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Home > Company Index > Metals & Mining > Coal > Massey Energy Company

Massey Energy Company
NYSE: MEE
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 NEWS FROM THE WIRES
Peabody's earnings outlook lifts coal shares
Aug 13 2001 01:25 PM PDT

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 PROFILE
Massey Energy Company (formerly A. T. Massey Coal Company) is one of the leading suppliers of coal in the US. Massey, spun off from Fluor, owns about $1.9 billion tons of reserves mainly in West Virginia and Kentucky, but also in Virginia and Tennessee. The company produces steam and metallurgical coal at 18 mining complexes. Massey sells to customers in the industrial, metallurgical, and utility industries. While coal accounts for the bulk of its operations, the company also makes synthetic fuel, operates a coal-handling facility, and sells timber and gas and oil rights to third parties. Massey is awaiting the legal fallout after almost 230 million gallons of coal slurry spilled into Kentucky's Big Sandy River in 2000.

 COMPETITION
Arch Coal, Inc. (ACI)
CONSOL Energy Inc. (CNX)
Peabody Energy Corporation (BTU)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 1,140.70
1-Yr. Sales Growth: (90.8)%
Employees: 3,610
Revenue per employee: $315,983.38

 KEY PEOPLE
• Don L. Blankenship
    CEO
• Jeffrey M. Jarosinski
    CFO

 CONTACT INFO
4 N. 4th St.
Richmond, VA 23261
US
Phone: 804-788-1800
Fax: 804-788-1870
Online: Web Site

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