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Alpha Metallurgical Resources company history timeline

2002

Alpha was formed in 2002 by members of management and by affiliates of First Reserve Corporation, a private equity firm.

2005

In October 2005 Alpha acquired the Nicewonder Coal Group including their three surface mines and a road construction and coal recovery business in southwestern Virginia and southern West Virginia.

2006

In May 2006, Alpha completed the acquisition of certain coal mining operations in eastern Kentucky from Progress Fuels Corp.

2008

That interest was subsequently sold in October 2008.

2009

In July 2009, Alpha consummated its largest business venture ever by completing a merger with Foundation Coal Holdings Inc.

2014

Coal Firm to Pay Record Penalty and Spend Millions on Water Cleanup in 5 StatesAlpha Natural Resources and 66 of its subsidiaries agreed to reduce pollution from coal mines in Kentucky, Pennsylvania, Tennessee, Virginia and West Virginia.By John SchwartzMarch 5, 2014

2015

Coal Miners Struggle to Survive in an Industry Battered by Layoffs and BankruptcyShrinking exports and America’s growing reliance on hydraulic fracturing and renewable energy have left coal producers in deep trouble.By Clifford KraussJuly 17, 2015

2016

Regulators Fear $1 Billion Coal Cleanup BillOfficials worry that failed coal companies will use bankruptcy courts to pay off debts to banks and hedge funds, leaving behind their environmental obligations.By Michael CorkeryJune 6, 2016

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Founded
2002
Company founded
Headquarters
Bristol, VA
Company headquarter
Founders
Michael Quillen
Company founders
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Alpha Metallurgical Resources competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Peabody Energy1883$4.2B7,10025
Energy Transfer Solutions2003$8.5M755
The Williams Companies1908$10.5B5,425214
Kinder Morgan1997$15.1B11,012184
NiSource1912$5.5B8,363119
Dynegy1984$4.8B2,489-
Koch Industries1940$115.0B100,00049
Patriot Coal2007$24.0M3,500-
El Paso Corporation1928-5256
Murray Energy1988$1.0B3,000-

Alpha Metallurgical Resources history FAQs

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Alpha Metallurgical Resources may also be known as or be related to Alpha Metallurgical Resources, Alpha Natural Resources, Alpha Natural Resources Inc, Alpha Natural Resources Inc., Alpha Natural Resources Services LLC and Alpha Natural Resources, Inc.