BNET Industries

Market Cap:$3.2B
Last Fiscal Year Sales:$2.9B
  • Public
  • US
Dow Jones Description

We are a subsidiary of Arch Coal, Inc., one of the largest coal producers in the United States. Our two reportable business segments are based on the low-sulfur U.S. coal producing regions in which we operate the Powder River Basin and the Western Bituminous region. These geographically distinct areas are characterized by geology, coal transportation routes to consumers, regulatory environments and coal quality. These regional similarities have caused market and contract pricing environments to develop by coal region and form the basis for the segmentation of our operations.

Chief Executive Officer
Steven F. Leer
Number of Employees 4,300
Contact Information

One CityPlace Dr Ste 300

Saint Louis, Missouri 63141

archcoal.com

(314) 994-2700

NAICS Code Bituminous Coal and Lignite Surface Mining: 212111

Recent Events

  • PRESS DIGEST - Financial Times - Nov 21

    11/21/09 - Merger / Acquisition - View Story

  • Analyst Upgrades for November 18th

    11/18/09 - Bond / Stock Rating - View Story

  • HSBC Starts BTU, ACI at Outperform, MEE, CNX at Neutral

    11/18/09 - Bond / Stock Rating - View Story

  • Montana Considers Selling Coal Rights

    11/15/09 - Joint Venture / Alliance - View Story

  • 2009 Will Transform the Coal Industry

    11/13/09 - Merger / Acquisition - View Story

  • 5 Top Coal Picks for the Next 20 Years

    11/11/09 - Bond / Stock Rating - View Story

  • Arch Coal profit plummets

    10/30/09 - Merger / Acquisition - View Story

  • UPDATE 4-Arch Coal quarterly profit down but beats estimate

    10/30/09 - Merger / Acquisition - View Story

  • Arch Coal, Inc. Reports Third Quarter 2009 Results

    10/30/09 - Merger / Acquisition - View Story

  • Arch Coal 3Q tumbles, but co. sees recovery signs

    11/03/09 - Financial Announcement - View Story

  • Arch Coal Declares Quarterly Dividend

    10/23/09 - Stock Split / Dividend - View Story

  • PREVIEW-UPDATE 1-U.S. coal miners looking at lower profits

    10/16/09 - Bond / Stock Rating - View Story

  • Brean Murray Carret & Co. LLC maintains Arch Coal Inc. at 'sell'

    10/01/09 - Bond / Stock Rating - View Story

  • Arch completes mine purchase, cuts jobs

    10/02/09 - Merger / Acquisition - View Story

  • Arch Coal completes acquisition of Jacobs Ranch mine in Wyoming

    10/02/09 - Merger / Acquisition - View Story

  • Arch Coal Inc closes acquisition of Jacobs Ranch for USD764m

    10/02/09 - Merger / Acquisition - View Story

  • Arch Coal Completes Acquisition of Jacobs Ranch

    10/01/09 - Merger / Acquisition - View Story

  • Snider works out of spotlight at Arch: Company has 11 mining complexes in 6 states

