White Stallion Energy reports $109,000 operating loss for March

By Sarah Lizee

Olympia, Wash., April 24 – White Stallion Energy, LLC and its affiliated debtors reported a $109,000 operating loss on zero total revenue for March, according to its monthly operating report Friday filed with the U.S. Bankruptcy Court for the District of Delaware.

The companies had also reported a $109,000 operating loss on zero total revenue for February.

The net loss for March was $163,000, compared to a $217,000 February net loss.

The company listed $1.76 million in cash at the end of March, up from $1.56 million at the end of February.

White Stallion Energy is a coal mining company based in Evansville, Ind. The company filed bankruptcy on Dec. 2, 2020 under Chapter 11 case number 20-13037.

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