Foresight Energy LP (FELP) Misses Q2 EPS by 8c, Revenues Beat
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Foresight Energy LP Reports Second Quarter 2018ยน Results
August 3, 2018 6:05 AM EDTSecond Quarter 2018 Highlights:
Coal sales of nearly $270.0 million, an increase of 32% compared to the second quarter 2017, on higher sales volumes of 5.9 million tons and higher sales realization per ton sold. Adjusted EBITDA of $104.1 million. Cash flows from operations of $30.6 million. Net loss attributable to limited partner units of $29.2 million, or ($0.18) per common unit and ($0.23) per subordinated unit, which includes a $110.7 million non-cash impairment charge and a $69.1 million non-cash contract benefit related to the previously announced closure of Hillsboro operations.... More