8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) September 5, 2007

MASSEY ENERGY COMPANY

(Exact name of registrant as specified in its charter)

Delaware	1-7775	95-0740960
(State or other jurisdiction of Incorporation)	(Commission File No. )	(I.R.S. Employer Identification Number)

4 North 4th Street, Richmond, Virginia	23219
(Address of principal executive offices)	(Zip Code)

Registrant^’s telephone number, including area code: (804) 788-1800

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

Item 7.01. Regulation FD Disclosure.

On September 6, 2007, Don L. Blankenship, the Registrant’s Chairman and CEO, will make a presentation at the Lehman Brothers CEO Energy/Power Conference held in New York City. In addition, Mr. Blankenship will hold several meetings with investors. A copy of the materials that will be presented at the conference and in meetings held with investors is furnished as Exhibit 99.1 hereto and incorporated by reference herein.

In accordance with General Instruction B.2 of Form 8-K, this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing. The information in this Report will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits.

Exhibit Number	Description of Exhibit
99.1	Investor presentation materials dated September 6, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MASSEY ENERGY COMPANY
Date: September 5, 2007	By:	/s/ Richard R. Grinnan
	Name:	Richard R. Grinnan
	Title:	Vice President and Corporate Secretary

Exhibit Index

99.1 Investor presentation materials dated September 6, 2007.

EX-99.1

1

Don Blankenship, Chairman and CEO

Lehman Brothers

2007 CEO Energy Conference

New York

September 6, 2007

Exhibit 99.1

2

FORWARD-LOOKING STATEMENTS: certain statements in

this presentation are forward-looking as defined by the

Private Securities Litigation Reform Act of 1995.  Due to

known and unknown risks, the company’s actual results

may differ materially from its expectations or projections.

Factors potentially contributing to such differences are

described in further detail at the conclusion of this

presentation and in the company’s annual reports on form

10-K and quarterly reports on form 10-Q.

Safe Harbor Statement

3

Industry in Transition

A Time of Opportunity for Massey

4

Massey Energy Company

Massey has an extraordinary strategic

opportunity for its shareholders

heading into the next three years

•Industry in transition and full of opportunities

•Proven record of capitalizing on industry cycles

•Unprecedented existing competitive advantages

•Free cash flow and liquidity to invest in expansion

5

Our View of Steam Coal Market

•

CAPP utility inventories 24% higher than typical*

•

4% CAPP production decline year-to-date 2007 versus

2006 yet utility inventories have continued growing*

•

Scrubber installations projected to reduce demand for

CAPP utility coal up to 33 million tons by 2010 (from 155

mm tons to 122 mm tons)*

•

Portion of unsold industry production will be driven out of

the market by 2010

* Source:  Energy Ventures Analysis

6

Massey Unpriced

Steam Sales*

* As of 7/27/07. Total tons sold in 2008 to 2010 based on first

half 2007 sales, annualized

0

2

23

0

5

10

15

20

25

2008

2009

2010

7

Strong Metallurgical Coal Market

•

Increasing global steel demand

•

18.5 mm tons of potential new high vol. metallurgical

coal demand planned in Atlantic Basin

•

Limited Australia coal supply growth

•

Weak U.S. dollar favors CAPP coal

•

High ocean freight rates favor all U.S. exports

8

Strong Metallurgical Coal Market (cont.)

