Last $13.35 USD
Change Today 0.00 / 0.00%
Volume 0.0
PATCA On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 04/3/14 All times are local (Market data is delayed by at least 15 minutes).

patriot coal corp - a (PATCA) Snapshot

Open
$13.35
Previous Close
$13.35
Day High
$13.35
Day Low
$13.35
52 Week High
02/10/14 - $15.00
52 Week Low
01/29/14 - $11.50
Market Cap
5.4M
Average Volume 10 Days
12.6
EPS TTM
--
Shares Outstanding
406.9K
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PATRIOT COAL CORP - A (PATCA)

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patriot coal corp - a (PATCA) Details

Patriot Coal Corporation engages in the mining, preparation, and sale of thermal and metallurgical coal with coal reserves in the Appalachia and the Illinois Basin coal regions in the eastern United States. The company sells its thermal coal primarily to electricity generators, and metallurgical coal to steel mills and independent coke producers. As of December 31, 2012, its operations consisted of 11 active mining complexes. The company controls approximately 1.8 billion tons of proven and probable coal reserves, including metallurgical coal and medium and high-Btu thermal coal, with low, medium, and high sulfur content. Patriot Coal Corporation is based in St. Louis, Missouri.

4,100 Employees
Last Reported Date: 02/22/13

patriot coal corp - a (PATCA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $653.3K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $155.3K
Chief Marketing Officer and Senior Vice Presi...
Total Annual Compensation: $409.6K
Senior Vice President of Law & Administration...
Total Annual Compensation: $374.9K
Senior Vice President of Global Strategy & Co...
Total Annual Compensation: $540.8K
Compensation as of Fiscal Year 2012.

patriot coal corp - a (PATCA) Key Developments

Patriot Coal Corporation Files Form 15

Patriot Coal Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share.

Patriot Coal Corporation Secures Consents for Conversion of Credit Facility

Patriot Coal Corporation announced that it has secured the required consents from its lenders to transfer a portion of the company's current letter of credit facility into a new $201 million letter of credit facility with a five-year term. Additionally, the company is preparing to commence syndication of a $250 million term loan facility and a $125 million asset-backed revolving loan facility. Barclays will serve as Lead Left Arranger and Bookrunner for the term loan facility, with Deutsche Bank acting as Joint Lead Arranger and Bookrunner. Deutsche Bank will serve as Left Lead Arranger and Bookrunner for the asset-backed revolving loan facility, with Barclays acting as Joint Lead Arranger and Bookrunner. The company expects to launch the syndication of these facilities on November 14 with the expected closing of the facilities concurrent with Patriot's emergence from bankruptcy, expected prior to the end of 2013. The financing agreements are subject to typical conditions, including, among others, approval by the Bankruptcy Court, completion of definitive financing documentation, and successful syndications in the loan markets.

Patriot Coal Corporation Enters into Amendment No. 3 to Super Priority Secured Debtor-In-Possession Credit Agreement

On October 29, 2013, Patriot Coal Corporation entered into amendment no. 3 (the credit agreement amendment) to the super priority secured debtor-in-possession credit agreement dated July 9, 2012, and as amended August 7, 2012 and August 7, 2013, among patriot, certain subsidiaries of patriot designated therein as guarantors, Citibank, N.A., as administrative agent, Citicorp North America, inc., Barclays Bank PLC, New York branch and bank of America, N.A, as l/c issuers, and certain other lenders party thereto (the credit agreement). the credit agreement amendment amends the credit agreement to remove a covenant that required patriot to obtain committed financing related to a plan of reorganization no later than October 31, 2013. the credit agreement amendment became effective in accordance with its terms on October 30, 2013.

 

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