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Alpha Natural Resources Inc
Alpha Natural Resources Inc (ANR) was a major coal mining company based in the United States. The company was one of the largest producers of metallurgical coal in the nation, which is used in the production of steel. ANR operated coal mines in Virginia, West Virginia, Kentucky, and Pennsylvania.
However, it's important to note that Alpha Natural Resources Inc. filed for Chapter 11 bankruptcy protection in August 2015 and emerged from bankruptcy in July 2016 as a smaller, privately-held company. As a result, the company's stock was delisted from the New York Stock Exchange (NYSE) and is no longer publicly traded.
Before its bankruptcy, Alpha Natural Resources had reported financial struggles due to a number of factors, including a decline in the price of coal, increased competition from natural gas, and stricter environmental regulations. In its most recent annual report filed with the Securities and Exchange Commission (SEC) before its bankruptcy, Alpha Natural Resources reported a net loss of $2.7 billion for the year ended December 31, 2014, compared to a net loss of $1.1 billion for the prior year. The company's revenue also declined from $4.4 billion in 2013 to $3.6 billion in 2014.
In terms of growth, Alpha Natural Resources had been facing significant challenges in recent years. The company's revenue and net income had been declining for several years prior to its bankruptcy, and the outlook for the coal industry as a whole had been uncertain due to the factors mentioned earlier.
Overall, while Alpha Natural Resources was once a significant player in the U.S. coal industry, the company's financial struggles and eventual bankruptcy highlight the challenges faced by the industry as a whole.