EV Energy Partners (EVEP) Misses Q4 EPS by 157c

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EV Energy Partners Announces Fourth Quarter and Full Year 2015 Results, Year-end Proved Reserves and 2016 Guidance

February 29, 2016 6:37 AM EST

HOUSTON, Feb. 29, 2016 /PRNewswire/ -- EV Energy Partners, L.P. (NASDAQ: EVEP) today announced results for the fourth quarter and full year 2015 and the filing of its Form 10-K with the Securities and Exchange Commission.  In addition, EVEP announced its 2015 year-end proved reserves and 2016 guidance.

Fourth Quarter 2015 Results

Adjusted EBITDAX for the fourth quarter of 2015 was $52.7 million, a 5 percent decrease from the fourth quarter of 2014 and a 20 percent increase over the third quarter of 2015.  Distributable Cash Flow for the fourth quarter of 2015 was $26.1 million, a 4 percent increase over the... More