ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, February 1, 1992                   TAG: 9202010157
SECTION: BUSINESS                    PAGE: A-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short


EARNINGS . . .

Coastal Corp., Houston parent of ANR Coal Co. and Coastal Coal Sales Co. of Roanoke, on Friday reported net earnings for 1991 of $96.3 million, down 57.3 percent from $225.6 million in 1990. Operating profits of $601 million last year were off 22.6 percent from $776.5 million a year earlier. Earnings per common share were 92 cents compared to $2.15 per share in 1990. For the fourth quarter, net earnings were $12.4 million, or 12 cents per share, down 87 percent from $94.9 million, or 90 cents per share. Operating profit for the quarter was $128.7 million, down 48 percent from $247.4 million.



by Bhavesh Jinadra by CNB