Alpha Natural Resources, Inc.

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Alpha Natural Resources, Inc. - overview

Established

2002

Location

-, VA, US

Primary Industry

Mining

About

Alpha Natural Resources, Inc. specializes in the production and supply of metallurgical coal, essential for steel manufacturing, providing high-quality products to clients in North America and international markets. Founded in 2002 in Abingdon, US, Alpha Natural Resources, Inc. focuses on metallurgical coal production.


The company underwent a leveraged recapitalization in 2003, distributing USD 110 mn to its owners. Notably, Alpha raised USD 560. 5 mn in an Initial Public Offering in February 2005 and USD 259. 09 mn in a secondary offering in January 2006, marking a pivotal phase in its operations.


Tom Kelly is the founder, and Philip Visser currently serves as CEO. Alpha Natural Resources specializes in the production and supply of metallurgical coal, a key ingredient in the steel manufacturing process. Their core offerings include high-quality coking coal that meets stringent industry specifications, thus helping steel producers enhance operational efficiency and product quality. Their products are utilized predominantly in North America and international markets, catering to a diverse range of clients including major steel mills and foundries.


In 2014, Alpha Natural Resources reported a revenue of USD 4,287. 08 mn, with an EBITDA of USD -73. 59 mn. The company's revenue model is structured around B2B transactions with steel manufacturers, primarily through the direct sale of metallurgical coal products.


Clients benefit from tailored pricing plans reflecting the competitive market while ensuring consistent supply and product availability. Alpha Natural Resources is focused on expanding its market presence and optimizing its product offerings. The company plans to develop new metallurgical coal products aimed at enhancing steel production efficiency. Recent funding from the USD 259.


09 mn raised in January 2006 will be utilized to support these initiatives, facilitating expansion into new geographic regions and solidifying partnerships with established clients in the industry.


Primary Industry

Mining

Sub Industries

Coal & Lignite Mining

Website

www.alphanr.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Alpha Natural Resources, Inc. - financials

Fiscal Year EndedDec 31, 2007Dec 31, 2008Dec 31, 2009Dec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014
Revenue (USD)1,489,663,0001,690,130,0002,495,507,0003,917,156,0007,109,186,000---
% Revenue Growth (YoY)-13.5%47.7%57.0%81.5%---
EBITDA (USD)275,380,000280,346,000503,328,000790,059,000117,054,000---
Operating Income (USD)74,628,00064,978,000117,295,000173,611,000(568,990,000)---
Operating Margin5.0%3.8%4.7%4.4%(8.0%)---
% EBITDA Margin18.5%16.6%20.2%20.2%1.6%---
NET Income (USD)32,607,00011,554,00058,005,00095,551,000(677,390,000)---
% Net Margin2.2%0.7%2.3%2.4%(9.5%)---

Alpha Natural Resources, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedKentucky May Coal Company, LLC-
Private Placement/Follow onCompletedAlpha Natural Resources, Inc.-
Add-onCompletedNicewonder Coal Group-
IPOCompletedAlpha Natural Resources, Inc.-
Add-onCompletedMoravian Run Reclamation Co., Inc.-

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Alpha Natural Resources, Inc. - employee data

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