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Exhibit 12.2

Alpha Natural Resources, Inc. and Subsidiaries
Computation of Other Ratios
As of June 30, 2014
(Amounts in thousands except ratios)

Total Senior Secured Debt less Unrestricted Cash to Adjusted EBITDA Ratio: The total senior secured debt to Adjusted EBITDA ratio is defined as consolidated senior secured debt less unrestricted cash divided by Adjusted EBITDA. The deduction for unrestricted cash is limited to $700 million of cash and marketable securities other than shares of Rice Energy.

Total senior secured debt less unrestricted cash
 
$
(82,812
)
 
 
 
Adjusted EBITDA (1)
 
$
512,498

 
 
 
Total senior secured debt less unrestricted cash to Adjusted EBITDA ratio
 
(0.16
)


(1) Adjusted EBITDA is defined and calculated in “Management's Discussion and Analysis of Financial Condition and Results of Operations-Analysis of Material Debt Covenants” in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2014.





Coal sales realization per ton: Coal sales realization per ton is defined as coal revenues divided by tons sold.

 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
Revenues:
 
 
 
 
 
 
 
 
Coal revenues:
 
 
 
 
 
 
 
 
Eastern steam
 
$
438,144

 
$
447,246

 
$
880,005

 
$
936,290

Western steam
 
93,391

 
108,633

 
209,176

 
238,323

Metallurgical
 
387,718

 
567,297

 
782,892

 
1,088,952

Total
 
$
919,253

 
$
1,123,176

 
$
1,872,073

 
$
2,263,565

 
 
 
 
 
 
 
 
 
Tons sold:
 
 
 
 
 
 
 
 
Eastern steam
 
7,486

 
7,152

 
15,071

 
15,053

Western steam
 
7,908

 
8,785

 
17,355

 
18,738

Metallurgical
 
4,492

 
5,620

 
8,883

 
10,671

Total
 
19,886

 
21,557

 
41,309

 
44,462

 
 
 
 
 
 
 
 
 
Coal sales realization per ton:
 
 
 
 
 
 
 
 
Eastern steam
 
$
58.53

 
$
62.54

 
$
58.39

 
$
62.20

Western steam
 
$
11.81

 
$
12.37

 
$
12.05

 
$
12.72

Metallurgical
 
$
86.31

 
$
100.95

 
$
88.13

 
$
102.05

Average
 
$
46.23

 
$
52.10

 
$
45.32

 
$
50.91