Discover Patriot Coal's Core Strengths
NYSE PCX
Strong Foundation
Our strong foundation includes vast proven and probable reserves, mining complexes in multiple basins with flexible shipping options, a solid base of high-quality metallurgical and thermal coal production and a strong safety culture.
> READ MOREMet Build-Out
Our Met Build-Out program includes a multi-year plan to increase our base of higher-margin metallurgical coal products. The goal of this program is to increase metallurgical tons sold, as well as met being a higher percentage of our total sales. Our modular mine portfolio allows us the versatility to dial our met production up or down in a timely manner to reflect market conditions.
Legacy Roll-Off
Patriot will benefit as a large below-market legacy coal supply agreement for 3.5 million Illinois Basin tons expired at the end of 2011, and an additional 3 million Central Appalachian tons under legacy coal supply agreements are set to expire at the end of 2012.
Exports
Patriot has exported significant volumes of coal to Europe and South America for many years, particularly metallurgical coal. Patriot's thermal coal exports are expected to reach around 7 million tons in 2012, a level not seen in many years.
Experienced Management Team
Patriot's management team includes seasoned executives with extensive backgrounds in the coal industry. Rick Whiting, CEO, and Ben Hatfield, COO, each have more than 30 years experience in our industry, particularly in Central Appalachia.
> READ MOREWebcast
Q1 2012 Patriot Coal Corporation Earnings Conference Call (Live)
05/08/12 at 10:00 a.m. CT
Recent News
Stock Information
NYSE PCX (Common Stock)
Price 3.52
Change (%)
-0.22 (5.88%)
Pricing delayed 20 minutes.
2012 Coal Volume
Representative Volume in Tons
Our comprehensive,
company-wide safety program has resulted in many prestigious awards over the years, including national recognition of
our world-class mine rescue teams and safety leaders.
> SAFETY MISSION
A career at
Patriot offers excellent opportunities, compensation and benefits. Learn about job openings at Patriot, its
subsidiaries and affiliates, as well as our extensive training programs.
> CAREER OPPORTUNITIES
