This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Alpha Natural Resources Subsidiary To Open London Office; Vice President Named To Lead Effort

Stocks in this article: ANR

BRISTOL, Va., Feb. 6, 2014 /PRNewswire/ -- In continuing efforts to enhance servicing of international customers and take advantage of expanding European markets, Alpha Natural Resources, Inc. (NYSE: ANR), a leading U.S. coal supplier, today announced that subsidiary Alpha Coal Sales International Limited will open a London office.

"Our intent is to build an export platform for U.S. thermal coal that has long-term potential," said Alpha's Chief Commercial Officer Brian Sullivan. "This is another step in moving us further down the value chain as we continue our model of direct customer contact. Having an office in London – the financial center for coal globally – enhances customer support by putting us closer to the market. It also demonstrates Alpha's commitment to supplying the broadest portfolio of high quality Central Appalachian (CAPP) coals to customers across the continent and complements our well-established sales efforts in metallurgical coal."

To lead implementation of that strategy, the subsidiary has named Nick Ingham as vice president of international hedging, sales and marketing to head its London office.

With a background as a thermal coal trader with the U.K.'s largest utility generator, Ingham brings broad experience in the energy industry to his new role. He has served in operations and strategy positions with European utilities for the past decade and holds a Bachelor of Arts degree in business from Staffordshire University.

"We are fortunate to have an individual of Nick's caliber lead our London effort," Sullivan said. "He's widely respected for his strategic acumen and has broad experience in trading gas, power and coal and executing international coal trading strategy. That makes him a great fit to extend our European capabilities."

Alpha's objectives in the European market include increasing customer regard for the quality, reliability and dependability of the company's thermal coals and unsurpassed U.S. export capabilities.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs