets. It was delisted in October 2018. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Westmoreland Resource Partners, LP (WMLP) trades at $2.07. Westmoreland Resource Partners, LP was focused on thermal coal production in the United States. The company emerged from bankruptcy in 2018 and subsequently underwent liquidation. Sector: Energy.
Last analyzed: Mar 16, 2026Analyst Coverage for WMLP: WMLP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates WMLP against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
WMLP: 1/2 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Westmoreland Resource Partners, LP (WMLP) Energy Operations & Outlook
Westmoreland Resource Partners, LP, now undergoing liquidation, was previously a significant thermal coal producer in the United States. The company's operations focused on surface mining and coal sales to power generation facilities, primarily in the eastern U.S. before its financial restructuring.
What Is the Investment Thesis for WMLP?
Westmoreland Resource Partners, LP's investment thesis is now centered on its liquidation process. The primary value driver is the recovery rate from asset sales during liquidation. Investors should monitor the progress of asset sales and the distribution of proceeds to creditors. Key risk factors include the uncertainty of asset valuations and the potential for delays in the liquidation process. Given the company's financial history, potential investors should carefully evaluate the remaining assets and liabilities to assess the potential recovery value. The company's negative profit margin of -51.4% and a P/E ratio of -0.09 reflect its financial struggles before liquidation.
Based on FMP financials and quantitative analysis
WMLP Key Highlights
Gross margin of 98.8% reflects the potential profitability of coal extraction before considering operating expenses and debt obligations.
- Negative profit margin of -51.4% indicates significant financial challenges and losses before liquidation.
- Beta of 1.57 suggests the stock was more volatile than the market average before its delisting.
- The company underwent Chapter 11 bankruptcy in 2018, leading to asset sales and liquidation.
- No dividend yield reflects the company's inability to return capital to shareholders due to financial difficulties.
Who Are WMLP's Competitors?
WMLP is benchmarked below against 5 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BTU Peabody Energy Corporation | $26.85 | +6.63% | $3.27B | 50 |
| ARCH Arch Resources, Inc. | $134.83 | +0.70% | $2.44B | 44 |
| CEIX CONSOL Energy Inc. | $84.16 | +0.39% | $2.47B | 55 |
| IMYCF Inner Mongolia Yitai Coal Co.,Ltd | $1.80 | +0.00% | $4.42B | 39 |
| NHPEF New Hope Corporation Limited | $4.00 | +5.54% | $3.38B | 48 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are WMLP's Key Strengths?
Historically, long-term supply agreements
- Historically, network of mines and transportation infrastructure
- Historically, access to coal reserves
What Are WMLP's Weaknesses?
Declining demand for thermal coal
- High debt levels leading to bankruptcy
- Negative profit margin
What Could Drive WMLP Stock Higher?
Progress in asset sales during liquidation.
- Reduction of liabilities during liquidation.
- Favorable market conditions for coal assets.
What Are the Key Risks for WMLP?
Delays in the liquidation process.
- Lower-than-expected asset valuations.
- Increased legal and administrative expenses.
- Declining demand for thermal coal.
- Environmental regulations restricting coal use.
What Are the Growth Opportunities for WMLP?
- Asset Sales Optimization: Maximizing the value of asset sales during liquidation could provide some return to creditors. The success of this strategy depends on the market conditions for coal mining assets and the efficiency of the liquidation process. Timeline: Ongoing during the liquidation process.
- Liability Management: Effectively managing and reducing liabilities during liquidation can improve the recovery rate for stakeholders. This involves negotiating with creditors and minimizing legal and administrative expenses. Timeline: Ongoing during the liquidation process.
- Restructuring Expertise: Engaging experienced restructuring professionals to manage the liquidation process can enhance efficiency and maximize asset values. This requires careful selection of advisors with expertise in the coal industry and bankruptcy proceedings. Timeline: Ongoing during the liquidation process.
- Market Conditions for Coal Assets: Favorable market conditions for coal mining assets could increase the value of asset sales. This depends on factors such as energy prices, regulatory changes, and demand for coal in specific regions. Timeline: Dependent on external market factors.
- Strategic Partnerships: Forming strategic partnerships with other companies involved in the liquidation process can streamline operations and improve outcomes. This could involve collaborating with asset buyers, creditors, or other stakeholders. Timeline: Dependent on partnership opportunities.
What Threats Does WMLP Face?
- Environmental regulations restricting coal use
- Competition from natural gas and renewable energy
- Uncertainty in asset valuations during liquidation
What Are WMLP's Competitive Advantages?
- Long-term supply agreements (historically)
- Network of mines and transportation infrastructure (historically)
- Access to coal reserves (historically)
What Does WMLP Do?
