initial public offerings (IPOs) trading on American exchanges

Thursday, July 3, 2014

Foresight Energy LP (FELP) began trading on the NYSE on 18 June 2014


Foresight Energy LP (FELP), an Illinois Basin coal producer backed by billionaire Christopher Cline,  offered 17.5 million shares.  Foresight Energy LP, which was founded in 2005, booked $968 million in sales over the last 12 months. It is based in St. Louis, MO. Barclays, Citi, Morgan Stanley and J.P. Morgan are the joint bookrunners on the deal.

Description

Foresight Energy LP is an underground coal producer in the United States. The Company operates four underground mining complexes, all in the Illinois Basin region of the United States. The Company’s mining complexes consist of: Williamson Energy, LLC, Sugar Camp Energy, LLC, Hillsboro Energy, LLC and Macoupin Energy, LLC.

Address

SUITE 2600, 211 NORTH BROADWAY
ST. LOUIS, MO 63102
United States 

Key stats and ratios

Q1 (Mar '14)2013
Net profit margin13.15%1.10%
Operating margin25.35%13.20%
EBITD margin-37.92%
Return on average assets7.33%0.62%
Return on average equity-13.36%

No comments:

Post a Comment