Massey Energy Company (MEE) Finds New Utility Supply Agreements to its Liking as Dividend is Announced Ahead of Annual Meeting
As the world works through how it is going to deal with cleaner energy needs, there is very little talk about where current energy is coming from. A light switch gets turned on and light is expected; the weather turns hot and people demand air conditioning. The power needs to come from somewhere, regardless of future considerations, and some are firmly positioned to profit handsomely. Massey Energy Company, an Appalachian Mountain Basin coal supplier, provides high-quality/low-sulfur coal to utility companies, steel manufacturers and other customers requiring coal that, in certain instances, is considered meteorological grade. The company is currently experiencing…