CNX Coal Resources LP (CNXC) Misses Q3 EPS by 3c
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CNX Coal Resources LP Announces Results for the Third Quarter 2016
October 31, 2016 4:10 PM EDTPITTSBURGH, Oct. 31, 2016 /PRNewswire/ --Â CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended September 30, 2016.
Third Quarter 2016 Results
Highlights of the CNXC third quarter 2016 results include:
Cash distribution of $0.5125 per each common and subordinated unit for third quarter Net income of $6.4 million Adjusted EBITDA1 of $19.5 million Average realized price increased by 9%, compared to previous quarter Completed the first post-IPO drop-down transaction representing an expected 25% growth in Adjusted... More