    9/03/09 - Financial Announcement - View Story

  • Arch Coal mine purchase OK'd

    8/22/09 - Merger / Acquisition - View Story

News & Analysis

arch coal inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Steven F. Leer Chief Executive Officer
Gene Diclaudio President of Arch Western Bituminous Group
John W. Eaves President, Chief Operating Officer and Director
Robert Shanks President, Eastern Operations
John T. Drexler CFO & Senior Vice President
John W. Lorson Vice President and Chief Accounting Officer
Larry R. Brown CIO & Vice President
Michael Abbene Vice President and Chief Information Officer
Robert J. Messey Chief Financial Officer
C. Henry Besten Jr. Senior Vice President Strategic Development
Henry Besten Senior Vice President, Strategic Development
Paul A. Lang Senior Vice President of Operations
Robert Jones General Counsel, Secretary & Senior Vice President, Law
Anthony S. Bumbico Vice President, Safety
Bennett K. Hatfield Vice President, Operations
Bradley Allbritten Vice President, Marketing
C. David Steele Vice President, Tax
David B. Peugh Vice President, Business Dev
David N Warnecke Vice President, Marketing and Trading
Deck Slone Vice President Investor Rel & Public Aff
Greg Schaefer Arch Coal Vice President of External Affairs
John R Snider Arch Coal, Inc. Vice President
Sheila B. Feldman Vice President, Human Resources
Erwin Sass General Manager of Dugout Canyon Mine
Van Ness Feldman Partner
Van Ness Feldman Partner
Allen R. Kelley Director, Internal Audit
Jason Hayes Communications Director of the American Coal Council
Ken Miller Maintenance Manager
Brett Levy
James E. Florczak Treasurer
Jeffrey P. Rudnicki
Kim Link Arch Coal Spokeswoman
Paul Forward Recent Analyst Presentation
Steve Forbush Maintenance Specialist
Brian J. Jennings Director
Wesley M. Taylor Director

Board of Directors

Name (plus bio) Position
Frank M. Burke Chairman
James R. Boyd Chairman
Robert G. Potter Chairman
A. Michael Perry Board of Directors
Casey Warner Board of Directors
Douglas H. Hunt Board of Directors
Fry Patricia Board of Directors
Louis Missouri Board of Directors
Patricia Fry Godley Board of Directors
Theodore D. Sands Board of Directors
Thomas A. Lockhart Board of Directors

STEVEN F. LEER, 56, has been Chairman and Chief Executive Officer of Arch Coal, Inc., a coal producing company, since April 2006. Prior thereto, he was President and Chief Executive Officer of that company. Mr. Leer is a director of Norfolk Southern Corporation, the Western Business Roundtable and the Mineral Information Institute. He also is a director and past Chairman of the Center for Energy and Economic Development, the National Coal Council and the National Mining Association. He is a delegate to the Coal Industry Advisory Board of the International Energy Agency in Paris, a director of the Greater St. Louis Area Boy Scouts of America and a member of the boards of the National Association of Manufacturers and the Business Roundtable. Mr. Leer has been a director since June 2005. He is Chair of the Board s Compensation and Organization Committee and is a member of its Finance and Governance Committees.

Organization Position Status
Arch Coal, Inc. Chief Executive Officer Current
Arch Coal, Inc. Chairman Current
USG Mexico, Sa. Board of Directors Current
National Association of Manufacturers Board of Directors Current
Western Business Roundtable Board of Directors Current
The National Coal Council Director Current
National Mining Association Director Current
USG Corporation Board of Directors Current
Arch Coal, Inc. Director Current
Norfolk Southern Corporation Board of Directors Current
National Association of Manufacturers Member Current
Arch Coal, Inc. President Former
The National Coal Council Chairman Former
National Mining Association Chairman Former

Organization Position Status
Arch Coal, Inc. President of Arch Western Bituminous Group Current

Mr. Eaves has been President and Chief Operating Officer since April 2006. From 2002 to April 2006, Mr. Eaves served as our Executive Vice President and Chief Operating Officer. Mr. Eaves also serves on the board of directors of ADA-ES, Inc.

Organization Position Status
Arch Coal, Inc. President, Chief Operating Officer and Director Current
Arch Coal, Inc. Director Current
ADA-ES Board of Directors Current
Arch Coal, Inc. CEO, Executive Vice President & Vice President, Marketing Former

Organization Position Status
Arch Coal, Inc. President, Eastern Operations Current
Arch Coal, Inc. Vice President, Operations Former

Organization Position Status
Arch Coal, Inc. CFO & Senior Vice President Current

Organization Position Status
Arch Coal, Inc. Vice President and Chief Accounting Officer Current
Arch Coal, Inc. Board of Directors Current
Arch Coal, Inc. Controller Former

Organization Position Status
Arch Coal, Inc. CIO & Vice President Current

Organization Position Status
Arch Coal, Inc. Vice President and Chief Information Officer Current
Arch Coal, Inc. Director, Application Software Former

