Dakota Plains Holdings (DAKP) Misses Q3 Expectations on Top and Bottom
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Dakota Plains Holdings, Inc. Reports Third Quarter 2015 Financial Results
November 6, 2015 9:00 AM ESTWAYZATA, Minn.--(BUSINESS WIRE)-- Dakota Plains Holdings, Inc. (Dakota Plains or the Company) (NYSE MKT: DAKP) today announced financial results for the three months ended September 30, 2015.
Operational Summary
The Company billed 4.8 million barrels of transloaded crude oil, an increase of approximately 43% compared to the third quarter of 2014. Frac sand transloading volumes were 141,000 tons, an increase of approximately 102% compared to the third quarter of 2014. The Company benefitted from its first full quarter of in-house operations at the Pioneer Terminal, materially reducing operating costs.... More