Alliance Resource Partners (ARLP) Misses Q2 EPS by 12c
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July 28, 2015 7:00 AM EDT
TULSA, Okla.--(BUSINESS WIRE)--
Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported financial
and operating results for the quarter ended June 30, 2015 (the "2015
Quarter"). Reflecting higher other sales and operating revenues, total
revenues increased to a record $604.7 million compared to $598.6 million
for the quarter ended June 30, 2014 (the "2014 Quarter"). Although total
revenue increased, higher operating expenses and equity in loss of
affiliates from White Oak led to lower EBITDA, which decreased $30.7
million to $182.4 million for the 2015 Quarter. These factors and
increased depreciation, depletion and amortization expense contributed
to lower net income for the 2015 Quarter, which... More
