|Current Penalties ($)||Amount Paid
To Date ($)
|Note: Vacated Citations are not included in any reports on the DRS.|
* Hours worked and accidents & injuries now include office hours or accidents (subunit 99).|
** Current rates are based on data available as of 2009 Quarter 4. For a further explanation, please see this.
|Cumberland||Tennessee Valley Authority||Tennessee Valley Authority||Stewart County, TN||1225973|
|Paradise||Tennessee Valley Authority||Tennessee Valley Authority||Muhlenberg County, KY||1170742|
|Ghent||E.ON AG (Germany)||Kentucky Utilities Co||Carroll County, KY||392989|
|H L Spurlock||East Kentucky Power Coop Inc||East Kentucky Power Coop Inc||Mason County, KY||175377|
|East Bend||Duke Energy||Duke Energy Kentucky Inc||Boone County, KY||115003|
|Mill Creek||E.ON AG (Germany)||Louisville Gas Electric Co||Jefferson County, KY||47952|
May 8, 2012
After the closure of the Big Mountain mining complex in West Virginia, announcing the closure of its Freedom Mine and racking $61 million in expenses and restructuring charges, Patriot Coal Corp. saw its first-quarter losses grow as coal demand continues to decline in the U.S. The company lost $75.3 million or 82 cents a share in the quarter.
A year ago, its loss was $15.9 million, or 17 cents a share. The company has responded by idling or closing mines while laying off 1,000 people since the start of 2012.
Patriot recorded $17.5 million in asset retirement expenses related to the closure of the Big Mountain mining complex in Boone County, W.V.
The company also said it was restating financial results from the past two years following a Securities and Exchange Commission review of its accounting for water treatment facilities at two mining complexes.
ST. LOUIS, Aug 24, 2010 /PRNewswire via COMTEX/
Patriot Coal Corporation (NYSE: PCX) announced today that Paul H. Vining is stepping down as President & Chief Operating Officer, effective immediately. In order to ensure a smooth transition of his responsibilities, Mr. Vining has agreed to continue in a senior advisory role at Patriot for a period which could extend through the end of this year.
The Company also announced that Charles A. Ebetino, Jr. will assume the position of Senior Vice President & Chief Operating Officer, with responsibility for all of Patriot’s mining operations. Mr. Ebetino has served as Patriot’s Senior Vice President – Corporate Development since its 2007 spin-off. Ebetino has more than 30 years of operating and commercial experience in the coal and utility industries, including prior senior management roles at Peabody Energy and American Electric Power, where he served as President & Chief Operating Officer of AEP’s coal mining and coal-related subsidiaries from 1993 until 2002. “Chuck’s prior management experience, combined with his operating background and specific knowledge of Patriot’s operations, make him an excellent fit for this position,” stated Patriot Chief Executive Officer Richard M. Whiting. “His deep understanding of all aspects of coal mining and marketing will serve the Company well as he assumes this critical role,” continued Whiting.