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13 pts

Opinion on  Massey Energy Company (MEE)     Sector: Energy  >  Industry: Coal
Massey Energy Co.

Jun 06, 2008 09:32 AM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Fundamental Analysis  

Massey Energy Company, through its subsidiaries, produces, processes, and sells bituminous coal. The company’s customers include electric utilities, steel manufacturers, industrial customers, and energy traders and brokers. As of December 31, 2007, it owned and operated approximately 188 wells, 200 miles of gathering line, and various small compression facilities in Appalachian Basin. The company also operated 47 mines, including 35 underground and 12 surface in West Virginia, Kentucky, and Virginia. Massey Energy Company distributes its products through freight and terminal agreements with various providers, including railroads, barge lines, steamship lines, bulk motor carriers, and terminal facilities. The company was founded in 1912 and is headquartered in Richmond, Virginia.

MEE Market Data

Currency US Dollars
Share Price $72.35  
Change Today $4.68
52 Week High $72.49
52 Week Low $17.36
Volume 3,367,336
Beta 1.48
RiskGrade 331
<!-- -- END secondColHolder ---->

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 11
Sell 0
Strong Sell 0
Total 16
10 LAST TRADES <!--10 LAST TRADES--> USD
Time <!--Time--> Last <!--Last--> Volume <!--FormatNumber(cint(objPhrases.Item("256")),0,,,-2) Volume-->
22:00:51 / 2008-06-05 <!--black--> 72,35 26 000
22:00:49 / 2008-06-05 <!--green--> 72,35 11 300
21:59:55 / 2008-06-05 <!--green--> 72,30 400
21:59:55 / 2008-06-05 <!--black--> 72,25 100
21:59:55 / 2008-06-05 <!--green--> 72,25 300
21:59:55 / 2008-06-05 <!--red--> 72,24 100
21:59:51 / 2008-06-05 <!--green--> 72,25 300
21:59:48 / 2008-06-05 <!--green--> 72,20 200
21:59:42 / 2008-06-05 <!--red--> 72,19 200
21:59:36 / 2008-06-05 <!--green--> 72,27 100
Latest 10-Q   Latest 10-Q

nsider Transactions by Massey Energy Co.

Past 90 Days
Insiders control 0.24% of MEE through the 215,808 shares that they hold. This level of ownership is below the Oil, Gas and Consumable Fuels industry norm. Plus, over the last 3 months, insiders have sold a net 47.1K shares. This is in stark contrast to the 2-year quarterly average where insiders purchase a net 87.4K shares and may provide some indication that insiders are less bullish than they have been in recent times.
<thead> </thead>
Insider Volume Value
Alpha Natural Resources Inc. 43.2K $456.0K
Arch Coal Inc. 111.5K $957.3K
Cleveland-Cliffs Inc. 22.4M $366.2M
TECO Energy Inc. 197.8K $1.1M
Vectren Corp. 49.0K $225.8K
View Industry Companies
K = Thousand M = Million B = Billion
<thead> </thead>
nsider Volume Value
Alpha Natural Resources Inc. 96.5K $2.7M
Arch Coal Inc. 146.7K $6.7M
Cleveland-Cliffs Inc. 75.5K $4.2M
TECO Energy Inc. 146.9K $1.9M
Vectren Corp. 40.5K $279.7K

iew Industry Companies
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MOST ACTIVE INSIDERS

<thead> </thead>
Executive Bought Sold
TOLBERT ERIC BRIAN 12,122 24,444
CLEMENS MARK A 7,279 16,620
JAROSINSKI JEFFREY M 6,927 13,854
HARVEY M SHANE 6,862 13,724
SNELLING MICHAEL KEITH 4,914 9,828


Update 06/29:

http://suprastock.blogspot.com/2010/06/top-10-rebounding-coal... http://suprastock.blogspot.com/ Massey Energy Company (NYSE:MEE) is the 8th best rebounding stocks in this segment of the market. It has risen 91% from its 52-week low. It is now trading at 55% of its 52-week high.


MEE:  This call was made on 06/06/08 @ $75.23
Rating:   Positive   $75.23 (06/06/08)
Gain/Loss:   n/a in 1451 days
Target:   $135.00 (+79.45%) in Six months


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