WLT on NYSE

Walter Energy

U.S. coal producer

Walter Energy, Inc. was a publicly traded "pure play" metallurgical coal producer for the global steel industry. The company also produced natural gas, steam coal and industrial coal, anthracite, metallurgical coke, and coal bed methane gas. Corporate and U.S. headquarters were located in Birmingham, Alabama, and its Canadian & UK headquarters in Vancouver, British Columbia.3 Its shares trade on NYSE under the symbol WLT.1 It ceased to exist in 2015.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1946Founded1

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  • TickerWLT on NYSE1
  • Industrymining of coal1
  • HeadquartersGalleria Tower1
  • Incorporated inDE4
  • Business address3000 Riverchase Galleria, Suite 1700, Birmingham, Al 352444
  • Filer categoryAccelerated filer4

Walter Energy, Inc. was a publicly traded "pure play" metallurgical coal producer for the global steel industry. The company also produced natural gas, steam coal and industrial coal, anthracite, metallurgical coke, and coal bed methane gas. Corporate and U.S. headquarters were located in Birmingham, Alabama, and its Canadian & UK headquarters in Vancouver, British Columbia. Walter Energy filed for bankruptcy in 2015 and its assets were purchased by Warrior Met Coal.3

What it owns

What Walter Energy reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.6B6 Dec 31, 2014$2.6B6 Dec 31, 2013−0.5%
Accumulated depreciation$1.1B6 Dec 31, 2014$980.9M6 Dec 31, 2013+16.1%
Property and equipment, net$1.5B6 Dec 31, 2014$1.6B6 Dec 31, 2013−10.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$468.5M6 Dec 31, 2014$260.8M6 Dec 31, 2013+79.6%
Stakes in other companies (equity method)$06 Dec 31, 2014$06 Dec 31, 2013

Inventory

ItemLatestA year beforeChange
Inventory, total$201.6M6 Dec 31, 2014$312.6M6 Dec 31, 2013−35.5%
Finished goods$136.3M6 Dec 31, 2014$238.8M6 Dec 31, 2013−42.9%

The story

The company was formerly known as Walter Industries, Inc. and changed its name to Walter Energy in April 2009. The predecessor company was founded by Tampa entrepreneur the late James W. Walter Sr. in 1946 as a builder of affordable, stick-built homes across the southeast. It spun off Mueller Water Products in 2006, closed Jim Walter Homes in 2009, also spinning off Walter Investment Management Corporation in 2009.

2001 mine disaster

At approximately 5:15 p.m. on September 23, 2001, at the Jim Walter Resources No. 5 coal mine in Brookwood, 40 miles southwest of Birmingham, a cave-in caused a release of methane gas that sparked two major explosions, killing thirteen miners.

From Wikipedia’s article on Walter Energy, shared under CC BY-SA 4.0.5

Leadership

Who has led Walter Energy, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (35)

Products and brands

  • coal

Listed on Wikidata.1

U.S.

The company's U.S. underground mines produced high-quality coal from Alabama's Blue Creek seam. Jim Walter Resources, the Company's U.S. underground coal mining unit, has grown from a small producer of less than 1 million tons of coal per year, produced solely for use in its sister company's coke ovens, into one of the 25 largest metallurgical coal producers in the United States, with 2010 metallurgical coal sales of approximately 6.0 million metric tons and plans to expand sales to 8.5 million metric tons of metallurgical coal by 2013. Its metallurgical coal mines, No. 4 and No. 7, are two of the deepest vertical shaft coal mines in North America at nearly 2,000 feet deep. The mines also produce a significant quantity of coal bed methane gas. Jim Walter Resources also operates the North River steam coal mine.

The U.S. Division operates the Maple Coal and Gauley Eagle mines in West Virginia, and mines in South Wales in Britain. These mines were formerly owned by Western Coal Corp.

Walter Minerals, an Alabama-based surface coal producer with a capacity of nearly 1.5 million tons, which produces coal for the Alabama steam and industrial coal markets, also is included in the Company's U.S. operations.

Walter Coke, the company's fuel coke producer, manufactures coke for use in blast furnaces and foundries. The Birmingham, Alabama company was formerly known as Sloss Industries.

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Canada and U.K.

Walter Energy's Canadian and European operations consist of three mines in British Columbia, Canada and a project in Wales at Aberpergwm, UK.

From Wikipedia’s article on Walter Energy, shared under CC BY-SA 4.0.5

Former names

  • WALTER INDUSTRIES INC /NEW/Oct 6, 1995 to Apr 28, 20094
  • WALTER INDUSTRIES INC/NEW/Feb 6, 1995 to Feb 6, 19954

Timeline

  1. 2015Dissolved Dissolved1
  2. Sep 13, 2011New chief executive Walter J. Scheller becomes CEO8
  3. Apr 5, 2011New chief executive Keith Calder becomes CEO7
  4. Mar 17, 2010New chief executive Joseph B. Leonard becomes CEO9
  5. Sep 10, 2009New chief executive Victor P. Patrick becomes CEO10
  6. May 1, 2006New chief executive Mark J. Obrien becomes CEO13
  7. Mar 15, 2006New chief executive George R. Richmond becomes CEO12
  8. Feb 24, 2006New chief executive Gregory E. Hyland becomes CEO11
  9. 1946Founded Founded1

SEC filer profile

How Walter Energy is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWalter Energy, Inc.2
  • CIK0000837173
  • Employer ID (EIN)13-34299532
  • Filer statusAccelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)1220 Silver Ores2
  • Business address3000 Riverchase Galleria, Suite 1700, Birmingham, AL 352442
  • Phone205-745-20002
  • Shares outstanding80,747,432 as of Oct 31, 201557
  • Public float$356.8M as of Jun 30, 20146
  • On EDGAR sinceFeb 6, 19952
  • Filings1,500 in all: 4 (681), 8-K (310), 10-Q (61), SC 13G/A (59), SC 13G (52), 3 (36), 4/A (23), DEFA14A (22)2
    All 51 form types

    SC 13D/A (22), DEF 14A (20), DFAN14A (19), 424B3 (18), UPLOAD (18), CORRESP (17), 10-K (16), POS AM (15), 425 (14), 10-Q/A (9), S-8 (8), 8-K/A (6), SC 13D (6), S-1/A (5), 10-K405 (4), 424B5 (4), ARS (4), S-3/A (4), 3/A (3), 8-A12B (3), DEFC14A (3), PRE 14A (3), PREC14A (3), S-3 (3), 10-K/A (2), 10-K405/A (2), 25-NSE (2), 424B2 (2), CERTNYS (2), DEFR14A (2), EFFECT (2), S-1 (2), S-3ASR (2), T-3/A (2), 424B4 (1), 8-A12B/A (1), 8-A12G (1), NT 10-K (1), PREN14A (1), REVOKED (1), S-4 (1), S-4/A (1), T-3 (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2015
    Quarterly report (10-Q) Nov 5, 2015
    Proxy statement (DEF 14A) Mar 11, 2015
    Latest 8-K (8-K) Apr 1, 2016

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