JP Energy Partners (JPEP) Misses Q3 EPS by 14c
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JP Energy Partners LP Announces Third Quarter 2015 Financial Results
November 9, 2015 4:30 PM ESTIRVING, Texas--(BUSINESS WIRE)-- JP Energy Partners LP (NYSE: JPEP) (JP Energy, we, our, or us) today announced third quarter 2015 financial and operating results.
JP Energy reported Adjusted EBITDA of $10.4 million for the third quarter of 2015, compared to $9.6 million for the third quarter of 2014, and reported a loss from continuing operations of $8.4 million for the third quarter of 2015, compared to a loss from continuing operations of $5.6 million for the third quarter of 2014. Distributable Cash Flow was $8.6 million for the third quarter of 2015, resulting in a distribution coverage ratio for the quarter of approximately 0.7x.
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