Still in the midst of chapter 11 reorganization, Patriot Coal recorded a net loss of $215.9 million – more than four times what it lost in the same quarter last year, StateJournal.com reported yesterday. The company reported about a $448.6 million revenue in the third quarter, down about 24 percent from the same quarter last year. Patriot has been operating on $802 million in debtor-in-possession financing and has between 10,000 and 25,000 creditors.
