Hi-Crush Partners (HCLP) Misses Q4 EPS by 1c
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Hi-Crush Partners LP Reports Fourth Quarter and Full Year 2018 Results
February 5, 2019 4:21 PM ESTRevenues of $162.2 million in 4Q 2018 vs. $214.0 million in 3Q 2018 and $216.5 million in 4Q 2017Net loss of $(9.9) million in 4Q 2018 vs. net income of $27.1 million in 3Q 2018 and $41.9 million in 4Q 2017Adjusted EBITDA of $10.2 million in 4Q 2018 vs. $51.3 million in 3Q 2018 and $57.9 million in 4Q 2017Contribution margin per ton of $14.35 in 4Q 2018 vs. $23.92 in 3Q 2018 and $23.46 in 4Q 2017Exited 4Q 2018 with $114.3 million of cash, no borrowings on ABL facility and total liquidity of $172.5 million51% of 4Q 2018 sales volumes sold to E&Ps;... More
