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Company Background:

Arch Coal Inc (NYSE:ACI) was incorporated in 1969 and is engaged in production and marketing of steam and metallurgical coal from surface and underground mines in United States. Based in St. Louis, Missouri, the company operates 23 active mines and is reported to have 4.4 billion tons of proven and reserves. The company’s properties include 100,132 acres of coal land in West Virginia, 107,812 acres of coal land in Wyoming, 98,982 acres of coal land in Illinois, 73,361 acres of coal land in Utah, 49,069 acres of coal land in Kentucky, 18,114 acres of coal land in Montana,21,798 acres of coal land in New Mexico and 18,521 acres of coal land in Colorado.

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Don