•

32% of Massey’s revenues from metallurgical coal

•

Massey represents more than one-quarter of the U.S.

high vol. metallurgical coal market

•

Massey positioned for upside metallurgical coal pricing

[about two-thirds of projected 2008 & 2009 metallurgical

coal production is unpriced*]

•

Massey plans to expand its investment in metallurgical

coal mines

*as of 7/26/07

9

Meeting Judicial Challenge -

Judge Chambers

•

Environmental litigants are attempting to use stretched

interpretations of the Clean Water Act to obstruct surface mining

•

Massey’s exposure to permitting uncertainty is manageable and

less than its Central Appalachian competitors

•

Vast and diverse reserve base

•

Can

alter

surface

permits

to

utilize

highwall

miners

•

Idle fill capacity can be reactivated

•

Massey has 100 million surface tons already permitted

10

Meeting Regulatory Challenges -

EPA

•

EPA filed suit over water samples going back over 6 years ago

•

The samples demonstrate a compliance rate better than

comparable peers and better than the 99% rate originally

expected by regulators

•

Discussions to settle the case continue

•

Third party consultant estimated Massey liabilities to be in the

range of $1.5 to $7.0 million

11

Meeting Regulatory Challenges -

Safety

•

Safety regulations are in a continuous state of flux

•

Underground mining costs are increasing

•

Utah mining accident will maintain political pressure to

‘do something’

•

Regulatory and permitting burdens may lead to fewer

small producers in Central Appalachia

•

Massey will deal with the laws but, most importantly,

continue to protect its miners

12

0.00

2.00

4.00

6.00

8.00

10.00

12.00

Industry

Massey

*Non-Fatal

Days

Lost

per

200,000

hours

worked.

2007

YTD

for

first

6

months

Massey’s “Safety First”

Program Works

Massey vs. Industry NFDL* History

13

Massey Safety Record -

Underground

*Non-fatal days lost

Massey vs. Industry Underground NFDL* History

*Non-Fatal

Days

Lost

per

200,000

hours

worked.

2007

YTD

for

first

6

months

0.00

2.00

4.00

6.00

8.00

10.00

12.00

Industry

Massey

14

Massey’s “Safety First”

Program Works

•

Massey operations have recently won safety awards 

–

Elk Run Castle Mine

–

Elk Run Black Knight 2

–

Independence Coal Company Justice 1

–

Marfork

Prep Plant

–

Charles Roach

–

Mine Foreman: Co-Safety Leader of the

Year 2006

–

Massey West Virginia Mine Rescue Team

15

Labor & Productivity Challenges

•

Coal market correction has reduced overheated

competition for experienced labor

•

Reduced voluntary turnover expected to translate over

time to a recovery in productivity

•

Reduced

emphasis

on

longwall

mining

•

Increased emphasis on metallurgical room and pillar

mining

16

Voluntary Turnover vs. Underground Productivity*

*

Productivity

measured

as

feet

per

shift

for

Massey

underground

mines.

17

Track Record of Growth

“Against the Grain”

18

Key Historical Events –

1980 to 2000

•

1978-1980 Developed first large non-union mines in Boone and

Mingo Counties, WV

•

Sued UMWA in the early 1980’s when they responded with

violence and property destruction

•

1984-1985 Withstood violent UMWA labor strike to obtain a

contract which allowed for growth

•

Sued WV Governor in 1989 to get enforcement of the trespass

laws during a labor dispute

•

Invested in metallurgical reserves and operations in the face of

projected declining market

19

The Result of “Decisions Against the Grain”

Massey grew and flourished while competitors

who accepted the “status quo”

exited Central

Appalachia or went into bankruptcy

20

Growth while Competitors Struggle

Note:

Projection

based

on

Energy

Ventures

Analysis

CAPP

forecast

and

assumed

Massey internal growth to 52 million tons by 2012

SOURCE: Energy Ventures Analysis

Massey Production   

(mm tons)

CAPP Non-Massey Production   

(mm tons)

100

150

200

250

300

1987

1992

1997

2002

2007E

2012E

Historical

Projected

0

10

20

30

40

50

60

1987

1992

1997

2002

2007E

2012E

Historical

Projected

21

Competitor Bankruptcies

Cook Brothers

2003

James River Coal

2003

Pen Coal

2002

Pittston *

2002

AEI/Horizon

2002

Lodestar

2001

Quaker Coal

2000

Island Creek *

1993

Westmoreland

1994 & 1996

* Sold under financial distress

22

-

500

1,000

1,500

2,000

2,500

87

88

89

90

91

92

93

94

95

96

97

98

99

00

01

02

03

04

05

06

07E

$20

$25

$30

$35

$40

$45

$50

$55

$60

Massey Reserves

Average Coal Price (real 2006$)

