Foresight Energy LP (FELP) Reports Q4 Loss of $0.55/Share

Foresight Energy LP (NYSE: FELP) reported Q4 EPS of ($0.55), versus ($0.65) reported last year. Revenue for the quarter came in at $284.6 million, versus $252.92 million reported last year.

Guidance for 2018

Based on Foresight’s contracted position, recent performance, and its current outlook on pricing and the coal markets in general, the Partnership is providing the following guidance for 2018:

Sales Volumes – Based on current committed position and expectations for the remainder of 2018, Foresight is projecting sales volumes to be between 21.5 and 22.8 million tons, with over 5.0 million tons expected to be sold into the international market.

Adjusted EBITDA – Based on the projected sales volumes and operating cost structure, Foresight currently expects to generate Adjusted EBITDA in a range of $280 to $310 million.

Capital Expenditures – Total 2018 capital expenditures are estimated to be between $70 and $80 million.

For earnings history and earnings-related data on Foresight Energy LP (FELP) click here.

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