International Coal Group, Inc., through its subsidiaries, produces coal in Northern and Central Appalachia with a range of mid to high Btu, low to medium sulfur steam, and metallurgical coal. It produces, processes, and sells steam coal from 12 regional mining complexes, which, as of December 31, 2007 were supported by 13 active underground mines, 13 active surface mines, and 9 preparation plants located throughout West Virginia, Kentucky, Maryland, and Illinois. The company owned or controlled approximately 316 million tons of metallurgical quality coal reserves and approximately 649 million tons of steam coal reserves. It markets its coal to various customers, including investment grade electric utilities, as well as domestic and international industrial customers. International Coal Group was founded in 2004 and is based in Scott Depot, West Virginia.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $10 |
| Analysts' Targets |
| UBS Securities | $10 |
| Neutral |
Thursday, April 24, 2008
|
$13.13 (06/29/08)
