InvestorsHub Logo
Followers 60
Posts 5014
Boards Moderated 0
Alias Born 11/01/2011

Re: jamesg145 post# 196

Thursday, 03/22/2012 9:57:20 AM

Thursday, March 22, 2012 9:57:20 AM

Post# of 384
I believe them. From yesterday's PR

President and Chief Executive Officer Charles C. Ungurean commented, "Throughout our 27-year history, we have built this business through outstanding service to our customers. This has driven our growth and reinforced our strong position in the NAPP region. We believe current coal market dynamics continue to favor the long-term outlook for the region and we continue to focus our efforts on growing our NAPP business."
Financial Outlook Update
Oxford is confident in the outlook for the balance of 2012, which will largely be driven by the strength of its core NAPP business and the benefits from its ILB restructuring initiatives. Given the unseasonably warm winter and the impact of the ILB contract termination and restructuring efforts, Oxford believes the first quarter 2012 financial results will not be representative of the results expected for the remainder of 2012. Oxford expects to provide updated 2012 guidance when it reports its first quarter 2012 financial results in early May.