JP Energy Partners (JPEP) Reports Q1 Loss Per Share of 9c
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JP Energy Partners LP Announces First Quarter 2016 Financial Results
May 9, 2016 4:16 PM EDTIRVING, Texas--(BUSINESS WIRE)-- JP Energy Partners LP (NYSE: JPEP) (JP Energy, we, our, or us) today announced first quarter 2016 financial and operating results.
JP Energy reported Adjusted EBITDA of $14.2 million for the first quarter of 2016, compared to $15.2 million for the first quarter of 2015, and reported a loss from continuing operations of $2.7 million for the first quarter of 2016, compared to income from continuing operations of $1.1 million for the first quarter of 2015. Adjusted EBITDA for the first quarter of 2016 included $1.5 million of corporate overhead support from our general partner. Distributable Cash Flow was $12.4 million for the first... More
