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Massey Energy Company Company Snapshot
Business Description:
Massey Energy Company operates in the Bituminous coal and lignite--surface sector. Massey Energy Company (Massey) is a coal producer in the United States. The Company produces, processes and sells bituminous coal of various steam and metallurgical grades, primarily of a low sulfur content, through its 25 processing and shipping centers (Resource Groups), many of which receive coal from multiple mines. At January 31, 2011, the Company operated 84 mines, including 66 underground mines (one of which employs both room and pillar and longwall mining) and 18 surface mines (with 12 highwall miners in operation) in West Virginia, Kentucky and Virginia. On April 19, 2010, the Company completed the acquisition of Cumberland Resources Corporation and certain affiliated entities (Cumberland). The Cumberland operations include primarily underground coal mines in Southwestern Virginia and Eastern Kentucky. The Company owns a majority interest in Coalsolv, LLC (Coalsolv). In our complete report available for purchase the company is compared to: Arch Coal, Inc., Patriot Coal Corporation and Consol Energy Incorporated.
   
   
 
  Stock Performance Chart for Massey Energy Company
 
  Stock Data: Recent Stock Performance:
  Current Price (5/31/2011): 66.00
(Figures in U.S. Dollars)
1 Week 3.1%   13 Weeks 1.1%  
4 Weeks 7.5%   52 Weeks 118.8%  
 
Massey Energy Company Key Data:
  Ticker: MEE Country: UNITED STATES
  Exchanges: NYSE FRA Major Industry: Oil, Gas, Coal & Related Services
    Sub Industry: Coal Producers
  2010 Sales 3,038,974,000
(Year Ending Jan 2011).
Employees: 7,359
  Currency: U.S. Dollars Market Cap: N/A
  Fiscal Yr Ends: December Shares Outstanding: N/A
  Share Type: Common Closely Held Shares: N/A
 
 
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