Last $3.39 USD
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alpha natural resources inc (ANR) Snapshot

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11/11/13 - $8.30
52 Week Low
06/3/14 - $3.10
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alpha natural resources inc (ANR) Details

Alpha Natural Resources, Inc., together with its subsidiaries, is engaged in extracting, processing, and marketing thermal and metallurgical coal in Virginia, West Virginia, Kentucky, Pennsylvania, and Wyoming. As of December 31, 2013, the company operated 81 mines and 25 coal preparation plants in Northern and Central Appalachia and the Powder River Basin with approximately 4.3 billion tons of proven and probable coal reserves. The company also repairs and resells equipment and parts used in surface mining and supporting preparation plant operations; manufactures patented particulate scrubbers and filters for underground diesel engine applications; and rebuilds underground mining equipment. In addition, it owns and operates third-party end-user coal handling facilities; purchases and sells third party coal; sells non-strategic assets, such as timber, gas, and oil rights; leases and sells non-strategic surface properties and reserves; and provides coal and environmental analysis services. The company serves electric utilities, steel and coke producers, industrial customers, and energy traders and brokers. Alpha Natural Resources, Inc. was founded in 2002 and is based in Bristol, Virginia.

10,400 Employees
Last Reported Date: 05/8/14
Founded in 2002

alpha natural resources inc (ANR) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $1.0M
Total Annual Compensation: $641.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $456.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $403.8K
Chief Strategy officer and Executive Vice Pre...
Total Annual Compensation: $403.8K
Compensation as of Fiscal Year 2013.

alpha natural resources inc (ANR) Key Developments

Alpha Natural Resources, Inc. Announces Executive Changes

On July 18, 2014, Vaughn R. Groves, the Executive Vice President, General Counsel and Corporate Secretary of Alpha Natural Resources, Inc. agreed to retire from employment with the company effective September 1, 2014 and will continue to serve as the company's Executive Vice President, General Counsel and Corporate Secretary until the departure date. On August 1, 2014, Mr. Richard Verheij will commence employment with a company subsidiary as its Executive Vice President and General Counsel. It is expected that Mr. Verheij will assume the role of the company's Executive Vice President, General Counsel and Corporate Secretary on September 1, 2014.

Alpha Natural Resources Idling Metallurgical Coal Mine in Virginia

Alpha Natural Resources Inc. announced it is permanently closing its Cherokee mine, to be nearing the end of its productive life. The closure, expected to impact 121 employees, comes in the midst of continued price weakness in the global met coal market. Alpha is at least the second producer to announced that it would idle a met coal mine June 30, 2014 week, joining Cliffs Natural Resources Inc., which is temporarily idling its Pinnacle mine. Cherokee is near Haysi, Va., in the Central Appalachia coalfields. 66 of the employees at Cherokee will be laid off in 60 days and the remainder will stay on to remove equipment and infrastructure and close the mine. They will continue to work through September.

Alpha Natural Resources, Inc. Presents at Sterne Agee 2014 Boston Executive Summit, Jun-17-2014

Alpha Natural Resources, Inc. Presents at Sterne Agee 2014 Boston Executive Summit, Jun-17-2014 .


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ANR Competitors

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Company Last Change
Arch Coal Inc $2.97 USD +0.03
Cliffs Natural Resources Inc $17.45 USD +0.22
Cloud Peak Energy Inc $15.48 USD -0.04
Penn Virginia Corp $13.02 USD -1.64
Westmoreland Coal Co $43.09 USD -0.32
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