CNX Coal Resources LP (CNXC) Misses Q1 EPS by 4c

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Go back to CNX Coal Resources LP (CNXC) Misses Q1 EPS by 4c

CNX Coal Resources LP Announces Results for the First Quarter 2016

April 25, 2016 4:10 PM EDT

PITTSBURGH, April 25, 2016 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended March 31, 2016.

First Quarter 2016 Results

Highlights of the CNXC first quarter of 2016 results include:

Cash distribution of $0.5125 per unit Net income of $2.5 million Adjusted EBITDA1 of $13.1 million Achieved its lowest cost of coal sales in last six years Increased 2016 adjusted EBITDA guidance by $2.0 million Reduced 2016 capital expenditures guidance by $7.0 million

Management... More