Rhino Resources (RNO) Tops Q1 EPS by 11c

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Rhino Resource Partners LP Announces First Quarter 2015 Financial and Operating Results

April 30, 2015 7:01 AM EDT

LEXINGTON, Ky., April 30, 2015 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership") announced today its financial and operating results for the quarter ended March 31, 2015. For the quarter, the Partnership reported a net loss of $3.9 million and Adjusted EBITDA of $6.2 million, compared to net income of $125.5 million and Adjusted EBITDA of $138.2 million in the first quarter of 2014. Results for the quarter ended March 31, 2014 benefited by a gain of approximately $121.7 million from the sale of our Utica Shale properties. Diluted net loss per common unit was $0.13 for the quarter compared to... More