Northland Capital Markets Downgrades Dakota Plains Holdings (DAKP) to Market Perform

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Dakota Plains Holdings, Inc. Reports First Quarter 2015 Financial Results

May 8, 2015 9:00 AM EDT

WAYZATA, Minn.--(BUSINESS WIRE)-- Dakota Plains Holdings, Inc. (Dakota Plains) (NYSE MKT: DAKP) today announced financial results for the three months ended March 31, 2015.

Operational & Corporate Update Summary

The Company billed 4.6 million barrels of transloaded oil, an increase of approximately 61% compared to first quarter of 2014. Sand transloading volumes for the first quarter of 2015 were 110,000 tons compared to 81,000 tons in the fourth quarter of 2014, a 35% increase. Sand transloading operations commenced in the second quarter of 2014. The construction of the... More