Westmoreland Resource Partners, LP was established to operate and develop thermal coal mines, primarily supplying coal to electricity generating power plants. Before its financial difficulties, the company focused on surface mining operations, extracting coal from deposits and selling it under long-term supply agreements. The company's history involves acquiring and optimizing coal mining assets to serve the energy sector's demands. Westmoreland aimed to provide a consistent supply of thermal coal, which is crucial for base-load electricity generation. The company's operations were concentrated in the eastern United States, where it maintained a network of mines and transportation infrastructure to efficiently deliver coal to its customers. Following a Chapter 11 bankruptcy filing in 2018, the company underwent a restructuring process focused on asset sales and liquidation. The bankruptcy was driven by challenging market conditions in the coal industry, including declining demand and increased competition from alternative energy sources. The company's liquidation marks a significant shift in its operational status, as it no longer functions as an active coal producer.
What Products and Services Does WMLP Offer?
- Operated thermal coal mines.
- Extracted coal through surface mining techniques.
- Sold coal to electricity generating power plants.
- Maintained long-term supply agreements with customers.
- Managed a network of mines and transportation infrastructure.
- Underwent Chapter 11 bankruptcy and liquidation.
How Does WMLP Make Money?
- Extract thermal coal from mines.
- Sell coal to power plants under long-term contracts.
- Generate revenue based on coal sales volume and price.
- Manage mining operations and transportation logistics.
What Industry Does WMLP Operate In?
The thermal coal industry faces significant headwinds, including declining demand due to environmental concerns and competition from natural gas and renewable energy sources. Market trends indicate a shift away from coal-fired power generation, impacting coal producers' profitability. The competitive landscape includes major coal companies and smaller regional players, all vying for a shrinking market share. Westmoreland Resource Partners, LP's financial struggles reflect the broader challenges facing the thermal coal industry, particularly in regions with stricter environmental regulations and increased competition from alternative energy sources.
Who Are WMLP's Key Customers?
- Electricity generating power plants
- Utilities
- Industrial consumers of thermal coal
Key Financial Metrics
Return on equity for Westmoreland Resource Partners, LP stands at 105.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -59.2%, showing how much profit it generates from its asset base. A current ratio of 1.73 indicates the company holds enough short-term assets to cover its near-term obligations.
WMLP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Insiders seem to be positioning themselves favorably, which could signal confidence in WMLP's future prospects.
- Community chatter suggests there's a growing belief in the long-term value of WMLP's assets.
- Recent market developments might be creating a more favorable environment for resource partnerships like WMLP.
- Some traders are highlighting potential upside based on WMLP's strategic positioning within the energy sector.
Bear Case
- There's been some negative sentiment circulating in the community regarding WMLP's debt load and its impact on future growth.
- Recent insider selling activity might be raising concerns about the company's short-term performance.
- The overall market perception of resource partnerships has been somewhat shaky lately, potentially impacting WMLP.
- Some bearish voices are expressing concerns about the long-term viability of WMLP's business model given current market dynamics.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
WMLP Latest News
No recent news available for WMLP.
Classification
Industry Thermal CoalCommon Questions About WMLP (Energy)
What happened to Westmoreland Resource Partners, LP (WMLP) stock?
Westmoreland Resource Partners, LP (WMLP) no longer trades on public markets. It was delisted in October 2018. The figures below are historical and are not a current quote.
Can I still buy WMLP shares?
No. WMLP stopped trading on public markets in October 2018, so the shares are not available through a broker. Anything you see quoted for WMLP elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before WMLP stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Westmoreland Resource Partners, LP. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Westmoreland Resource Partners, LP do?
Westmoreland Resource Partners, LP, prior to its liquidation, was involved in the production and sale of thermal coal, primarily supplying electricity generating power plants. The company focused on surface mining operations, extracting coal from deposits and selling it under long-term supply agreements. Following a Chapter 11 bankruptcy filing in 2018, the company is now undergoing a restructuring process focused on asset sales and liquidation.
What do analysts say about WMLP stock?
Given Westmoreland Resource Partners, LP's bankruptcy and subsequent liquidation, traditional analyst ratings are no longer applicable. Investors should focus on the liquidation process and potential recovery value of assets. Key metrics to monitor include asset sale prices, liability reduction, and administrative expenses. The company's financial struggles reflect the broader challenges facing the thermal coal industry.
What are the main risks for WMLP?
The primary risks for Westmoreland Resource Partners, LP revolve around its liquidation process. These include potential delays in asset sales, lower-than-expected asset valuations, and increased legal and administrative expenses. Additionally, the declining demand for thermal coal and stringent environmental regulations pose ongoing challenges. Investors should carefully evaluate these risks when assessing the potential recovery value of the company's assets.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on historical data and publicly available information regarding the company's bankruptcy and liquidation.