Atlas Energy (ATLS) Reports Q2 Loss of $0.80/Share
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August 6, 2015 6:38 PM EDT
PITTSBURGH, Aug. 6, 2015 /PRNewswire/ -- Atlas Energy Group, LLC (NYSE: ATLS) ("Atlas Energy", the "Company" or "ATLS") today reported operating and financial results for the second quarter 2015.
Atlas Energy's Distributable Cash Flow, a non-GAAP measure, was approximately $5.0 million(1), or $0.19 per common unit, in the second quarter 2015.
Atlas Resource Partners, L.P. (NYSE:
ARP), Atlas Energy's E&P subsidiary, paid monthly cash distributions totaling $0.325 per common limited partner unit for the second quarter 2015. The most recent ARP distribution for June...
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August 6, 2015 6:35 PM EDT
PHILADELPHIA, Aug. 6, 2015 /PRNewswire/ --
Adjusted EBITDA was $64.7 million(1) for the second quarter 2015 and Distributable Cash Flow was $25.4 million(1) for the second quarter 2015
Natural gas and oil production in the second quarter 2015 were hedged approximately 73% and 100%, respectively; ARP's market value of its hedge portfolio is currently $327 million
Production costs have decreased approximately $25 million on an annualized basis when compared to fourth quarter 2014 as a result of the Company's operational cost reduction efforts
Full year 2015 G&A expense is expected to decrease approximately 20% on a year over year...
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