Foresight Energy LP Reports First Quarter 2019 Results

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Foresight Energy LP (FELP) Reports Q1 Loss of $0.09, Revenues Beat; Provides FY19 Operating Guidance

May 8, 2019 6:51 AM EDT

Foresight Energy LP (NYSE: FELP) reported Q1 EPS of ($0.09), versus ($0.12) reported last year. Revenue for the quarter came in at $267 million versus the consensus estimate of $253.3 million.

Coal sales of $267 million on sales volumes of 5.7 million tons.Adjusted EBITDA of $65.5 million.Cash flows from operations of $49.2 million.Net loss of $16.8 million, or ($0.09) per common unit and ($0.15) per subordinated unit.

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