Growth ‘Against the Grain’

Note: Average Coal Price for NYMEX quality Central Appalachian coal, 12,500 Btu/ 1% Sulfur

SOURCE: Energy Ventures Analysis

23

Shareholder Value Creation

Massey has created long-term value for its shareholders by

making investments “Against the Grain”

•

Big Creek

•

Performance

•

Bethlehem reserves (Marfork)

•

Mammoth

•

Starfire

•

Delbarton

•

Nicholas

24

Massey Approach to External Issues

•

Advocate ‘real and meaningful’

safety and environmental

changes

•

Work to improve the economic and business climate of

Central Appalachia

•

Educate public on true “cost/benefit”

of energy from coal

•

Invest through the bottom of coal price cycle

25

Investment Advantages

26

Massey Energy Company

•

The leading coal producer in Central Appalachia

–

92 years of uninterrupted business

•

2 billion tons of coal reserves

–

3 times that of nearest regional competitor

•

Strong and growing market share

–

2 times that of nearest regional competitor

•

Abundant growth opportunities

–

Numerous times that of nearest regional competitor

27

Central Appalachian Advantage

$5 per ton or more freight

advantaged to

Southeastern U.S. markets

–

with increasing rail rates

Transportation advantaged

to Atlantic basin export

markets

Some of the highest quality

metallurgical coals in the

world

•

Massey Utility

Customers

28

Product Diversity and Mix

100%

43%

62%

38%

2,273 mm

970 mm

1,412 mm

861 mm

Total

Compliance

-1% Sulfur

+ 1% Sulfur

Reserve

tons

as

of

12/31/06

32%

Metallurgical

10%

Industrial

59%

Utility

First

Half

2007

Produced

Coal

Revenue

29

Central Appalachian Reserves

* CONSOL pro forma for AMVEST acquisition

** Peabody reserves are as of 12/31/2005

SOURCE: Company Financials and websites

12/31/2006 Central Appalachian Reserves (mm tons)

2,183

629

624

456

402

338

274

233

211

197

-

500

1,000

1,500

2,000

2,500

30

50 Years of Reserves

What does this mean for Massey Energy?

•

Cost & margin advantage on current production

•

Organic growth opportunities -

235 mm tons that can

easily be put into production with relatively small capital

investment

•

Reserve control is the key to consolidate region and

expand market share

31

Regional Cost & Margin Advantage

Over the long-term, Massey expects to record higher per ton

margins due to our cost advantage and metallurgical

production

Higher proportion of metallurgical sales

Revenue Advantage:

Premium reserves

Lower royalties

Best practices

Equipment/infrastructure/scale

Lower legacy liability expense

Cost Advantage:

32

Investment in Process Improvement

Massey creates value by investing in process and productivity

improvements

•

Slopes for quicker access to mine face

•

Belting to reduce trucks on the road

•

Higher capacity preparation facilities

•

Bigger and better maintained equipment

•

Extensive best practices documentation and training

33

Operating Cost Advantage

$0.50

Preparation Plant Scale & Efficiency

$1.00

Less Trucking

$1.00

Lower Royalty Rates

$6.00

Estimated Operating Cost Advantage

$3.50

Reserve Mineability

Massey Central Appalachian Cost Advantage ($/ton)*

* Massey estimates of advantage versus Central Appalachian marginal coal producer

34

Low Legacy Liabilities

2006

Legacy

Liabilities*

($

millions)