Organization Position Status
Arch Coal, Inc. Chief Financial Officer Current
Stereotaxis, Inc. Chair Current
Baldor Electric Company Chairman Current
Stereotaxis, Inc. Board of Directors Current
Arch Coal, Inc. Senior Vice President Current
Baldor Electric Company Board of Directors Current
Jacobs Engineering Group, Inc. Vice President of Financial Services Former
Ernst & Young partner Former
Washington University B.S. Former

Organization Position Status
Arch Coal, Inc. Senior Vice President Strategic Development Current

Organization Position Status
Arch Coal, Inc. Senior Vice President, Strategic Development Current

Paul A. Lang is senior vice president of operations for Arch Coal, Inc. Arch Coal is one of the nation's largest coal producers, with 2007 revenues of $2.5 billion. Lang is responsible for the company's national network of mines. Since joining Arch in 1984, Lang has held a series of engineering, operating and management positions in eight divisions during his 24-year career with the company. Most recently, he held the position of President of Thunder Basin Coal Co. and Arch of Wyoming, followed by President of Western Operations. A native of Utah and Colorado, Lang is a registered professional engineer licensed in six states and serves on the Society of Mining Engineers professional registration committee, the University of Wyoming's School of Energy Resources Council and the Development Board of the Missouri University of Science and Technology. In addition, he served as a commissioner for two terms on the Wyoming Healthcare Commission. Lang received a Bachelor of Science from the University of Missouri-Rolla in Mining Engineering, as well as an honorary professional degree in Mining Engineering. He is a graduate of the Advanced Management Program at Harvard Business School.

Organization Position Status
Arch Coal, Inc. Senior Vice President of Operations Current
Missouri University of Science and Technology Bachelor of Science Former

Organization Position Status
Arch Coal, Inc. General Counsel, Secretary & Senior Vice President, Law Current
Arch Coal, Inc. Board of Directors Current
Arch Coal, Inc. Vice President, Law, General. Counsel & Secy Former

Organization Position Status
Arch Coal, Inc. Vice President, Safety Current

Mr. Hatfield has been our President and Chief Executive Officer since March 2005. Prior to joining us, Mr. Hatfield served as President, Eastern Operations of Arch Coal,Inc., a producer of coal in the eastern and western United States, from March 2003 until March 2005. Prior to joining Arch Coal, Inc., Mr. Hatfield was Executive Vice President of El Paso Energy’s Coastal Coal Company, a Central Appalachian coal producer, from December 2001 through February 2003. That assignment was preceded by a lengthy career with Massey Energy Company, a Central Appalachian coal producer, where he last served as Executive Vice President and Chief Operating Officer from June 1998 through December 2001. Mr. Hatfield has a B.S. in mining engineering from Virginia Polytechnic Institute and University.

Organization Position Status
International Coal Group, Inc. Chief Executive Officer Current
Arch Coal, Inc. Vice President, Operations Current
International Coal Group, Inc. Director Current
International Coal Group, Inc. President Former
Arch Coal, Inc. President, Eastern Operations Former
Massey Energy Company Chief Operating Officer Former
Massey Energy Company Executive Vice President Former

Organization Position Status
Arch Coal, Inc. Vice President, Marketing Current

Organization Position Status
Arch Coal, Inc. Vice President, Tax Current

Organization Position Status
Arch Coal, Inc. Vice President, Business Dev Current

Organization Position Status
Arch Coal, Inc. Vice President, Marketing and Trading Current

Organization Position Status
Arch Coal, Inc. Vice President Investor Rel & Public Aff Current

Organization Position Status
Arch Coal, Inc. Arch Coal Vice President of External Affairs Current

Organization Position Status
Arch Coal, Inc. Arch Coal, Inc. Vice President Current

Organization Position Status
Arch Coal, Inc. Vice President, Human Resources Current

Organization Position Status
Arch Coal, Inc. General Manager of Dugout Canyon Mine Current

