Foresight Energy LP (FELP) Misses Q3 EPS by 9c; Trims Qtr. Distribution; CFO Martinez Resigns

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Go back to Foresight Energy LP (FELP) Misses Q3 EPS by 9c; Trims Qtr. Distribution; CFO Martinez Resigns

Foresight Energy Announces Departure of CFO Oscar Martinez and Appointment of James Murphy as Principal Financial Officer

October 29, 2015 6:40 AM EDT

ST. LOUIS--(BUSINESS WIRE)-- Foresight Energy LP (NYSE: FELP) (Foresight) announced today that Oscar Martinez, Foresights Senior Vice President and Chief Financial Officer, will resign on November 13. His departure is part of the integration plan that combined the corporate functions of Foresight and Murray Energy Corporation resulting from the partnership formed earlier this year.

I would like to thank Oscar for his leadership and... More

Foresight Energy LP Announces Third Quarter 2015 Results

October 29, 2015 6:35 AM EDT

Third Quarter 2015 Highlights:

Production of 4.9 million tons Sales volumes of 5.7 million tons resulting in total revenues of $253.1 million and Adjusted EBITDA of $91.1 million Disciplined capital spending resulting in $14.4 million spent during the quarter Increased 2016 committed position to 19.5 million tons Announced quarterly cash distribution of $0.17 per common unit

ST. LOUIS--(BUSINESS WIRE)-- Foresight Energy LP (NYSE: FELP) today reported sales volumes of 5.7 million tons, total... More