Stratrix
On the Record · Foresight Energy

Foresight Energy acquisitions, on the record

The businesses Foresight Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Macoupin mine
Word for word“We acquired the Macoupin mine in 2009 and sealed the majority of the previously mined area and implemented a new mine plan and design.” 10-K for 2017
acquisition2009—
additional 46% voting interest in FEGP
Word for word“On March 28, 2017, Murray Energy acquired an additional 46% voting interest in FEGP, thereby increasing Murray Energy’s voting interest in the FEGP to 80%.” 10-K for 2017
acquisitionMarch 28, 2017—
Acquisition of an affiliate
Word for word“Acquisition of an affiliate — — (100 ) — Proceeds from sale of equipment — 1,898 4,366 — Net cash used in investing activities (54,348 ) (13,785 ) (47,629 ) (138,781 ) Cash flows from financing activities Net change in borrowings under revolving credit facility — (352,500 ) — 33,000 Net change in borrowings under A/R securitization program (21,200 ) 7,000 (26,800 ) 41,000 Proceeds from long-term debt and capital lease obligations — 1,234,438 — 59,325 Payments on long-term debt and capital lease obligations (33,971 ) (970,721 ) (45,692 ) (44,440 ) Payments on short-term debt (3,631 ) — (739 ) (2,559 ) Proceeds from issuance of common units to Murray Energy (affiliate) — 60,586 — — Distributions paid (9,725 ) — (182 ) (152,352 ) Debt extinguishment costs — (57,645 ) — — Debt issuance costs paid — (27,328 ) (15,735 ) (2,751 ) Other (1,238 ) (1,892 ) (2,291 ) (1,825 ) Net cash used in financing activities (69,765 ) (108,062 ) (91,439 ) (70,602 ) Net increase (decrease) in cash and cash equivalents (2,056 ) (99,455 ) 86,152 (8,971 ) Cash and cash equivalents, beginning of period 4,235 103,690 17,538 26,509 Cash and cash equivalents, end of period $ 2,179 $ 4,235 $ 103,690 $ 17,538 See accompanying notes.” 10-K for 2017
acquisition——
Contractor VIEs
Word for word“On August 1, 2016, we acquired 100% of the outstanding equity units in each of the Contractor VIEs for aggregate cash consideration of $0.1 million.” 10-K for 2018
acquisitionAugust 1, 2016$0.1 million

Deal filings since 2016

Read from Foresight Energy’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-04-06. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.