Organization Position Status
Arch Coal, Inc. Partner Current
Arch Coal, Inc. Board of Directors Current

Organization Position Status
Arch Coal, Inc. Partner Current
Arch Coal, Inc. Board of Directors Current

Organization Position Status
Arch Coal, Inc. Director, Internal Audit Current
Arch Coal, Inc. Board of Directors Current

Organization Position Status
Arch Coal, Inc. Communications Director of the American Coal Council Current

Organization Position Status
Rmcmi President Current
Arch Coal, Inc. Maintenance Manager Current
Rmcmi Board of Directors Current
Wyoming Com LLC Rmcmi Vice President Former

Organization Position Status
Arch Coal, Inc. Current

Organization Position Status
Arch Coal, Inc. Treasurer Current
Arch Coal, Inc. Treasurer Current

Jeffrey Rudnicki specializes in general antitrust and merger investigations. His services include constructing merger simulations, managing and manipulating complex databases, and performing econometric analysis of markets, entry conditions, and product substitutability. Mr. Rudnicki is experienced in many industries, including the coal, telecommunication, pharmaceutical paper, alcohol, and appliance industries. His recent case highlights include Arch Coal vs. FTC, Nestle's acquisition of Dreyer's/Edy's and Heinz's acquisition of Lea & Perrins.

Organization Position Status
Arch Coal, Inc. Current
Lea & Perrins Current

Organization Position Status
Arch Coal, Inc. Recent Analyst Presentation Current

Organization Position Status
Arch Coal, Inc. Maintenance Specialist Current

Mr. Burke has served as Chairman, Chief Executive Officer and Managing General Partner of Burke, Mayborn Company, Ltd., a private investment and consulting company, since 1984. Mr. Burke also serves on the board of directors of Corrigan Investments, Inc. and is a member of the National Petroleum Council.

Organization Position Status
Arch Coal, Inc. Chairman Current
National Petroleum Council Board of Directors Current
National Petroleum Council Member Current
Peat, Marwick, Mitchell & Co. Partner Former
Texas Tech University Bachelor of Business Administration Former
Arch Coal, Inc. Director Former
Southern Methodist University Juris Doctor Degree Former
Texas Tech University Business Administration and Masters of Business Administration Former
Texas Tech University B.B.A. Former

Organization Position Status
Arch Coal, Inc. Chairman Current
Halliburton Company Director Current
Farmers Bancorp Inc. Director Current
Arch Coal, Inc. Board of Directors Current
Ashland, Inc. Senior Vice President Former
Ashland, Inc. Group Operating Officer Former

Organization Position Status
Arch Coal, Inc. Chairman Current
Stepan Company Director Current
Solutia Inc. Chief Executive Officer Former
Solutia Inc. Chairman Former
Arch Coal, Inc. Director Former

A. Michael Perry has served as a member of the Board of Directors of the Company since April 2004. Mr. Perry served as Chief Executive Officer of Bank One West Virginia Corporation (formerly Key Centurian Bancshares, Inc.) from 1983 until his retirement in June 2001. He also served that institution as Chairman of the Board of Directors from November 1993 until June 2001, and as President from 1983 until 1993. Mr. Perry is a member of the Board of Directors of Champion Industries, Inc. and Arch Coal, Inc.

Organization Position Status
Portec Rail Products, Inc. Board of Directors Current
The Discover The Real West Virginia Foundation Director Current
Champion Industries, Inc. Board of Directors Current
Advantage Valley, Inc. Board of Directors Current
Darco International, Inc. Board of Directors Current
Corbin Pacific Incorporated Board of Directors Current
Arch Coal, Inc. Board of Directors Current
Logan Corporation Board of Directors Current
Bank One Corp Former
Young Lawyers Section Chairman Former
Advantage Valley, Inc. Co-Chairman Former
St. Mary's Hospital Board of Directors Former
West Virginia University College of Law Bachelor of Arts Degree Former
Marshall University Bachelor of Arts Degree Former
Champion Industries, Inc. member Former

