Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced the Company has drawn down $57.5 million in principal amount under its revolving credit facility as a proactive, precautionary measure in light of the COVID-19 pandemic and its potential effects upon national and world economies.

Longview's coal-fired power plant is part of the PJM Interconnection and it's the low energy prices that helped lead to this step, the company said.

Two sources told the Pittsburgh Business Times that the mines could remain open instead of being closed as they had been by the initial order Thursday night.

But the Greene County mine, which has already been in a temporary idling due to a longwall move, will reopen for normal operations on April 6.

Shares of Contura Energy (NYSE:CTRA) were flat in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 631.71% over the past year to ($2.18), which missed the estimate of ($1.61).Revenue of $470,460,000 lower by 22.76% from the same period last year, which beat the estimate of $424,100,000.Looking Ahead Contura Energy hasn't issued any earnings guidance for the time being.Contura Energy hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 11, 2020View more earnings on CTRATime: 07:05 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.conturaenergy.com%2Finvestors%2F&eventid=2156866&sessionid=1&key=510D6C21FC14443F934601C925EEE91A®Tag=&sourcepage=registerRecent Stock Performance 52-week high: $59.7252-week low: $1.93Price action over last quarter: down 6.65%Company Profile Contura Energy Inc is a provider of met and thermal coal to a global customer base. It extracts, processes and markets steam and metallurgical coal from surface and deep mines for sale to electric utilities, steel and coke producers, and industrial customers. The mining operations are carried across the coal basins in Pennsylvania, Virginia, West Virginia and Wyoming. The operations of the company are carried out in the US. The company has three reportable segments: CAPP (Central Appalachia)- Met, CAPP - Thermal, and NAPP (Northern Appalachia).See more from Benzinga * Recap: Vuzix Q1 Earnings * Recap: WAVE Life Sciences Q1 Earnings * Recap: RadNet Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

There's now a question whether the company will spend the money on improvements that last fall it said it would have to spend at the Greene County mine and major employer.

CONTURA ENERGY (CTRA) delivered earnings and revenue surprises of 62.72% and 24.96%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

It has a final permit for a coal impoundment in Greene County, but it hasn't made the commitment yet.

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced temporary operational changes in response to market conditions, existing coal inventory levels, and recent customer deferrals due to concern around the global economic impact of the coronavirus pandemic.

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced the rescheduling of this morning's earnings call due to technical issues with a third-party provider.

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today reported results for the first quarter ending March 31, 2020.

It's tough in the coal industry these days, but executives from two separate producers with big mines in southwestern locally say they're ready when the market gets better. Coal prices continued dropping, as have fortunes on Wall Street for coal producers. Another coal company with a major mine in the region, Contura Energy Inc. (NYSE: CTRA), has fallen from $8.84 at at the start of the year to $6.43 on Wednesday.

NEW YORK, NY / ACCESSWIRE / March 18, 2020 / Contura Energy, Inc. (NYSE:CTRA) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 18, 2020 at 10:00 ...

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today reported results for the fourth quarter ending December 31, 2019.

Shares of Contura Energy (NYSE:CTRA) fell 0.64% from the previous session close to $4.67 after the company reported Q4 results.Quarterly Results Earnings per share increased 87.46% year over year to ($0.39), which does not compare to the estimate of ($2.09).Revenue of $499,076,000 less by 12.76% from the same period last year, which beat the estimate of $497,200,000.Conference Call Details Date: Mar 18, 2020Time: 01:03 PM ETView more earnings on CTRAWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.conturaenergy.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2153664&sessionid=1&key=FC345D22D3BEA03EF2094BC79FE9E15A®Tag=&sourcepage=registerPrice Action 52-week high was at $61.8752-week low: $2.22Price action over last quarter: down 48.34%Company Overview Contura Energy Inc is engaged in mining operations. It extracts, processes and markets steam and metallurgical coal from surface and deep mines for sale to electric utilities, steel and coke producers, and industrial customers. The mining operations are carried across the coal basins in Pennsylvania, Virginia, West Virginia and Wyoming. The operations of the company are carried out in the US. The segments of the company are CAPP, NAPP and Trading and Logistics.See more from Benzinga * 11 Technology Stocks Moving In Wednesday's Pre-Market Session * 10 Financial Services Stocks Moving In Wednesday's Pre-Market Session * 10 Basic Materials Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, plans to announce its first quarter 2020 financial results before the market opens on Monday, May 11, 2020.

Every investor on earth makes bad calls sometimes. But you want to avoid the really big losses like the plague. So...

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced updated dial-in information for the exchange call with Contura management occurring February 11 at 2:00 p.m. EST.

Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, plans to announce its financial results for the fourth quarter 2019 before the market opens on Wednesday, March 18, 2020.

For more information regarding forward-looking statements and some of the factors that can affect them, please refer to the Company's first quarter 2020 earnings release and the associated SEC filings. Participating on the call today are Contura's Chairman and Chief Executive Officer, David Stetson; and Chief Financial Officer, Andy Eidson.