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Murray Energy

Company Summary

Description

Murray Energy Corporation is the largest privately owned coal company in the United States, producing approximately 65 million tons of high quality bituminous coal each year, and employing over 7,500 people in six states.

Website

http://www.murrayenergycorp.com/about/

Related Entities

Recent news

  • 9/17/2020 - Murray Energy Sells... (subscriber access)
  • 6/10/2020 - Murray Energy Laying Off... (subscriber access)
  • 1/25/2018 - Murray Energy Acquiring... (subscriber access)
  • 3/17/2017 - Foresight Energy LP... (subscriber access)
  • 10/26/2016 - Murray Energy Selling... (subscriber access)

Company Transactions

Date: 6/25/2018
Type: Acquisition

BUYERS:
  • Murray Kentucky Energy, Inc.
  • Murray Energy
    • SELLERS:
  • Armstrong Energy Inc.
  • Knight Hawk Holdings, LLC
    • DETAILS:
    NOTES:
    Murray Kentucky Energy has entered into a deal to acquire a 51% stake in a new entity which will own assets formerly held by Armstrong Energy. The purchase is being made from Armstrong, who will retain a 49% stake in the new firm.
    REGIONS:
  • Illinois Basin

    • Date: 11/15/2016
    Type: Acquisition

    SELLERS:
  • Murray Energy
    • DETAILS:

    COST: 63.6 $MM

    ACRES: 5900 Acres

    NOTES:
    Murray will initially receive $48.6 million upon closing with two other payments of $7.5 million coming in 2017 and 2018.
    REGIONS:
  • Utica