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Massey Energy Company · Richmond, VA United States ·(NYSE: MEE)

Company Description

4 N. 4th St.
Richmond, VA
23219
United States (Map)
Phone: 804-788-1800
Fax: 804-788-1870
Rankings
  • S&P 500
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Massey Energy gets all of its power from coal. The company is one of the leading coal miners in the US, producing steam and metallurgical coal at about 65 mining complexes in Central Appalachia (West Virginia, Kentucky, and Virginia). It produces about 40 million tons of coal annually and controls 2.3 billion tons of proved and probable reserves. Massey's other operations include 20 coal-handling and -processing facilities. Buyers of Massey's coal include utilities, steelmakers, and industrial manufacturers. Energy trader Constellation Energy Commodities Group accounts for more than 10% of Massey's sales. To read the full description, subscribe now.

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Key Massey Energy Company Financials

Company TypePublic - NYSE: MEE

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$2,989.8
2008 Employees6,743

Massey Energy Company Executives

30 executives listed for Massey Energy Company's Richmond, VA location.
TitleName & BioContact
Chairman and CEODon BlankenshipNetwork
President and DirectorBaxter PhillipsNetwork
SVP and COOJ. Christopher AdkinsNetwork

Competition

Competitive Landscape for Massey Energy Company
Demand comes mainly from generators of electricity. Profitability depends on efficient operations, as the product is a commodity sold on the basis of price. Small companies can compete if they hold long-term contracts or if they supply local customers. Big companies have large economies of scale in production and distribution. The industry is capital-intensive and highly automated: average annual revenue per employee is almost $300,000. To read the full description, subscribe now.
Top Massey Energy Company Competitors
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