patriot transportation holding, inc. operates as a regional tank truck. the company conducts its business through its subsidiary, florida rock & tank lines, inc. its business consists of hauling petroleum related products, and dry bulk commodities and liquid chemicals. the company operates terminals in florida, georgia, alabama, south carolina, north carolina and tennessee. as of september 30, 2016, the company operated a fleet of 468 tractors and 561 tank trailers from its 21 terminals and nine satellite locations. the company offers hauling liquid petroleum products, such as gas and diesel fuel, from large scale fuel storage facilities to its customers' retail outlets, such as convenience stores, truck stops and fuel depots. its dry bulk commodities include cement, lime and various industrial powder products. it also provides delivery service in the liquid chemical and dry bulk business primarily from distribution facilities or manufacturing facilities to the end user.
Company profile
Ticker
PATI
Exchange
Website
CEO
Robert E. Sandlin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
New Patriot Transportation Holding, Inc.
SEC CIK
PATI stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
2 Jan 24
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Dec 23
8-K
Entry into a Material Definitive Agreement
21 Dec 23
25-NSE
Exchange delisting
21 Dec 23
8-K
Submission of Matters to a Vote of Security Holders
19 Dec 23
Transcripts
PATI
Earnings call transcript
2023 Q3
3 Aug 23
PATI
Earnings call transcript
2023 Q2
9 May 23
PATI
Earnings call transcript
2023 Q1
3 Feb 23
PATI
Earnings call transcript
2022 Q4
6 Dec 22
PATI
Earnings call transcript
2022 Q3
5 Aug 22
PATI
Earnings call transcript
2022 Q2
10 May 22
PATI
Earnings call transcript
2022 Q1
2 Feb 22
PATI
Earnings call transcript
2021 Q4
3 Dec 21
PATI
Earnings call transcript
2021 Q3
28 Jul 21
PATI
Earnings call transcript
2021 Q2
13 May 21
Latest ownership filings
4
CHARLES D HYMAN
21 Dec 23
SC 13G/A
CLB 1965 LLC
21 Dec 23
SC 13D/A
SANDLIN ROBERT E
21 Dec 23
SC 13D/A
BAKER THOMPSON S II
21 Dec 23
SC 13D/A
BAKER JOHN D II
21 Dec 23
4
Eric K. Mann
21 Dec 23
4
JAMES N IV ANDERSON
21 Dec 23
4
JOHN D BAKER II
21 Dec 23
4
ROBERT E SANDLIN
21 Dec 23
4
JOHN E ANDERSON
21 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.43 mm | 6.43 mm | 6.43 mm | 6.43 mm | 6.43 mm | 6.43 mm |
Cash burn (monthly) | 332.00 k | 156.08 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.28 mm | 1.07 mm | n/a | n/a | n/a | n/a |
Cash remaining | 4.15 mm | 5.36 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 12.5 | 34.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
49.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 24 |
Opened positions | 2 |
Closed positions | 1 |
Increased positions | 5 |
Reduced positions | 7 |
13F shares | Current |
---|---|
Total value | 7.17 bn |
Total shares | 1.77 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Hyman Charles D | 369.85 k | $3.03 bn |
Cynthia P. Ogden, as trustee for separate Trust for Sarah B. Porter created under Cynthia L'Engle Baker Trust U/A/D April 30, 1965 | 304.49 k | $2.67 mm |
CLB 1965 | 304.49 k | $0.00 |
Minerva Advisors | 215.58 k | $1.76 mm |
Oppenheimer & Close | 148.99 k | $1.22 bn |
Estabrook Capital Management | 123.61 k | $1.01 bn |
Dimensional Fund Advisors | 84.06 k | $713.65 mm |
BLK Blackrock | 45.42 k | $371.31 mm |
Renaissance Technologies | 30.42 k | $249.00 k |
Bridgeway Capital Management | 28.67 k | $243.42 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Dec 23 | Matthew C. McNulty | Common Stock | Sale back to company | Dispose D | Yes | No | 16.26 | 315 | 5.12 k | 0 |
21 Dec 23 | Matthew C. McNulty | Option to Buy Common Stock | Sale back to company | Dispose D | No | No | 16.26 | 36,535 | 594.06 k | 0 |
21 Dec 23 | Matthew C. McNulty | Option to Buy Common Stock | Sale back to company | Dispose D | No | No | 16.26 | 55,385 | 900.56 k | 0 |
21 Dec 23 | Matthew C. McNulty | Option to Buy Common Stock | Sale back to company | Dispose D | No | No | 16.26 | 27,555 | 448.04 k | 0 |
21 Dec 23 | Matthew C. McNulty | Option to Buy Common Stock | Sale back to company | Dispose D | No | No | 16.26 | 31,385 | 510.32 k | 0 |
21 Dec 23 | Matthew C. McNulty | Option to Buy Common Stock | Sale back to company | Dispose D | No | No | 16.26 | 29,195 | 474.71 k | 0 |
21 Dec 23 | John D Klopfenstein | Common Stock | Sale back to company | Dispose D | Yes | No | 16.26 | 3,602 | 58.57 k | 0 |
21 Dec 23 | John D Klopfenstein | Common Stock | Sale back to company | Dispose D | No | No | 16.26 | 3,058 | 49.72 k | 0 |
21 Dec 23 | John D Klopfenstein | Option to Buy Common Stock | Sale back to company | Acquire D | No | No | 16.26 | 10,937 | 177.84 k | 0 |
21 Dec 23 | John D Klopfenstein | Option to Buy Common Stock | Sale back to company | Acquire D | No | No | 16.26 | 7,786 | 126.60 k | 0 |