Peabody Energy and Alpha Natural Resources each lost about $56 million in July as the companies continued to reorganize from Chapter 11 bankruptcy, court documents filed late last week show.
Peabody reported a $55.5 million loss in July with $326.1 million in coal sales and $358.4 million in total revenues that were offset by $338.7 million in operating costs and $38.5 million in depreciation, depletion and amortization, plus other costs.
The company listed its total debt at $8.2 billion.
Peabody has lost $217.8 million since filing for Chapter 11 protection on April 13.
Alpha emerged from Chapter 11 as a smaller, privately held company on July 26. From July 1-25, the company posted a loss of $56 million with $118.5 in coal sales and $141.6 in total revenues offset by $126.2 million in operating costs and $16 million in depreciation, depletion and amortization, plus other costs.
Alpha reported a $494 million loss through the first seven months of this year and has lost almost $2 billion after filing for bankruptcy in August 2015.
