GasLog Partners (GLOP) Tops Q2 EPS by 1c

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Go back to GasLog Partners (GLOP) Tops Q2 EPS by 1c

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended June 30, 2016 and Declares Cash Distribution

July 28, 2016 7:08 AM EDT

MONACO, July 28, 2016 (GLOBE NEWSWIRE) -- GasLog Partners LP ("GasLog Partners" or the "Partnership") (NYSE: GLOP), an international owner and operator of liquefied natural gas ("LNG") carriers, today reported its financial results for the three-month period ended June 30, 2016.

Quarterly Highlights

Declared cash distribution of $0.478 per unit for the second quarter of 2016, 10% higher than the second quarter of 2015. Completed the refinancing of $305.50 million of current debt. Revenue, Profit and EBITDA(1) of $49.64 million, $17.38 million and $35.56 million, 51%, 38% and 51% higher than the second quarter of 2015, respectively. Distributable cash flow of $19.84 million, 41% higher than the second quarter of... More