Foresight Energy LP (FELP) Reports Q4 Loss of $0.55/Share

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Foresight Energy LP Reports Full-Year¹ and Fourth Quarter 2017 Results

March 7, 2018 6:34 AM EST

Full-Year 2017 Highlights:

Coal sales of $944.4 million on sales volumes of 21.4 million tons, respective increases of 9% and 11% compared to prior year. Adjusted EBITDA of $293.8 million. Cash flows from operations of $144.5 million. Net loss attributable to limited partner units of $215.2 million. Net loss includes $95.5 million of debt restructuring charges and $42.7 million of asset impairment charges related to the March 2015 Hillsboro Energy, LLC combustion event. Paid cash distributions to common unitholders totaling $9.7 million, or $0.1252 per unit, during... More