Atlas Energy (ATLS) Reports Q3 EPS of $0.29
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November 9, 2015 5:02 PM EST
PHILADELPHIA, Nov. 9, 2015 /PRNewswire/ --Â
Adjusted EBITDA was $68.1 million(1) and Distributable Cash Flow was $28.8 million(1) for the third quarter 2015
Gas and oil production costs continued to benefit from effective cost-reduction initiatives, decreasing 22% from the comparable prior year quarter
Natural gas and oil production in the third quarter 2015 were hedged approximately 71% and 100%, respectively; ARP's current market value of its hedge portfolio is approximately $360 million
Management will discuss third quarter 2015 financial and operational results on a conference call at 9:00 AM ET on Tuesday, November...
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November 9, 2015 5:01 PM EST
PITTSBURGH, Nov. 9, 2015 /PRNewswire/ --Â Atlas Energy Group, LLC (NYSE: ATLS) ("Atlas Energy", the "Company" or "ATLS") today reported operating and financial results for the third quarter 2015.
Atlas Energy's Distributable Cash Flow, a non-GAAP measure, was approximately $6.0 million(1), or $0.23 per common unit, in the third quarter 2015, compared to $5.0 million, or $0.19 per common unit, in the second quarter 2015. The increase in Distributable Cash Flow was in part due to a higher amount of cash received from the Company's investment in Lightfoot Capital Partners due to...
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