Rose Rock Midstream (RRMS) Reports Q4 Loss Per Share of $0.10
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Rose Rock Midstream (NYSE: RRMS) reported Q4 EPS of ($0.10), versus $0.34 reported last year. Revenue for the quarter came in at $245.63 million, versus $336.57 million reported last year.
Rose Rock's 2016 consolidated Adjusted EBITDA guidance is between $165 and $185 million, compared to 2015 results of $175.3 million. The partnership expects to maintain its current distribution and distribution coverage of 1.0 times or greater throughout 2016, representing a 1.3% increase year-over-year. The partnership also expects to deploy approximately $35 million in capital investments in 2016.
For earnings history and earnings-related data on Rose Rock Midstream (RRMS) click here.
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