Foresight Energy

What Foresight Energy does

Foresight Energy is a privately held U.S. thermal coal producer operating in the Illinois Basin and a subsidiary of American Consolidated Natural Resources, Inc. The company holds nearly 2 billion tons of recoverable coal reserves across four mining complexes — Hillsboro Energy (Deer Run), Macoupin Energy (Shay #1, currently idle), Sugar Camp Energy (MC#1 and Viking), and Williamson Energy (Mach #1) — for combined productive capacity of up to 50 million tons per year using longwall and continuous miner systems. Its coal ranges from 10,800 to 11,900 Btu/lb, positioning it competitively on a delivered-cost-per-Btu basis for eastern U.S. utilities with scrubbed emission-control equipment.

The company sells thermal coal through a direct sales motion to domestic electric utilities and industrial customers, plus international utilities and intermediaries in Europe, South America, India, China, Africa, and the Middle East via Gulf of Mexico and Mobile, Alabama export terminals. Revenue is generated through negotiated, multi-year supply contracts with pricing disclosed only at quote stage. Foresight has invested heavily in integrated logistics infrastructure — including the wholly owned Sitran Terminal on the Ohio River (25 million ton/year throughput, 1 million ton storage, blending capability), 3 locomotives, 1,000+ railcars, and access to five major rail carriers plus barge transport on the Ohio and Mississippi Rivers — which underpins its delivered-cost advantage.

The senior leadership team — CEO Robert D. Moore (appointed May 2015, with prior CEO/COO/CFO experience at Murray Energy) and CFO Jeremy J. Harrison (joined September 2017, formerly of Murray Energy) — also serves in parallel roles at parent American Consolidated Natural Resources, indicating tight operational integration. Beyond its core coal business, the company's infrastructure-investment arm, Foresight Energy Infrastructure Partners II (FEIP II), has begun deploying capital into energy-transition assets, including an investment in Mirai Power GmbH, a German battery energy storage developer with 12.5 GW of pipeline projects.

Name

Foresight Energy

Legal name

Foresight Energy

Website

https://foresight.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Foresight Energy is a privately held Illinois Basin thermal coal producer with nearly 2 billion tons of reserves, four mining complexes, integrated multi-modal transportation infrastructure, and export reach to utilities and industrial buyers across six continents.

Ownership category

akta.pro rank

Product category

Thermal Coal Mining

SIC

Bituminous Coal & Lignite Mining (1220)

akta.pro primary industry

Thermal Coal Mining (Steam Coal) (IMAKAIAA)

akta.pro secondary industries

Coal Preparation & Beneficiation (Washing, Crushing, Screening) (IMAKAIAH), Coal Handling, Stockpiling & Loadout Terminals (IMAKAIAI), Coal Exploration & Resource Development (IMAKAIAE)

Keywords

• Thermal coal production
• Underground coal mining
• Longwall mining systems
• Illinois Basin coal
• Coal transloading services

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Thermal Coal Sales: Foresight Energy generates revenue through the sale of thermal coal to electric utilities and industrial customers. The company sells coal domestically to power plants in the eastern United States and internationally to utilities and intermediaries in Europe, South America, India, China, Africa, and the Middle East. Exports have been occurring since 2008 through ports near New Orleans, Louisiana and Mobile, Alabama. Coal pricing is competitive on a delivered cost per Btu basis due to low operating costs, competitive transportation rates, and high heat content.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Foresight Energy is a leading producer of thermal coal operating four mining complexes in the Illinois Basin using highly efficient longwall mining systems. The company produces thermal coal with heat content ranging from 10,800 to 11,900 Btu/lb and distributes it through integrated rail, barge, and truck transportation infrastructure including the wholly owned Sitran Terminal transloading facility. Coal is sold to electric utilities and industrial customers in domestic U.S. markets and exported internationally to Europe, South America, India, China, Africa, and the Middle East.

