JP Energy Partners (JPEP) Misses Q2 EPS by 7c

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JP Energy Partners LP Announces Second Quarter 2015 Financial Results

August 10, 2015 4:01 PM EDT

IRVING, Texas--(BUSINESS WIRE)-- JP Energy Partners LP (NYSE: JPEP) (JP Energy, we, our, or us) today announced second quarter 2015 financial and operating results.

JP Energy reported Adjusted EBITDA of $7.1 million for the second quarter of 2015, compared to $3.5 million for the second quarter of 2014, and reported a loss from continuing operations of $4.9 million for the second quarter of 2015, compared to a loss from continuing operations of $11.0 million for the second quarter of 2014. Distributable Cash Flow was $4.4 million for the second quarter of 2015.

For the six months ended June 30, 2015, JP Energy reported $22.2 million of Adjusted EBITDA, an... More