Petrologistics Lp (PDH) Q2 Distribution $0.30/Unit
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Petrologistics Lp (NYSE: PDH) reported Q2 distribution per unit of $0.30, $0.03 better than the analyst estimate of $0.27. Revenue for the quarter came in at $159.4 million versus the consensus estimate of $159.92 million.
"Although propane-to-propylene spreads were at generally healthy levels over the course of the quarter, an unplanned outage during the month of June negatively impacted results," said Nathan Ticatch, President and Chief Executive Officer. "Since resuming normal operations the plant has run well, and with continued healthy margins the third quarter has started off on a solid footing."
For earnings history and earnings-related data on Petrologistics Lp (PDH) click here.
"Although propane-to-propylene spreads were at generally healthy levels over the course of the quarter, an unplanned outage during the month of June negatively impacted results," said Nathan Ticatch, President and Chief Executive Officer. "Since resuming normal operations the plant has run well, and with continued healthy margins the third quarter has started off on a solid footing."
For earnings history and earnings-related data on Petrologistics Lp (PDH) click here.
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