| Business Summary | | Arch
Coal,
Inc.
is
a
coal
producer
in
the
Eastern
and
Western
United
States.
The
Company
mines,
processes
and
markets
compliance
and
low-sulfur
coal
from
mines
and
ships
coal
to
domestic
coal-fired
electric
generation
facilities.
As
of
December
31,
2000,
the
Company
had
28
operating
mines
and
controlled
approximately
3.37
billion
tons
of
proven
and
probable
coal
reserves,
of
which
approximately
1.90
billion
tons
were
assigned
reserves
and
approximately
1.47
billion
tons
were
unassigned
reserves.
Arch
Coal
sold
105.5
million
tons
of
coal
in
2000.
The
Company
sells
substantially
all
of
its
coal
to
producers
of
electric
power. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Arch
Coal
is
engaged
in
the
mining,
processing,
marketing
and
transportation
of
bituminous
coal
in
the
domestic
steam
market.
For
the
six
months
ended
6/30/01,
revenues
rose
7%
to
$750.0
million.
Net
income
totaled
$6.9
million,
vs.
a
loss
of
$17.2
million.
Results
reflect
favorable
spot
prices
and
volumes
in
the
coal
markets,
a
$9.4
million
insurance
settlement
gain
for
losses
incurred
at
the
West
Elk
mine,
and
a
decrease
in
interest
expense
due
to
a
reduction
in
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Boyd, 54 Chairman | -- | Steven Leer, 48 Pres,
CEO, Director | $987K | Robert Messey, 55 CFO,
Sr. VP | -- | Kenneth Woodring, 51 Exec.
VP- Mining Operations | 615K | John Eaves, 43 Sr.
VP of Marketing and Pres of Arch Coal Sales Company, Inc. | 490K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|