Since February 2009, Mr. Jennings has been President and Chief Executive Officer of Rise Energy Partners, L.P. From April 2007 to June 2008, Mr. Jennings served as Chief Financial Officer of Energy Transfer Partners GP, L.P., the general partner of Energy Transfer Partners, L.P., a publicly-traded partnership owning and operating a portfolio of midstream energy assets. From March 2004 to December 2006, Mr. Jennings served as Senior Vice President-Corporate Finance and Development and Chief Financial Officer of Devon Energy Corporation. Mr. Jennings served as Senior Vice President-Corporate Finance and Development of Devon Energy Corporation from 2001 to March 2004.

Organization Position Status
Arch Coal, Inc. Director Current

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Since 1995, Mr. Hunt has served as Director of Acquisitions of Petro-Hunt, LLC, a private oil and gas exploration and production company.

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Since 1998, Ms. Godley has been a partner with the law firm of Van Ness Feldman, practicing in the areas of economic and environmental regulation of electric utilities and natural gas companies. Ms. Godley is also a director of the United States Energy Association.

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Since 1999, Mr. Sands has served as President of HAAS Capital, LLC, a private consulting and investment company. Mr. Sands also serves on the board of directors of Terra Nitrogen Corporation.

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Mr. Lockhart has been a member of the Wyoming State House of Representatives since 2000. Mr. Lockhart also serves on the board of directors of Blue Cross Blue Shield of Wyoming.

Organization Position Status
Arch Coal, Inc. Board of Directors Current

Organization Position Status
First Energy Corporation Board of Directors Current
FirstEnergy Corp. Board of Directors Current
Arch Coal, Inc. Director Current

Executive News

  • Arch Coal Chairman and CEO to Speak at Barclays 2009 CEO Energy/Power Conference...

    Reuters - 9/03/09 - View Story

  • Arch Coal Chairman and CEO to Speak at Barclays 2009 CEO Energy/Power Conference on September 10, Live Webcast Available

    PR Newswire - 9/03/09 - View Story

  • Snider works out of spotlight at Arch: Company has 11 mining complexes in 6 states

    TradingMarkets - 9/03/09 - View Story

  • Arch Coal amends revolving credit facility

    SNL Securities - 8/28/09 - View Story

  • Arch Coal increases credit facility

    Washington Post - 8/27/09 - View Story

  • Arch Coal increases credit facility

    San Jose Mercury News - 8/27/09 - View Story

  • Arch Coal Amends and Extends Secured Revolving Credit Facility

    PR Newswire - 8/27/09 - View Story

  • Recession speeds coal's long-term decline

    Reuters - 8/27/09 - View Story

  • Arch Coal mine purchase OK'd

    TradingMarkets - 8/22/09 - View Story

  • FTC approves Arch Coal mine purchase

    TradingMarkets - 8/21/09 - View Story

  • FTC OKs Arch's Wyoming mine purchase from Rio Tinto

    Billings Gazette - 8/21/09 - View Story

  • Arch Coal says US regulators clear $761 mil Jacobs mine purchase

    Platts - 8/21/09 - View Story

  • Arch Coal gets antitrust clearance for mine acquisition

    Biz Journals - 8/21/09 - View Story

  • Arch Coal gets antitrust clearance for mine acquisition

    St. Louis Business Journal - 8/21/09 - View Story

  • Arch Coal Gets Antitrust Clearance From FTC For Jacobs Ranch Deal With Rio Tinto - Update

    RTTNews.com - 8/21/09 - View Story

  • Arch Coal Receives Antitrust Clearance from the FTC Regarding the Jacobs Ranch Transaction

    PR Newswire - 8/21/09 - View Story

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     ACI $20.03 -0.40 (-1.96% )
Average Volume 5,641,940
Shares Outstanding 162.44M
Market Cap 3.3B
Year High 25.86
Year Low 11.06
Earnings Per Share 0.69
P/E Ratio 29.03
Dividend 0.36
Yield 1.80
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