Bituminous Coal Underground Mining Industry

NAICS: 212112

For additional companies see the Coal Mining Industry

Bituminous Coal Underground Mining Market Share: Largest Companies in the Bituminous Coal Underground Mining Industry

Company	Headquarters	Revenue ($ MM)
LCT ENERGY	Latrobe, PA	100
RANGER FUEL COAL	Roanoke, VA	46
PATRIOT MINING	Abingdon, VA	37
SELAH	Gilbert, WV	27
JET COAL	Virgie, KY	27
HARLAN-CUMBERLAND COAL	Grays Knob, KY	25
REX COAL	Grays Knob, KY	21
GARRETT MINE SUPPLY	Oakland, MD	18
PATRIOT MARINE SERVICES	Lockport, LA	15
CLAS COAL	Jasper, AL	13
SUPERIOR PROCESSING	Bluefield, WV	12
CAVALIER MINERAL	Vansant, VA	12
ADELLA COAL	Leburn, KY	11
RS MINING	Oceana, WV	10
NOBLE COAL	Allen, KY	9
SALLY ANN COAL	Bluefield, WV	9
MEIGS MINE SERVICE	Portland, OH	8
JRC MINING	Hyden, KY	7
G & S COAL	Bloomington, MD	6

This is a list of the largest companies active in the Bituminous Coal Underground Mining industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Bituminous Coal Underground Mining industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Bituminous Coal Underground Mining Companies

A list of competitors in the Bituminous Coal Underground Mining industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Bituminous Coal Underground Mining businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Bituminous Coal Underground Mining companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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