Atlas Energy (ATLS) Reports Q2 Loss of $0.80/Share
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Atlas Energy Group, LLC Reports Operating And Financial Results For The Second Quarter 2015
August 6, 2015 6:38 PM EDTPITTSBURGH, 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... MoreAtlas Resource Partners, L.P. Reports Operating And Financial Results For The Second Quarter 2015
August 6, 2015 6:35 PM EDTPHILADELPHIA, 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... More