* Legacy Liabilities includes reclamation, black lung, workers compensation, pension, retiree

medical and Rockefeller obligations

SOURCE:  Company financial statements

$2,293

$771

$425

$337

$141

$136

$123

$3,476

$0

$1,000

$2,000

$3,000

$4,000

Consol

Peabody

Foundation

Massey

Arch

ICG

Alpha

James

River

35

Corporate Responsibility

•

Environment

•

Employee obligations

•

Governmental regulations

•

Local community involvement

36

Strong Liquidity

$ In Millions

$322

June 30, 2007 Cash

$436

$114

Available Liquidity (6/30/07)

Credit Facility Availability

•

Liquidity in a credit nervous market

•

Financial strength to acquire distressed competitors

•

Capital to develop reserve base

37

First Six Months 2007 Pre-tax Free Cash Flow*

$ in millions

* Pre-tax Free Cash Flow excludes changes in working capital.  Based on EBT, less gain on swaps, less Capital

Expenditures.

Capital

Expenditures

includes

½

of

annual

Federal

Lease

Payments

and

asset

acquisitions.

SOURCE: Company financial statements

$60

$46

$45

($21)

($25)

($85)

($70)

($100)

($80)

($60)

($40)

($20)

$0

$20

$40

$60

$80

Massey

Peer 1

Peer 2

Peer 3

Peer 4

Peer 5

Peer 6

38

Enterprise Value vs. LTM EBITDA*

* Enterprise Value equals market value of equity as of 8/31/07, plus net debt.  Last Twelve Months as of 6/30/07.

SOURCE:  Bloomberg,

Company financial statements

16.5x

15.8x

14.5x

11.9x

7.7x

5.8x

7.4x

0.0x

3.0x

6.0x

9.0x

12.0x

15.0x

18.0x

Peer 1

Peer 2

Peer 3

Peer 4

Peer 5

Peer 6

Massey

39

Looking Ahead

40

Massey 5 Year Strategic Vision

•

Massey controls 45% of Central Appalachian coal

reserves

•

Massey has 30-40% of Central Appalachian coal

production

•

Massey’s cost advantage in region increases another

$2 per ton

•

Massey’s metallurgical production expanded

41

Massey Looking Ahead

•

Grow while competitors shrink

–

Acquire reserves and production from distressed competitors

–

Develop low cost reserves from our portfolio

•

Expand on our leading margins

–

Recover our labor productivity

–

Capture synergies from acquisitions

–

Minimal reserve degradation while prices rise

42

Massey Looking Ahead

Note: Projection based on Energy Ventures Analysis Central Appalachian forecast and assumed

Massey 60 mm tons of annual reserve acquisitions

SOURCE: Energy Ventures Analysis, Company estimates

0

2000

4000

6000

8000

10000

12000

87

92

97

02

07E

12E

17E

Other CA Coal Reserves

Massey Coal Reserves (% of total)

Assume Massey acquires 60mm tons per year

7%

10%

36%

31%

21%

45%

55%

43

Massey Reserve Strength

729 mm tons with mineability

equal to or better than what

we are mining today

•

400

mm

tons

underground

with

average

clean

tons/ft

2.62

•

329

mm

tons

surface

with

yards/ton

ratio

15.10

•

185 mm tons metallurgical & 544 mm tons steam

“Our largest competitor’s total reserve base is only about

629 mm tons in Central Appalachia"

44

Growth Potential

All the necessary components are available to be Central

Appalachia consolidator:

•

Capital

•

Low-cost reserves

•

Infrastructure

•

Labor

•

Acquisition opportunities

•

2008 & 2009 sold steam coal position

45

Acquisition Opportunities

Central

Appalachian

Coal

Production

-

2006

SOURCE: Energy Ventures Analysis, Company Financials

8%

8%

8%

5%

5%

4%

4%

4%

3%

16%

32%

4%

Massey

Misc. small

producers

46

Acquisition Opportunities

Projected

Central

Appalachian

Coal

Production

-

2012

SOURCE: Energy Ventures Analysis,  Company estimates

35%

Massey -

Projected

Other

producers

47

Massey’s Operating Principles

•

Be the safest coal mining company

•

Be the most environmentally responsible coal company

•

Honor our commitments to members

•

Be forthright and truthful regarding external challenges

•

Increase market share

•

Reinvest majority of cash flow in internal growth

•

Acquire others at the right value

•

Provide strong and sustainable returns to shareholders

48

Disclaimer

FORWARD-LOOKING STATEMENTS: certain statements in this presentation are forward-looking as defined by the private securities

