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Massey Energy MEE

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    1. Coal Market Plunge Has Taken Alpha Natural Resources Down With It


      Wed, 1 Oct 2014

      and has no substitutes as such. Met coal business ANR became the largest producer of met coal in America after acquiring Massey Energy . Around 75% of coal produced by the firm is exported to Europe and Asia. Europe is the largest market for the company

    2. Got a New Strategy? Don’t Forget the Execution Part


      Fri, 2 Aug 2013

      On Monday, Central Appalachian coal producer Massey Energy MEE lowered its full-year forecast for sales volume and realized prices and projected higher unit costs. Massey is facing delays

    3. Patriot Coal Files Chapter 11 Bankruptcy


      Wed, 11 Jul 2012

      Central App players we cover, Alpha is more "Patriot-like." It acquired several unionized operations when it bought Massey Energy in early 2011 (10% of employees). More importantly, Massey, being a very old miner, accumulated nearly $1 billion

    4. Wall Street Breakfast: Must-Know News


      Tue, 6 Dec 2011

      Resources (ANR) has reportedly agreed to a $200M settlement over civil and criminal charges connected to last year's Massey Energy mining disaster. An announcement is expected today. Olympus "rotten to the core." As expected, an investigative panel

    5. Alpha Natural Resources' New Bond Deal Prices Rich


      Thu, 19 May 2011

      compared with the credit quality of the company. Proceeds will be used to partially fund the $8.5 billion acquisition of Massey Energy MEE. We downgraded Alpha Natural Resources to BB from BBB- after the Massey transaction announcement, mainly because of

    6. Massey Lowering Its Guidance for 2011


      Tue, 3 May 2011

      Alpha Natural Resources ANR and Massey Energy MEE both reported poor first-quarter 2011 results. Alpha was struck by higher costs and much lower shipments. Costs per ton

    7. Arch's International Coal Group Buy Is Big Bet on Metallurgical Coal


      Tue, 3 May 2011

      second-largest reserve holder in Central Appalachia as well, behind Alpha Natural Resources ANR following its purchase of Massey Energy MEE. This diversification will serve to spread out some regulatory and economic risks and is a positive. However, Arch

    8. Coal miner Alpha Natural's profit beats Street


      Wed, 9 Feb 2011

      NEW YORK (Reuters) - Alpha Natural Resources Inc , which has agreed to buy rival Massey Energy , posted fourth-quarter profit that beat Wall Street estimates.

    9. New Credit Ratings: Alpha Natural Resources and Massey Energy


      Wed, 2 Feb 2011

      Resources ANR by two notches, from BBB- to BB, on the basis of our assessment that the recently announced acquisition of Massey Energy MEE will be detrimental to Alpha's underlying credit quality. We are raising our issuer rating for Massey from BB- to

    10. Did Smart Money Know About Alpha Natural's Near Bid for Massey Energy ?


      Mon, 31 Jan 2011

      Trader Mark submits: Massey Energy ( MEE ) has been rumored to be on the block for a few months, and then we have news that Alpha Natural Resources ( ANR ) seems

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