Product overview

Foresight Energy is a leading thermal coal producer operating in the Illinois Basin with nearly 2 billion tons of coal reserves. The company operates four mining complexes (Hillsboro Energy, Macoupin Energy, Sugar Camp Energy, and Williamson Energy) using highly efficient longwall mining systems, producing coal with heat content ranging from 10,800 to 11,900 Btu/lb. The mining complexes are supported by integrated transportation infrastructure including the wholly owned Sitran Terminal transloading facility, multiple rail carrier access, and barge transport capabilities. Coal production is sold to domestic and international electric utilities and industrial customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Hillsboro Energy (Deer Run Mine) Underground longwall mining operation producing thermal coal with capacity up to 9 million tons per year and 302.1 million tons of coal reserves; located in central Illinois and operated by wholly owned subsidiary Patton Mining LLC.
• Macoupin Energy (Shay #1 Mine) Continuous miner operation producing thermal coal with productive capacity of 2.5 million tons per year and 72.6 million tons of coal reserves; located in central Illinois and operated by wholly owned subsidiary MaRyan Mining LLC. Status: Idle.
• Sugar Camp Energy Mining complex in southern Illinois with nearly 1.3 billion tons of clean, recoverable coal reserves; currently operates MC#1 Mine (operated by M-Class Mining LLC) and Viking Mine (operated by Viking Mine LLC) with combined capacity of 15 million tons per year.
• Williamson Energy (Mach #1 Mine) Longwall mining operation producing thermal coal with productive capacity of 7.5 million tons per year and 320.2 million tons of coal reserves; located in southern Illinois and operated by wholly owned subsidiary Mach Mining LLC.
• Sitran Terminal Wholly owned transloading facility on the Ohio River with throughput capacity exceeding 25 million tons per year, storage capacity of 1 million tons, blending capabilities, and loading rate of 5,000 tons per hour; serves as a key logistics hub for coal distribution.
• Coal Transportation Services Multi-modal coal transportation services providing direct access to rail carriers (Norfolk Southern, Union Pacific, Canadian National, CSX, BNSF), barge transport on the Ohio River and Mississippi River, and truck load-outs, supported by company-owned locomotives and more than 1,000 railcars for flexible delivery to domestic and export customers.

Quantifiable outcome

• Coal heat content ranging from 10,800 Btu/lb to nearly 11,900 Btu/lb providing high energy value per unit
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators13 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Peabody Energy: Largest US thermal coal producer with comparable Powder River Basin and Illinois Basin operations. Direct competitor in domestic utility coal markets and seaborne thermal exports.
• Arch Resources: Major US coal producer with thermal and metallurgical exposure across multiple basins. Comparable in scale, customer base (utilities), and logistics infrastructure (rail, river terminals).
• Alliance Resource Partners: Major Illinois Basin thermal coal producer (operates mines in Illinois). Directly comparable basin, mining method, and utility customer base to Foresight.
• CONSOL Energy: Pennsylvania-based thermal and metallurgical coal producer with longwall operations and rail/barge logistics. Comparable underground mining technology and utility customer segment.
• Hallador Energy: Indiana-based thermal coal producer serving utility customers. Comparable in size, regional footprint, and customer concentration in the eastern US power generation market.

Broad incumbents

• Warrior Met Coal: Major US underground coal producer focused on metallurgical exports. Comparable longwall operations, logistics infrastructure (own terminal), and export-oriented business model, though metallurgical rather than thermal.
• CNX Resources: Appalachian-based energy producer with coal and natural gas operations. Comparable underground mining operations and transition challenges facing thermal coal producers.
• Alpha Metallurgical Resources: Major US metallurgical coal exporter. Comparable in scale, export infrastructure, and underground longwall operations, though serving steel rather than utility markets.

Others

• American Consolidated Natural Resources: Parent company of Foresight Energy, also producing thermal coal in Appalachia and Illinois. Closely related operating entity with shared executive leadership.
• Murray Energy: Former major US thermal coal producer (now restructured into American Consolidated Natural Resources). Provides historical context for leadership team and industry consolidation thesis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/foresightenergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foresight Energy