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Balance Sheet Cash Flow Statement 1 Alpha Place Abingdon, VA 24212 VA Tel. 276-619-4410 Toll Free 866-322-5742 |
Type: Public
On the web:
http://www.alphanr.com
Employees:
3,779
Employee growth: 3.8%
Alpha Natural Resources doesn't mind going underground. The company produces steam and metallurgical coal at about 60 mines and 15 preparation plants, primarily in central and northern Appalachia and the Powder River Basin. Alpha's sales are divided fairly evenly between low-sulfur steam coal, which is used mainly for electricity generation, and metallurgical coal for industrial customers like steel makers. The company produces about 100 million tons of coal annually. It sells about half of its product internationally. Alpha Natural Resources controls about 2.3 billion tons of proved and probable reserves. In 2009 Alpha made a big move when it bought miner Foundation Coal, creating a top three US coal producer.
Key numbers for fiscal year ending December, 2008:
Sales: $2,554.1M
One year growth: 36.0%
Net income: $165.5M
Income growth: 496.9%
Officers:
Chairman and CEO; President and CEO, Alpha Natural Resources, LLC: Michael J. (Mike) Quillen
President and Director: Kevin S. Crutchfield
EVP and COO: Randy L. McMillion
Competitors:
Arch Coal
CONSOL Energy
Peabody Energy