litigation reform act of 1995.  Such forward-looking statements are based on facts and conditions as they exist at the time such statements

are made as well as predictions as to future facts and conditions the accurate prediction of which may be difficult and involve the

assessment of events beyond the company’s control. Caution must be exercised in relying on forward-looking statements. Due to known

and unknown risks, the company’s actual results may differ materially from its expectations or projections. Factors potentially

contributing to such differences include, among others: market demand for coal, electricity and steel which could adversely affect the

company’s operating results and cash flows; Future economic or capital market conditions; Deregulation of the electric utility industry;

Competition in coal markets; Inherent risks of coal mining beyond the company’s control, including weather and geologic conditions; The

company’s ability to expand mining capacity; The company’s production capabilities; The company’s plan and objectives for future

operations and expansion or consolidation; Failure to receive anticipated new contracts; Customer cancellations of, or breaches to, existing

contracts; Customer delays or defaults in making payments; The company’s ability to manage production costs; The company’s ability to

timely obtain necessary supplies and equipment; The company’s ability to attract, train and retain a skilled workforce; Fluctuations in the

demand for, price and availability of, coal due to labor and transportation costs and disruptions, governmental policies and regulatory

actions, legal and administrative proceedings, settlements, investigations and claims, foreign currency changes and other factors; And

greater than expected environmental and safety regulation, costs

and liabilities. The forward-looking statements are also based on various

operating assumptions regarding, among other things, overhead costs and employment levels that may not be realized. While most risks

affect only future costs or revenues anticipated by the company,

some risks might relate to accruals that have already been reflected in

earnings. The company’s failure to receive payments of accrued amounts could result in

a charge against future earnings. Information

concerning those factors is available in the company’s annual reports on form 10-K and quarterly reports on form 10-Q. 

Included in this presentation is the non-GAAP measure, EBITDA. "EBITDA" is defined as Income before interest and taxes (a GAAP

measure) before deducting Depreciation, depletion, and amortization.  Although EBITDA is not a measure of performance calculated

in

accordance with generally accepted accounting principles, management believes that it is useful to an investor in evaluating Massey Energy

because it is widely used in the coal industry as a measure to evaluate a company's operating performance before debt expense and as a

measure of its cash flow.  EBITDA does not purport to represent operating income, net income or cash generated by operating activities

and should not be considered in isolation or as a substitute for

measures of performance calculated in accordance with generally

accepted

accounting principles.  In addition, because EBITDA is not calculated identically by all companies, the presentation here may not be

comparable to other similarly titled measures of other companies. A reconciliation of EBITDA to Income before interest and taxes can be

found in the company’s annual reports on form 10-K and quarterly reports on form 10-Q.

49

Disclaimer (continued)

Included in this presentation is the non-GAAP measure, Pre-tax free cash flow. “Pre-tax free cash flow" is calculated as

Income

before

taxes

less

the

sum

of

Capital

expenditures

and

Gain

on

reserve

exchange.

Although

Pre-tax

free

cash

flow

is

not a measure of performance calculated in accordance with generally accepted accounting principles, management believes

that

it

is

useful

to

an

investor

in

evaluating

Massey

because

it

provides

a

measure

of

the

cash

that

the

company

has

available

for

debt

repayments

and

dividends.

Pre-tax

free

cash

flow

should

not

be

considered

in

isolation

or

as

a

substitute

for

measures of performance in accordance with generally accepted accounting principles.

50

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