JP Energy Partners (JPEP) Tops Q2 EPS by 4c
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JP Energy Partners LP Announces Second Quarter 2016 Financial Results
August 8, 2016 4:10 PM EDTIRVING, Texas--(BUSINESS WIRE)-- JP Energy Partners LP (NYSE: JPEP) (JP Energy, we, our, or us) today announced financial and operating results for the second quarter of 2016 and provided updated guidance for 2016.
JP Energy reported a net loss of $2.4 million for the second quarter of 2016, compared to a net loss of $4.9 million for the second quarter of 2015, and reported Adjusted EBITDA of $14.9 million for the second quarter of 2016, compared to $7.1 million for the second quarter of 2015. Adjusted EBITDA for the second quarter of 2016 included $3.5 million of corporate overhead support from our general partner. Distributable Cash... More
