| Last Trade | 4:00 PM ET Oct 10, 2008 |
| Price | $16.22 |
| Change | + 0.26 |
| Volume | 4,438,800 |
We mine, process and sell bituminous, steam- and industrial-grade coal through six operating subsidiaries located throughout eastern Kentucky and southern Indiana. As of December 31, 2006, our six mining complexes included 15 underground mines, 11 surface mines and ten preparation plants, five of which have integrated rail loadout facilities and three of which use a common loadout facility at a separate location.
In 2007, we produced 11.2 million tons of coal (including 109,000 tons of coal produced in our mines that are operated by contract mine operators) and we purchased another 880,000 tons for resale. Of the 11.1 million tons we produced from Company-operated mines, approximately 66% came from underground mines, while the remaining 34% came from surface mines. In 2007, we generated revenues of $520.6 million. Approximately 86% of our 2007 revenues were generated from coal sales to electric utility companies and 14% came from coal sales to industrial and other companies or from synfuel handling fees.
Second Quarter 2008 Earnings Call
Aug 5, 2008 at 11:00 AM ET
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