UPDATE: EV Energy Partners (EVEP) Posts Q3 Loss of 20c/Share; Updates Distribution Guidance

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Go back to UPDATE: EV Energy Partners (EVEP) Posts Q3 Loss of 20c/Share; Updates Distribution Guidance

EV Energy Partners Announces Third Quarter 2015 Results; Distribution and Guidance Updates

November 9, 2015 6:35 AM EST

HOUSTON, Nov. 9, 2015 /PRNewswire/ -- EV Energy Partners, L.P. (NASDAQ: EVEP) today announced results for the third quarter of 2015 and the filing of its Form 10-Q with the Securities and Exchange Commission.  Additionally, EVEP has provided an update on distributions and fourth quarter 2015 guidance.

Third Quarter 2015 Results

Adjusted EBITDAX for the third quarter of 2015 was $43.8 million, a 29 percent decrease from the third quarter of 2014 and an 18 percent decrease from the second quarter of 2015.  Distributable Cash Flow for the third quarter of 2015 was $20.1 million, a 37 percent decrease from... More