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May 24, 2015 5:28 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Murray Energy Corporation

Company Overview

Murray Energy Corporation, along with its subsidiaries, produces and delivers bituminous coal to electric utility and industry customers in the United States and internationally. The company transports its coal via truck, rail, and waterways. The company's business also includes a diesel and mining equipment rebuilding facility in West Virginia. Murray Energy Corporation was founded in 1988 and is headquartered in St. Clairsville, Ohio with mining projects in Illinois, Ohio, Kentucky, and Utah. The company also has a financial services operation in Powhatan Point, Ohio; and a marketing and sales office in Lexington, Kentucky.

46226 National Road

St. Clairsville, OH 43950

United States

Founded in 1988

Phone:

740-338-3100

Fax:

740-338-3405

Key Executives for Murray Energy Corporation

Founder, Chairman, Chief Executive Officer and President
Chief Financial Officer, Chief Operating Officer, Executive Vice President and Member of The Board of Directors
Senior Vice President, Secretary and General Counsel
Senior Vice President of Marketing and Sales
Vice President of Engineering & Planning
Compensation as of Fiscal Year 2014.

Murray Energy Corporation Key Developments

Murray Energy to Lay Off More Than 1,800 People

Murray Energy Corp. announced that it is laying off more than 1,800 people, about a quarter of its workforce. The layoffs are to occur at nine of St. Clairsville, Ohio, company's mines.

Murray Energy Corporation to Report Q1, 2015 Results on May 14, 2015

Murray Energy Corporation announced that they will report Q1, 2015 results on May 14, 2015

Murray Energy Corp. Idles Century Mine in Ohio for About Two Weeks

Murray Energy Corp. is idling its Century underground coal mine in Ohio for about two weeks after recent layoffs in West Virginia and Illinois, with the company potentially looking to rely more on lower-cost sales from partly owned Illinois Basin producer Foresight Energy LP. About 425 hourly employees are temporarily affected by the idling, which began on May 9. The mine directly employs more than 650 people.

Similar Private Companies By Industry

Company Name Region
Cinco Natural Resources Corporation United States
Warrior Coal, LLC United States
Cambria Coke Company United States
BNK Petroleum (US) Inc. United States
MAK-J Energy Partners Ltd. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 7, 2015
50% Interest in Foresight Energy LP And 34% Interest in Foresight Energy GP
Merger/Acquisition
March 15, 2015
50% Interest in Foresight Energy LP And 80% Interest in Foresight Energy GP And Access to Facilities
Merger/Acquisition
October 28, 2014
CONSOL Energy Inc., 100 Million Tons of Coal Reserves in Illinois
 

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