Breitburn Energy Partners (BBEP) Misses Q1 EPS by 7c

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Breitburn Energy Partners Reports First Quarter 2015 Results

May 5, 2015 8:31 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- Breitburn Energy Partners LP (NASDAQ: BBEP) today announced financial and operating results for the first quarter 2015.

Key Highlights

Increased total production to 5.1 MMBoe, a 57% increase from the first quarter of 2014 and a 21% increase from the fourth quarter of 2014. Increased Adjusted EBITDA, a non-GAAP financial measure, to $148.6 million (including costs of $4.1 million for restructuring), a 26% increase from the first quarter of 2014 and a 17% increase from the fourth quarter of 2014. Reduced lease operating... More